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

Sally Beauty Holdings, Inc. (NYSE:SBH) has been given a consensus rating of “Moderate Buy” by the six analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $17.40.

SBH has been the topic of a number of analyst reports. Wall Street Zen lowered Sally Beauty from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings upgraded Sally Beauty from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, TD Cowen lifted their price target 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.

Institutional Trading of Sally Beauty

Several institutional investors and hedge funds have recently bought and sold shares of the company. SummerHaven Investment Management LLC acquired a new position in shares of Sally Beauty during the third quarter valued at $1,172,000. Fortitude Family Office LLC increased its stake in Sally Beauty by 508.1% during the 3rd quarter. Fortitude Family Office LLC now owns 1,727 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 1,443 shares during the period. Farther Finance Advisors LLC increased its stake in Sally Beauty by 797.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,699 shares of the specialty retailer’s stock valued at $61,000 after buying an additional 3,287 shares during the period. Nykredit A S acquired a new position in Sally Beauty during the 2nd quarter valued at about $28,000. Finally, Corient Private Wealth LP bought a new stake in shares of Sally Beauty during the 2nd quarter worth about $251,000.

Sally Beauty Price Performance

Sally Beauty stock opened at $17.01 on Friday. The firm has a fifty day moving average of $16.37 and a 200-day moving average of $14.84. Sally Beauty has a 52-week low of $11.54 and a 52-week high of $17.92. 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 firm has a market capitalization of $1.59 billion, a P/E ratio of 8.86 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 for the quarter, beating the consensus estimate of $0.53 by $0.02. The business had revenue of $935.49 million for the quarter, compared to analyst estimates of $938.45 million. Sally Beauty had a net margin of 5.16% and a return on equity of 24.36%. The business’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.51 EPS. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. As a group, analysts predict that Sally Beauty will post 2.07 EPS for the current year.

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 offers hair color, hair care, styling products, skin care, nail products, beauty accessories, tools and salon equipment from both third-party brands and its own private-label brands.

Sally Beauty primarily serves consumers and beauty enthusiasts, while CosmoProf focuses on licensed salon professionals and other beauty-industry customers.