Sally Beauty (NYSE:SBH) Rating Increased to Buy at Wall Street Zen

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

SBH has been the topic of several other research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. Jefferies Financial Group reiterated a “hold” rating and set a $16.00 price objective on shares of Sally Beauty in a research note on Wednesday, January 14th. Canaccord Genuity Group lifted their price objective on Sally Beauty from $19.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Morgan Stanley upped their target price on shares of Sally Beauty from $14.00 to $16.00 and gave the stock an “underweight” rating in a report on Tuesday, February 10th. Finally, TD Cowen increased their target price on shares of Sally Beauty from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Sally Beauty has an average rating of “Hold” and a consensus target price of $17.80.

Sally Beauty Trading Down 1.3%

Shares of Sally Beauty stock opened at $14.59 on Tuesday. Sally Beauty has a 1 year low of $7.54 and a 1 year high of $17.92. The company’s fifty day simple moving average is $15.62 and its 200-day simple moving average is $15.23. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 8.29 and a beta of 1.14. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 1.02.

Sally Beauty (NYSE:SBH) last issued its quarterly earnings results on Monday, February 9th. The specialty retailer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. The firm had revenue of $943.17 million during 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 business’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 EPS. 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 expect that Sally Beauty will post 1.81 EPS for the current 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 value of $92,689.00. Following the completion of the sale, the chief accounting officer owned 21,295 shares in the company, valued at approximately $334,544.45. This trade represents a 21.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.00% of the company’s stock.

Institutional Trading of Sally Beauty

Hedge funds have recently modified their holdings of the stock. Schroder Investment Management Group bought a new position in Sally Beauty in the 3rd quarter worth approximately $160,495,000. Wasatch Advisors LP acquired a new position in Sally Beauty during the 3rd quarter worth $74,842,000. Goldman Sachs Group Inc. boosted its position in Sally Beauty by 46.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,981,998 shares of the specialty retailer’s stock valued at $56,783,000 after buying an additional 1,254,125 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Sally Beauty by 2,768.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,220,160 shares of the specialty retailer’s stock valued at $11,299,000 after buying an additional 1,177,626 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in shares of Sally Beauty by 174.4% in the 3rd quarter. American Century Companies Inc. now owns 1,660,831 shares of the specialty retailer’s stock valued at $27,038,000 after buying an additional 1,055,669 shares during the period.

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.