Sally Beauty (NYSE:SBH) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen lowered shares of Sally Beauty (NYSE:SBH) from a buy rating to a hold rating in a report issued on Saturday morning.

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

Sally Beauty Stock Performance

Shares of SBH stock opened at $16.80 on Friday. Sally Beauty has a 12-month low of $11.54 and a 12-month high of $17.92. The business’s fifty day simple moving average is $14.28 and its 200-day simple moving average is $14.42. The company has a current ratio of 2.37, a quick ratio of 0.55 and a debt-to-equity ratio of 0.92. The company has a market cap of $1.57 billion, a PE ratio of 8.75 and a beta of 1.03.

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

Insider Activity

In related news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $12.70, for a total value of $543,191.70. Following the completion of the transaction, the chief financial officer owned 138,145 shares in the company, valued at $1,754,441.50. This trade represents a 23.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.00% of the stock is currently owned by insiders.

Institutional Trading of Sally Beauty

Large investors have recently added to or reduced their stakes in the company. Foster & Motley Inc. purchased a new position in shares of Sally Beauty in the second quarter worth about $374,000. BlackRock Inc. acquired a new stake in shares of Sally Beauty during the second quarter worth about $223,172,000. Deutsche Bank AG purchased a new stake in Sally Beauty in the second quarter valued at approximately $1,440,000. Bank of New York Mellon Corp purchased a new stake in Sally Beauty in the second quarter valued at approximately $9,347,000. Finally, State of Wyoming acquired a new position in Sally Beauty in the 2nd quarter worth approximately $478,000.

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.