Key Points
- SVP John Howard Goss Jr. sold 50,000 Sally Beauty shares at an average price of $20, totaling $1 million. He retained 65,484 shares after the sale, a 43.3% reduction in his holdings.
- Sally Beauty reported quarterly EPS of $0.62, beating the $0.60 consensus, while revenue rose 0.6% year over year to about $952.5 million. The company forecast FY2027 EPS of $2.20–$2.30.
- Analysts’ consensus rating is Moderate Buy, with an average price target of $20.40.
Sally Beauty Holdings, Inc. (NYSE:SBH - Get Free Report) SVP John Howard Goss, Jr. sold 50,000 shares of the company's stock in a transaction on Tuesday, November 10th. The stock was sold at an average price of $20.00, for a total value of $1,000,000.00. Following the completion of the sale, the senior vice president directly owned 65,484 shares in the company, valued at approximately $1,309,680. The trade was a 43.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Sally Beauty Price Performance
SBH opened at $18.43 on Friday. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 0.88. The company has a market cap of $1.67 billion, a price-to-earnings ratio of 9.08 and a beta of 1.09. The stock has a fifty day simple moving average of $16.97 and a two-hundred day simple moving average of $15.22. Sally Beauty Holdings, Inc. has a 12-month low of $11.54 and a 12-month 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 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.02. Sally Beauty had a net margin of 5.36% and a return on equity of 24.07%. The firm had revenue of $952.53 million for the quarter, compared to the consensus estimate of $950.12 million. During the same period in the prior year, the firm earned $0.55 EPS. The company's revenue was up .6% compared to the same quarter last year. 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. Research analysts predict that Sally Beauty Holdings, Inc. will post 2.24 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts recently weighed in on SBH shares. Wall Street Zen downgraded shares of Sally Beauty from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Morgan Stanley lifted their target price on Sally Beauty from $13.00 to $19.00 and gave the stock an "underweight" rating in a report on Wednesday. Jefferies Financial Group set a $21.00 price target on Sally Beauty and gave the stock a "hold" rating in a research note on Wednesday. Raymond James Financial set a $18.00 price target on Sally Beauty and gave the company an "outperform" rating in a report on Tuesday. Finally, TD Cowen assumed coverage on Sally Beauty in a research report on Friday, October 30th. They set a "strong-buy" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $20.40.
View Our Latest Report on Sally Beauty
Institutional Investors Weigh In On Sally Beauty
A number of large investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC raised its stake in Sally Beauty by 1,791.2% during the 3rd quarter. Global Retirement Partners LLC now owns 1,721 shares of the specialty retailer's stock valued at $28,000 after buying an additional 1,630 shares during the last quarter. Fortitude Family Office LLC lifted its holdings in shares of Sally Beauty by 508.1% during the 3rd quarter. Fortitude Family Office LLC now owns 1,727 shares of the specialty retailer's stock valued at $28,000 after buying an additional 1,443 shares during the period. Nykredit A S purchased a new position in shares of Sally Beauty in the 2nd quarter worth $28,000. KBC Group NV purchased a new position in shares of Sally Beauty in the 1st quarter worth $39,000. Finally, Simplex Trading LLC boosted its stake in shares of Sally Beauty by 354.0% in the 3rd quarter. Simplex Trading LLC now owns 3,497 shares of the specialty retailer's stock worth $57,000 after buying an additional 4,874 shares during the last quarter.
Recent Sally Beauty Headlines
These are some of the SBH headlines that stood out recently:
About Sally Beauty
(
Get Free Report)
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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