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

Sally Beauty Holdings, Inc. (NYSE:SBH) has received a consensus rating of “Hold” from the seven analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $17.40.

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

Sally Beauty Price Performance

Shares of SBH opened at $16.67 on Friday. The company has a market cap of $1.56 billion, a P/E ratio of 8.68 and a beta of 1.03. The stock has a fifty day moving average price of $16.37 and a 200 day moving average price of $14.80. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.37 and a quick ratio of 0.57. Sally Beauty has a 12 month low of $11.54 and a 12 month high of $17.92.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Fortitude Family Office LLC increased its stake in shares of Sally Beauty by 508.1% in the third quarter. Fortitude Family Office LLC now owns 1,727 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 1,443 shares during the period. Nykredit A S bought a new stake in shares of Sally Beauty during the second quarter valued at approximately $28,000. KBC Group NV bought a new stake in shares of Sally Beauty during the first quarter valued at approximately $39,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Sally Beauty by 309.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,374 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 2,549 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of Sally Beauty by 797.8% during the third quarter. Farther Finance Advisors LLC now owns 3,699 shares of the specialty retailer’s stock worth $61,000 after buying an additional 3,287 shares during the period.

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.