Shares of Sally Beauty Holdings, Inc. (NYSE:SBH – Get Free Report) have received an average rating of “Hold” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $17.00.
A number of brokerages have recently weighed in on SBH. Morgan Stanley cut their price objective on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating for the company in a research report on Tuesday, May 12th. TD Cowen cut their price objective on Sally Beauty from $20.00 to $17.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Weiss Ratings upgraded Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 4th. Finally, Wall Street Zen upgraded Sally Beauty from a “hold” rating to a “buy” rating in a research report on Saturday.
Check Out Our Latest Stock Report on Sally Beauty
Sally Beauty Trading Up 2.2%
Sally Beauty (NYSE:SBH – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The specialty retailer reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The firm had revenue of $903.38 million during the quarter, compared to analyst estimates of $901.43 million. Sally Beauty had a return on equity of 24.95% and a net margin of 4.93%.The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.42 earnings per share. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. Equities research analysts anticipate that Sally Beauty will post 2.06 EPS for the current fiscal year.
Insider Buying and Selling
In other Sally Beauty news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $12.70, for a total transaction of $543,191.70. Following the completion of the transaction, the chief financial officer owned 138,145 shares in the company, valued at $1,754,441.50. This trade represents a 23.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.00% of the stock is owned by company insiders.
Hedge Funds Weigh In On Sally Beauty
Institutional investors have recently bought and sold shares of the business. Mariner LLC raised its position in Sally Beauty by 6.1% in the 4th quarter. Mariner LLC now owns 15,400 shares of the specialty retailer’s stock worth $220,000 after purchasing an additional 890 shares during the period. Royce & Associates LP raised its position in Sally Beauty by 8.3% in the 3rd quarter. Royce & Associates LP now owns 13,217 shares of the specialty retailer’s stock worth $215,000 after purchasing an additional 1,017 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Sally Beauty by 0.6% during the fourth quarter. Russell Investments Group Ltd. now owns 183,249 shares of the specialty retailer’s stock valued at $2,613,000 after buying an additional 1,081 shares during the last quarter. B. Metzler seel. Sohn & Co. AG grew its stake in shares of Sally Beauty by 1.7% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 89,257 shares of the specialty retailer’s stock valued at $1,273,000 after buying an additional 1,477 shares during the last quarter. Finally, CWM LLC grew its stake in shares of Sally Beauty by 11.3% during the fourth quarter. CWM LLC now owns 14,693 shares of the specialty retailer’s stock valued at $210,000 after buying an additional 1,490 shares during the last quarter.
About Sally Beauty
Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.
Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.
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