Sally Beauty (NYSE:SBH – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.
Other research analysts also recently issued research reports about the stock. Canaccord Genuity Group boosted 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. Raymond James Financial raised shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price for the company in a research note on Wednesday, January 21st. Jefferies Financial Group restated a “hold” rating and issued a $16.00 target price on shares of Sally Beauty in a report on Wednesday, January 14th. Morgan Stanley upped their price target on shares of Sally Beauty from $14.00 to $16.00 and gave the company an “underweight” rating in a research report on Tuesday, February 10th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Sally Beauty in a report on Friday, January 9th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $17.80.
Check Out Our Latest Stock Report on Sally Beauty
Sally Beauty Price Performance
Sally Beauty (NYSE:SBH – Get Free Report) last announced its earnings results on Monday, February 9th. The specialty retailer reported $0.48 EPS for the quarter, beating the consensus estimate of $0.47 by $0.01. The business had revenue of $943.17 million for the quarter, compared to analysts’ expectations of $939.63 million. Sally Beauty had a return on equity of 26.07% and a net margin of 4.87%.The firm’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 earnings per share. 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, equities research analysts anticipate that Sally Beauty will post 1.81 earnings per share for the current year.
Institutional Trading of Sally Beauty
Hedge funds have recently modified their holdings of the stock. Schroder Investment Management Group acquired a new position in shares of Sally Beauty during the 3rd quarter valued at $160,495,000. Wasatch Advisors LP acquired a new stake in Sally Beauty in the third quarter worth $74,842,000. Goldman Sachs Group Inc. increased its stake in Sally Beauty by 46.0% in 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 purchasing an additional 1,254,125 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Sally Beauty by 2,768.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,220,160 shares of the specialty retailer’s stock valued at $11,299,000 after purchasing an additional 1,177,626 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Sally Beauty by 174.4% during the third quarter. American Century Companies Inc. now owns 1,660,831 shares of the specialty retailer’s stock valued at $27,038,000 after purchasing 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.
Read More
- Five stocks we like better than Sally Beauty
- The Next Commodity Crunch (bigger than oil?)
- What a Former CIA Agent Knows About the Coming Collapse
- The gold chart Wall Street is terrified of…
- I tried out Elon Musk’s new AI tech — it floored me
- “I just bought 10,000 shares of a $5 stock…”
Receive News & Ratings for Sally Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sally Beauty and related companies with MarketBeat.com's FREE daily email newsletter.
