Sally Beauty (NYSE:SBH) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Sally Beauty (NYSE:SBH) from a hold rating to a buy rating in a research note released on Sunday morning.

A number of other research firms also recently issued reports on SBH. TD Cowen lifted their price target on shares of Sally Beauty from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sally Beauty in a report on Friday, January 9th. Raymond James Financial raised Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price on the stock in a report on Wednesday, January 21st. Canaccord Genuity Group raised 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. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $16.00 price objective on shares of Sally Beauty in a research report on Wednesday, January 14th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Sally Beauty currently has a consensus rating of “Hold” and a consensus price target of $17.80.

Sally Beauty Trading Up 3.0%

NYSE:SBH opened at $16.19 on Friday. Sally Beauty has a 1 year low of $7.54 and a 1 year high of $17.92. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.57 and a current ratio of 2.37. The stock has a fifty day moving average price of $15.51 and a two-hundred day moving average price of $15.07. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of 9.20 and a beta of 1.16.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings results on Monday, February 9th. The specialty retailer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The business had revenue of $943.17 million for the quarter, compared to analysts’ expectations of $939.63 million. During the same period in the prior year, the company posted $0.43 EPS. The business’s revenue for the quarter was up .6% on a year-over-year basis. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. As a group, sell-side analysts anticipate that Sally Beauty will post 1.81 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Sally Beauty news, CAO Kim Mcintosh sold 5,900 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $15.71, for a total transaction of $92,689.00. Following the sale, the chief accounting officer directly owned 21,295 shares of the company’s stock, valued at $334,544.45. This trade represents a 21.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Scott C. Sherman sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $16.27, for a total transaction of $244,050.00. Following the completion of the transaction, the senior vice president directly owned 57,585 shares of the company’s stock, valued at approximately $936,907.95. This represents a 20.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.00% of the stock is owned by company insiders.

Institutional Trading of Sally Beauty

A number of hedge funds have recently bought and sold shares of SBH. Schroder Investment Management Group acquired a new position in Sally Beauty in the 3rd quarter valued at $160,495,000. Wasatch Advisors LP purchased a new stake in shares of Sally Beauty in the third quarter valued at $74,842,000. Goldman Sachs Group Inc. increased its stake in Sally Beauty by 46.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,981,998 shares of the specialty retailer’s stock valued at $56,783,000 after purchasing an additional 1,254,125 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Sally Beauty by 2,768.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,220,160 shares of the specialty retailer’s stock valued at $11,299,000 after purchasing an additional 1,177,626 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in Sally Beauty by 174.4% during the third quarter. American Century Companies Inc. now owns 1,660,831 shares of the specialty retailer’s stock worth $27,038,000 after buying an additional 1,055,669 shares during the period.

About Sally Beauty

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.