Sally Beauty - SBH Stock Forecast, Price & News

6 Wall Street 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 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 equities research analysts have issued 1 year target prices for Sally Beauty's stock. Their SBH share price forecasts range from $11.00 to $22.00. On average, they expect the company's share price to reach $16.30 in the next twelve months. This suggests a possible upside of 24.2% from the stock's current price.
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Sally Beauty's stock was trading at $18.46 at the start of the year. Since then, SBH stock has decreased by 28.9% and is now trading at $13.12.
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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 earnings results on Thursday, August, 4th. The specialty retailer reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.59 by $0.04. The specialty retailer had revenue of $961.47 million for the quarter, compared to analyst estimates of $950.97 million. Sally Beauty had a net margin of 5.99% and a trailing twelve-month return on equity of 90.85%. The firm's quarterly revenue was down 6.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.68 earnings per share.

Sally Beauty issued an update on its FY 2022 earnings guidance on Thursday, August, 18th. The company provided EPS 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."

Sally Beauty's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (15.00%), State Street Corp (3.78%), Principal Financial Group Inc. (3.35%), Polaris Capital Management LLC (2.67%), Northern Trust Corp (1.29%) and Goldman Sachs Group Inc. (0.78%). Insiders that own company stock include Aaron E Alt, Christian A Brickman, Edward W Rabin, Linda Heasley, Mark Gregory Spinks, Robert R Mcmaster, 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 $13.12.

Sally Beauty (NYSE:SBH) has a market capitalization of $1.40 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.