September 30, 2022

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Sally Beauty Holdings, Inc. (NYSE:SBH) Expected to Announce Earnings of $0.51 Per Share

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Wall Avenue analysts forecast that Sally Attractiveness Holdings, Inc. (NYSE:SBHGet Ranking) will announce earnings per share of $.51 for the existing quarter, Zacks stories. Four analysts have furnished estimates for Sally Beauty’s earnings, with the optimum EPS estimate coming in at $.61 and the least expensive estimate coming in at $.44. Sally Natural beauty posted earnings of $.57 for every share for the duration of the very same quarter last yr, which would point out a unfavorable year around 12 months progress rate of 10.5%. The organization is expected to announce its next earnings outcomes on Monday, January 1st.

On regular, analysts assume that Sally Natural beauty will report comprehensive 12 months earnings of $2.58 for each share for the recent fiscal calendar year, with EPS estimates ranging from $2.50 to $2.63. For the up coming money year, analysts forecast that the business will report earnings of $2.75 for every share, with EPS estimates ranging from $2.69 to $2.77. Zacks’ earnings for each share calculations are a mean average based on a study of sell-side investigate analysts that address Sally Attractiveness.

Sally Magnificence (NYSE:SBHGet Ranking) final declared its earnings outcomes on Wednesday, February 2nd. The specialty retailer documented $.63 earnings per share for the quarter, beating the Zacks’ consensus estimate of $.60 by $.03. The business experienced revenue of $980.00 million during the quarter, compared to analyst estimates of $993.34 million. Sally Attractiveness had a return on equity of 125.54% and a web margin of 6.42%. The firm’s quarterly earnings was up 4.7% when compared to the same quarter very last calendar year. Through the exact time period final year, the company posted $.50 earnings for each share.

Many equities analysts not too long ago issued reports on the firm. DA Davidson decreased their selling price concentrate on on Sally Attractiveness from $22.00 to $19.50 in a report on Friday, February 4th. StockNews.com assumed protection on Sally Magnificence in a report on Thursday, March 31st. They issued a “buy” rating on the stock. Three equities investigation analysts have rated the stock with a maintain score, three have assigned a invest in rating and a person has assigned a powerful acquire ranking to the corporation. In accordance to MarketBeat.com, Sally Attractiveness now has a consensus rating of “Buy” and a consensus price concentrate on of $23.70.

A number of institutional buyers and hedge money have a short while ago modified their holdings of the business enterprise. Dynamic Engineering Lab Personal Ltd obtained a new stake in shares of Sally Natural beauty all through the 3rd quarter well worth about $380,000. Blueshift Asset Administration LLC acquired a new stake in shares of Sally Magnificence in the course of the third quarter well worth about $274,000. Geode Funds Management LLC lifted its place in shares of Sally Attractiveness by .4% all through the third quarter. Geode Money Management LLC now owns 1,845,272 shares of the specialty retailer’s inventory value $31,092,000 just after acquiring an more 6,613 shares in the course of the time period. Balyasny Asset Administration LLC acquired a new stake in shares of Sally Natural beauty through the third quarter value about $1,273,000. At last, Marshall Wace LLP obtained a new stake in Sally Splendor in the 3rd quarter valued at somewhere around $315,000.

Sally Natural beauty stock traded up $.06 for the duration of mid-working day investing on Tuesday, hitting $15.61. The inventory experienced a buying and selling volume of 1,684,213 shares, in contrast to its typical volume of 1,412,840. The stock has a 50-working day very simple shifting ordinary of $16.83 and a two-hundred working day uncomplicated moving typical of $17.70. The inventory has a market capitalization of $1.76 billion, a PE ratio of 7.13 and a beta of 1.42. Sally Natural beauty has a 12 month small of $14.92 and a 12 month high of $25.66. The corporation has a present-day ratio of 2.08, a brief ratio of .60 and a credit card debt-to-fairness ratio of 4.92.

Sally Splendor Firm Profile (Get Ranking)

Sally Natural beauty Holdings, Inc operates as a specialty retailer and distributor of professional splendor provides. The enterprise operates through two segments, Sally Elegance Offer and Splendor Programs Group. The Sally Elegance Supply section provides beauty products and solutions, together with hair colour and treatment products, pores and skin and nail care merchandise, styling equipment, and other beauty merchandise for retail prospects, salons, and salon pros.

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Earnings History and Estimates for Sally Beauty (NYSE:SBH)

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