Sally Beauty Holdings, Inc. (NYSE:SBH) Receives $17.00 Consensus Price Target from Brokerages

Shares of Sally Beauty Holdings, Inc. (NYSE:SBHGet Free Report) have been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $17.00.

A number of equities research analysts have commented on SBH shares. Wall Street Zen upgraded Sally Beauty from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Morgan Stanley dropped their target price on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. TD Cowen reduced their price target on shares of Sally Beauty from $20.00 to $17.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Finally, Weiss Ratings cut shares of Sally Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 18th.

Read Our Latest Research Report on SBH

Insider Buying and Selling

In related news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of Sally Beauty stock in a transaction that occurred on Monday, June 8th. The stock was 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 directly owned 138,145 shares in the company, valued at approximately $1,754,441.50. This trade represents a 23.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Sally Beauty

A number of institutional investors have recently added to or reduced their stakes in SBH. Mariner LLC boosted its position in Sally Beauty by 6.1% during the fourth quarter. Mariner LLC now owns 15,400 shares of the specialty retailer’s stock valued at $220,000 after acquiring an additional 890 shares during the last quarter. Russell Investments Group Ltd. grew its position in Sally Beauty by 0.6% in the 4th quarter. Russell Investments Group Ltd. now owns 183,249 shares of the specialty retailer’s stock valued at $2,613,000 after purchasing an additional 1,081 shares during the period. Versant Capital Management Inc boosted its stake in Sally Beauty by 27.2% during the 2nd quarter. Versant Capital Management Inc now owns 5,096 shares of the specialty retailer’s stock valued at $72,000 after purchasing an additional 1,089 shares during the last quarter. B. Metzler seel. Sohn & Co. AG raised its position in Sally Beauty by 1.7% in the 4th 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 lifted its position in shares of Sally Beauty by 11.3% during the 4th quarter. CWM LLC now owns 14,693 shares of the specialty retailer’s stock worth $210,000 after buying an additional 1,490 shares in the last quarter.

Sally Beauty Trading Down 2.4%

NYSE:SBH opened at $14.35 on Wednesday. The firm has a 50-day simple moving average of $13.35 and a 200-day simple moving average of $14.39. Sally Beauty has a one year low of $9.34 and a one year high of $17.92. The firm has a market cap of $1.37 billion, a P/E ratio of 7.93 and a beta of 1.02. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.55 and a current ratio of 2.34.

Sally Beauty (NYSE:SBHGet Free Report) last announced its quarterly earnings results on Monday, May 11th. The specialty retailer reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $903.38 million for the quarter, compared to the consensus estimate of $901.42 million. Sally Beauty had a return on equity of 24.95% and a net margin of 4.93%.The business’s revenue was up 2.3% compared to the same quarter last year. During the same period last year, the business posted $0.42 EPS. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. Equities analysts anticipate that Sally Beauty will post 2.06 EPS for the current fiscal year.

Sally Beauty Company Profile

(Get Free Report)

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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Analyst Recommendations for Sally Beauty (NYSE:SBH)

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