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

Sally Beauty Holdings, Inc. (NYSE:SBH) has received an average rating of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $17.40.

A number of research analysts have recently commented on the company. Wall Street Zen lowered Sally Beauty from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. TD Cowen raised their price objective on shares of Sally Beauty from $17.00 to $19.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings upgraded shares of Sally Beauty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th.

Sally Beauty Price Performance

Shares of Sally Beauty stock opened at $17.64 on Friday. The firm has a fifty day simple moving average of $16.39 and a 200-day simple moving average of $14.89. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 0.92. Sally Beauty has a 1-year low of $11.54 and a 1-year high of $17.92. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 9.19 and a beta of 1.03.

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, beating analysts’ consensus estimates of $0.53 by $0.02. Sally Beauty had a net margin of 5.16% and a return on equity of 24.36%. The business had revenue of $935.49 million for the quarter, compared to analyst estimates of $938.45 million. During the same period last year, the business posted $0.51 EPS. Sally Beauty’s revenue was up .3% compared to the same quarter last year. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. On average, sell-side analysts expect that Sally Beauty will post 2.07 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of Sally Beauty during the 2nd quarter worth approximately $223,172,000. Dimensional Fund Advisors LP raised its stake in shares of Sally Beauty by 3.6% in the first quarter. Dimensional Fund Advisors LP now owns 5,871,979 shares of the specialty retailer’s stock valued at $81,323,000 after purchasing an additional 202,020 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Sally Beauty in the second quarter valued at $9,347,000. Pacer Advisors Inc. acquired a new position in shares of Sally Beauty in the 1st quarter valued at $8,102,000. Finally, Empowered Funds LLC acquired a new position in shares of Sally Beauty in the 2nd quarter valued at $7,264,000.

About Sally Beauty

Sally Beauty Holdings, Inc is a specialty retailer and distributor of professional beauty products. Through its Sally Beauty and CosmoProf businesses, the company serves both individual consumers and salon professionals with products including hair color, hair care, styling products, skin care, nail care, beauty accessories and salon equipment.

Sally Beauty stores primarily target consumers and offer a broad selection of branded and private-label beauty products. CosmoProf serves licensed beauty professionals and salons, providing professional-use products, tools, furnishings and education-related resources.