Sally Beauty (NYSE:SBH) Issues Earnings Results

Sally Beauty (NYSE:SBH) issued its quarterly earnings results on Thursday. The specialty retailer reported $0.43 EPS for the quarter, meeting analysts’ consensus estimates 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

SBH traded up $0.60 during trading hours on Thursday, reaching $9.78. The company’s stock had a trading volume of 2,218,641 shares, compared to its average volume of 2,226,640. The company’s 50-day moving average is $11.19 and its 200-day moving average is $12.17. Sally Beauty has a 52 week low of $9.06 and a 52 week high of $14.79. The firm has a market cap of $996.28 million, a PE ratio of 6.79 and a beta of 1.55. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.45 and a current ratio of 2.20.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. TD Cowen upgraded Sally Beauty from a “hold” rating to a “buy” rating and boosted their target price for the company from $14.00 to $16.00 in a research note on Monday, November 25th. Canaccord Genuity Group started coverage on shares of Sally Beauty in a report on Thursday, January 16th. They set a “buy” rating and a $14.00 target price for the company. StockNews.com lowered shares of Sally Beauty from a “buy” rating to a “hold” rating in a research note on Tuesday. DA Davidson boosted their price target on shares of Sally Beauty from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Finally, Morgan Stanley decreased their price objective on Sally Beauty from $12.00 to $10.00 and set an “underweight” rating for the company in a report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $13.20.

Insider Buying and Selling at Sally Beauty

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

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 products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.