Sally Beauty - SBH Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sally Beauty in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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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7 brokerages have issued twelve-month target prices for Sally Beauty's shares. Their SBH share price forecasts range from $12.00 to $19.00. On average, they predict the company's stock price to reach $16.00 in the next year. This suggests a possible upside of 6.7% from the stock's current price.
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Sally Beauty's stock was trading at $12.52 at the start of the year. Since then, SBH shares have increased by 19.8% and is now trading at $15.00.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
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Sally Beauty Holdings, Inc. (NYSE:SBH) posted its quarterly earnings results on Thursday, February, 2nd. The specialty retailer reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.03. The specialty retailer had revenue of $957.06 million for the quarter, compared to the consensus estimate of $921.74 million. Sally Beauty had a trailing twelve-month return on equity of 72.24% and a net margin of 4.35%. The business's quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the business earned $0.63 EPS.

ETFs with the largest weight of Sally Beauty (NYSE:SBH) stock in their portfolio include SPDR S&P Retail ETF (XRT), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Direxion Daily Retail Bull 3X Shares (RETL), Roundhill Acquirers Deep Value ETF (DEEP), Distillate Small/Mid Cash Flow ETF (DSMC), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap 600 Revenue ETF (RWJ) and First Trust Small Cap Value AlphaDEX Fund (FYT).

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."

Sally Beauty's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (8.02%), ArrowMark Colorado Holdings LLC (7.04%), LSV Asset Management (3.66%), Fisher Asset Management LLC (3.26%), Polaris Capital Management LLC (2.40%) and Morgan Stanley (2.27%). Insiders that own company stock include Christian A Brickman, Edward W Rabin, Linda Heasley, Mark Gregory Spinks, Susan R Mulder and Timothy R Baer.
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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 $15.00.

Sally Beauty (NYSE:SBH) has a market capitalization of $1.61 billion and generates $3.82 billion in revenue each year. The specialty retailer earns $183.55 million in net income (profit) each year or $1.51 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.