Sally Beauty Holdings, Inc. (NYSE:SBH) Given Average Rating of “Hold” by Analysts

Shares of Sally Beauty Holdings, Inc. (NYSE:SBHGet Free Report) have earned a consensus rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat reports. One equities research 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 a report on the stock in the last year is $17.40.

A number of analysts recently weighed in on SBH shares. Wall Street Zen cut shares of Sally Beauty from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Morgan Stanley dropped their price target on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a report on Tuesday, May 12th. TD Cowen increased their price objective on Sally Beauty from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Finally, Weiss Ratings raised Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 28th.

Check Out Our Latest Stock Analysis on SBH

Insider Activity

In other news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the company’s stock in a transaction 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 sale, the chief financial officer directly owned 138,145 shares of the company’s stock, valued at $1,754,441.50. This represents a 23.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Sally Beauty

A number of institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its stake in Sally Beauty by 150,390.9% during the first quarter. Royal Bank of Canada now owns 33,108 shares of the specialty retailer’s stock valued at $299,000 after buying an additional 33,086 shares in the last quarter. AQR Capital Management LLC boosted its stake in Sally Beauty by 53.7% in the 1st quarter. AQR Capital Management LLC now owns 476,966 shares of the specialty retailer’s stock worth $4,188,000 after purchasing an additional 166,637 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Sally Beauty by 3.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer’s stock worth $547,000 after purchasing an additional 2,026 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Sally Beauty by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 324,906 shares of the specialty retailer’s stock worth $2,934,000 after purchasing an additional 31,040 shares in the last quarter. Finally, Hsbc Holdings PLC grew its position in Sally Beauty by 11.5% during the 2nd quarter. Hsbc Holdings PLC now owns 57,640 shares of the specialty retailer’s stock worth $530,000 after purchasing an additional 5,956 shares in the last quarter.

Sally Beauty Price Performance

Shares of Sally Beauty stock opened at $16.35 on Thursday. Sally Beauty has a 52 week low of $11.54 and a 52 week high of $17.92. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 0.92. The stock has a market cap of $1.53 billion, a PE ratio of 8.52 and a beta of 1.03. The company’s 50-day moving average price is $15.39 and its two-hundred day moving average price is $14.48.

Sally Beauty (NYSE:SBHGet Free Report) last posted its quarterly earnings data 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. Sally Beauty had a net margin of 5.16% and a return on equity of 24.36%. The company had revenue of $935.49 million during the quarter, compared to analyst estimates of $938.45 million. During the same quarter last year, the firm posted $0.51 EPS. The business’s revenue for the quarter was up .3% on a year-over-year basis. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. As a group, sell-side analysts anticipate that Sally Beauty will post 2.07 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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