Sally Beauty (NYSE:SBH) Announces Earnings Results, Meets Estimates

Sally Beauty (NYSE:SBHGet Free Report) posted its quarterly earnings data on Thursday. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.43, Zacks reports. Sally Beauty had a return on equity of 31.37% and a net margin of 4.13%. Sally Beauty updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

Sally Beauty Stock Performance

NYSE:SBH traded up $0.60 during mid-day trading on Thursday, hitting $9.78. 2,218,641 shares of the company’s stock traded hands, compared to its average volume of 2,226,640. The company has a current ratio of 2.20, a quick ratio of 0.45 and a debt-to-equity ratio of 1.56. Sally Beauty has a 12 month low of $9.06 and a 12 month high of $14.79. The firm has a 50 day moving average of $11.19 and a two-hundred day moving average of $12.17. The firm has a market capitalization of $996.28 million, a price-to-earnings ratio of 6.79 and a beta of 1.55.

Insider Transactions at Sally Beauty

In other Sally Beauty news, CAO Kim Mcintosh sold 4,300 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $14.53, for a total value of $62,479.00. Following the completion of the sale, the chief accounting officer now owns 16,685 shares in the company, valued at approximately $242,433.05. This trade represents a 20.49 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Scott C. Sherman sold 13,500 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $14.49, for a total transaction of $195,615.00. Following the completion of the sale, the insider now directly owns 42,431 shares of the company’s stock, valued at approximately $614,825.19. This represents a 24.14 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. StockNews.com cut Sally Beauty from a “buy” rating to a “hold” rating in a research report on Tuesday. DA Davidson raised their target price on Sally Beauty from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Raymond James upgraded Sally Beauty from an “underperform” rating to a “market perform” rating in a research note on Friday, November 15th. TD Cowen raised Sally Beauty from a “hold” rating to a “buy” rating and raised their price objective for the company from $14.00 to $16.00 in a research note on Monday, November 25th. Finally, Morgan Stanley decreased their target price on Sally Beauty from $12.00 to $10.00 and set an “underweight” rating for the company in a research report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $13.20.

Check Out Our Latest Stock Report on SBH

Sally Beauty Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for Sally Beauty (NYSE:SBH)

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