Sally Beauty (SBH) to Release Earnings on Thursday

Sally Beauty (NYSE:SBH - Get Free Report) is projected to release its earnings data before the market opens on Thursday, February 6th. Analysts expect Sally Beauty to post earnings of $0.43 per share and revenue of $943.22 million for the quarter. Sally Beauty has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

Sally Beauty (NYSE:SBH - Get Free Report) last issued its earnings results on Thursday, November 14th. The specialty retailer reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. Sally Beauty had a return on equity of 31.37% and a net margin of 4.13%. The business had revenue of $935.00 million for the quarter, compared to analysts' expectations of $935.88 million. During the same period in the previous year, the firm posted $0.42 EPS. The company's quarterly revenue was up 1.5% on a year-over-year basis. On average, analysts expect Sally Beauty to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sally Beauty Trading Up 3.7 %

SBH traded up $0.41 during trading on Thursday, reaching $11.44. The company had a trading volume of 424,074 shares, compared to its average volume of 1,922,361. The firm's 50-day simple moving average is $11.89 and its 200 day simple moving average is $12.24. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.45 and a current ratio of 2.20. The company has a market cap of $1.17 billion, a price-to-earnings ratio of 7.94 and a beta of 1.56. Sally Beauty has a 12-month low of $9.06 and a 12-month high of $14.79.

Insider Buying and Selling at Sally Beauty

In related news, insider Scott C. Sherman sold 13,500 shares of the firm's stock in a transaction on Monday, November 25th. The shares were 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 $614,825.19. This trade represents a 24.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Kim Mcintosh sold 4,300 shares of the company's stock in a transaction 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 directly 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 disclosure for this sale can be found here. Corporate insiders own 1.56% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SBH shares. Raymond James upgraded shares of Sally Beauty from an "underperform" rating to a "market perform" rating in a research report on Friday, November 15th. Morgan Stanley decreased their target price on Sally Beauty from $12.00 to $10.00 and set an "underweight" rating for the company in a research report on Tuesday, January 21st. DA Davidson upped their target price on Sally Beauty from $12.00 to $13.00 and gave the company a "neutral" rating in a report on Friday, November 15th. Canaccord Genuity Group initiated coverage on Sally Beauty in a research note on Thursday, January 16th. They issued a "buy" rating and a $14.00 target price on the stock. Finally, StockNews.com upgraded shares of Sally Beauty from a "hold" rating to a "buy" rating in a report on Saturday, November 23rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus 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.