Sally Beauty (NYSE:SBH – Get Free Report) had its price target increased by investment analysts at Canaccord Genuity Group from $20.00 to $25.00 in a report issued on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the specialty retailer’s stock. Canaccord Genuity Group‘s price objective would indicate a potential upside of 28.66% from the company’s current price.
Several other research firms have also weighed in on SBH. Morgan Stanley increased their target price on Sally Beauty from $13.00 to $19.00 and gave the company an “underweight” rating in a research note on Wednesday. Jefferies Financial Group set a $21.00 target price on Sally Beauty and gave the stock a “hold” rating in a research report on Wednesday. Wall Street Zen cut Sally Beauty from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings downgraded shares of Sally Beauty from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 30th. Finally, Raymond James Financial set a $18.00 price objective on shares of Sally Beauty and gave the stock an “outperform” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Sally Beauty presently has an average rating of “Moderate Buy” and an average target price of $20.40.
Check Out Our Latest Stock Report on SBH
Sally Beauty Trading Down 5.4%
Shares of NYSE:SBH traded down $1.11 during trading on Wednesday, hitting $19.43. 909,770 shares of the company’s stock were exchanged, compared to its average volume of 1,504,592. 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 firm has a market cap of $1.82 billion, a P/E ratio of 10.13 and a beta of 1.09. The firm has a 50-day moving average price of $16.88 and a two-hundred day moving average price of $15.18. Sally Beauty has a 1-year low of $11.54 and a 1-year high of $21.06.
Sally Beauty (NYSE:SBH – Get Free Report) last released its earnings results on Tuesday, November 10th. The specialty retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $952.53 million during the quarter, compared to analyst estimates of $950.12 million. Sally Beauty had a net margin of 5.16% and a return on equity of 24.36%. The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.55 EPS. Sally Beauty has set its Q1 2027 guidance at 0.480-0.520 EPS and its FY 2027 guidance at 2.200-2.300 EPS. Equities analysts predict that Sally Beauty will post 2.07 earnings per share for the current year.
Institutional Investors Weigh In On Sally Beauty
Several institutional investors have recently added to or reduced their stakes in SBH. BlackRock Inc. acquired a new stake in shares of Sally Beauty in the 2nd quarter valued at about $223,172,000. Bank of New York Mellon Corp bought a new stake in shares of Sally Beauty in the second quarter valued at about $9,347,000. Pacer Advisors Inc. acquired a new position in shares of Sally Beauty during the first quarter worth about $8,102,000. Empowered Funds LLC acquired a new position in shares of Sally Beauty during the second quarter worth about $7,264,000. Finally, Great Lakes Advisors LLC bought a new position in shares of Sally Beauty during the second quarter worth about $4,687,000.
Key Sally Beauty News
Here’s some of the latest news about SBH:
- Positive Sentiment: Fiscal Q4 adjusted earnings of $0.62 per share topped the $0.60 consensus, while revenue of $952.5 million also edged estimates. EPS rose from $0.55 a year earlier, and sales increased 0.6%. Sally Beauty Surpasses Q4 Earnings and Revenue Estimates
- Neutral Sentiment: Morgan Stanley lifted its price target to $19 from $13 but maintained an “underweight” rating, signaling limited upside at the referenced share price. Morgan Stanley Adjusts Sally Beauty Price Target
- Negative Sentiment: Near-term guidance may be weighing on sentiment: Q1 fiscal 2027 EPS guidance of $0.48–$0.52 puts the midpoint below the $0.52 consensus. Revenue growth in Q4 was also modest, underscoring continued pressure to accelerate sales. Sally Beauty Q4 Earnings and Sales
About Sally Beauty
Sally Beauty Holdings, Inc. is a specialty retailer and distributor of professional beauty products. It serves both individual consumers and salon professionals through retail stores, online channels and professional distribution. The company operates Sally Beauty, which sells products such as hair color and care items, styling tools, nail products and skincare. Its CosmoProf business supplies salons and other beauty professionals with products, equipment and related educational resources. Sally Beauty traces its roots to a beauty supply store opened in New Orleans in 1964.
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