Sally Beauty Holdings, Inc. (NYSE:SBH) Receives $12.70 Consensus Target Price from Analysts

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH - Get Free Report) have earned a consensus rating of "Hold" from the six analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $12.70.

Separately, Wall Street Zen lowered Sally Beauty from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Sally Beauty by 4.4% during the 1st quarter. Vanguard Group Inc. now owns 12,974,982 shares of the specialty retailer's stock worth $117,164,000 after acquiring an additional 546,267 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Sally Beauty by 12.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,049,732 shares of the specialty retailer's stock valued at $42,316,000 after purchasing an additional 459,972 shares during the period. ArrowMark Colorado Holdings LLC boosted its stake in shares of Sally Beauty by 5.6% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 4,022,723 shares of the specialty retailer's stock valued at $42,037,000 after purchasing an additional 214,108 shares during the period. Victory Capital Management Inc. grew its holdings in shares of Sally Beauty by 9.3% in the first quarter. Victory Capital Management Inc. now owns 4,013,531 shares of the specialty retailer's stock worth $36,242,000 after purchasing an additional 342,225 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Sally Beauty by 10.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,868,855 shares of the specialty retailer's stock worth $25,906,000 after buying an additional 263,269 shares during the period.

Sally Beauty Price Performance

SBH traded up $0.58 on Friday, reaching $9.84. The company had a trading volume of 2,705,960 shares, compared to its average volume of 1,842,646. Sally Beauty has a 52-week low of $7.54 and a 52-week high of $14.79. The company has a market cap of $992.76 million, a price-to-earnings ratio of 5.53 and a beta of 1.26. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.44 and a current ratio of 2.32. The business has a 50 day simple moving average of $8.72 and a 200 day simple moving average of $9.41.

Sally Beauty (NYSE:SBH - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The specialty retailer reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.03. Sally Beauty had a net margin of 5.03% and a return on equity of 29.48%. The firm had revenue of $883.15 million for the quarter, compared to analyst estimates of $901.00 million. During the same quarter in the prior year, the firm earned $0.35 EPS. The business's revenue for the quarter was down 2.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Sally Beauty will post 1.81 EPS for the current year.

About Sally Beauty

Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.