Shares of Alberto Culver Company (ACV) saw unusually high trading volume on Wednesday. Approximately 1,244,039 shares changed hands during mid-day trading, an increase of 78.73% from the previous session. The stock last traded at $37.23. On a related note, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Alberto-Culver Company in a research note to investors on Wednesday, March 2nd.

Alberto Culver Company develops, manufactures, distributes and markets beauty care brands, as well as food and household brands in the United States and more than 100 other countries. The company is organized into two business segments: United States and International. Beauty care brands accounted for approximately 95% of the company’s net sales during the fiscal year ended September 30, 2010 (fiscal 2010).

The company’s beauty care brands marketed in the United States include the Alberto VO5, TRESemme, Nexxus and Consort lines of hair care products, the St. Ives and Noxzema lines of skin care products, FDS feminine deodorant sprays and the Motions, Soft & Beautiful, Just For Me, TCB and Comb-Thru lines of multicultural hair care products.

Alberto-Culver Company last announced its quarterly results on Monday, January 31st. The company reported $0.52 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $0.54 EPS by $0.02. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 11.7% on a year-over-year basis. On average, analysts predict that Alberto-Culver Company will post $0.45 EPS next quarter.