Sally Beauty (NYSE:SBH) Stock Breaks Above 200 Day Moving Average - Here's What Happened

Key Points

• Sally Beauty shares rose above their 200-day moving average of $14.69, reaching $16.44 before last trading near $16.04 on volume of approximately 1.88 million shares.
• The company exceeded quarterly earnings expectations, reporting EPS of $0.55 versus the $0.53 consensus, while revenue of $935.49 million fell slightly short of estimates but increased 0.3% year over year. Fiscal 2026 EPS guidance is $2.04–$2.08.
• Analyst sentiment remains mixed, with an overall “Hold” rating and an average price target of $17.40; TD Cowen raised its target to $19 and maintained a Buy rating, while several major institutions—including BlackRock—recently acquired stakes.

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH - Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $14.69 and traded as high as $16.44. Sally Beauty shares last traded at $16.0390, with a volume of 1,878,694 shares trading hands.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Wall Street Zen cut Sally Beauty from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. TD Cowen lifted their price objective on Sally Beauty from $17.00 to $19.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. Finally, Weiss Ratings upgraded shares of Sally Beauty from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Sally Beauty presently has an average rating of "Hold" and an average price target of $17.40.

Sally Beauty Stock Down 2.8%

The business's 50 day moving average price is $16.35 and its 200-day moving average price is $14.69. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.37 and a quick ratio of 0.57. The company has a market cap of $1.50 billion, a P/E ratio of 8.35 and a beta of 1.03.

Sally Beauty (NYSE:SBH - Get Free Report) last announced its earnings results on Monday, August 3rd. The specialty retailer reported $0.55 EPS for the quarter, topping the consensus estimate of $0.53 by $0.02. Sally Beauty had a return on equity of 24.36% and a net margin of 5.16%.The business had revenue of $935.49 million for the quarter, compared to the consensus estimate of $938.45 million. During the same period in the previous year, the business earned $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, analysts anticipate that Sally Beauty Holdings, Inc. will post 2.07 earnings per share for the current fiscal year.

Institutional Trading of Sally Beauty

Several large investors have recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Sally Beauty in the second quarter valued at about $1,727,000. Hsbc Holdings PLC bought a new stake in Sally Beauty during the 1st quarter worth about $2,587,000. Bank of America Corp DE bought a new stake in Sally Beauty during the 2nd quarter worth about $2,115,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Sally Beauty during the 2nd quarter worth about $1,536,000. Finally, BlackRock Inc. acquired a new stake in Sally Beauty in the 2nd quarter valued at about $223,172,000.

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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