Sally Beauty (SBH) to Release Quarterly Earnings on Thursday

Sally Beauty (NYSE:SBH) is anticipated to announce its earnings results before the market opens on Thursday, February 13th. Analysts expect the company to announce 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.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Sally Beauty (NYSE:SBH) last released its quarterly 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 firm had revenue of $935.00 million for the quarter, compared to the consensus estimate of $935.88 million. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period last year, the business posted $0.42 EPS. 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 Down 2.0 %

Sally Beauty stock opened at $9.57 on Tuesday. Sally Beauty has a one year low of $9.06 and a one year high of $14.79. The stock has a fifty day moving average of $11.36 and a 200 day moving average of $12.20. 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 stock has a market cap of $974.48 million, a PE ratio of 6.64 and a beta of 1.55.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Canaccord Genuity Group began 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 for the company. Morgan Stanley reduced their target price on shares of Sally Beauty from $12.00 to $10.00 and set an “underweight” rating for the company in a report on Tuesday, January 21st. StockNews.com upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research note on Saturday, November 23rd. DA Davidson upped their price objective on Sally Beauty from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. Finally, Raymond James upgraded Sally Beauty from an “underperform” rating to a “market perform” rating in a research report on Friday, November 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $13.20.

Insiders Place Their Bets

In related news, CAO Kim Mcintosh sold 4,300 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was 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 approximately $242,433.05. The trade was a 20.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $195,615.00. Following the sale, the insider now directly owns 42,431 shares of the company’s stock, 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. 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.