Key Points
- SVP Scott Sherman sold 15,500 Sally Beauty shares at an average $18.80, worth $291,400, reducing his direct stake by 26.92% to 42,085 shares.
- Sally Beauty reported quarterly EPS of $0.62, topping the $0.60 estimate, while revenue of about $952.5 million also exceeded forecasts and rose 0.6% year over year.
- Analyst views remain mixed: the stock has a consensus Hold rating and an average price target of $21.17; recent target changes ranged from $19 to $25.
Sally Beauty Holdings, Inc. (NYSE:SBH - Get Free Report) SVP Scott Sherman sold 15,500 shares of Sally Beauty stock in a transaction that occurred on Thursday, November 12th. The stock was sold at an average price of $18.80, for a total value of $291,400.00. Following the transaction, the senior vice president directly owned 42,085 shares in the company, valued at approximately $791,198. This trade represents a 26.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Sally Beauty Stock Performance
NYSE SBH traded up $0.55 on Friday, reaching $18.96. The stock had a trading volume of 1,339,558 shares, compared to its average volume of 1,508,683. The stock has a market cap of $1.72 billion, a P/E ratio of 9.34 and a beta of 1.09. Sally Beauty Holdings, Inc. has a 12-month low of $11.54 and a 12-month high of $21.06. The business's 50-day moving average price is $17.02 and its 200 day moving average price is $15.24. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.57 and a current ratio of 2.37.
Sally Beauty (NYSE:SBH - Get Free Report) last announced its earnings results on Tuesday, November 10th. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.02. The business had revenue of $952.53 million for the quarter, compared to analyst estimates of $950.12 million. Sally Beauty had a net margin of 5.36% and a return on equity of 24.07%. The company's revenue for the quarter was up .6% compared to the same quarter last year. During the same period last year, the firm posted $0.55 earnings per share. 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. As a group, equities analysts expect that Sally Beauty Holdings, Inc. will post 2.25 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on the stock. Morgan Stanley increased their price target on shares of Sally Beauty from $13.00 to $19.00 and gave the stock an "underweight" rating in a research note on Wednesday. Canaccord Genuity Group lifted their price objective on shares of Sally Beauty from $20.00 to $25.00 and gave the company a "buy" rating in a research note on Wednesday. Weiss Ratings cut shares of Sally Beauty from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, October 30th. Raymond James Financial set a $18.00 target price on shares of Sally Beauty and gave the company an "outperform" rating in a report on Tuesday. Finally, TD Cowen increased their target price on shares of Sally Beauty from $19.00 to $22.00 and gave the stock a "buy" rating in a research note on Friday. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $21.17.
Get Our Latest Research Report on SBH
Latest Sally Beauty News
Investors following SBH have been watching these news items:
- Positive Sentiment: Recent fiscal fourth-quarter results beat expectations: EPS was $0.62 versus a $0.60 consensus, and revenue of about $953 million was slightly ahead of estimates and up 0.6% year over year. The company also highlighted strong cash flow and margins. Q4 2026 earnings call highlights
- Neutral Sentiment: Morgan Stanley raised its price target from $13 to $19 but kept an Underweight rating, suggesting the improved target is tempered by a cautious view. Jefferies set a $21 target with a Hold rating. Morgan Stanley price target update
- Negative Sentiment: After reaching a 52-week high following its earnings report, SBH experienced profit-taking, which may limit near-term momentum. Profit-taking in Sally Beauty shares
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Versant Capital Management Inc raised its stake in Sally Beauty by 27.2% during the 2nd quarter. Versant Capital Management Inc now owns 5,096 shares of the specialty retailer's stock valued at $72,000 after acquiring an additional 1,089 shares in the last quarter. Fortitude Family Office LLC grew its stake in shares of Sally Beauty by 508.1% in the third quarter. Fortitude Family Office LLC now owns 1,727 shares of the specialty retailer's stock worth $28,000 after purchasing an additional 1,443 shares in the last quarter. Global Retirement Partners LLC grew its stake in shares of Sally Beauty by 1,791.2% in the third quarter. Global Retirement Partners LLC now owns 1,721 shares of the specialty retailer's stock worth $28,000 after purchasing an additional 1,630 shares in the last quarter. Nykredit A S bought a new position in shares of Sally Beauty in the second quarter worth $28,000. Finally, Pinnacle Wealth Planning Services Inc. increased its holdings in shares of Sally Beauty by 40.1% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 7,739 shares of the specialty retailer's stock valued at $127,000 after purchasing an additional 2,214 shares during the period.
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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