Sally Beauty (NYSE:SBH) issued its quarterly earnings results on Thursday. The specialty retailer reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.06), MarketWatch Earnings reports. Sally Beauty had a negative return on equity of 305.73% and a net margin of 3.18%. The business had revenue of $705.29 million during the quarter, compared to the consensus estimate of $705.08 million.
NYSE SBH opened at $11.61 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.88 and a debt-to-equity ratio of 717.80. The stock has a market capitalization of $1.31 billion, a PE ratio of 12.35, a price-to-earnings-growth ratio of 2.44 and a beta of 1.26. Sally Beauty has a 12-month low of $6.28 and a 12-month high of $21.98. The company has a 50 day moving average price of $13.05 and a two-hundred day moving average price of $12.08.
A number of analysts recently commented on the stock. DA Davidson dropped their target price on shares of Sally Beauty from $14.50 to $10.00 in a report on Monday, April 27th. Robert W. Baird upped their price objective on shares of Sally Beauty from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Zacks Investment Research downgraded shares of Sally Beauty from a “hold” rating to a “sell” rating and set a $10.00 target price for the company. in a research report on Monday, April 27th. TheStreet upgraded shares of Sally Beauty from a “d+” rating to a “c-” rating in a report on Thursday, June 11th. Finally, Oppenheimer raised shares of Sally Beauty to a “buy” rating and set a $19.00 price target on the stock in a research note on Tuesday, July 7th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $11.83.
Sally Beauty Company Profile
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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