Sally Beauty (SBH) to Release Earnings on Thursday

Sally Beauty (NYSE:SBH - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, November 14th. Analysts expect Sally Beauty to post earnings of $0.48 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

Sally Beauty (NYSE:SBH - Get Free Report) last released its earnings results on Thursday, August 8th. The specialty retailer reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.05. The company had revenue of $942.30 million for the quarter, compared to analyst estimates of $931.77 million. Sally Beauty had a return on equity of 31.88% and a net margin of 3.99%. Sally Beauty's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.49 EPS. On average, analysts expect Sally Beauty to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sally Beauty Price Performance

Shares of SBH traded down $0.13 during trading hours on Thursday, hitting $13.09. 1,408,892 shares of the company were exchanged, compared to its average volume of 1,347,685. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 9.66 and a beta of 1.53. Sally Beauty has a fifty-two week low of $8.12 and a fifty-two week high of $13.96. The company has a quick ratio of 0.40, a current ratio of 2.12 and a debt-to-equity ratio of 1.69. The firm's fifty day moving average is $12.91 and its 200 day moving average is $11.77.

Analysts Set New Price Targets

SBH has been the topic of several analyst reports. StockNews.com raised Sally Beauty from a "hold" rating to a "buy" rating in a report on Monday, September 16th. Piper Sandler reduced their price objective on Sally Beauty from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Thursday, July 11th. Finally, DA Davidson reaffirmed a "neutral" rating and issued a $12.00 price objective on shares of Sally Beauty in a research note on Tuesday, August 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $11.00.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.