Sally Beauty (SBH) Expected to Announce Quarterly Earnings on Thursday

Sally Beauty (NYSE:SBH) will likely be posting its quarterly earnings results before the market opens on Thursday, February 13th. 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.Investors interested in participating in the company’s conference call can do so using this link.

Sally Beauty (NYSE:SBH) last announced its quarterly earnings results on Thursday, November 14th. The specialty retailer reported $0.50 EPS for the quarter, beating 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 company had revenue of $935.00 million during the quarter, compared to analyst estimates of $935.88 million. During the same period in the prior year, the company earned $0.42 earnings per share. The firm’s 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 Stock Performance

Shares of NYSE:SBH opened at $9.67 on Wednesday. The company has a quick ratio of 0.45, a current ratio of 2.20 and a debt-to-equity ratio of 1.56. Sally Beauty has a 52 week low of $9.06 and a 52 week high of $14.79. The firm has a fifty day simple moving average of $11.28 and a two-hundred day simple moving average of $12.19. The stock has a market capitalization of $984.67 million, a P/E ratio of 6.71 and a beta of 1.55.

Insider Activity

In other news, insider Scott C. Sherman sold 13,500 shares of the company’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 completion of the sale, the insider now owns 42,431 shares of the company’s stock, valued at $614,825.19. This represents a 24.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Kim Mcintosh sold 4,300 shares of the firm’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 directly owns 16,685 shares in the company, valued at approximately $242,433.05. This represents a 20.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.56% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on SBH. TD Cowen upgraded Sally Beauty from a “hold” rating to a “buy” rating and boosted their price objective for the company from $14.00 to $16.00 in a report on Monday, November 25th. Canaccord Genuity Group assumed coverage on shares of Sally Beauty in a report on Thursday, January 16th. They issued a “buy” rating and a $14.00 price target for the company. Raymond James raised Sally Beauty from an “underperform” rating to a “market perform” rating in a research report on Friday, November 15th. DA Davidson raised their price target on shares of Sally Beauty from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Finally, StockNews.com downgraded shares of Sally Beauty from a “buy” rating to a “hold” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have assigned 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 an average target price of $13.20.

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.