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

Sally Beauty (NYSE:SBH) is set to post its quarterly earnings results before the market opens on Thursday, November 14th. Analysts expect Sally Beauty to post earnings of $0.48 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Sally Beauty Price Performance

NYSE:SBH opened at $13.10 on Tuesday. Sally Beauty has a one year low of $8.12 and a one year high of $13.96. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.40 and a current ratio of 2.12. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 9.56 and a beta of 1.53. The firm’s fifty day moving average is $12.90 and its two-hundred day moving average is $11.82.

Analysts Set New Price Targets

A number of brokerages have weighed in on SBH. StockNews.com upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research report on Monday, September 16th. DA Davidson restated a “neutral” rating and set a $12.00 price target on shares of Sally Beauty in a research report on Tuesday, August 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price 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.