Sally Beauty (NYSE:SBH) issued its quarterly earnings results on Thursday. The specialty retailer reported ($0.11) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.06), MarketWatch Earnings reports. The firm had revenue of $705.29 million during the quarter, compared to analyst estimates of $705.08 million. Sally Beauty had a negative return on equity of 305.73% and a net margin of 3.18%.

Sally Beauty stock traded down $0.09 during midday trading on Friday, hitting $11.61. 1,805,637 shares of the stock were exchanged, compared to its average volume of 1,512,008. Sally Beauty has a fifty-two week low of $6.28 and a fifty-two week high of $21.98. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 10.00, a PEG ratio of 2.46 and a beta of 1.26. The stock’s 50-day simple moving average is $13.05 and its 200 day simple moving average is $12.08. The company has a current ratio of 1.88, a quick ratio of 0.55 and a debt-to-equity ratio of 717.80.

A number of brokerages have recently issued reports on SBH. Morgan Stanley lifted their price target on Sally Beauty from $7.00 to $9.00 and gave the stock an “underweight” rating in a research note on Thursday, May 7th. ValuEngine lowered Sally Beauty from a “sell” rating to a “strong sell” rating in a research note on Monday, June 8th. Oppenheimer raised Sally Beauty to a “buy” rating and set a $19.00 price target on the stock in a research note on Tuesday, July 7th. Robert W. Baird lifted their price target on Sally Beauty from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Finally, DA Davidson lowered their price target on Sally Beauty from $14.50 to $10.00 in a research note on Monday, April 27th. Three analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $11.83.

In other news, Director Edward W. Rabin acquired 4,500 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average cost of $9.66 per share, for a total transaction of $43,470.00. Following the completion of the transaction, the director now owns 25,520 shares in the company, valued at $246,523.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Edward W. Rabin acquired 3,500 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average price of $10.40 per share, with a total value of $36,400.00. Following the completion of the transaction, the director now owns 25,520 shares of the company’s stock, valued at approximately $265,408. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 12,000 shares of company stock valued at $123,515. 2.62% of the stock is owned by company insiders.

About Sally Beauty

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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Earnings History for Sally Beauty (NYSE:SBH)

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