Sally Beauty (NYSE:SBH) Given New $25.00 Price Target at Canaccord Genuity Group

Sally Beauty (NYSE:SBH) had its price target hoisted by Canaccord Genuity Group from $20.00 to $25.00 in a research note released on Wednesday,Benzinga reports. The brokerage currently has a buy rating on the specialty retailer’s stock.

Several other analysts have also issued reports on the stock. Raymond James Financial set a $18.00 target price on shares of Sally Beauty and gave the company an “outperform” rating in a research report on Tuesday. TD Cowen began coverage on Sally Beauty in a research report on Friday, October 30th. They issued a “strong-buy” rating on the stock. Morgan Stanley lifted their target price on Sally Beauty from $13.00 to $19.00 and gave the company an “underweight” rating in a report on Wednesday. Wall Street Zen cut shares of Sally Beauty from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Jefferies Financial Group set a $21.00 price target on Sally Beauty and gave the company a “hold” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Sally Beauty has a consensus rating of “Moderate Buy” and a consensus price target of $20.40.

Sally Beauty Stock Performance

NYSE SBH opened at $19.27 on Wednesday. The stock has a 50-day simple moving average of $16.93 and a two-hundred day simple moving average of $15.20. The firm has a market capitalization of $1.80 billion, a P/E ratio of 9.49 and a beta of 1.09. Sally Beauty has a fifty-two week low of $11.54 and a fifty-two week high of $21.06. 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) last issued its earnings results on Tuesday, November 10th. The specialty retailer reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $952.53 million for the quarter, compared to the consensus estimate of $950.12 million. Sally Beauty had a return on equity of 24.07% and a net margin of 5.36%. The company’s revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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. On average, equities analysts forecast that Sally Beauty will post 2.24 earnings per share for the current year.

Institutional Investors Weigh In On Sally Beauty

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nykredit A S purchased a new position in shares of Sally Beauty during the second quarter worth approximately $28,000. Fortitude Family Office LLC raised its position in Sally Beauty by 508.1% in the 3rd quarter. Fortitude Family Office LLC now owns 1,727 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 1,443 shares during the last quarter. Global Retirement Partners LLC raised its position in Sally Beauty by 1,791.2% in the 3rd quarter. Global Retirement Partners LLC now owns 1,721 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 1,630 shares during the last quarter. KBC Group NV acquired a new stake in Sally Beauty during the 1st quarter worth $39,000. Finally, Simplex Trading LLC boosted its stake in Sally Beauty by 354.0% during the 3rd quarter. Simplex Trading LLC now owns 3,497 shares of the specialty retailer’s stock worth $57,000 after purchasing an additional 4,874 shares during the period.

Trending Headlines about Sally Beauty

Here are a few of the latest headlines about SBH:

• Positive Sentiment: Fiscal Q4 adjusted earnings were $0.62 per share, above the $0.60 consensus and up from $0.55 a year earlier. Revenue of $952.5 million also topped estimates, while sales growth, cost control and improved operating margins supported profitability. Sally Beauty Q4 Earnings Beat Estimates on Sales Growth & Cost Control
• Positive Sentiment: Full-year e-commerce sales grew 10%, and the Sally Ignited store format expanded to 80 locations, offering potential avenues for continued growth. Sally Beauty: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Fiscal 2027 EPS guidance of $2.20–$2.30 brackets the $2.24 consensus, and revenue guidance of $3.8 billion matches estimates. Q1 EPS guidance of $0.48–$0.52 includes the $0.52 consensus at its upper end; revenue guidance is broadly in line with expectations.

Sally Beauty Company Profile

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.