Sally Beauty (NYSE:SBH) Reaches New 52-Week High – Still a Buy?

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH) reached a new 52-week high on Wednesday . The stock traded as high as $17.92 and last traded at $17.18, with a volume of 416907 shares changing hands. The stock had previously closed at $16.05.

Analysts Set New Price Targets

Several equities analysts recently commented on SBH shares. Cowen restated a “buy” rating on shares of Sally Beauty in a research report on Wednesday. Jefferies Financial Group reissued a “hold” rating and set a $16.00 price target on shares of Sally Beauty in a report on Wednesday, January 14th. Raymond James Financial upgraded shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 price target on the stock in a research report on Wednesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. Finally, Morgan Stanley reissued an “underweight” rating and issued a $14.00 target price on shares of Sally Beauty in a report on Thursday, January 15th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Sally Beauty presently has a consensus rating of “Hold” and a consensus target price of $15.75.

Sally Beauty Price Performance

The stock has a 50-day simple moving average of $15.22 and a 200 day simple moving average of $14.08. The stock has a market capitalization of $1.65 billion, a P/E ratio of 8.98 and a beta of 1.12. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.54 and a current ratio of 2.26.

Sally Beauty (NYSE:SBH) last released its earnings results on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.06. The company had revenue of $947.08 million during the quarter, compared to the consensus estimate of $932.88 million. Sally Beauty had a return on equity of 27.07% and a net margin of 5.29%.The firm’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.50 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.090-2.090 EPS and its Q1 2026 guidance at 0.430-0.470 EPS. On average, equities analysts forecast that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current fiscal year.

Insider Activity at Sally Beauty

In other Sally Beauty news, SVP Scott C. Sherman sold 15,000 shares of Sally Beauty stock in a transaction on Monday, December 1st. The shares were sold at an average price of $16.27, for a total transaction of $244,050.00. Following the completion of the sale, the senior vice president owned 57,585 shares of the company’s stock, valued at approximately $936,907.95. The trade was a 20.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Kim Mcintosh sold 5,900 shares of the company’s stock in a transaction 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 of the company’s stock, valued at $334,544.45. The trade was a 21.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Sally Beauty

Institutional investors have recently made changes to their positions in the stock. Schroder Investment Management Group bought a new position in Sally Beauty during the third quarter worth about $160,495,000. Wasatch Advisors LP bought a new stake in Sally Beauty in the third quarter valued at approximately $74,842,000. Arrowstreet Capital Limited Partnership raised its holdings 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 worth $11,299,000 after purchasing an additional 1,177,626 shares during the period. American Century Companies Inc. boosted its position 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 worth $27,038,000 after purchasing an additional 1,055,669 shares in the last quarter. Finally, Ranmore Fund Management Ltd grew its holdings in shares of Sally Beauty by 54.6% in the 2nd quarter. Ranmore Fund Management Ltd now owns 2,196,020 shares of the specialty retailer’s stock valued at $20,335,000 after buying an additional 776,020 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.