Sally Beauty (NYSE:SBH) CFO Sells $543,191.70 in Stock

Sally Beauty Holdings, Inc. (NYSE:SBH) CFO Marlo Michelle Cormier Platz sold 42,771 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $12.70, for a total value of $543,191.70. Following the completion of the sale, the chief financial officer owned 138,145 shares of the company’s stock, valued at $1,754,441.50. This trade represents a 23.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Sally Beauty Price Performance

Shares of SBH stock traded up $0.35 during trading hours on Tuesday, reaching $13.04. The company had a trading volume of 1,319,154 shares, compared to its average volume of 1,601,938. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.55 and a current ratio of 2.34. The stock has a fifty day moving average of $13.40 and a 200-day moving average of $14.65. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 7.21 and a beta of 1.04. Sally Beauty Holdings, Inc. has a 12-month low of $8.45 and a 12-month high of $17.92.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings results on Monday, May 11th. The specialty retailer reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $903.38 million during the quarter, compared to analyst estimates of $901.43 million. Sally Beauty had a return on equity of 24.95% and a net margin of 4.93%.The business’s revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.42 earnings per share. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. On average, equities analysts anticipate that Sally Beauty Holdings, Inc. will post 2.06 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SBH. Canaccord Genuity Group upped their price target on Sally Beauty from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. TD Cowen dropped their price target on Sally Beauty from $20.00 to $17.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Wall Street Zen lowered Sally Beauty from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Morgan Stanley lowered their price objective on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating for the company in a research report on Tuesday, May 12th. Finally, Weiss Ratings upgraded Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Sally Beauty has a consensus rating of “Hold” and a consensus target price of $17.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SBH. Schroder Investment Management Group acquired a new position in Sally Beauty during the third quarter worth $160,495,000. Dimensional Fund Advisors LP lifted its stake in Sally Beauty by 3.6% during the first quarter. Dimensional Fund Advisors LP now owns 5,871,979 shares of the specialty retailer’s stock worth $81,323,000 after purchasing an additional 202,020 shares in the last quarter. State Street Corp lifted its stake in Sally Beauty by 4.4% during the fourth quarter. State Street Corp now owns 4,606,736 shares of the specialty retailer’s stock worth $65,692,000 after purchasing an additional 192,560 shares in the last quarter. Wasatch Advisors LP acquired a new position in Sally Beauty during the third quarter worth $74,842,000. Finally, Goldman Sachs Group Inc. lifted its stake in Sally Beauty by 46.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 3,981,998 shares of the specialty retailer’s stock worth $56,783,000 after purchasing an additional 1,254,125 shares in the last quarter.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.