Sally Beauty (NYSE:SBH) Issues FY 2026 Earnings Guidance

Sally Beauty (NYSE:SBH) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 2.020-2.100 for the period, compared to the consensus estimate of 2.070. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.7 billion.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on SBH shares. Wall Street Zen upgraded Sally Beauty from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. TD Cowen dropped their price target on Sally Beauty from $20.00 to $17.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Weiss Ratings lowered Sally Beauty from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, May 22nd. Canaccord Genuity Group upped their price target on Sally Beauty from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Morgan Stanley reduced their target price on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given 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 $17.00.

Sally Beauty Stock Up 1.2%

Shares of NYSE:SBH opened at $13.42 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.55 and a current ratio of 2.34. The firm has a market capitalization of $1.28 billion, a P/E ratio of 7.28 and a beta of 1.07. The stock has a 50 day moving average price of $13.59 and a 200-day moving average price of $14.74. Sally Beauty has a 52-week low of $8.45 and a 52-week high of $17.92.

Sally Beauty (NYSE:SBH) last released its earnings results on Monday, May 11th. The specialty retailer reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Sally Beauty had a net margin of 4.93% and a return on equity of 24.95%. The firm had revenue of $903.38 million for the quarter, compared to the consensus estimate of $901.43 million. During the same period in the prior year, the firm earned $0.42 EPS. The company’s revenue was up 2.3% compared to the same quarter last year. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. As a group, equities research analysts anticipate that Sally Beauty will post 2.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. State of Tennessee Department of Treasury lifted its position in Sally Beauty by 5.2% in the 4th quarter. State of Tennessee Department of Treasury now owns 49,290 shares of the specialty retailer’s stock valued at $750,000 after acquiring an additional 2,424 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Sally Beauty during the fourth quarter valued at $160,000. Empowered Funds LLC increased its holdings in Sally Beauty by 4.0% in the 4th quarter. Empowered Funds LLC now owns 463,127 shares of the specialty retailer’s stock worth $6,604,000 after buying an additional 18,011 shares in the last quarter. XTX Topco Ltd lifted its stake in Sally Beauty by 51.0% during the 4th quarter. XTX Topco Ltd now owns 75,842 shares of the specialty retailer’s stock valued at $1,082,000 after acquiring an additional 25,628 shares during the period. Finally, Susquehanna Portfolio Strategies LLC purchased a new stake in shares of Sally Beauty during the 4th quarter valued at about $143,000.

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.