Sally Beauty (NYSE:SBH) Price Target Raised to $18.00

Sally Beauty (NYSE:SBH) had its target price hoisted by TD Cowen from $17.00 to $18.00 in a report released on Wednesday, Marketbeat reports. The firm currently has a buy rating on the specialty retailer’s stock.

A number of other research firms also recently issued reports on SBH. Morgan Stanley reissued an “underweight” rating and issued a $14.00 price target on shares of Sally Beauty in a research note on Thursday, January 15th. Raymond James Financial upgraded shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price for the company in a report on Wednesday. Zacks Research lowered Sally Beauty from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Sally Beauty in a research report on Friday, January 9th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $16.00 price objective on shares of Sally Beauty in a report on Wednesday, January 14th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Sally Beauty has a consensus rating of “Hold” and an average target price of $16.08.

Sally Beauty Price Performance

SBH stock opened at $15.38 on Wednesday. Sally Beauty has a 52-week low of $7.54 and a 52-week high of $17.92. The company has a quick ratio of 0.54, a current ratio of 2.26 and a debt-to-equity ratio of 1.09. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 8.13 and a beta of 1.12. The business has a fifty day moving average of $15.30 and a two-hundred day moving average of $14.15.

Sally Beauty (NYSE:SBH) last released its quarterly earnings results on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.06. The business had revenue of $947.08 million during the quarter, compared to analysts’ expectations 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 was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business 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, research analysts anticipate that Sally Beauty will post 1.81 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Kim Mcintosh sold 5,900 shares of the company’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $15.71, for a total transaction of $92,689.00. Following the sale, the chief accounting officer owned 21,295 shares of the company’s stock, valued at approximately $334,544.45. This represents a 21.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Scott C. Sherman sold 15,000 shares of Sally Beauty stock in a transaction on Monday, December 1st. The shares were sold at an average price of $16.27, for a total value of $244,050.00. Following the completion of the transaction, the senior vice president owned 57,585 shares of the company’s stock, valued at approximately $936,907.95. This trade represents a 20.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sally Beauty

A number of institutional investors and hedge funds have recently made changes to their positions in SBH. Schroder Investment Management Group acquired a new position in Sally Beauty in the third quarter valued at $160,495,000. Dimensional Fund Advisors LP increased its stake in Sally Beauty by 1.8% during the third quarter. Dimensional Fund Advisors LP now owns 5,547,324 shares of the specialty retailer’s stock worth $90,311,000 after acquiring an additional 100,091 shares during the last quarter. Wasatch Advisors LP purchased a new position in shares of Sally Beauty in the 3rd quarter worth about $74,842,000. LSV Asset Management lifted its stake in shares of Sally Beauty by 7.5% in the 3rd quarter. LSV Asset Management now owns 3,359,340 shares of the specialty retailer’s stock valued at $54,690,000 after purchasing an additional 234,019 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Sally Beauty by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 2,555,955 shares of the specialty retailer’s stock worth $23,671,000 after purchasing an additional 34,328 shares during the period.

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.