Sally Beauty (NYSE:SBH) Sets New 52-Week High - Here's Why

Key Points

• Sally Beauty shares reached a new 52-week high, trading as high as $17.98 and last changing hands near $17.82, up from a prior close of $17.41.
• Analyst sentiment is broadly positive: four analysts rate the stock a Buy, one rates it Hold and one Sell, resulting in a consensus “Moderate Buy” rating. TD Cowen raised its price target to $19, above the $17.40 consensus target.
• The company recently exceeded quarterly earnings expectations, reporting $0.55 in EPS versus the $0.53 estimate, while revenue rose 0.3% year over year to $935.49 million. Management provided fiscal 2026 EPS guidance of $2.04–$2.08.

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH - Get Free Report) reached a new 52-week high during trading on Thursday. The stock traded as high as $17.98 and last traded at $17.8180, with a volume of 73,238 shares changing hands. The stock had previously closed at $17.41.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SBH. Wall Street Zen cut Sally Beauty from a "buy" rating to a "hold" rating in a research note 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 raised their target price 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. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $17.40.

Sally Beauty Stock Performance

The company has a market cap of $1.67 billion, a PE ratio of 9.30 and a beta of 1.03. 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 firm's 50 day moving average is $16.47 and its 200-day moving average is $15.05.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Pinnacle Wealth Planning Services Inc. increased its stake in shares of Sally Beauty by 40.1% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 7,739 shares of the specialty retailer's stock valued at $127,000 after acquiring an additional 2,214 shares during the last quarter. Access Investment Management LLC increased its holdings in shares of Sally Beauty by 1.3% in the third quarter. Access Investment Management LLC now owns 574,104 shares of the specialty retailer's stock valued at $9,427,000 after purchasing an additional 7,380 shares during the last quarter. Signaturefd LLC lifted its holdings in Sally Beauty by 101.9% during the 3rd quarter. Signaturefd LLC now owns 5,802 shares of the specialty retailer's stock worth $95,000 after purchasing an additional 2,929 shares during the last quarter. RWC Asset Management LLP bought a new position in Sally Beauty during the third quarter worth about $165,000. Finally, Fifth Third Wealth Advisors LLC bought a new stake in shares of Sally Beauty in the third quarter valued at approximately $210,000.

Sally Beauty Company Profile

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.

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