Equities analysts expect Sally Beauty Holdings, Inc. (NYSE:SBH) to post earnings per share of $0.58 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for Sally Beauty’s earnings, with the highest EPS estimate coming in at $0.60 and the lowest estimate coming in at $0.53. Sally Beauty posted earnings of $0.60 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 3.3%. The firm is expected to report its next quarterly earnings results on Thursday, August 1st.
According to Zacks, analysts expect that Sally Beauty will report full year earnings of $2.18 per share for the current fiscal year, with EPS estimates ranging from $2.12 to $2.22. For the next year, analysts expect that the company will report earnings of $2.17 per share, with EPS estimates ranging from $1.92 to $2.26. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that follow Sally Beauty.
Sally Beauty (NYSE:SBH) last issued its quarterly earnings results on Wednesday, May 1st. The specialty retailer reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.03). The firm had revenue of $945.90 million during the quarter, compared to the consensus estimate of $964.08 million. Sally Beauty had a net margin of 6.28% and a negative return on equity of 110.97%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 earnings per share.
A number of analysts have recently commented on the company. Zacks Investment Research lowered HENGAN INTL GRP/ADR from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 21st. Bank of America reiterated an “underperform” rating and set a $1.25 target price (down previously from $4.50) on shares of Superior Energy Services in a report on Tuesday, June 25th. Jefferies Financial Group reiterated a “hold” rating and set a $32.00 target price (down previously from $40.00) on shares of Healthcare Services Group in a report on Friday, July 12th. Wells Fargo & Co reiterated a “buy” rating on shares of Allergan in a report on Tuesday, June 25th. Finally, ValuEngine upgraded YPF from a “sell” rating to a “hold” rating in a report on Monday, June 24th. Four research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. Sally Beauty has a consensus rating of “Hold” and a consensus price target of $15.64.
Shares of Sally Beauty stock traded down $0.08 during trading on Friday, reaching $12.22. The stock had a trading volume of 68,631 shares, compared to its average volume of 2,216,814. The company has a market cap of $1.48 billion, a P/E ratio of 5.69, a price-to-earnings-growth ratio of 1.69 and a beta of 0.42. The business’s fifty day simple moving average is $13.68. Sally Beauty has a 52 week low of $11.46 and a 52 week high of $23.61.
In other Sally Beauty news, CEO Christian A. Brickman acquired 10,000 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were purchased at an average price of $16.40 per share, for a total transaction of $164,000.00. Following the completion of the purchase, the chief executive officer now directly owns 355,332 shares of the company’s stock, valued at $5,827,444.80. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Edward W. Rabin acquired 5,500 shares of the company’s stock in a transaction on Friday, May 3rd. The stock was acquired at an average price of $16.38 per share, for a total transaction of $90,090.00. Following the purchase, the director now directly owns 19,732 shares of the company’s stock, valued at $323,210.16. The disclosure for this purchase can be found here. Insiders acquired 22,000 shares of company stock worth $351,135 in the last 90 days. Corporate insiders own 1.04% of the company’s stock.
Several institutional investors have recently bought and sold shares of the company. CWM Advisors LLC acquired a new stake in shares of Sally Beauty in the 2nd quarter valued at about $153,000. Oregon Public Employees Retirement Fund grew its stake in shares of Sally Beauty by 2.1% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 48,756 shares of the specialty retailer’s stock valued at $650,000 after buying an additional 989 shares during the period. Diversified Trust Co grew its stake in shares of Sally Beauty by 15.4% in the 2nd quarter. Diversified Trust Co now owns 29,140 shares of the specialty retailer’s stock valued at $389,000 after buying an additional 3,895 shares during the period. Empirical Finance LLC grew its stake in shares of Sally Beauty by 0.9% in the 2nd quarter. Empirical Finance LLC now owns 125,851 shares of the specialty retailer’s stock valued at $1,679,000 after buying an additional 1,085 shares during the period. Finally, First Trust Advisors LP grew its stake in shares of Sally Beauty by 20.0% in the 1st quarter. First Trust Advisors LP now owns 76,690 shares of the specialty retailer’s stock valued at $1,412,000 after buying an additional 12,797 shares during the period.
About Sally Beauty
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, skin and nail care, styling tools, and other beauty products for retail customers and salon professionals.
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