Sally Beauty (NYSE:SBH – Get Free Report) had its price objective hoisted by TD Cowen from $17.00 to $18.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the specialty retailer’s stock. TD Cowen’s price target would suggest a potential upside of 10.63% from the stock’s previous close.
Other research analysts also recently issued research reports about the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. Morgan Stanley reiterated an “underweight” rating and issued a $14.00 target price on shares of Sally Beauty in a research report on Thursday, January 15th. Zacks Research lowered shares of Sally Beauty from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Raymond James Financial upgraded shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 price objective for the company in a research note on Wednesday. Finally, Wall Street Zen upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $16.08.
View Our Latest Report on Sally Beauty
Sally Beauty Trading Up 1.4%
Sally Beauty (NYSE:SBH – Get Free Report) last released its earnings results on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.06. The firm had revenue of $947.08 million for the quarter, compared to the consensus estimate of $932.88 million. Sally Beauty had a return on equity of 27.07% and a net margin of 5.29%.The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS. Sally Beauty has set its FY 2026 guidance at 2.090-2.090 EPS and its Q1 2026 guidance at 0.430-0.470 EPS. As a group, sell-side analysts expect that Sally Beauty will post 1.81 earnings per share for the current fiscal year.
Insider Activity
In other Sally Beauty news, SVP Scott C. Sherman sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $16.27, for a total transaction of $244,050.00. Following the completion of the sale, the senior vice president directly owned 57,585 shares in the company, valued at approximately $936,907.95. The trade was a 20.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Kim Mcintosh sold 5,900 shares of the firm’s stock in a transaction that occurred 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 trade represents a 21.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.00% of the stock is owned by company insiders.
Institutional Investors Weigh In On Sally Beauty
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. raised 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 buying an additional 2,730 shares during the last quarter. Larson Financial Group LLC raised its holdings 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 valued at $31,000 after acquiring an additional 1,519 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Sally Beauty in the second quarter valued at approximately $34,000. iSAM Funds UK Ltd acquired a new stake in shares of Sally Beauty in the third quarter valued at approximately $35,000. Finally, Jefferies Financial Group Inc. purchased a new position in Sally Beauty during the second quarter worth approximately $95,000.
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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