Sally Beauty Holdings (SBH)

• Market cap: $911M
• 1 day: -4.08%
• 5 days: -5.89%
• 1 month: -20.53%
• 3 months: -31.07%
• 6 months: -32.68%
• Year to date: -16.29%
• 1 year: -33.53%
• 5 years: -31.86%
• 10 years: -73.05%
• Sector: Consumer Discretionary
• Industry: Retail Stores

About: Sally Beauty Holdings Inc is a professional beauty-products retailer based in the United States. Sally Beauty operates throughout the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Mexico, Peru, France, Ireland, Spain, Germany, and the Netherlands. The company operates through two business segments: Sally Beauty Supply and Beauty Systems Group. Product offerings include hair color and care, hair dryers and hair-styling appliances, nail care, skin care, and others.

Employees: 27,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

59% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 64

19% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 32

1% more funds holding

Funds holding: 240 [Q3] → 242 (+2) [Q4]

0.73% more ownership

Funds ownership: 107.57% [Q3] → 108.29% (+0.73%) [Q4]

21% less call options, than puts

Call options by funds: $844K | Put options by funds: $1.07M

23% less capital invested

Capital invested by funds: $1.5B [Q3] → $1.16B (-$338M) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $10 12% upside
• Avg. target: $12.63 41% upside
• High target: $16 79% upside

4 analyst ratings

• positive: 2 50%
• neutral: 1 25%
• negative: 1 25%

DA Davidson Linda Bolton Weiser 30% 1-year accuracy 34 / 112 met price target	17% upside $10.50	Neutral Maintained	18 Feb 2025
Morgan Stanley Simeon Gutman 58% 1-year accuracy 22 / 38 met price target	12% upside $10	Underweight Maintained	21 Jan 2025
Canaccord Genuity Susan Anderson 24% 1-year accuracy 8 / 33 met price target	57% upside $14	Buy Initiated	16 Jan 2025
TD Cowen Oliver Chen 47% 1-year accuracy 14 / 30 met price target	79% upside $16	Buy Upgraded	25 Nov 2024