Sally Beauty (NYSE:SBH) Upgraded to “Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Sally Beauty (NYSE:SBH) from a hold rating to a buy rating in a report released on Tuesday.

Several other brokerages have also issued reports on SBH. TD Cowen boosted 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. Canaccord Genuity Group increased their price target on shares of Sally Beauty from $19.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Morgan Stanley lifted their price target on shares of Sally Beauty from $14.00 to $16.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sally Beauty in a research report on Friday, January 9th. Finally, Jefferies Financial Group restated a “hold” rating and issued a $16.00 price objective on shares of Sally Beauty in a research note on Wednesday, January 14th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.80.

Sally Beauty Stock Up 2.8%

SBH stock opened at $15.00 on Tuesday. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 8.53 and a beta of 1.14. 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 business’s 50-day moving average is $15.63 and its two-hundred day moving average is $15.24. Sally Beauty has a fifty-two week low of $7.54 and a fifty-two week high of $17.92.

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

Insider Transactions at Sally Beauty

In other Sally Beauty news, CAO Kim Mcintosh sold 5,900 shares of the firm’s stock in a transaction that occurred on 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 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 Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.00% of the company’s stock.

Institutional Trading of Sally Beauty

A number of hedge funds and other institutional investors have recently modified their holdings of SBH. Schroder Investment Management Group purchased a new position in shares of Sally Beauty during the 3rd quarter valued at $160,495,000. Dimensional Fund Advisors LP increased its stake in Sally Beauty by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,669,959 shares of the specialty retailer’s stock worth $80,855,000 after buying an additional 122,635 shares in the last quarter. State Street Corp increased its stake in Sally Beauty by 4.4% in the 4th quarter. State Street Corp now owns 4,606,736 shares of the specialty retailer’s stock worth $65,692,000 after buying an additional 192,560 shares in the last quarter. Wasatch Advisors LP bought a new stake in Sally Beauty during the third quarter valued at about $74,842,000. Finally, Goldman Sachs Group Inc. raised its holdings 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 valued at $56,783,000 after acquiring an additional 1,254,125 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.