Sally Beauty (NYSE:SBH) Upgraded by Wall Street Zen to Buy Rating

Sally Beauty (NYSE:SBH) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Sunday.

Other equities research analysts have also issued reports about the company. Canaccord Genuity Group boosted their price objective on Sally Beauty from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Morgan Stanley boosted their price target on Sally Beauty from $14.00 to $16.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Sally Beauty in a report on Friday, January 9th. Raymond James Financial raised shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price for the company in a report on Wednesday, January 21st. Finally, TD Cowen increased their target price 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. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $17.80.

Sally Beauty Price Performance

Sally Beauty stock opened at $15.84 on Friday. The stock has a market capitalization of $1.54 billion, a P/E ratio of 9.00 and a beta of 1.16. The company’s fifty day moving average price is $15.47 and its 200 day moving average price is $14.99. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.57 and a current ratio of 2.37. Sally Beauty has a 1 year low of $7.54 and a 1 year high of $17.92.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings data on Monday, February 9th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. The business had revenue of $943.17 million for the quarter, compared to the consensus estimate of $939.63 million. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The company’s revenue was up .6% compared to the same quarter last year. During the same period last year, the firm posted $0.43 earnings per share. 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, equities research analysts anticipate that Sally Beauty will post 1.81 earnings per share for the current fiscal year.

Insider Activity at Sally Beauty

In related news, SVP Scott C. Sherman sold 15,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $16.27, for a total value of $244,050.00. Following the completion of the transaction, the senior vice president directly owned 57,585 shares in the company, valued at approximately $936,907.95. This represents a 20.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Kim Mcintosh sold 5,900 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $15.71, for a total value of $92,689.00. Following the sale, the chief accounting officer directly owned 21,295 shares of the company’s stock, valued at approximately $334,544.45. This trade represents a 21.70% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Sally Beauty

A number of hedge funds have recently modified their holdings of SBH. Hillsdale Investment Management Inc. grew its stake in Sally Beauty by 52.9% during the 2nd quarter. Hillsdale Investment Management Inc. now owns 482,576 shares of the specialty retailer’s stock worth $4,469,000 after purchasing an additional 166,900 shares in the last quarter. Bryce Point Capital LLC purchased a new position in shares of Sally Beauty in the 3rd quarter valued at about $570,000. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Sally Beauty by 43.9% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 277,926 shares of the specialty retailer’s stock worth $4,525,000 after buying an additional 84,763 shares in the last quarter. Teacher Retirement System of Texas grew its position in shares of Sally Beauty by 58.7% during the third quarter. Teacher Retirement System of Texas now owns 578,570 shares of the specialty retailer’s stock worth $9,419,000 after buying an additional 214,066 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Sally Beauty during the second quarter worth approximately $515,000.

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.