Sally Beauty (NYSE:SBH) Trading Down 8.9% – Here’s What Happened

Sally Beauty Holdings, Inc. (NYSE:SBH)’s stock price dropped 8.9% during mid-day trading on Thursday . The company traded as low as $12.79 and last traded at $12.8930. Approximately 150,755 shares changed hands during trading, a decline of 91% from the average daily volume of 1,666,251 shares. The stock had previously closed at $14.16.

Wall Street Analyst Weigh In

Several research analysts have recently commented on SBH shares. Jefferies Financial Group reissued a “hold” rating and issued a $16.00 price objective on shares of Sally Beauty in a research note on Wednesday, January 14th. TD Cowen upped their target price on shares of Sally Beauty from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Raymond James Financial upgraded shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price on the stock in a report on Wednesday, January 21st. Wall Street Zen raised shares of Sally Beauty from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sally Beauty in a research report on Friday, January 9th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Sally Beauty has a consensus rating of “Hold” and an average price target of $17.80.

Sally Beauty Price Performance

The stock’s fifty day moving average price is $15.20 and its two-hundred day moving average price is $15.21. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 7.43 and a beta of 1.14. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 1.02.

Sally Beauty (NYSE:SBH) last issued its earnings results on Monday, February 9th. The specialty retailer reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. The firm had revenue of $943.17 million during the quarter, compared to the consensus estimate of $939.63 million. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The company’s revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.43 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. Equities research analysts expect that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. raised its position in shares of Sally Beauty by 1,365.0% during the 2nd quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 2,730 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Sally Beauty by 392.5% in the third quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 1,519 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Sally Beauty in the second quarter valued at approximately $34,000. iSAM Funds UK Ltd purchased a new position in Sally Beauty in the third quarter valued at approximately $35,000. Finally, Intesa Sanpaolo Wealth Management purchased a new position in Sally Beauty in the fourth quarter valued at approximately $36,000.

About Sally Beauty

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.