Sally Beauty (NYSE:SBH) Issues Quarterly Earnings Results

Sally Beauty (NYSE:SBH - Get Free Report) released its earnings results on Thursday. The specialty retailer reported $0.43 earnings per share for the quarter, hitting analysts' consensus estimates of $0.43, Zacks reports. The firm had revenue of $937.90 million for the quarter, compared to the consensus estimate of $941.44 million. 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 Performance

SBH traded down $0.33 during midday trading on Monday, hitting $9.26. 3,339,594 shares of the company traded hands, compared to its average volume of 1,870,992. The company has a quick ratio of 0.45, a current ratio of 2.20 and a debt-to-equity ratio of 1.56. The firm has a market capitalization of $943.51 million, a PE ratio of 6.43 and a beta of 1.55. The company's 50-day moving average is $11.04 and its 200 day moving average is $12.15. Sally Beauty has a 52 week low of $9.06 and a 52 week high of $14.79.

Analyst Ratings Changes

A number of analysts have recently weighed in on SBH shares. Raymond James raised shares of Sally Beauty from an "underperform" rating to a "market perform" rating in a research report on Friday, November 15th. Canaccord Genuity Group started coverage on shares of Sally Beauty in a research report on Thursday, January 16th. They issued a "buy" rating and a $14.00 target price on the stock. DA Davidson upped their target price 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. Morgan Stanley reduced 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, StockNews.com downgraded shares of Sally Beauty from a "buy" rating to a "hold" rating in a research report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Sally Beauty presently has an average rating of "Hold" and a consensus target price of $13.20.

Insider Buying and Selling at Sally Beauty

In other news, insider Scott C. Sherman sold 13,500 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were 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. This represents a 24.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Kim Mcintosh sold 4,300 shares of the stock in a transaction that occurred on 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 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. Company 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.