Sally Beauty (NYSE:SBH) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Sally Beauty Holdings, Inc. (NYSE:SBH) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.47 and traded as high as $14.48. Sally Beauty shares last traded at $14.0970, with a volume of 2,033,128 shares.

Wall Street Analyst Weigh In

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

Sally Beauty Stock Down 1.6%

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 business’s 50 day moving average price is $13.35 and its 200 day moving average price is $14.47. The firm has a market cap of $1.34 billion, a PE ratio of 7.79 and a beta of 1.04.

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

Insider Activity at Sally Beauty

In other Sally Beauty news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $12.70, for a total transaction of $543,191.70. Following the completion of the transaction, the chief financial officer owned 138,145 shares of the company’s stock, valued at $1,754,441.50. This represents a 23.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.00% of the stock is owned by insiders.

Institutional Trading of Sally Beauty

Several large investors have recently made changes to their positions in the company. Osaic Holdings Inc. raised its stake in Sally Beauty by 1,365.0% in the 2nd quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 2,730 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Sally Beauty by 392.5% in the 3rd 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 stake in Sally Beauty during the 2nd quarter worth $34,000. iSAM Funds UK Ltd acquired a new stake in Sally Beauty during the 3rd quarter worth $35,000. Finally, Intesa Sanpaolo Wealth Management purchased a new stake in shares of Sally Beauty during the fourth quarter worth $36,000.

Sally Beauty Company Profile

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.