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

Sally Beauty (NYSE:SBH) had its price objective cut by equities researchers at DA Davidson from $13.00 to $10.50 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the specialty retailer’s stock. DA Davidson’s price target would suggest a potential upside of 11.05% from the stock’s current price. DA Davidson also issued estimates for Sally Beauty’s Q2 2025 earnings at $0.38 EPS.

A number of other research firms also recently commented on SBH. Canaccord Genuity Group assumed coverage on shares of Sally Beauty in a research report on Thursday, January 16th. They issued a “buy” rating and a $14.00 target price for the company. Raymond James upgraded Sally Beauty from an “underperform” rating to a “market perform” rating in a research report on Friday, November 15th. Morgan Stanley dropped their target price 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. StockNews.com lowered shares of Sally Beauty from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Finally, TD Cowen raised shares of Sally Beauty from a “hold” rating to a “buy” rating and raised their price objective for the stock from $14.00 to $16.00 in a report on Monday, November 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $12.70.

Sally Beauty Stock Up 1.0 %

SBH stock opened at $9.46 on Tuesday. The stock has a market capitalization of $963.94 million, a P/E ratio of 5.66 and a beta of 1.55. The company has a debt-to-equity ratio of 1.43, a current ratio of 2.27 and a quick ratio of 0.44. Sally Beauty has a 1-year low of $9.03 and a 1-year high of $14.79. The business has a fifty day moving average price of $10.84 and a 200-day moving average price of $12.11.

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 analysts’ consensus estimates of $0.43. The business had revenue of $937.90 million during 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%. Equities analysts forecast that Sally Beauty will post 1.83 earnings per share for the current fiscal year.

Insider Transactions at Sally Beauty

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. PharVision Advisers LLC bought a new stake in shares of Sally Beauty during the fourth quarter valued at approximately $523,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Sally Beauty by 19.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 293,866 shares of the specialty retailer’s stock worth $3,071,000 after purchasing an additional 47,246 shares in the last quarter. Voloridge Investment Management LLC boosted its holdings in shares of Sally Beauty by 33.4% during the 4th quarter. Voloridge Investment Management LLC now owns 926,701 shares of the specialty retailer’s stock valued at $9,684,000 after purchasing an additional 232,253 shares during the last quarter. Woodline Partners LP grew its position in shares of Sally Beauty by 9.9% during the fourth quarter. Woodline Partners LP now owns 524,463 shares of the specialty retailer’s stock valued at $5,481,000 after purchasing an additional 47,145 shares in the last quarter. Finally, Vident Advisory LLC increased its holdings in shares of Sally Beauty by 9.6% in the fourth quarter. Vident Advisory LLC now owns 39,922 shares of the specialty retailer’s stock worth $417,000 after purchasing an additional 3,505 shares during the last quarter.

Sally Beauty Company Profile

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.