Sally Beauty Holdings, Inc. (NYSE:SBH – Get Free Report) has been assigned an average recommendation of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $17.80.
A number of research firms recently weighed in on SBH. Morgan Stanley increased their price target on Sally Beauty from $14.00 to $16.00 and gave the company an “underweight” rating in a research note on Tuesday, February 10th. TD Cowen upped their price objective on shares of Sally Beauty from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Canaccord Genuity Group increased their price objective on shares of Sally Beauty from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Wall Street Zen upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sally Beauty in a report on Friday, January 9th.
Get Our Latest Analysis on Sally Beauty
Sally Beauty Trading Up 2.4%
Sally Beauty (NYSE:SBH – Get Free Report) last released its quarterly earnings data on Monday, February 9th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. Sally Beauty had a return on equity of 26.07% and a net margin of 4.87%.The firm had revenue of $943.17 million for the quarter, compared to analyst estimates of $939.63 million. During the same quarter in the prior year, the company earned $0.43 earnings per share. The business’s revenue for the quarter was up .6% compared to the same quarter last year. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. Analysts expect that Sally Beauty will post 1.81 earnings per share for the current year.
Institutional Investors Weigh In On Sally Beauty
A number of institutional investors have recently made changes to their positions in SBH. Royal Bank of Canada increased its stake in shares of 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 purchasing an additional 33,086 shares during the period. AQR Capital Management LLC boosted its stake in Sally Beauty by 53.7% in the 1st quarter. AQR Capital Management LLC now owns 476,966 shares of the specialty retailer’s stock valued at $4,188,000 after purchasing an additional 166,637 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Sally Beauty by 3.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer’s stock valued at $547,000 after buying an additional 2,026 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Sally Beauty by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 324,906 shares of the specialty retailer’s stock worth $2,934,000 after buying an additional 31,040 shares during the period. Finally, Geode Capital Management LLC increased its position in Sally Beauty by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 2,555,955 shares of the specialty retailer’s stock worth $23,671,000 after buying an additional 34,328 shares during the period.
Sally Beauty Company Profile
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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