Sally Beauty (NYSE:SBH) CFO Sells $543,191.70 in Stock

Sally Beauty Holdings, Inc. (NYSE:SBH) CFO Marlo Michelle Cormier Platz sold 42,771 shares of the firm’s 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 sale, the chief financial officer directly owned 138,145 shares in the company, valued at approximately $1,754,441.50. The trade was a 23.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Sally Beauty Stock Up 3.8%

SBH stock opened at $13.58 on Friday. The company has a current ratio of 2.34, a quick ratio of 0.55 and a debt-to-equity ratio of 0.98. Sally Beauty Holdings, Inc. has a twelve month low of $8.45 and a twelve month high of $17.92. The company’s 50 day moving average is $13.39 and its two-hundred day moving average is $14.62. The stock has a market cap of $1.30 billion, a P/E ratio of 7.50 and a beta of 1.04.

Sally Beauty (NYSE:SBH) last released its quarterly earnings data on Monday, May 11th. The specialty retailer reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Sally Beauty had a net margin of 4.93% and a return on equity of 24.95%. The company had revenue of $903.38 million for the quarter, compared to analysts’ expectations of $901.43 million. During the same quarter last year, the company earned $0.42 earnings per share. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. Research analysts expect that Sally Beauty Holdings, Inc. will post 2.06 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on SBH shares. Weiss Ratings raised shares of Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 4th. TD Cowen cut their price objective on shares of Sally Beauty from $20.00 to $17.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Wall Street Zen cut shares of Sally Beauty from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Morgan Stanley cut their price objective on shares of Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a report on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Sally Beauty currently has a consensus rating of “Hold” and a consensus price target of $17.00.

Hedge Funds Weigh In On Sally Beauty

A number of hedge funds have recently modified their holdings of the business. Mariner LLC grew its position in shares of Sally Beauty by 6.1% during the fourth quarter. Mariner LLC now owns 15,400 shares of the specialty retailer’s stock worth $220,000 after acquiring an additional 890 shares during the last quarter. Royce & Associates LP grew its position in shares of Sally Beauty by 8.3% during the third quarter. Royce & Associates LP now owns 13,217 shares of the specialty retailer’s stock worth $215,000 after acquiring an additional 1,017 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of Sally Beauty by 0.6% during the fourth quarter. Russell Investments Group Ltd. now owns 183,249 shares of the specialty retailer’s stock worth $2,613,000 after acquiring an additional 1,081 shares during the last quarter. B. Metzler seel. Sohn & Co. AG grew its position in shares of Sally Beauty by 1.7% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 89,257 shares of the specialty retailer’s stock worth $1,273,000 after acquiring an additional 1,477 shares during the last quarter. Finally, CWM LLC grew its position in shares of Sally Beauty by 11.3% during the fourth quarter. CWM LLC now owns 14,693 shares of the specialty retailer’s stock worth $210,000 after acquiring an additional 1,490 shares during the last quarter.

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.