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

Sally Beauty (NYSE:SBH) is expected to be announcing its earnings results before the market opens on Thursday, February 6th. 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.

Sally Beauty (NYSE:SBH) last released its earnings results on Thursday, November 14th. The specialty retailer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02. The firm had revenue of $935.00 million for the quarter, compared to the consensus estimate of $935.88 million. Sally Beauty had a return on equity of 31.37% and a net margin of 4.13%. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company 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 Performance

NYSE SBH opened at $11.05 on Thursday. The company has a market cap of $1.13 billion, a P/E ratio of 7.67 and a beta of 1.56. 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 business’s 50 day moving average price is $11.89 and its 200-day moving average price is $12.24. Sally Beauty has a fifty-two week low of $9.06 and a fifty-two week high of $14.79.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Canaccord Genuity Group assumed coverage on Sally Beauty in a research report on Thursday, January 16th. They set a “buy” rating and a $14.00 target price on the stock. DA Davidson boosted their target price on Sally Beauty from $12.00 to $13.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Morgan Stanley cut their target price on Sally Beauty from $12.00 to $10.00 and set an “underweight” rating on the stock in a research report on Tuesday, January 21st. Raymond James raised Sally Beauty from an “underperform” rating to a “market perform” rating in a research report on Friday, November 15th. Finally, StockNews.com raised Sally Beauty from a “hold” rating to a “buy” rating in a research report on Saturday, November 23rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $13.20.

Insider Buying and Selling at Sally Beauty

In other news, CAO Kim Mcintosh sold 4,300 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $14.53, for a total transaction of $62,479.00. Following the transaction, the chief accounting officer now owns 16,685 shares of the company’s stock, valued at approximately $242,433.05. This represents a 20.49 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Scott C. Sherman sold 13,500 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $14.49, for a total value of $195,615.00. Following the transaction, the insider now directly owns 42,431 shares in the company, valued at $614,825.19. The trade was a 24.14 % decrease in their position. The disclosure for this sale can be found here. 1.56% of the stock is currently owned by corporate 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.