DA Davidson Issues Pessimistic Forecast for Sally Beauty (NYSE:SBH) Stock Price

Sally Beauty (NYSE:SBH - Free Report) had its price target trimmed by DA Davidson from $13.00 to $10.50 in a research note released on Tuesday,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.

A number of other research firms also recently weighed in on SBH. Canaccord Genuity Group initiated coverage on shares of Sally Beauty in a research note on Thursday, January 16th. They issued a "buy" rating and a $14.00 price target on the stock. Morgan Stanley dropped their price target on shares of Sally Beauty from $12.00 to $10.00 and set an "underweight" rating on the stock in a research note on Tuesday, January 21st. StockNews.com downgraded shares of Sally Beauty from a "buy" rating to a "hold" rating in a research note on Tuesday, February 11th. TD Cowen upgraded shares of Sally Beauty from a "hold" rating to a "buy" rating and upped their price objective for the stock from $14.00 to $16.00 in a report on Monday, November 25th. Finally, Raymond James upgraded shares of Sally Beauty from an "underperform" rating to a "market perform" rating in a report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $12.70.

Sally Beauty Stock Down 4.1 %

NYSE:SBH traded down $0.39 during trading hours on Tuesday, hitting $8.94. 2,773,088 shares of the stock traded hands, compared to its average volume of 2,459,176. The firm has a 50 day moving average price of $10.70 and a 200 day moving average price of $12.09. The company has a current ratio of 2.27, a quick ratio of 0.44 and a debt-to-equity ratio of 1.43. Sally Beauty has a fifty-two week low of $8.88 and a fifty-two week high of $14.79. The firm has a market cap of $910.96 million, a price-to-earnings ratio of 5.35 and a beta of 1.55.

Sally Beauty (NYSE:SBH - Get Free Report) last posted its quarterly 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. Sally Beauty had a net margin of 4.73% and a return on equity of 30.35%. The business had revenue of $937.90 million for the quarter, compared to the consensus estimate of $941.44 million. Equities research analysts anticipate that Sally Beauty will post 1.81 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Scott C. Sherman sold 13,500 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $14.49, for a total transaction of $195,615.00. Following the completion of the transaction, the insider now owns 42,431 shares of the company's stock, valued at approximately $614,825.19. This represents a 24.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Kim Mcintosh sold 4,300 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $14.53, for a total transaction of $62,479.00. Following 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. 1.56% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Sally Beauty in the third quarter worth about $771,000. Barclays PLC raised its position in Sally Beauty by 36.6% in the third quarter. Barclays PLC now owns 212,159 shares of the specialty retailer's stock worth $2,878,000 after purchasing an additional 56,879 shares in the last quarter. FMR LLC raised its position in Sally Beauty by 2.6% in the third quarter. FMR LLC now owns 15,396,347 shares of the specialty retailer's stock worth $208,928,000 after purchasing an additional 387,736 shares in the last quarter. JPMorgan Chase & Co. raised its position in Sally Beauty by 306.7% in the third quarter. JPMorgan Chase & Co. now owns 341,465 shares of the specialty retailer's stock worth $4,634,000 after purchasing an additional 257,510 shares in the last quarter. Finally, Jennison Associates LLC acquired a new position in Sally Beauty in the fourth quarter worth about $553,000.

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.