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

Sally Beauty (NYSE:SBH) had its price target boosted by equities researchers at TD Cowen from $17.00 to $18.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the specialty retailer’s stock. TD Cowen’s price objective would suggest a potential upside of 10.63% from the stock’s previous close.

Several other equities analysts have also issued reports on SBH. Cowen reissued a “buy” rating on shares of Sally Beauty in a report on Wednesday. Morgan Stanley reissued an “underweight” rating and issued a $14.00 target price on shares of Sally Beauty in a research note on Thursday, January 15th. Raymond James Financial upgraded Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 price target for the company in a report on Wednesday. Weiss Ratings reaffirmed 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 research report on Wednesday, January 14th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $16.08.

Sally Beauty Stock Performance

Shares of SBH traded up $0.22 during trading hours on Wednesday, reaching $16.27. 990,385 shares of the company traded hands, compared to its average volume of 1,605,054. Sally Beauty has a 1-year low of $7.54 and a 1-year high of $17.92. The stock has a market cap of $1.59 billion, a P/E ratio of 8.61 and a beta of 1.12. The stock’s fifty day moving average is $15.22 and its 200 day moving average is $14.08. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.54 and a current ratio of 2.26.

Sally Beauty (NYSE:SBH) last announced its quarterly earnings results on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.06. Sally Beauty had a net margin of 5.29% and a return on equity of 27.07%. The firm had revenue of $947.08 million for the quarter, compared to analyst estimates of $932.88 million. During the same quarter in the previous year, the firm posted $0.50 EPS. The business’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. Equities research analysts anticipate that Sally Beauty will post 1.81 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Scott C. Sherman sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $16.27, for a total transaction of $244,050.00. Following the completion of the transaction, the senior vice president directly owned 57,585 shares of the company’s stock, valued at $936,907.95. The trade was a 20.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Kim Mcintosh sold 5,900 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief accounting officer owned 21,295 shares in the company, valued at $334,544.45. This represents a 21.70% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. grew its holdings in Sally Beauty by 1,365.0% during 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 in the last quarter. Larson Financial Group LLC grew its holdings in shares of 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 purchasing an additional 1,519 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Sally Beauty in the second quarter worth $34,000. iSAM Funds UK Ltd bought a new stake in Sally Beauty in the third quarter worth $35,000. Finally, Jefferies Financial Group Inc. purchased a new stake in Sally Beauty during the second quarter valued at $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.