Sally Beauty (SBH) Stock Forecast, Price Target & Predictions
SBH Stock Forecast
Sally Beauty stock forecast is as follows: an average price target of $13.00 (represents a 12.55% upside from SBH’s last price of $11.55) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
SBH Price Target
The average price target for Sally Beauty (SBH) is $13.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $13.00. This represents a potential 12.55% upside from SBH's last price of $11.55.
SBH Analyst Ratings
According to 3 Wall Street analysts, Sally Beauty's rating consensus is 'Buy'. The analyst rating breakdown for SBH stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 1 'Hold' (33.33%), 1 'Sell' (33.33%), 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% | 12.55% |
| Jul 11, 2024 | Korinne Wolfmeyer | Piper Sandler | $13.00 | $9.94 | 30.78% | 12.55% |
| May 15, 2024 | Linda Bolton Weiser | D.A. Davidson | $12.00 | $11.42 | 5.08% | 3.90% |
| Apr 09, 2024 | Korinne Wolfmeyer | Piper Sandler | $16.00 | $10.75 | 48.84% | 38.53% |
| Feb 06, 2023 | D.A. Davidson | $17.00 | $17.23 | -1.33% | 47.19% | |
| Dec 15, 2022 | Piper Sandler | $15.00 | $12.22 | 22.75% | 29.87% | |
| Nov 14, 2022 | D.A. Davidson | $11.50 | $13.34 | -13.79% | -0.43% | |
| Aug 08, 2022 | Morgan Stanley | $11.00 | $14.16 | -22.34% | -4.76% | |
| Jun 16, 2022 | Simeon Gutman | Morgan Stanley | $12.00 | $13.46 | -10.85% | 3.90% |
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 12.55% increase from SBH last price ($11.55).
Sally Beauty Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $13.00 | $13.50 |
| Last Closing Price | $11.55 | $11.55 | $11.55 |
| Upside/Downside | -100.00% | 12.55% | 16.88% |
In the current month, the average price target of Sally Beauty stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sally Beauty's last price of $11.55. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
Sally Beauty's last stock rating was published by Piper Sandler on Jul 11, 2024. The company gave SBH a "Overweight" rating, the same as its previous rate.
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 | $941.31M | $950.40M | $922.08M | $943.81M | $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 | $965.56M | $973.84M | $947.69M | $967.77M | $959.34M | $969.18M | $939.32M | $961.87M | $945.14M | $954.26M | $925.89M | $949.70M | $935.93M | $931.77M | $914.42M | $935.63M | $931.28M | $949.26M | $892.63M | $925.55M | $946.39M | $951.03M | $951.53M | $993.30M | $976.53M | $983.41M | $824.98M | $967.88M | $988.54M | $696.72M |
| Low Forecast | $958.00M | $966.22M | $940.27M | $960.19M | $951.84M | $961.60M | $931.97M | $954.34M | $937.74M | $946.79M | $918.59M | $937.81M | $935.83M | $931.77M | $907.27M | $919.89M | $927.83M | $941.83M | $885.65M | $918.30M | $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 $907.27M, and a high forecast of $914.42M. 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 | $89.78M | $90.65M | $87.94M | $90.02M | $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 | $92.09M | $92.88M | $90.39M | $92.30M | $91.50M | $92.44M | $89.59M | $91.74M | $90.14M | $91.01M | $88.31M | $90.58M | $89.27M | $88.87M | $173.05M | $89.24M | $88.82M | $90.54M | $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 | $91.37M | $92.15M | $89.68M | $91.58M | $90.78M | $91.71M | $88.89M | $91.02M | $89.44M | $90.30M | $87.61M | $89.45M | $89.26M | $88.87M | $115.36M | $87.74M | $88.49M | $89.83M | $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 | $56.01M | $52.32M | $40.56M | $45.30M | $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 | $63.01M | $57.19M | $46.07M | $51.36M | $61.42M | $56.13M | $44.21M | $48.98M | $56.31M | $52.60M | $41.63M | $46.35M | $51.12M | $42.52M | $73.30M | $39.83M | $49.15M | $52.32M | $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 | $62.37M | $56.61M | $45.60M | $50.84M | $60.80M | $55.56M | $43.76M | $48.48M | $55.73M | $52.06M | $39.49M | $43.19M | $50.47M | $42.48M | $48.86M | $36.60M | $44.97M | $51.78M | $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 | $388.31M | $392.06M | $380.38M | $389.34M | $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 | $398.31M | $401.73M | $390.94M | $399.22M | $395.75M | $399.81M | $387.49M | $396.79M | $389.89M | $393.65M | $381.95M | $391.77M | $386.09M | $384.37M | $593.27M | $385.96M | $384.17M | $391.59M | $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 | $395.19M | $398.58M | $387.88M | $396.10M | $392.65M | $396.68M | $384.45M | $393.68M | $386.84M | $390.57M | $378.93M | $386.86M | $386.05M | $384.37M | $395.51M | $379.47M | $382.75M | $388.52M | $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 | $0.50 | $0.39 | $0.43 | $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 | $0.46 | $0.53 | $0.50 | $0.40 | $0.44 | $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 |
|---|---|---|---|---|---|
| LESL | Leslie's | $2.29 | $3.45 | 50.66% | Hold |
| HZO | MarineMax | $31.07 | $42.50 | 36.79% | Buy |
| SPWH | Sportsman's Warehouse | $2.59 | $3.25 | 25.48% | Hold |
| EYE | National Vision | $11.40 | $14.00 | 22.81% | Hold |
| SBH | Sally Beauty | $12.29 | $13.00 | 5.78% | Buy |
| CASY | Casey's General Stores | $421.39 | $406.75 | -3.47% | Buy |
| FLWS | 1-800-FLOWERS | $7.49 | $7.00 | -6.54% | Buy |