November 26, 2022


Fashion groove

Jefferies Financial Group Equities Analysts Lower Earnings Estimates for Sally Beauty Holdings, Inc. (NYSE:SBH)


Sally Natural beauty Holdings, Inc. (NYSE:SBHGet Rating) – Investment decision analysts at Jefferies Money Group dropped their Q4 2022 earnings per share (EPS) estimates for shares of Sally Beauty in a study note issued to traders on Thursday, Could 5th. Jefferies Economic Team analyst S. Wissink now expects that the specialty retailer will put up earnings per share of $.57 for the quarter, down from their prior estimate of $.72. Jefferies Monetary Group also issued estimates for Sally Beauty’s Q4 2023 earnings at $.69 EPS and FY2023 earnings at $2.57 EPS.

SBH has been the issue of a number of other analysis studies. DA Davidson lowered their value aim on Sally Beauty from $22.00 to $19.50 in a report on Friday, February 4th. begun coverage on shares of Sally Splendor in a analysis note on Thursday, March 31st. They issued a “buy” score for the corporation. Cowen cut their focus on rate on shares of Sally Elegance from $30.00 to $20.00 in a investigate notice on Friday. Cowen slice their focus on price on shares of Sally Attractiveness from $30.00 to $20.00 in a exploration take note on Friday. Finally, Oppenheimer downgraded shares of Sally Elegance from an “outperform” rating to a “market perform” score in a study be aware on Thursday. Four analysts have rated the inventory with a keep rating, two have assigned a buy rating and 1 has provided a powerful purchase score to the enterprise. According to details from MarketBeat, the stock presently has an normal score of “Buy” and a consensus cost concentrate on of $21.42.

Shares of NYSE SBH opened at $15.05 on Monday. The inventory has a market place capitalization of $1.70 billion, a cost-to-earnings ratio of 6.63 and a beta of 1.34. The business has a 50-day moving ordinary of $16.15 and a 200-day going typical of $17.61. The company has a credit card debt-to-fairness ratio of 5.08, a present ratio of 2.27 and a speedy ratio of .60. Sally Attractiveness has a fifty-two week small of $14.28 and a fifty-two 7 days large of $25.66.

Sally Beauty (NYSE:SBHGet Rating) last declared its quarterly earnings details on Thursday, Might 5th. The specialty retailer noted $.47 earnings for every share for the quarter, lacking the consensus estimate of $.51 by ($.04). The business had revenue of $911.40 million throughout the quarter, when compared to the consensus estimate of $951.20 million. Sally Natural beauty experienced a net margin of 6.66% and a return on fairness of 104.07%. Sally Beauty’s revenue was down 1.6% on a yr-around-calendar year foundation. Through the same quarter in the previous yr, the small business acquired $.57 EPS.

A amount of hedge cash have not too long ago modified their holdings of the business enterprise. US Bancorp DE lifted its placement in Sally Magnificence by 43.4% in the course of the 3rd quarter. US Bancorp DE now owns 1,881 shares of the specialty retailer’s stock value $32,000 just after buying an more 569 shares in the course of the past quarter. Exchange Traded Concepts LLC lifted its posture in Sally Attractiveness by 1.6% all through the fourth quarter. Exchange Traded Ideas LLC now owns 37,233 shares of the specialty retailer’s inventory value $687,000 after acquiring an further 596 shares in the course of the previous quarter. Thrivent Economic for Lutherans lifted its place in Sally Beauty by .7% in the course of the fourth quarter. Thrivent Economic for Lutherans now owns 91,988 shares of the specialty retailer’s stock really worth $1,698,000 right after acquiring an supplemental 622 shares throughout the last quarter. Oppenheimer & Co. Inc. lifted its position in Sally Magnificence by 3.1% for the duration of the 3rd quarter. Oppenheimer & Co. Inc. now owns 25,649 shares of the specialty retailer’s stock worth $432,000 immediately after buying an further 763 shares all through the past quarter. Eventually, Comerica Financial institution lifted its position in Sally Splendor by .8% for the duration of the to start with quarter. Comerica Lender now owns 97,759 shares of the specialty retailer’s inventory truly worth $1,590,000 following acquiring an supplemental 785 shares through the very last quarter.

About Sally Splendor (Get Ranking)

Sally Attractiveness Holdings, Inc operates as a specialty retailer and distributor of experienced splendor provides. The business operates via two segments, Sally Magnificence Offer and Beauty Techniques Group. The Sally Natural beauty Supply segment features elegance items, which include hair color and treatment goods, pores and skin and nail care goods, styling applications, and other attractiveness goods for retail buyers, salons, and salon specialists.

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Earnings History and Estimates for Sally Beauty (NYSE:SBH)

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