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.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $17.40.
A number of equities analysts have recently issued reports on SBH shares. TD Cowen increased their target price on Sally Beauty from $17.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Weiss Ratings upgraded Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 28th. Wall Street Zen lowered shares of Sally Beauty from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Morgan Stanley reduced their price objective on shares of Sally Beauty from $16.00 to $13.00 and set an “underweight” rating for the company in a research note on Tuesday, May 12th.
Get Our Latest Report on Sally Beauty
Sally Beauty Stock Up 0.0%
Sally Beauty (NYSE:SBH – Get Free Report) last issued its earnings results on Monday, August 3rd. The specialty retailer reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.02. The business had revenue of $935.49 million for the quarter, compared to the consensus estimate of $938.45 million. Sally Beauty had a net margin of 5.16% and a return on equity of 24.36%. The business’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. On average, analysts forecast that Sally Beauty will post 2.07 earnings per share for the current year.
Insider Activity at Sally Beauty
In related news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $12.70, for a total value of $543,191.70. Following the sale, the chief financial officer owned 138,145 shares in the company, valued at $1,754,441.50. This represents a 23.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.00% of the stock is owned by company insiders.
Institutional Trading of Sally Beauty
Large investors have recently made changes to their positions in the stock. Osaic Holdings Inc. grew its position in shares of Sally Beauty by 1,365.0% in the second quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 2,730 shares during the period. Nykredit A S purchased a new position in Sally Beauty during the second quarter worth about $28,000. Larson Financial Group LLC boosted its stake in Sally Beauty by 392.5% in the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock worth $31,000 after buying an additional 1,519 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Sally Beauty in the 2nd quarter worth about $34,000. Finally, iSAM Funds UK Ltd purchased a new stake in Sally Beauty in the 3rd quarter valued at about $35,000.
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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