Sally Beauty (NYSE:SBH) Releases Earnings Results, Hits Estimates

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

Sally Beauty Stock Up 7.2 %

Shares of NYSE SBH traded up $0.67 during midday trading on Thursday, hitting $9.85. 1,783,212 shares of the company’s stock were exchanged, compared to its average volume of 2,209,128. The firm’s fifty day simple moving average is $11.19 and its 200-day simple moving average is $12.17. Sally Beauty has a twelve month low of $9.06 and a twelve month high of $14.79. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.20 and a quick ratio of 0.45. The company has a market cap of $1.00 billion, a PE ratio of 6.83 and a beta of 1.55.

Insider Buying and Selling

In other news, insider Scott C. Sherman sold 13,500 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 42,431 shares of the company’s stock, valued at $614,825.19. This trade represents a 24.14 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Kim Mcintosh sold 4,300 shares of the business’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 sale, the chief accounting officer now owns 16,685 shares in the company, valued at approximately $242,433.05. The trade was a 20.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.56% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on SBH shares. TD Cowen upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $14.00 to $16.00 in a research note on Monday, November 25th. StockNews.com cut Sally Beauty from a “buy” rating to a “hold” rating in a research report on Tuesday. Morgan Stanley dropped their target price on Sally Beauty from $12.00 to $10.00 and set an “underweight” rating on the stock in a research note on Tuesday, January 21st. DA Davidson increased their price target on Sally Beauty from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Friday, November 15th. Finally, Raymond James upgraded Sally Beauty from an “underperform” rating to a “market perform” rating in a research note on Friday, November 15th. One 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’s stock. According to MarketBeat.com, Sally Beauty presently has an average rating of “Hold” and an average target price of $13.20.

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.