Sally Beauty (NYSE:SBH) Shares Pass Above 200 Day Moving Average – What’s Next?

Sally Beauty Holdings, Inc. (NYSE:SBH)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.38 and traded as high as $15.04. Sally Beauty shares last traded at $14.8010, with a volume of 1,542,717 shares.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SBH shares. Morgan Stanley decreased their price objective on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a report on Tuesday, May 12th. Wall Street Zen raised Sally Beauty from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. TD Cowen reduced their target price on shares of Sally Beauty from $20.00 to $17.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Finally, Weiss Ratings cut shares of Sally Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 18th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Sally Beauty currently has a consensus rating of “Hold” and a consensus target price of $17.00.

Sally Beauty Trading Down 1.9%

The company has a debt-to-equity ratio of 0.98, a current ratio of 2.34 and a quick ratio of 0.55. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 8.20 and a beta of 1.02. The business’s 50-day moving average price is $13.40 and its two-hundred day moving average price is $14.38.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings data on Monday, May 11th. The specialty retailer reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The firm had revenue of $903.38 million for the quarter, compared to analyst estimates of $901.42 million. Sally Beauty had a return on equity of 24.95% and a net margin of 4.93%.The company’s revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the company earned $0.42 EPS. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. Research analysts predict that Sally Beauty Holdings, Inc. will post 2.06 earnings per share for the current year.

Insider Activity at Sally Beauty

In related news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $12.70, for a total value of $543,191.70. Following the transaction, the chief financial officer owned 138,145 shares in the company, valued at approximately $1,754,441.50. This trade represents a 23.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Sally Beauty

Several institutional investors and hedge funds have recently bought and sold shares of the company. Versant Capital Management Inc increased its holdings in Sally Beauty by 27.2% in the 2nd quarter. Versant Capital Management Inc now owns 5,096 shares of the specialty retailer’s stock valued at $72,000 after buying an additional 1,089 shares during the period. CX Institutional raised its position in shares of Sally Beauty by 7.8% in the 2nd quarter. CX Institutional now owns 450,630 shares of the specialty retailer’s stock valued at $6,372,000 after buying an additional 32,740 shares in the last quarter. Pacer Advisors Inc. bought a new stake in shares of Sally Beauty during the 1st quarter worth approximately $8,102,000. Empowered Funds LLC lifted its holdings in shares of Sally Beauty by 3.9% during the 1st quarter. Empowered Funds LLC now owns 481,123 shares of the specialty retailer’s stock worth $6,664,000 after acquiring an additional 17,996 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of Sally Beauty by 16.4% during the 1st quarter. Bank of America Corp DE now owns 384,663 shares of the specialty retailer’s stock worth $5,328,000 after acquiring an additional 54,205 shares in the last quarter.

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.