Sally Beauty (NYSE:SBH) Stock Price Down 7.4% – Here’s What Happened

Sally Beauty Holdings, Inc. (NYSE:SBH)’s share price fell 7.4% during trading on Wednesday. The stock traded as low as $19.30 and last traded at $19.01. Approximately 146,615 shares changed hands during trading, a decline of 90% from the average session volume of 1,500,961 shares. The stock had previously closed at $20.54.

Top Sally Beauty Stories

Investors following SBH have been watching these stories:

• Positive Sentiment: Fiscal Q4 adjusted earnings were $0.62 per share, above the $0.60 consensus and up from $0.55 a year earlier. Revenue rose 0.6% to $952.5 million, also slightly topping estimates. Sally Beauty Reports Q4 Earnings Above Estimates and Raises FY2027 Outlook Above Consensus
• Neutral Sentiment: Fiscal Q1 2027 EPS guidance of $0.48–$0.52 has a midpoint below the $0.52 consensus, while revenue guidance of $945 million–$955 million brackets the $948.3 million estimate. Sally Beauty Holdings Sees Slight Growth In FY27
• Negative Sentiment: Morgan Stanley raised its price target to $19 from $13 but kept its Underweight rating, signaling continued skepticism about the shares despite the higher target. Morgan Stanley Adjusts Price Target on Sally Beauty

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Jefferies Financial Group set a $21.00 price target on Sally Beauty and gave the company a “hold” rating in a report on Wednesday. TD Cowen started coverage on shares of Sally Beauty in a research report on Friday, October 30th. They issued a “strong-buy” rating on the stock. Wall Street Zen downgraded shares of Sally Beauty from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings lowered shares of Sally Beauty from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 30th. Finally, Raymond James Financial set a $18.00 price target on shares of Sally Beauty and gave the stock an “outperform” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.20.

Sally Beauty Stock Down 6.0%

The stock has a 50-day moving average of $16.88 and a two-hundred day moving average of $15.18. The company has a market cap of $1.81 billion, a P/E ratio of 10.06 and a beta of 1.09. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.57 and a current ratio of 2.37.

Sally Beauty (NYSE:SBH) last issued its earnings results on Tuesday, November 10th. The specialty retailer reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.02. The business had revenue of $952.53 million during the quarter, compared to analyst estimates of $950.12 million. Sally Beauty had a return on equity of 24.36% and a net margin of 5.16%. Sally Beauty’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 earnings per share. Sally Beauty has set its Q1 2027 guidance at 0.480-0.520 EPS and its FY 2027 guidance at 2.200-2.300 EPS. On average, research analysts anticipate that Sally Beauty Holdings, Inc. will post 2.07 EPS for the current fiscal year.

Hedge Funds Weigh In On Sally Beauty

A number of large investors have recently added to or reduced their stakes in SBH. Global Retirement Partners LLC lifted its stake in Sally Beauty by 1,791.2% in the third quarter. Global Retirement Partners LLC now owns 1,721 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 1,630 shares during the last quarter. Fortitude Family Office LLC grew its stake in shares of Sally Beauty by 508.1% during the third quarter. Fortitude Family Office LLC now owns 1,727 shares of the specialty retailer’s stock valued at $28,000 after buying an additional 1,443 shares during the last quarter. Nykredit A S purchased a new position in shares of Sally Beauty in the second quarter worth about $28,000. KBC Group NV purchased a new position in shares of Sally Beauty in the first quarter worth about $39,000. Finally, Simplex Trading LLC increased its holdings in shares of Sally Beauty by 354.0% in the third quarter. Simplex Trading LLC now owns 3,497 shares of the specialty retailer’s stock worth $57,000 after buying an additional 4,874 shares during the period.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc. is a specialty retailer and distributor of professional beauty products. It serves both individual consumers and salon professionals through retail stores, online channels and professional distribution. The company operates Sally Beauty, which sells products such as hair color and care items, styling tools, nail products and skincare. Its CosmoProf business supplies salons and other beauty professionals with products, equipment and related educational resources. Sally Beauty traces its roots to a beauty supply store opened in New Orleans in 1964.