Sally Beauty (SBH) Stock Forecast, Price Target & Predictions

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SBH Stock Forecast

Sally Beauty stock forecast is as follows: an average price target of $12.33 (represents a -6.09% downside from SBH’s last price of $13.13) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.

SBH Price Target

The average price target for Sally Beauty (SBH) is $12.33 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $11.00. This represents a potential -6.09% downside from SBH's last price of $13.13.

SBH Analyst Ratings

Hold

According to 4 Wall Street analysts, Sally Beauty's rating consensus is 'Hold'. The analyst rating breakdown for SBH stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 2 'Hold' (50.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

Sally Beauty Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 15, 2024	Linda Bolton Weiser	D.A. Davidson	$13.00	$13.78	-5.66%	-0.99%
Jul 11, 2024	Korinne Wolfmeyer	Piper Sandler	$13.00	$9.94	30.78%	-0.99%
May 15, 2024	Linda Bolton Weiser	D.A. Davidson	$12.00	$11.42	5.08%	-8.61%
Apr 09, 2024	Korinne Wolfmeyer	Piper Sandler	$16.00	$10.75	48.84%	21.86%
Feb 06, 2023	-	D.A. Davidson	$17.00	$17.23	-1.33%	29.47%
Dec 15, 2022	-	Piper Sandler	$15.00	$12.22	22.75%	14.24%
Nov 14, 2022	-	D.A. Davidson	$11.50	$13.34	-13.79%	-12.41%
Aug 08, 2022	-	Morgan Stanley	$11.00	$14.16	-22.34%	-16.22%
Jun 16, 2022	Simeon Gutman	Morgan Stanley	$12.00	$13.46	-10.85%	-8.61%

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The latest Sally Beauty stock forecast, released on Nov 15, 2024 by Linda Bolton Weiser from D.A. Davidson, set a price target of $13.00, which represents a -5.66% decrease from the stock price at the time of the forecast ($13.78), and a -0.99% decrease from SBH last price ($13.13).

Sally Beauty Price Target by Period

	1M	3M	12M
# Anlaysts	1	1	4
Avg Price Target	$13.00	$13.00	$13.50
Last Closing Price	$13.13	$13.13	$13.13
Upside/Downside	-0.99%	-0.99%	2.82%

In the current month, the average price target of Sally Beauty stock is $13.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -0.99% decrease as opposed to Sally Beauty's last price of $13.13. This month's average price target is down 0.00% compared to last quarter, and down -3.70% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 15, 2024	Raymond James	-	Market Perform	Upgrade
Jul 11, 2024	Piper Sandler	Overweight	Overweight	Hold
Apr 17, 2024	Cowen & Co.	Hold	Hold	Hold
Apr 09, 2024	Piper Sandler	Overweight	Overweight	Hold
Feb 03, 2023	Morgan Stanley	Underweight	Underweight	Hold
Dec 15, 2022	Piper Sandler	-	Overweight	Initialise
Aug 08, 2022	Morgan Stanley	Underweight	Underweight	Hold
Jun 16, 2022	Morgan Stanley	-	Underweight	Downgrade

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Sally Beauty's last stock rating was published by Raymond James on Nov 15, 2024. The company Upgrade its SBH rating from "null" to "Market Perform".

Sally Beauty Financial Forecast

Sally Beauty Revenue Forecast

	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$931.30M	$921.36M	$931.01M	$918.71M	$957.05M	$962.46M	$961.47M	$911.39M	$980.25M	$990.26M	$1.02B	$926.33M	$936.02M	$957.81M	$705.29M
Avg Forecast	$961.65M	$969.90M	$943.85M	$963.85M	$955.46M	$965.26M	$935.52M	$957.97M	$941.17M	$950.40M	$921.86M	$943.33M	$935.88M	$931.77M	$910.72M	$929.49M	$930.48M	$945.42M	$889.02M	$921.80M	$946.39M	$951.03M	$951.53M	$993.30M	$976.53M	$983.41M	$824.98M	$967.88M	$988.54M	$696.72M
High Forecast	$965.86M	$974.15M	$947.99M	$968.07M	$959.65M	$969.49M	$939.62M	$962.17M	$945.30M	$954.56M	$925.89M	$947.42M	$935.93M	$931.77M	$914.71M	$935.63M	$931.28M	$949.56M	$892.92M	$925.84M	$946.39M	$951.03M	$951.53M	$993.30M	$976.53M	$983.41M	$824.98M	$967.88M	$988.54M	$696.72M
Low Forecast	$957.82M	$966.04M	$940.09M	$960.01M	$951.66M	$961.42M	$931.79M	$954.16M	$937.43M	$946.61M	$918.59M	$940.53M	$935.83M	$931.77M	$907.09M	$919.89M	$927.83M	$941.65M	$885.48M	$918.13M	$946.39M	$951.03M	$951.53M	$993.30M	$976.53M	$983.41M	$824.98M	$967.88M	$988.54M	$696.72M
# Analysts	2	2	2	2	2	2	2	1	1	1	4	4	2	2	2	4	5	4	4	3	3	3	3	4	4	4	4	4	9	9
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	0.99%	0.98%	1.03%	1.04%	1.02%	1.01%	0.96%	0.99%	1.01%	1.04%	1.12%	0.97%	0.97%	1.01%

Sally Beauty's average Quarter revenue forecast for Mar 24 based on 2 analysts is $910.72M, with a low forecast of $907.09M, and a high forecast of $914.71M. SBH's average Quarter revenue forecast represents a -2.21% decrease compared to the company's last Quarter revenue of $931.30M (Dec 23).

Sally Beauty EBITDA Forecast

	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
# Analysts	2	2	2	2	2	2	2	1	1	1	4	4	2	2	2	4	5	4	4	3	3	3	3	4	4	4	4	4	9	9
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$69.12M	$76.04M	$90.13M	$78.68M	$96.99M	$65.63M	$124.14M	$110.51M	$137.20M	$135.30M	$152.56M	$102.07M	$130.71M	$145.63M	$28.26M
Avg Forecast	$91.72M	$92.51M	$90.02M	$91.93M	$91.13M	$92.06M	$89.23M	$91.37M	$89.77M	$90.65M	$87.92M	$89.97M	$89.26M	$88.87M	$144.21M	$88.65M	$88.75M	$90.17M	$131.10M	$143.38M	$93.20M	$93.66M	$119.18M	$97.82M	$96.17M	$96.85M	$165.35M	$95.32M	$97.35M	$68.61M
High Forecast	$92.12M	$92.91M	$90.42M	$92.33M	$91.53M	$92.47M	$89.62M	$91.77M	$90.16M	$91.04M	$88.31M	$90.36M	$89.27M	$88.87M	$173.05M	$89.24M	$88.82M	$90.57M	$157.32M	$172.05M	$93.20M	$93.66M	$143.01M	$97.82M	$96.17M	$96.85M	$198.42M	$95.32M	$97.35M	$68.61M
Low Forecast	$91.35M	$92.14M	$89.66M	$91.56M	$90.77M	$91.70M	$88.87M	$91.00M	$89.41M	$90.28M	$87.61M	$89.70M	$89.26M	$88.87M	$115.36M	$87.74M	$88.49M	$89.81M	$104.88M	$114.70M	$93.20M	$93.66M	$95.34M	$97.82M	$96.17M	$96.85M	$132.28M	$95.32M	$97.35M	$68.61M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.78%	0.86%	1.00%	0.60%	0.68%	0.70%	1.33%	0.93%	1.40%	1.41%	1.58%	0.62%	1.37%	1.50%	0.41%

2 analysts predict SBH's average Quarter EBITDA for Mar 24 to be $144.21M, with a high of $173.05M and a low of $115.36M. This is 108.62% upper than Sally Beauty's previous annual EBITDA (Dec 23) of $69.12M.

Sally Beauty Net Income Forecast

	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
# Analysts	2	2	2	2	2	2	2	1	1	1	4	4	2	2	2	4	5	4	4	3	3	3	3	4	4	4	4	4	9	9
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$38.39M	$42.58M	$50.82M	$40.86M	$50.34M	$21.34M	$46.57M	$46.81M	$68.84M	$68.15M	$76.21M	$38.31M	$57.19M	$70.19M	$-23.53M
Avg Forecast	$62.68M	$56.89M	$45.83M	$51.09M	$61.10M	$55.83M	$43.98M	$48.72M	$55.66M	$51.80M	$40.38M	$44.77M	$50.79M	$42.50M	$61.08M	$38.75M	$48.11M	$52.04M	$55.53M	$71.94M	$51.09M	$62.23M	$50.48M	$63.54M	$53.86M	$65.96M	$62.07M	$49.64M	$59.04M	$-4.35M
High Forecast	$63.04M	$57.21M	$46.09M	$51.38M	$61.45M	$56.15M	$44.23M	$49.00M	$55.97M	$52.09M	$41.45M	$45.81M	$51.12M	$42.52M	$73.30M	$39.83M	$49.15M	$52.34M	$66.63M	$86.32M	$51.09M	$62.23M	$60.58M	$63.54M	$53.86M	$65.96M	$74.48M	$49.64M	$59.04M	$-4.35M
Low Forecast	$62.36M	$56.59M	$45.59M	$50.83M	$60.78M	$55.54M	$43.75M	$48.47M	$55.37M	$51.53M	$39.32M	$42.69M	$50.47M	$42.48M	$48.86M	$36.60M	$44.97M	$51.77M	$44.42M	$57.55M	$51.09M	$62.23M	$40.38M	$63.54M	$53.86M	$65.96M	$49.65M	$49.64M	$59.04M	$-4.35M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.99%	0.89%	0.98%	0.74%	0.70%	0.42%	0.75%	0.93%	1.08%	1.27%	1.16%	0.62%	1.15%	1.19%	5.40%

Sally Beauty's average Quarter net income forecast for Mar 24 is $61.08M, with a range of $48.86M to $73.30M. SBH's average Quarter net income forecast represents a 59.10% increase compared to the company's last Quarter net income of $38.39M (Dec 23).

Sally Beauty SG&A Forecast

	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
# Analysts	2	2	2	2	2	2	2	1	1	1	4	4	2	2	2	4	5	4	4	3	3	3	3	4	4	4	4	4	9	9
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$398.14M	$390.53M	$384.18M	$389.66M	$391.58M	$397.87M	$390.96M	$378.87M	$386.25M	$386.54M	$386.48M	$391.09M	$366.17M	$366.98M	$314.60M
Avg Forecast	$396.70M	$400.10M	$389.36M	$397.61M	$394.15M	$398.19M	$385.92M	$395.18M	$388.25M	$392.06M	$380.28M	$389.14M	$386.07M	$384.37M	$494.39M	$383.43M	$383.84M	$390.00M	$449.45M	$403.63M	$379.47M	$381.33M	$408.59M	$398.28M	$391.56M	$394.32M	$633.56M	$388.09M	$396.38M	$279.36M
High Forecast	$398.44M	$401.86M	$391.06M	$399.35M	$395.87M	$399.93M	$387.61M	$396.91M	$389.95M	$393.77M	$381.95M	$390.83M	$386.09M	$384.37M	$593.27M	$385.96M	$384.17M	$391.71M	$539.33M	$484.36M	$379.47M	$381.33M	$490.30M	$398.28M	$391.56M	$394.32M	$760.27M	$388.09M	$396.38M	$279.36M
Low Forecast	$395.12M	$398.51M	$387.81M	$396.02M	$392.58M	$396.60M	$384.38M	$393.61M	$386.71M	$390.50M	$378.93M	$387.99M	$386.05M	$384.37M	$395.51M	$379.47M	$382.75M	$388.45M	$359.56M	$322.90M	$379.47M	$381.33M	$326.87M	$398.28M	$391.56M	$394.32M	$506.85M	$388.09M	$396.38M	$279.36M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.04%	1.02%	0.99%	0.87%	0.97%	1.05%	1.03%	0.93%	0.97%	0.99%	0.98%	0.62%	0.94%	0.93%	1.13%

Sally Beauty's average Quarter SG&A projection for Mar 24 is $494.39M, based on 2 Wall Street analysts, with a range of $395.51M to $593.27M. The forecast indicates a 24.18% rise compared to SBH last annual SG&A of $398.14M (Dec 23).

Sally Beauty EPS Forecast

	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
# Analysts	2	2	2	2	2	2	2	1	1	1	4	4	2	2	2	4	5	4	4	3	3	3	3	4	4	4	4	4	9	9
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.36	$0.40	$0.47	$0.38	$0.47	$0.20	$0.44	$0.43	$0.61	$0.60	$0.68	$0.34	$0.51	$0.63	$-0.21
Avg Forecast	$0.59	$0.54	$0.43	$0.48	$0.58	$0.53	$0.42	$0.46	$0.53	$0.49	$0.38	$0.42	$0.48	$0.40	$0.40	$0.37	$0.46	$0.49	$0.37	$0.49	$0.48	$0.59	$0.51	$0.60	$0.51	$0.62	$0.15	$0.47	$0.56	$-0.04
High Forecast	$0.60	$0.54	$0.44	$0.49	$0.58	$0.53	$0.42	$0.47	$0.53	$0.49	$0.39	$0.43	$0.49	$0.40	$0.40	$0.38	$0.47	$0.50	$0.38	$0.49	$0.48	$0.59	$0.51	$0.60	$0.51	$0.62	$0.15	$0.47	$0.56	$-0.04
Low Forecast	$0.59	$0.54	$0.43	$0.48	$0.58	$0.53	$0.42	$0.46	$0.53	$0.49	$0.37	$0.41	$0.48	$0.40	$0.39	$0.35	$0.43	$0.49	$0.37	$0.48	$0.48	$0.59	$0.51	$0.60	$0.51	$0.62	$0.15	$0.47	$0.56	$-0.04
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.98%	0.88%	0.95%	1.02%	0.97%	0.41%	0.75%	0.84%	1.02%	1.18%	1.09%	2.31%	1.09%	1.13%	5.11%

According to 2 Wall Street analysts, Sally Beauty's projected average Quarter EPS for Mar 24 is $0.40, with a low estimate of $0.39 and a high estimate of $0.40. This represents a 9.72% increase compared to SBH previous annual EPS of $0.36 (Dec 23).

Sally Beauty Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
CONN	Conn's	$0.10	$5.50	5400.00%	Buy
LESL	Leslie's	$2.76	$8.47	206.88%	Hold
SPWH	Sportsman's Warehouse	$2.09	$6.29	200.96%	Hold
EYE	National Vision	$11.34	$28.38	150.26%	Hold
HZO	MarineMax	$28.96	$47.20	62.98%	Buy
FLWS	1-800-FLOWERS	$7.51	$9.50	26.50%	Buy
SBH	Sally Beauty	$13.13	$12.33	-6.09%	Hold
CASY	Casey's General Stores	$413.95	$380.00	-8.20%	Buy

SBH Forecast FAQ

Is Sally Beauty a good buy?

No, according to 4 Wall Street analysts, Sally Beauty (SBH) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of SBH's total ratings.

What is SBH's price target?

Sally Beauty (SBH) average price target is $12.33 with a range of $11 to $13, implying a -6.09% from its last price of $13.13. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Sally Beauty stock go up soon?

According to Wall Street analysts' prediction for SBH stock, the company can go down by -6.09% (from the last price of $13.13 to the average price target of $12.33), down by -0.99% based on the highest stock price target, and down by -16.22% based on the lowest stock price target.

Can Sally Beauty stock reach $20?

SBH's average twelve months analyst stock price target of $12.33 does not support the claim that Sally Beauty can reach $20 in the near future.

What is Sally Beauty's current price target trend?

1 Wall Street analyst forecast a $13 price target for Sally Beauty (SBH) this month, down -0.99% from its last price of $13.13. Compared to the last 3 and 12 months, the average price target decreased by -0.99% and increased by 2.82%, respectively.

What are Sally Beauty's analysts' financial forecasts?

Sally Beauty's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $3.81B (high $3.83B, low $3.8B), average EBITDA is $363.79M (high $365.38M, low $362.34M), average net income is $209.64M (high $210.83M, low $208.55M), average SG&A $1.57B (high $1.58B, low $1.57B), and average EPS is $1.99 (high $2, low $1.98). SBH's analysts financial forecasts for the fiscal year (Sep 2027) are as follows: average revenue is $3.84B (high $3.86B, low $3.82B), average EBITDA is $366.17M (high $367.78M, low $364.72M), average net income is $216.49M (high $217.72M, low $215.37M), average SG&A $1.58B (high $1.59B, low $1.58B), and average EPS is $2.06 (high $2.07, low $2.04).

Did the SBH's actual financial results beat the analysts' financial forecasts?

Based on Sally Beauty's last annual report (Sep 2023), the company's revenue was $3.73B, beating the average analysts forecast of $3.69B by 1.12%. Apple's EBITDA was $342.23M, missing the average prediction of $453.39M by -24.52%. The company's net income was $184.6M, missing the average estimation of $227.61M by -18.90%. Apple's SG&A was $1.56B, missing the average forecast of $1.63B by -4.36%. Lastly, the company's EPS was $1.72, missing the average prediction of $1.81 by -5.01%. In terms of the last quarterly report (Dec 2023), Sally Beauty's revenue was $931.3M, beating the average analysts' forecast of $929.49M by 0.19%. The company's EBITDA was $69.12M, missing the average prediction of $88.65M by -22.03%. Sally Beauty's net income was $38.39M, missing the average estimation of $38.75M by -0.93%. The company's SG&A was $398.14M, beating the average forecast of $383.43M by 3.84%. Lastly, the company's EPS was $0.36, missing the average prediction of $0.368 by -2.13%