Sally Beauty (NYSE:SBH) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Sally Beauty (NYSE:SBH) issued its quarterly earnings results on Thursday. The specialty retailer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02, Briefing.com reports. 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 during the quarter, compared to the consensus estimate of $935.88 million. During the same period in the previous year, the business earned $0.42 EPS. The business’s quarterly revenue was up 1.5% on a year-over-year basis. Sally Beauty updated its Q1 2025 guidance to EPS and its FY 2025 guidance to EPS.

Sally Beauty Stock Performance

SBH stock traded down $0.37 on Friday, reaching $13.41. The company’s stock had a trading volume of 1,852,802 shares, compared to its average volume of 1,200,261. The firm has a fifty day moving average of $12.96 and a two-hundred day moving average of $11.88. 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 market capitalization of $1.38 billion, a P/E ratio of 9.31 and a beta of 1.53. Sally Beauty has a 52 week low of $8.59 and a 52 week high of $14.36.

Analysts Set New Price Targets

Several research firms have weighed in on SBH. TD Cowen boosted their target price on shares of Sally Beauty from $13.00 to $14.00 and gave the company a “hold” rating in a research note on Friday. Morgan Stanley raised their target price on shares of Sally Beauty from $8.00 to $12.00 and gave the stock an “underweight” rating in a report on Friday. Raymond James raised Sally Beauty from an “underperform” rating to a “market perform” rating in a report on Friday. StockNews.com downgraded Sally Beauty from a “buy” rating to a “hold” rating in a report on Friday. Finally, 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. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, Sally Beauty presently has a consensus rating of “Hold” and a consensus target price 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.