DA Davidson Cuts Sally Beauty (NYSE:SBH) Price Target to $10.50

Sally Beauty (NYSE:SBH) had its price target lowered by DA Davidson from $13.00 to $10.50 in a report published on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the specialty retailer’s stock. DA Davidson also issued estimates for Sally Beauty’s Q2 2025 earnings at $0.38 EPS, FY2025 earnings at $1.73 EPS and FY2026 earnings at $1.73 EPS.

Several other brokerages have also weighed in on SBH. StockNews.com lowered Sally Beauty from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. TD Cowen raised Sally Beauty from a “hold” rating to a “buy” rating and raised their price objective for the company from $14.00 to $16.00 in a research report on Monday, November 25th. Raymond James raised Sally Beauty from an “underperform” rating to a “market perform” rating in a research report on Friday, November 15th. Morgan Stanley cut their price objective on Sally Beauty from $12.00 to $10.00 and set an “underweight” rating on the stock in a research report on Tuesday, January 21st. Finally, Canaccord Genuity Group initiated coverage on Sally Beauty in a research report on Thursday, January 16th. They issued a “buy” rating and a $14.00 price objective on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $12.70.

Sally Beauty Trading Down 1.7 %

Shares of SBH opened at $9.32 on Tuesday. The company has a current ratio of 2.27, a quick ratio of 0.44 and a debt-to-equity ratio of 1.43. The firm has a market capitalization of $949.66 million, a P/E ratio of 5.58 and a beta of 1.55. The stock’s fifty day simple moving average is $10.77 and its 200 day simple moving average is $12.10. Sally Beauty has a twelve month low of $9.03 and a twelve month high of $14.79.

Sally Beauty (NYSE:SBH) last issued its earnings results on Thursday, February 13th. The specialty retailer reported $0.43 earnings per share for the quarter, hitting the consensus estimate of $0.43. The business had revenue of $937.90 million for the quarter, compared to analyst estimates of $941.44 million. Sally Beauty had a return on equity of 30.35% and a net margin of 4.73%. On average, equities research analysts forecast that Sally Beauty will post 1.83 earnings per share for the current year.

Insider Activity

In other news, CAO Kim Mcintosh sold 4,300 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $14.53, for a total transaction of $62,479.00. Following the completion of the sale, the chief accounting officer now directly owns 16,685 shares in the company, valued at $242,433.05. This trade represents a 20.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Scott C. Sherman sold 13,500 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $14.49, for a total value of $195,615.00. Following the sale, the insider now owns 42,431 shares of the company’s stock, valued at $614,825.19. This represents a 24.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.56% of the company’s stock.

Institutional Trading of Sally Beauty

Several large investors have recently modified their holdings of the business. Federated Hermes Inc. grew its stake in Sally Beauty by 119.1% in the fourth quarter. Federated Hermes Inc. now owns 3,702 shares of the specialty retailer’s stock worth $39,000 after purchasing an additional 2,012 shares in the last quarter. Quarry LP grew its stake in Sally Beauty by 369.3% in the third quarter. Quarry LP now owns 2,980 shares of the specialty retailer’s stock worth $40,000 after purchasing an additional 2,345 shares in the last quarter. R Squared Ltd acquired a new position in Sally Beauty in the fourth quarter worth about $56,000. KBC Group NV grew its stake in Sally Beauty by 89.0% in the fourth quarter. KBC Group NV now owns 5,871 shares of the specialty retailer’s stock worth $61,000 after purchasing an additional 2,764 shares in the last quarter. Finally, Point72 DIFC Ltd acquired a new position in Sally Beauty in the third quarter worth about $64,000.

About Sally Beauty

Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.