Sally Beauty - SBH Stock Forecast, Price & News

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. This segment also provides products under third-party brands, such as Wella, Clairol, OPI, Conair, and L'Oreal, as well as exclusive-label brand merchandise. The Beauty Systems Group segment offers professional beauty products, such as hair color and care products, skin and nail care products, styling tools, and other beauty items directly to salons and salon professionals through its professional-only stores, e-commerce platforms, and sales force, as well as through franchised stores under the Armstrong McCall store name. This segment also sells products under third-party brands, such as Paul Mitchell, Wella, Matrix, Schwarzkopf, Kenra, Goldwell, Joico, and Olaplex. As of September 30, 2021, the company operated 4,777 stores, including 134 franchised units in the United States, Puerto Rico, Canada, Mexico, Chile, Peru, the United Kingdom, Ireland, Belgium, France, the Netherlands, Spain, and Germany. It also distributes its products through full-service/exclusive distributors, open-line distributors, direct sales, and mega-salon stores. Sally Beauty Holdings, Inc. was founded in 1964 and is headquartered in Denton, Texas.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on SBH shares. DA Davidson lowered their target price on shares of Sally Beauty from $16.00 to $14.50 and set a "neutral" rating on the stock in a report on Monday, August 8th. Cowen lowered shares of Sally Beauty from an "outperform" rating to a "market perform" rating and set a $17.00 target price on the stock. in a report on Friday. Cowen lowered shares of Sally Beauty from an "outperform" rating to a "market perform" rating and set a $17.00 target price on the stock. in a report on Friday. TheStreet lowered shares of Sally Beauty from a "b-" rating to a "c+" rating in a report on Thursday, June 23rd. Finally, Raymond James downgraded shares of Sally Beauty from a "market perform" rating to an "underperform" rating in a research report on Wednesday, June 29th. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the company's stock. According to data from MarketBeat, Sally Beauty presently has a consensus rating of "Hold" and a consensus target price of $16.30.

Sally Beauty Stock Down 0.1 %

SBH Stock traded down $0.02 during trading on Friday, reaching $15.19. The stock had a trading volume of 1,158,433 shares, compared to its average volume of 1,286,004. Sally Beauty has a one year low of $11.28 and a one year high of $21.86. The company has a quick ratio of 0.29, a current ratio of 1.60 and a debt-to-equity ratio of 3.66. The company's 50 day moving average is $13.16 and its two-hundred day moving average is $15.10. The company has a market capitalization of $1.63 billion, a price-to-earnings ratio of 7.45 and a beta of 1.38.

Sally Beauty (NYSE:SBH - Get Rating) last issued its quarterly earnings data on Thursday, August 4th. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.04). Sally Beauty had a return on equity of 90.85% and a net margin of 5.99%. The firm had revenue of $961.47 million during the quarter, compared to the consensus estimate of $950.97 million. During the same period in the previous year, the company posted $0.68 earnings per share. The company's revenue for the quarter was down 6.0% on a year-over-year basis. Equities research analysts forecast that Sally Beauty will post 2.17 EPS for the current year.