Brokerages Set Sally Beauty Holdings, Inc. (NYSE:SBH) Target Price at $17.80

Sally Beauty Holdings, Inc. (NYSE:SBH) has earned an average recommendation of “Hold” from the seven research firms that are covering the firm, Marketbeat.com reports. One 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 objective among analysts that have updated their coverage on the stock in the last year is $17.80.

A number of research firms recently weighed in on SBH. Raymond James Financial raised Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price on the stock in a research report on Wednesday, January 21st. TD Cowen raised their price objective on Sally Beauty from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Jefferies Financial Group reissued a “hold” rating and set a $16.00 price objective on shares of Sally Beauty in a report on Wednesday, January 14th. Wall Street Zen cut Sally Beauty from a “buy” rating to a “hold” rating in a research report on Monday, March 2nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th.

Insider Transactions at Sally Beauty

In other news, CAO Kim Mcintosh sold 5,900 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $15.71, for a total value of $92,689.00. Following the completion of the transaction, the chief accounting officer owned 21,295 shares in the company, valued at approximately $334,544.45. This represents a 21.70% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.00% of the stock is owned by company insiders.

Institutional Trading of Sally Beauty

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SBH. Hillsdale Investment Management Inc. boosted its stake in Sally Beauty by 52.9% in the 2nd quarter. Hillsdale Investment Management Inc. now owns 482,576 shares of the specialty retailer’s stock valued at $4,469,000 after buying an additional 166,900 shares in the last quarter. Bryce Point Capital LLC acquired a new position in Sally Beauty during the third quarter worth $570,000. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Sally Beauty by 43.9% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 277,926 shares of the specialty retailer’s stock worth $4,525,000 after acquiring an additional 84,763 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Sally Beauty during the second quarter valued at $515,000. Finally, Teacher Retirement System of Texas lifted its holdings in shares of Sally Beauty by 58.7% during the third quarter. Teacher Retirement System of Texas now owns 578,570 shares of the specialty retailer’s stock valued at $9,419,000 after acquiring an additional 214,066 shares during the period.

Sally Beauty Trading Down 3.0%

Shares of SBH stock opened at $14.80 on Thursday. Sally Beauty has a 1 year low of $7.54 and a 1 year high of $17.92. The firm’s fifty day simple moving average is $15.61 and its 200 day simple moving average is $15.21. The firm has a market capitalization of $1.44 billion, a P/E ratio of 8.41 and a beta of 1.14. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 1.02.

Sally Beauty (NYSE:SBH) last issued its quarterly earnings results on Monday, February 9th. The specialty retailer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The firm had revenue of $943.17 million during the quarter, compared to the consensus estimate of $939.63 million. During the same period in the prior year, the firm earned $0.43 EPS. The business’s revenue was up .6% on a year-over-year basis. 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. As a group, sell-side analysts predict that Sally Beauty will post 1.81 EPS for the current year.

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.