Sally Beauty Holdings, Inc. (NYSE:SBH – Get Rating) – Analysts at Jefferies Financial Group decreased their Q4 2022 earnings estimates for shares of Sally Beauty in a research note issued on Wednesday, April 27th. Jefferies Financial Group analyst S. Wissink now forecasts that the specialty retailer will post earnings of $0.72 per share for the quarter, down from their previous forecast of $0.73.
Sally Beauty (NYSE:SBH – Get Rating) last announced its quarterly earnings data on Wednesday, February 2nd. The specialty retailer reported $0.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.03. The firm had revenue of $980.00 million during the quarter, compared to analysts’ expectations of $993.34 million. Sally Beauty had a return on equity of 125.54% and a net margin of 6.42%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.50 EPS.
Sally Beauty stock opened at $15.65 on Friday. The company has a debt-to-equity ratio of 4.92, a quick ratio of 0.60 and a current ratio of 2.08. Sally Beauty has a 52 week low of $14.88 and a 52 week high of $25.66. The stock has a market capitalization of $1.77 billion, a P/E ratio of 7.15 and a beta of 1.42. The stock has a fifty day moving average of $16.36 and a 200-day moving average of $17.60.
Several large investors have recently modified their holdings of SBH. US Bancorp DE grew its stake in shares of Sally Beauty by 43.4% in the third quarter. US Bancorp DE now owns 1,881 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 569 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Sally Beauty by 1.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 37,233 shares of the specialty retailer’s stock worth $687,000 after purchasing an additional 596 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of Sally Beauty by 0.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 91,988 shares of the specialty retailer’s stock worth $1,698,000 after purchasing an additional 622 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in Sally Beauty by 3.1% during the third quarter. Oppenheimer & Co. Inc. now owns 25,649 shares of the specialty retailer’s stock valued at $432,000 after acquiring an additional 763 shares during the last quarter. Finally, Comerica Bank boosted its position in Sally Beauty by 0.8% during the first quarter. Comerica Bank now owns 97,759 shares of the specialty retailer’s stock valued at $1,590,000 after acquiring an additional 785 shares during the last quarter.
Sally Beauty Company Profile (Get Rating)
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.
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