Sally Beauty (NYSE:SBH) Stock Rating Lowered by Wall Street Zen

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

SBH has been the subject of several other research reports. TD Cowen boosted their price objective on shares of Sally Beauty from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings upgraded shares of Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 28th. Finally, Morgan Stanley reduced their price target on shares of Sally Beauty from $16.00 to $13.00 and set an “underweight” rating for the company in a research report on Tuesday, May 12th. Three equities 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 company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $17.40.

Sally Beauty Trading Down 0.2%

SBH opened at $16.80 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.57 and a current ratio of 2.37. Sally Beauty has a one year low of $11.54 and a one year high of $17.92. The company has a market cap of $1.57 billion, a P/E ratio of 8.75 and a beta of 1.03. The business’s 50-day simple moving average is $14.28 and its 200-day simple moving average is $14.42.

Sally Beauty (NYSE:SBH) last posted its earnings results on Monday, August 3rd. The specialty retailer reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.02. The firm had revenue of $935.49 million during the quarter, compared to analysts’ expectations of $938.45 million. Sally Beauty had a return on equity of 24.36% and a net margin of 5.16%.The firm’s revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.51 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. As a group, equities research analysts expect that Sally Beauty will post 2.07 EPS for the current fiscal year.

Insider Buying and Selling at Sally Beauty

In other news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $12.70, for a total transaction of $543,191.70. Following the transaction, the chief financial officer directly owned 138,145 shares in the company, valued at approximately $1,754,441.50. This trade represents a 23.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.00% of the company’s stock.

Institutional Trading of Sally Beauty

Several institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its stake in Sally Beauty by 150,390.9% in the first quarter. Royal Bank of Canada now owns 33,108 shares of the specialty retailer’s stock valued at $299,000 after purchasing an additional 33,086 shares during the period. AQR Capital Management LLC boosted its stake in shares of Sally Beauty by 53.7% during the first quarter. AQR Capital Management LLC now owns 476,966 shares of the specialty retailer’s stock worth $4,188,000 after buying an additional 166,637 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Sally Beauty by 3.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer’s stock worth $547,000 after buying an additional 2,026 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Sally Beauty by 10.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 324,906 shares of the specialty retailer’s stock worth $2,934,000 after buying an additional 31,040 shares during the last quarter. Finally, Hsbc Holdings PLC grew its holdings in shares of Sally Beauty by 11.5% during the second quarter. Hsbc Holdings PLC now owns 57,640 shares of the specialty retailer’s stock worth $530,000 after buying an additional 5,956 shares during the last quarter.

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.