Sally Beauty (SBH) Scheduled to Post Quarterly Earnings on Thursday

Sally Beauty (NYSE:SBH) is scheduled to announce its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.39 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Sally Beauty Price Performance

Shares of SBH opened at $10.59 on Wednesday. Sally Beauty has a twelve month low of $7.21 and a twelve month high of $13.91. The company has a market capitalization of $1.11 billion, a P/E ratio of 6.75 and a beta of 1.49. The firm has a 50 day moving average of $11.49 and a 200 day moving average of $11.44. The company has a quick ratio of 0.45, a current ratio of 2.20 and a debt-to-equity ratio of 1.97.

Analyst Upgrades and Downgrades

SBH has been the topic of several recent analyst reports. DA Davidson increased their price objective on Sally Beauty from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Wednesday, February 7th. Piper Sandler dropped their price target on shares of Sally Beauty from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Tuesday, March 19th. Finally, TD Cowen decreased their price objective on shares of Sally Beauty from $13.00 to $11.00 and set a “hold” rating for the company in a report on Wednesday, April 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, Sally Beauty has a consensus rating of “Hold” and a consensus target price of $12.00.

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 products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.