Sally Beauty (NYSE:SBH) Posts Earnings Results

Sally Beauty (NYSE:SBH) posted its earnings results on Thursday. The specialty retailer reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02, Briefing.com reports. Sally Beauty had a return on equity of 31.37% and a net margin of 4.13%. The firm had revenue of $935.00 million for the quarter, compared to the consensus estimate of $935.88 million. During the same quarter in the prior year, the business earned $0.42 EPS. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. Sally Beauty updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

Sally Beauty Stock Down 2.7 %

SBH stock traded down $0.37 during midday trading on Friday, hitting $13.41. The company’s stock had a trading volume of 1,852,802 shares, compared to its average volume of 1,200,261. The company has a market cap of $1.38 billion, a PE ratio of 9.31 and a beta of 1.53. Sally Beauty has a 12 month low of $8.59 and a 12 month high of $14.36. The company has a current ratio of 2.20, a quick ratio of 0.40 and a debt-to-equity ratio of 1.56. The firm’s 50-day moving average is $12.96 and its 200-day moving average is $11.88.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. StockNews.com downgraded Sally Beauty from a “buy” rating to a “hold” rating in a report on Friday. Morgan Stanley boosted their price target on Sally Beauty from $8.00 to $12.00 and gave the stock an “underweight” rating in a research report on Friday. TD Cowen boosted their price target on Sally Beauty from $13.00 to $14.00 and gave the stock a “hold” rating in a research report on Friday. DA Davidson boosted their price target on Sally Beauty from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Raymond James raised Sally Beauty from an “underperform” rating to a “market perform” rating in a research report on Friday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $13.00.

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.