Sally Beauty (NYSE:SBH – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 2.020-2.100 for the period, compared to the consensus EPS estimate of 2.070. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.7 billion.
Analysts Set New Price Targets
SBH has been the topic of several recent research reports. Wall Street Zen lowered shares of Sally Beauty from a “buy” rating to a “hold” rating in a research report on Saturday. Canaccord Genuity Group increased their price target on shares of Sally Beauty from $19.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Weiss Ratings cut shares of Sally Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 22nd. TD Cowen decreased their price objective on Sally Beauty from $20.00 to $17.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Finally, Morgan Stanley lowered their price objective on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $17.00.
Get Our Latest Research Report on SBH
Sally Beauty Stock Up 0.4%
Sally Beauty (NYSE:SBH – Get Free Report) last posted its earnings results on Monday, May 11th. The specialty retailer reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. The business had revenue of $903.38 million for the quarter, compared to analyst estimates of $901.43 million. Sally Beauty had a net margin of 4.93% and a return on equity of 24.95%. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.42 EPS. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. As a group, equities research analysts expect that Sally Beauty will post 2.06 earnings per share for the current fiscal year.
Institutional Trading of Sally Beauty
Several hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. grew its position in Sally Beauty by 1,365.0% during the 2nd quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 2,730 shares during the last quarter. Larson Financial Group LLC increased its holdings in Sally Beauty by 392.5% during the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 1,519 shares in the last quarter. Raymond James Financial Inc. bought a new position in Sally Beauty in the 2nd quarter valued at $34,000. iSAM Funds UK Ltd bought a new position in Sally Beauty in the 3rd quarter valued at $35,000. Finally, Intesa Sanpaolo Wealth Management acquired a new position in Sally Beauty in the fourth quarter worth $36,000.
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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