Sally Beauty (NYSE:SBH) Shares Cross Above Two Hundred Day Moving Average – Time to Sell?

Shares of Sally Beauty Holdings, Inc. (NYSE:SBHGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.47 and traded as high as $14.48. Sally Beauty shares last traded at $14.0970, with a volume of 2,033,128 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on SBH shares. Wall Street Zen upgraded Sally Beauty from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Weiss Ratings downgraded Sally Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 18th. TD Cowen lowered their target price on Sally Beauty from $20.00 to $17.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Finally, Morgan Stanley dropped their price target on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a research report 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $17.00.

View Our Latest Stock Report on Sally Beauty

Sally Beauty Trading Up 2.1%

The company has a quick ratio of 0.55, a current ratio of 2.34 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 7.98 and a beta of 1.04. The business has a 50-day moving average of $13.37 and a two-hundred day moving average of $14.46.

Sally Beauty (NYSE:SBHGet Free Report) last posted its quarterly earnings results on Monday, May 11th. The specialty retailer reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. Sally Beauty had a return on equity of 24.95% and a net margin of 4.93%.The firm had revenue of $903.38 million during the quarter, compared to analysts’ expectations of $901.42 million. During the same quarter in the prior year, the firm posted $0.42 EPS. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. Research analysts predict that Sally Beauty Holdings, Inc. will post 2.06 EPS for the current fiscal year.

Insider Activity at Sally Beauty

In related news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the company’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 directly owned 138,145 shares in the company, valued at approximately $1,754,441.50. This represents a 23.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Sally Beauty

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

About Sally Beauty

(Get Free Report)

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.

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