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

Sally Beauty (NYSE:SBH) announced its earnings results on Thursday. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.43, Zacks reports. The company had revenue of $937.90 million for the quarter, compared to analysts’ expectations of $941.44 million. 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

Shares of SBH traded down $0.33 during mid-day trading on Friday, hitting $9.26. The stock had a trading volume of 3,339,594 shares, compared to its average volume of 1,870,992. The firm has a market cap of $943.51 million, a P/E ratio of 6.43 and a beta of 1.55. The business has a fifty day moving average price of $11.04 and a 200-day moving average price of $12.14. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.20 and a quick ratio of 0.45. Sally Beauty has a 52 week low of $9.06 and a 52 week high of $14.79.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SBH. Morgan Stanley cut their target price on Sally Beauty from $12.00 to $10.00 and set an “underweight” rating on the stock in a research report on Tuesday, January 21st. DA Davidson lifted their price target on Sally Beauty from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. TD Cowen upgraded Sally Beauty from a “hold” rating to a “buy” rating and lifted their price target for the stock from $14.00 to $16.00 in a report on Monday, November 25th. Canaccord Genuity Group initiated coverage on Sally Beauty in a report on Thursday, January 16th. They set a “buy” rating and a $14.00 price target on the stock. Finally, Raymond James upgraded Sally Beauty from an “underperform” rating to a “market perform” rating in a report on Friday, November 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $13.20.

Insider Buying and Selling at Sally Beauty

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

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.