Sally Beauty (NYSE:SBH) Shares Break Above 200-Day Moving Average – Time to Sell?

Shares of Sally Beauty Holdings, Inc. (NYSE:SBH) crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $14.69 and traded as high as $16.44. Sally Beauty shares last traded at $16.0390, with a volume of 1,878,694 shares.

Analyst Ratings Changes

A number of equities research analysts have commented on SBH shares. Wall Street Zen downgraded Sally Beauty from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings upgraded shares of Sally Beauty from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Finally, TD Cowen boosted their price objective on shares of Sally Beauty from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Sally Beauty presently has an average rating of “Hold” and an average target price of $17.40.

Sally Beauty Price Performance

The company has a quick ratio of 0.57, a current ratio of 2.37 and a debt-to-equity ratio of 0.92. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 8.30 and a beta of 1.03. The company has a fifty day simple moving average of $16.37 and a two-hundred day simple moving average of $14.70.

Sally Beauty (NYSE:SBH) last released its quarterly earnings results on Monday, August 3rd. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.02. Sally Beauty had a return on equity of 24.36% and a net margin of 5.16%. The business had revenue of $935.49 million during the quarter, compared to the consensus estimate of $938.45 million. During the same quarter in the previous year, the company posted $0.51 EPS. The business’s revenue was up .3% on a year-over-year basis. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. On average, equities research analysts anticipate that Sally Beauty Holdings, Inc. will post 2.07 earnings per share for the current fiscal year.

Institutional Trading of Sally Beauty

Several institutional investors and hedge funds have recently modified their holdings of SBH. Versant Capital Management Inc increased its position in Sally Beauty by 27.2% during the second quarter. Versant Capital Management Inc now owns 5,096 shares of the specialty retailer’s stock worth $72,000 after buying an additional 1,089 shares in the last quarter. Nykredit A S acquired a new stake in shares of Sally Beauty during the 2nd quarter worth about $28,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Sally Beauty by 309.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,374 shares of the specialty retailer’s stock worth $48,000 after buying an additional 2,549 shares in the last quarter. KBC Group NV purchased a new stake in shares of Sally Beauty during the first quarter worth about $39,000. Finally, Farther Finance Advisors LLC raised its position in shares of Sally Beauty by 797.8% in the third quarter. Farther Finance Advisors LLC now owns 3,699 shares of the specialty retailer’s stock valued at $61,000 after buying an additional 3,287 shares during the last quarter.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc is a specialty retailer and distributor of professional beauty products. Through its Sally Beauty and CosmoProf businesses, the company offers hair color, hair care, styling products, skin care, nail products, beauty accessories, tools and salon equipment from both third-party brands and its own private-label brands.

Sally Beauty primarily serves consumers and beauty enthusiasts, while CosmoProf focuses on licensed salon professionals and other beauty-industry customers.