Sally Beauty Holdings (SBH) Set to Announce Earnings on Thursday
Sally Beauty Holdings (NYSE:SBH) will announce its earnings results on Thursday, February 6th. Individual interested in listening to the company’s earnings conference call can do so using this link.
Sally Beauty Holdings (NYSE:SBH) last posted its quarterly earnings results on Thursday, November 14th. The company reported $0.38 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.39 by $0.01. The company had revenue of $906.00 million for the quarter, compared to the consensus estimate of $909.87 million. During the same quarter in the previous year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, analysts expect Sally Beauty Holdings to post $1.66 EPS for the current fiscal year and $1.89 EPS for the next fiscal year.
Shares of Sally Beauty Holdings (NYSE:SBH) opened at 27.86 on Wednesday. Sally Beauty Holdings has a 1-year low of $25.00 and a 1-year high of $31.86. The stock’s 50-day moving average is $29.09 and its 200-day moving average is $27.53. The company has a market cap of $4.566 billion and a P/E ratio of 18.61.
A number of analysts have recently weighed in on SBH shares. Analysts at Wells Fargo & Co. upgraded shares of Sally Beauty Holdings from a “market perform” rating to an “outperform” rating in a research note to investors on Wednesday, January 29th. On a related note, analysts at Credit Suisse reiterated a “buy” rating on shares of Sally Beauty Holdings in a research note to investors on Tuesday, January 28th. They now have a $33.00 price target on the stock, up previously from $27.65. Finally, analysts at Sterne Agee upgraded shares of Sally Beauty Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, January 28th. They now have a $33.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $32.13.
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.
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