Sally Beauty (SBH) Set to Announce Quarterly Earnings on Thursday

Sally Beauty (NYSE:SBH) is scheduled to be announcing its earnings results before the market opens on Thursday, November 14th. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Sally Beauty Stock Performance

Shares of SBH stock opened at $12.79 on Wednesday. Sally Beauty has a one year low of $8.12 and a one year high of $13.96. The company has a market cap of $1.31 billion, a P/E ratio of 9.33 and a beta of 1.53. The firm has a 50-day moving average of $12.90 and a 200-day moving average of $11.83. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.12 and a quick ratio of 0.40.

Analyst Ratings Changes

Several equities analysts have commented on the stock. DA Davidson reissued a “neutral” rating and set a $12.00 target price on shares of Sally Beauty in a research report on Tuesday, August 13th. StockNews.com upgraded Sally Beauty from a “hold” rating to a “buy” rating in a report on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $11.00.

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.