Sally Beauty Holdings, Inc. (NYSE:SBH) Stock Has Consensus Price Target of $17.40 According to Brokerages

Sally Beauty Holdings, Inc. (NYSE:SBH) has been assigned a consensus recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $17.40.

Several equities research analysts have issued reports on the stock. TD Cowen lifted their price target on shares of Sally Beauty from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Wall Street Zen cut Sally Beauty from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Weiss Ratings raised Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 28th.

Sally Beauty Price Performance

Sally Beauty stock opened at $17.18 on Monday. The business’s 50-day simple moving average is $16.11 and its 200 day simple moving average is $14.56. The company has a quick ratio of 0.57, a current ratio of 2.37 and a debt-to-equity ratio of 0.92. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 8.95 and a beta of 1.05. Sally Beauty has a 12-month low of $11.54 and a 12-month high of $17.92.

Sally Beauty (NYSE:SBH) last posted its earnings results on Monday, August 3rd. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.02. Sally Beauty had a return on equity of 24.36% and a net margin of 5.16%.The company had revenue of $935.49 million during the quarter, compared to analyst estimates of $938.45 million. During the same period in the previous year, the company earned $0.51 EPS. The company’s revenue for the quarter was up .3% compared to the same quarter last year. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. As a group, research analysts anticipate that Sally Beauty will post 2.07 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SBH. Nykredit A S bought a new position in Sally Beauty during the second quarter worth $28,000. KBC Group NV bought a new stake in Sally Beauty during the first quarter valued at $39,000. Caitong International Asset Management Co. Ltd grew its holdings in Sally Beauty by 309.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,374 shares of the specialty retailer’s stock worth $48,000 after acquiring an additional 2,549 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in Sally Beauty during the 2nd quarter worth about $71,000. Finally, Versant Capital Management Inc raised its position in shares of Sally Beauty by 27.2% in the 2nd quarter. Versant Capital Management Inc now owns 5,096 shares of the specialty retailer’s stock worth $72,000 after acquiring an additional 1,089 shares in the last quarter.

About Sally Beauty

Sally Beauty Holdings, Inc operates specialty retailers and distributors of professional beauty products and salon supplies. The company serves both beauty professionals and individual consumers through its Sally Beauty and CosmoProf businesses.

Sally Beauty stores offer products including hair color, hair care, styling products, skin care, nail care, salon equipment and beauty accessories. CosmoProf primarily serves licensed stylists and salon owners, providing professional brands, technical education and products for salon services.