Sally Beauty (NYSE:SBH) Announces Quarterly Earnings Results

Sally Beauty (NYSE:SBH) released its quarterly earnings results on Thursday. The specialty retailer reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02, Briefing.com reports. The company had revenue of $935.00 million during the quarter, compared to analysts’ expectations of $935.88 million. Sally Beauty had a return on equity of 31.37% and a net margin of 4.13%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 earnings per share. Sally Beauty updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

Sally Beauty Stock Down 2.7 %

Sally Beauty stock traded down $0.37 during midday trading on Friday, hitting $13.41. 1,852,802 shares of the stock were exchanged, compared to its average volume of 1,200,261. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.20 and a quick ratio of 0.40. The company has a 50 day moving average price of $12.96 and a two-hundred day moving average price of $11.88. The firm has a market cap of $1.38 billion, a P/E ratio of 9.31 and a beta of 1.53. Sally Beauty has a 1 year low of $8.59 and a 1 year high of $14.36.

Analyst Ratings Changes

Several analysts have commented on SBH shares. Morgan Stanley lifted their target price on shares of Sally Beauty from $8.00 to $12.00 and gave the stock an “underweight” rating in a research note on Friday. TD Cowen lifted their price objective on Sally Beauty from $13.00 to $14.00 and gave the company a “hold” rating in a research report on Friday. DA Davidson upped their target price on Sally Beauty from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Friday. Raymond James raised Sally Beauty from an “underperform” rating to a “market perform” rating in a research note on Friday. Finally, StockNews.com downgraded shares of Sally Beauty from a “buy” rating to a “hold” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, Sally Beauty presently has an average rating of “Hold” and an average price target of $13.00.

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.