Sally Beauty Holdings, Inc. (NYSE:SBH – Get Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $17.92 and last traded at $17.18, with a volume of 416907 shares traded. The stock had previously closed at $16.05.
Wall Street Analyst Weigh In
A number of analysts have issued reports on SBH shares. Cowen reiterated a “buy” rating on shares of Sally Beauty in a research note on Wednesday. Wall Street Zen raised shares of Sally Beauty from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. Zacks Research downgraded 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 Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price on the stock in a report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sally Beauty in a research report on Friday, January 9th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $15.75.
Check Out Our Latest Analysis on SBH
Sally Beauty Stock Up 5.7%
Sally Beauty (NYSE:SBH – Get Free Report) last issued its quarterly earnings results on Thursday, November 13th. The specialty retailer reported $0.55 EPS for the quarter, topping the consensus estimate of $0.49 by $0.06. Sally Beauty had a return on equity of 27.07% and a net margin of 5.29%.The company had revenue of $947.08 million for the quarter, compared to the consensus estimate of $932.88 million. During the same period in the previous year, the business posted $0.50 EPS. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. 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 predict that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current fiscal year.
Insider Buying and Selling at Sally Beauty
In other news, SVP Scott C. Sherman sold 15,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $16.27, for a total transaction of $244,050.00. Following the transaction, the senior vice president 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 document filed with the SEC, which can be accessed through the SEC website. Also, CAO Kim Mcintosh sold 5,900 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $15.71, for a total transaction of $92,689.00. Following the completion of the sale, the chief accounting officer owned 21,295 shares of the company’s stock, valued at approximately $334,544.45. The trade was a 21.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 2.00% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. increased its holdings in Sally Beauty by 1,365.0% in the 2nd 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 period. Larson Financial Group LLC increased its stake in Sally Beauty by 392.5% in the third 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 period. Raymond James Financial Inc. bought a new stake in Sally Beauty in the second quarter valued at about $34,000. iSAM Funds UK Ltd acquired a new position in Sally Beauty in the third quarter worth about $35,000. Finally, Jefferies Financial Group Inc. bought a new position in Sally Beauty during the second quarter worth about $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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