Analysts Set up Fourth Quarter 2022 Earnings Expectations of Sally Magnificence Holdings, Inc. (NYSE: SBH)


Sally Magnificence Holdings, Inc. (NYSE: SBH – Get Ranking) – Oppenheimer fairness analysts lowered their fourth-quarter 2022 EPS estimates for Sally Magnificence in a notice issued to buyers on Thursday, August 4. Oppenheimer analyst R. Parikh now expects the specialty retailer to publish earnings per share of $ 0.49 for the quarter, down from its earlier estimate of $ 0.62. Oppenheimer has a “Market Carry out” score on the inventory. The consensus estimate for Sally Magnificence’s present full-year earnings is $ 2.20 per share.

A number of different brokerage companies have additionally not too long ago revealed stories on SBH. Cowen lowered her Sally Magnificence inventory value goal from $ 30.00 to $ 20.00 in a analysis report on Friday, Could 6. Cowen diminished Sally Magnificence’s goal value from $ 30.00 to $ 20.00 in a report on Friday, Could 6. TheStreet minimize Sally Magnificence from a “b-” score to a “c +” score in a analysis report on Thursday, June 23. Raymond James downgraded Sally Magnificence from a “market efficiency” score to an “underperform” score in a analysis notice on Wednesday, June 29. Lastly, StockNews.com downgraded Sally Magnificence from a “purchase” score to a “maintain” score in a report on Friday. Two funding analysts rated the inventory with a promote score and two assigned a maintain score to the corporate’s inventory. In line with MarketBeat.com, Sally Magnificence presently has a consensus score of “Maintain” and a consensus value goal of $ 18.70.

Sally Magnificence Worth Efficiency

Shares of Sally Magnificence opened on Monday at $ 13.74. The corporate has a market capitalization of $ 1.47 billion, a PE ratio of 6.74 and a beta of 1.38. The corporate has a fast ratio of 0.59, a present ratio of 1.60, and a debt-to-equity ratio of three.66. The corporate’s 50-day easy transferring common is $ 13.19 and its 200-day easy transferring common is $ 15.17. Sally Magnificence has a 52-week low of $ 11.28 and a 52-week excessive of $ 21.86.

Sally Magnificence (NYSE: SBH – Get Ranking) final launched quarterly earnings knowledge on Thursday, Aug.4. The specialty retailer posted earnings per share of $ 0.55 for the quarter, lacking the consensus estimate of $ 0.59 for ($ 0.04). The corporate reported income of $ 961.47 million for the quarter, in contrast with analysts’ expectations of $ 950.97 million. Sally Magnificence had a return on fairness of 90.85% and a web margin of 5.99%. The corporate’s quarterly income was down 6.0% from the identical quarter final 12 months. Throughout the identical quarter of the earlier 12 months, the corporate posted an EPS of $ 0.68.

Sally Magnificence Institutional Buying and selling

A number of massive buyers have not too long ago purchased and bought SBH shares. First Horizon Advisors Inc. elevated its holdings in Sally Magnificence inventory by 1,882.3% throughout Q2. First Horizon Advisors Inc. now owns 2,458 shares within the specialty retailer valued at $ 29,000 after buying a further 2,334 shares within the final quarter. Assetmark Inc. elevated its holdings in Sally Magnificence inventory by 146.0% through the second quarter. Assetmark Inc. now owns 2,423 specialty reseller shares value $ 29,000 after buying a further 1,438 shares within the final quarter. Counterpoint Mutual Funds LLC acquired a brand new fairness curiosity in Sally Magnificence within the first quarter valued at roughly $ 66,000. Captrust Monetary Advisors strengthened its place in Sally Magnificence by 34.2% through the first quarter. Captrust Monetary Advisors now owns 5,036 shares of the specialty retailer value $ 79,000 after buying one other 1,282 shares within the final quarter. Lastly, Nisa Funding Advisors LLC acquired a brand new place in Sally Magnificence in This fall value roughly $ 89,000.

Sally Magnificence Firm Profile

(Get analysis)

Sally Magnificence Holdings, Inc operates as a specialist retailer and distributor {of professional} magnificence merchandise. The corporate operates throughout two segments, Sally Magnificence Provide and Magnificence Programs Group. The Sally Magnificence Provide phase presents magnificence merchandise, together with hair care and colour merchandise, pores and skin and nail care merchandise, styling instruments and different magnificence merchandise for retail shoppers, salons and salon professionals .

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Sally Beauty's Earnings History and Estimates (NYSE: SBH)



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