Sally Beauty - SBH Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sally Beauty in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SBH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SBH, but not buy additional shares or sell existing shares.
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6 Wall Street analysts have issued twelve-month price objectives for Sally Beauty's shares. Their SBH share price forecasts range from $11.00 to $22.00. On average, they predict the company's stock price to reach $16.30 in the next year. This suggests a possible upside of 29.4% from the stock's current price.
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Sally Beauty's stock was trading at $18.46 at the beginning of 2022. Since then, SBH shares have decreased by 31.7% and is now trading at $12.60.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
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Sally Beauty Holdings, Inc. (NYSE:SBH) announced its quarterly earnings results on Thursday, August, 4th. The specialty retailer reported $0.55 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by $0.04. The specialty retailer earned $961.47 million during the quarter, compared to analysts' expectations of $950.97 million. Sally Beauty had a trailing twelve-month return on equity of 90.85% and a net margin of 5.99%. Sally Beauty's revenue for the quarter was down 6.0% on a year-over-year basis. During the same period last year, the firm earned $0.68 earnings per share.

Sally Beauty issued an update on its FY 2022 earnings guidance on Thursday, August, 18th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.80 billion-$3.80 billion, compared to the consensus revenue estimate of $3.82 billion.

497 employees have rated Sally Beauty Chief Executive Officer Chris Brickman on Glassdoor.com. Chris Brickman has an approval rating of 49% among the company's employees. This puts Chris Brickman in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sally Beauty investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Gran Tierra Energy (GTE), Och-Ziff Capital Management Group (OZM) and Transocean (RIG).

Sally Beauty trades on the New York Stock Exchange (NYSE) under the ticker symbol "SBH."

Shares of SBH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SBH stock can currently be purchased for approximately $12.60.

Sally Beauty (NYSE:SBH) has a market capitalization of $1.35 billion and generates $3.88 billion in revenue each year. The specialty retailer earns $239.86 million in net income (profit) each year or $2.04 on an earnings per share basis.

The company employs 29,000 workers across the globe.

Sally Beauty's mailing address is 3001 COLORADO BOULEVARD, DENTON TX, 76210. The official website for the company is www.sallybeautyholdings.com. The specialty retailer can be reached via phone at (940) 898-7500, via email at jharkins@sallybeauty.com, or via fax at 940-297-4990.