Equities analysts expect Sally Beauty Holdings, Inc. (NYSE:SBH) to announce earnings of $0.56 per share for the current quarter, Zacks reports. Seven analysts have made estimates for Sally Beauty’s earnings, with the highest EPS estimate coming in at $0.58 and the lowest estimate coming in at $0.53. Sally Beauty reported earnings per share of $0.44 in the same quarter last year, which would suggest a positive year-over-year growth rate of 27.3%. The business is expected to issue its next quarterly earnings report on Thursday, May 3rd.
On average, analysts expect that Sally Beauty will report full-year earnings of $2.37 per share for the current year, with EPS estimates ranging from $2.09 to $2.50. For the next year, analysts anticipate that the firm will post earnings of $2.42 per share, with EPS estimates ranging from $2.13 to $2.67. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Sally Beauty.
Sally Beauty (NYSE:SBH) last announced its quarterly earnings data on Thursday, February 8th. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.26. Sally Beauty had a negative return on equity of 72.22% and a net margin of 6.17%. The company had revenue of $994.96 million for the quarter, compared to analysts’ expectations of $990.18 million. During the same quarter in the prior year, the firm earned $0.39 earnings per share. Sally Beauty’s revenue was down .5% compared to the same quarter last year.
In related news, Director Edward W. Rabin bought 3,750 shares of the stock in a transaction on Tuesday, November 21st. The stock was bought at an average price of $15.49 per share, for a total transaction of $58,087.50. Following the completion of the acquisition, the director now directly owns 14,351 shares in the company, valued at $222,296.99. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.97% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently modified their holdings of the company. Flinton Capital Management LLC lifted its holdings in shares of Sally Beauty by 86.8% during the 2nd quarter. Flinton Capital Management LLC now owns 7,952 shares of the specialty retailer’s stock valued at $161,000 after purchasing an additional 3,696 shares during the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of Sally Beauty during the 4th quarter valued at $185,000. GSA Capital Partners LLP purchased a new stake in shares of Sally Beauty during the 3rd quarter valued at $197,000. Invictus RG purchased a new stake in shares of Sally Beauty during the 3rd quarter valued at $202,000. Finally, M&T Bank Corp lifted its holdings in shares of Sally Beauty by 0.6% during the 2nd quarter. M&T Bank Corp now owns 10,373 shares of the specialty retailer’s stock valued at $210,000 after purchasing an additional 65 shares during the last quarter.
Shares of Sally Beauty (SBH) traded down $0.01 during trading hours on Monday, reaching $17.20. The company had a trading volume of 1,320,000 shares, compared to its average volume of 2,470,000. Sally Beauty has a 52 week low of $14.05 and a 52 week high of $23.15. The company has a market capitalization of $2,180.00, a PE ratio of 9.50, a P/E/G ratio of 1.06 and a beta of 0.42. The company has a debt-to-equity ratio of -5.17, a quick ratio of 0.38 and a current ratio of 1.97.
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Sally Beauty Company Profile
Sally Beauty Holdings, Inc is an international specialty retailer and distributor of professional beauty supplies with operations primarily in North America, South America and Europe. The Company operates through two business segments: Sally Beauty Supply and Beauty Systems Group (BSG). Sally Beauty Supply is a domestic and international chain of cash and carry retail stores, which offers professional beauty supplies to both salon professionals and retail customers primarily in North America, Puerto Rico, and parts of Europe and South America.
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