Sally Beauty (NYSE:SBH) Announces Quarterly Earnings Results, Meets Expectations

Sally Beauty (NYSE:SBH) issued its quarterly earnings data on Thursday. The specialty retailer reported $0.43 earnings per share 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 Down 3.4 %

NYSE SBH opened at $9.26 on Friday. 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’s 50 day simple moving average is $11.04 and its 200 day simple moving average is $12.14. Sally Beauty has a 12 month low of $9.06 and a 12 month high of $14.79. The company has a market capitalization of $943.51 million, a P/E ratio of 6.43 and a beta of 1.55.

Analyst Upgrades and Downgrades

SBH has been the topic of a number of recent analyst reports. Raymond James upgraded shares of Sally Beauty from an “underperform” rating to a “market perform” rating in a research report on Friday, November 15th. TD Cowen upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating and boosted their price target for the stock from $14.00 to $16.00 in a research report on Monday, November 25th. Canaccord Genuity Group initiated coverage on shares of Sally Beauty in a research report on Thursday, January 16th. They set a “buy” rating and a $14.00 price target on the stock. DA Davidson boosted their price target 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. Finally, Morgan Stanley dropped their price target 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. 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $13.20.

Insider Transactions at Sally Beauty

In other news, CAO Kim Mcintosh sold 4,300 shares of Sally Beauty stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $14.53, for a total value of $62,479.00. Following the transaction, the chief accounting officer now directly owns 16,685 shares of the company’s stock, valued at $242,433.05. This trade represents a 20.49 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Scott C. Sherman sold 13,500 shares of Sally Beauty stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 42,431 shares in the company, valued at approximately $614,825.19. This trade represents a 24.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.56% of the stock is currently owned by insiders.

About Sally Beauty

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.