FY2025 EPS Estimates for Sally Beauty Reduced by DA Davidson

Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) - Equities research analysts at DA Davidson cut their FY2025 earnings per share (EPS) estimates for Sally Beauty in a report released on Tuesday, February 18th. DA Davidson analyst L. Weiser now forecasts that the specialty retailer will post earnings of $1.73 per share for the year, down from their prior forecast of $1.82. DA Davidson has a "Neutral" rating and a $10.50 price objective on the stock. The consensus estimate for Sally Beauty's current full-year earnings is $1.81 per share. DA Davidson also issued estimates for Sally Beauty's FY2026 earnings at $1.73 EPS.

A number of other research analysts have also commented on the company. TD Cowen raised Sally Beauty from a "hold" rating to a "buy" rating and upped their price objective for the company from $14.00 to $16.00 in a report on Monday, November 25th. StockNews.com upgraded shares of Sally Beauty from a "hold" rating to a "buy" rating in a research note on Wednesday. Raymond James upgraded shares of Sally Beauty from an "underperform" rating to a "market perform" rating in a research note on Friday, November 15th. Morgan Stanley decreased their target price on shares of Sally Beauty from $12.00 to $10.00 and set an "underweight" rating on the stock in a research report on Tuesday, January 21st. Finally, Canaccord Genuity Group assumed coverage on shares of Sally Beauty in a report on Thursday, January 16th. They set a "buy" rating and a $14.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $12.70.

Sally Beauty Stock Performance

Shares of NYSE SBH traded down $0.39 during trading hours on Thursday, reaching $8.94. 2,773,088 shares of the stock were exchanged, compared to its average volume of 2,459,176. The firm has a market capitalization of $910.96 million, a price-to-earnings ratio of 5.35 and a beta of 1.55. The stock's fifty day simple moving average is $10.70 and its 200 day simple moving average is $12.09. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.44 and a current ratio of 2.27. Sally Beauty has a 52 week low of $8.88 and a 52 week high of $14.79.

Sally Beauty (NYSE:SBH - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The specialty retailer reported $0.43 earnings per share for the quarter, meeting analysts' consensus estimates of $0.43. Sally Beauty had a return on equity of 30.35% and a net margin of 4.73%. The business had revenue of $937.90 million for the quarter, compared to analysts' expectations of $941.44 million.

Insider Buying and Selling at Sally Beauty

In other Sally Beauty news, CAO Kim Mcintosh sold 4,300 shares of the business's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $14.53, for a total transaction of $62,479.00. Following the completion of the transaction, the chief accounting officer now owns 16,685 shares of the company's stock, valued at approximately $242,433.05. The trade was a 20.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 disclosure for this sale can be found here. Insiders own 1.56% of the company's stock.

Institutional Trading of Sally Beauty

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP grew its position in shares of Sally Beauty by 369.3% in the 3rd quarter. Quarry LP now owns 2,980 shares of the specialty retailer's stock valued at $40,000 after buying an additional 2,345 shares during the last quarter. Federated Hermes Inc. raised its stake in Sally Beauty by 119.1% during the 4th quarter. Federated Hermes Inc. now owns 3,702 shares of the specialty retailer's stock worth $39,000 after buying an additional 2,012 shares during the period. Point72 DIFC Ltd bought a new position in Sally Beauty in the third quarter worth approximately $64,000. R Squared Ltd acquired a new stake in Sally Beauty in the fourth quarter valued at approximately $56,000. Finally, KBC Group NV increased its holdings in shares of Sally Beauty by 89.0% during the fourth quarter. KBC Group NV now owns 5,871 shares of the specialty retailer's stock valued at $61,000 after acquiring an additional 2,764 shares in the last quarter.

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.