FMP

FMP

Sally Beauty Holdings, Inc. (NYSE:SBH) Earnings Call and Financial Performance Insights

  • Sally Beauty Holdings, Inc. (NYSE:SBH) sees a 9.98% increase in stock price following its Q4 2024 earnings call.
  • The company has a market capitalization of approximately $1.41 billion, indicating its significant presence in the beauty industry.
  • Analysts show active interest with a trading volume of 2,951,096 shares, reflecting positive market sentiment.

Sally Beauty Holdings, Inc. (NYSE:SBH) is a prominent player in the beauty supply industry, offering a wide range of professional beauty products. The company operates through two segments: Sally Beauty Supply and Beauty Systems Group. It competes with other beauty retailers like Ulta Beauty and Sephora. Recently, Linda Bolton Weiser from D.A. Davidson set a price target of $13 for SBH, while the stock was trading at $13.78, indicating a price difference of approximately -5.66%.

On November 14, 2024, Sally Beauty Holdings held its Q4 2024 earnings conference call. Key participants included Jeff Harkins, Denise Paulonis, and Marlo Cormier. Analysts from firms like TD Cowen, Piper Sandler, and Morgan Stanley attended. The call focused on the company's fourth-quarter and full-year fiscal 2024 results, providing insights into its financial performance.

The stock for SBH is currently priced at $13.78, reflecting a significant increase of 9.98% with a change of $1.25. This price movement indicates positive market sentiment following the earnings call. The stock has fluctuated between a low of $12.95 and a high of $14.09 today, with $14.09 marking its highest price over the past year.

Sally Beauty Holdings has a market capitalization of approximately $1.41 billion, highlighting its substantial presence in the beauty industry. The trading volume for SBH today stands at 2,951,096 shares, suggesting active investor interest. The stock's lowest price in the past year was $8.59, showing significant growth potential.