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

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

A number of other research firms have also recently commented on SBH. TD Cowen lifted their price objective 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. Canaccord Genuity Group lifted their target price on shares of Sally Beauty from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Morgan Stanley increased their price target on shares of Sally Beauty from $14.00 to $16.00 and gave the company an “underweight” rating in a report on Tuesday, February 10th. Jefferies Financial Group restated a “hold” rating and set a $16.00 price objective on shares of Sally Beauty in a research report on Wednesday, January 14th. Finally, Raymond James Financial raised Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price on the stock in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Sally Beauty currently has a consensus rating of “Hold” and an average price target of $17.80.

Get Our Latest Stock Analysis on SBH

Sally Beauty Stock Up 0.9%

Sally Beauty stock opened at $16.22 on Monday. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.37 and a quick ratio of 0.57. The company’s 50-day moving average is $15.59 and its 200-day moving average is $15.17. The firm has a market capitalization of $1.57 billion, a PE ratio of 9.21 and a beta of 1.14. Sally Beauty has a fifty-two week low of $7.54 and a fifty-two week high of $17.92.

Sally Beauty (NYSE:SBHGet Free Report) last posted its quarterly earnings results on Monday, February 9th. The specialty retailer reported $0.48 EPS for the quarter, topping 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 analysts’ expectations of $939.63 million. During the same quarter last year, the company posted $0.43 earnings per share. Sally Beauty’s quarterly revenue was up .6% on a year-over-year basis. 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. Sell-side analysts anticipate that Sally Beauty will post 1.81 earnings per share for the current year.

Insider Activity

In related news, CAO Kim Mcintosh sold 5,900 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was 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 of the company’s stock, valued at $334,544.45. This represents a 21.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Sally Beauty

A number of institutional investors have recently modified their holdings of SBH. Osaic Holdings Inc. increased its position in shares of Sally Beauty by 1,365.0% in the second quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 2,730 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Sally Beauty by 392.5% during the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 1,519 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Sally Beauty during the 2nd quarter worth approximately $34,000. iSAM Funds UK Ltd bought a new position in Sally Beauty in the third quarter valued at approximately $35,000. Finally, Intesa Sanpaolo Wealth Management acquired a new position in Sally Beauty during the fourth quarter valued at approximately $36,000.

About Sally Beauty

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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.

Further Reading

Analyst Recommendations for Sally Beauty (NYSE:SBH)

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