Sally Beauty (NYSE:SBH) Posts Earnings Results, Beats Expectations By $0.03 EPS

Sally Beauty (NYSE:SBH - Get Free Report) released its quarterly earnings data on Monday. The specialty retailer reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.03, Zacks reports. The firm had revenue of $883.15 million for the quarter, compared to the consensus estimate of $901.00 million. Sally Beauty had a return on equity of 30.35% and a net margin of 4.73%. The firm's revenue was down 2.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.35 earnings per share. Sally Beauty updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Sally Beauty Stock Performance

SBH stock traded up $0.08 during midday trading on Friday, hitting $9.17. The stock had a trading volume of 1,223,217 shares, compared to its average volume of 1,802,049. The firm has a market capitalization of $934.92 million, a price-to-earnings ratio of 5.49 and a beta of 1.33. Sally Beauty has a 52 week low of $7.54 and a 52 week high of $14.79. The stock has a 50-day simple moving average of $8.52 and a 200 day simple moving average of $10.40. The company has a current ratio of 2.27, a quick ratio of 0.44 and a debt-to-equity ratio of 1.43.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Sally Beauty by 3.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer's stock worth $547,000 after purchasing an additional 2,026 shares during the period. AQR Capital Management LLC raised its stake in Sally Beauty by 53.7% during the first quarter. AQR Capital Management LLC now owns 476,966 shares of the specialty retailer's stock worth $4,188,000 after acquiring an additional 166,637 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in Sally Beauty by 150,390.9% during the first quarter. Royal Bank of Canada now owns 33,108 shares of the specialty retailer's stock worth $299,000 after acquiring an additional 33,086 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SBH shares. StockNews.com raised Sally Beauty from a "hold" rating to a "buy" rating in a research report on Wednesday, February 19th. Morgan Stanley decreased their target price on Sally Beauty from $12.00 to $10.00 and set an "underweight" rating for the company in a research report on Tuesday, January 21st. Finally, DA Davidson reduced their price objective on Sally Beauty from $13.00 to $10.50 and set a "neutral" rating for the company in a research report on Tuesday, February 18th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $12.70.

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.