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

Key Points

• Analysts have a consensus “Hold” rating on Sally Beauty, with four buys, two holds and one sell; the average 12-month price target is $17.40.
• Sally Beauty reported quarterly EPS of $0.55, beating expectations of $0.53, while revenue reached $935.49 million, up 0.3% year over year but slightly below estimates.
• The stock opened at $17.16 and has gained 6.5%, trading near its 52-week high of $17.92. Several institutional investors also recently increased their positions or initiated new stakes.

Sally Beauty Holdings, Inc. (NYSE:SBH - Get Free Report) has earned an average recommendation of "Hold" from the seven ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $17.40.

Several equities analysts recently issued reports on the stock. Weiss Ratings raised shares of Sally Beauty from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Wall Street Zen lowered Sally Beauty from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, TD Cowen increased their target price on Sally Beauty from $17.00 to $19.00 and gave the company a "buy" rating in a research report on Tuesday, August 4th.

Sally Beauty Trading Up 6.5%

NYSE SBH opened at $17.16 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.57 and a current ratio of 2.37. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 8.94 and a beta of 1.03. The company's 50-day simple moving average is $16.38 and its two-hundred day simple moving average is $14.78. Sally Beauty has a one year low of $11.54 and a one year high of $17.92.

Sally Beauty (NYSE:SBH - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The specialty retailer reported $0.55 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $938.45 million. During the same quarter in the previous year, the business posted $0.51 EPS. The company's quarterly 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. Equities analysts forecast that Sally Beauty will post 2.07 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Versant Capital Management Inc boosted its position in Sally Beauty by 27.2% during the second quarter. Versant Capital Management Inc now owns 5,096 shares of the specialty retailer's stock valued at $72,000 after purchasing an additional 1,089 shares in the last quarter. Fortitude Family Office LLC grew its stake in 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 last quarter. Nykredit A S purchased a new position in Sally Beauty in the second quarter valued at about $28,000. Caitong International Asset Management Co. Ltd raised its holdings in Sally Beauty by 309.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,374 shares of the specialty retailer's stock worth $48,000 after purchasing an additional 2,549 shares in the last quarter. Finally, KBC Group NV bought a new position in Sally Beauty in the first quarter worth about $39,000.

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 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.

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