Sally Beauty (SBH) Stock Forecast, Price Target & Predictions
SBH Stock Forecast
Sally Beauty stock forecast is as follows: an average price target of $12.00 (represents a -7.26% downside from SBH’s last price of $12.94) 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 $12.00 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 $11.00. This represents a potential -7.26% downside from SBH's last price of $12.94.
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 |
|---|---|---|---|---|---|---|
| Jul 11, 2024 | Korinne Wolfmeyer | Piper Sandler | $13.00 | $9.94 | 30.78% | 0.46% |
| May 15, 2024 | Linda Bolton Weiser | D.A. Davidson | $12.00 | $11.42 | 5.08% | -7.26% |
| Apr 09, 2024 | Korinne Wolfmeyer | Piper Sandler | $16.00 | $10.75 | 48.84% | 23.65% |
| Feb 06, 2023 | - | D.A. Davidson | $17.00 | $17.23 | -1.33% | 31.38% |
| Dec 15, 2022 | - | Piper Sandler | $15.00 | $12.22 | 22.75% | 15.92% |
| Nov 14, 2022 | - | D.A. Davidson | $11.50 | $13.34 | -13.79% | -11.13% |
| Aug 08, 2022 | - | Morgan Stanley | $11.00 | $14.16 | -22.34% | -14.99% |
| Jun 16, 2022 | Simeon Gutman | Morgan Stanley | $12.00 | $13.46 | -10.85% | -7.26% |
The latest Sally Beauty stock forecast, released on Jul 11, 2024 by Korinne Wolfmeyer from Piper Sandler, set a price target of $13.00, which represents a 30.78% increase from the stock price at the time of the forecast ($9.94), and a 0.46% increase from SBH last price ($12.94).
Sally Beauty Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $13.00 | $13.67 |
| Last Closing Price | $12.94 | $12.94 | $12.94 |
| Upside/Downside | -100.00% | 0.46% | 5.64% |
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 $12.94. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $931.30M | $921.36M | $931.01M | $918.71M | $957.05M | $962.46M | - | $911.39M | $980.25M | $990.26M | $1.02B | $926.33M | $936.02M | $957.81M | $705.29M | $871.02M | $980.21M | $965.94M | $975.17M |
| Avg Forecast | $977.70M | $980.90M | $947.70M | $968.10M | $944.02M | $950.50M | $917.04M | $939.57M | $935.78M | $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 | $868.98M | $995.21M | $955.06M | $986.30M |
| High Forecast | $979.29M | $982.49M | $949.24M | $969.67M | $945.55M | $952.04M | $918.53M | $941.09M | $937.43M | $933.28M | $912.20M | $935.63M | $931.28M | $946.95M | $890.46M | $923.30M | $947.93M | $951.03M | $960.98M | $1.00B | $986.23M | $993.18M | $833.17M | $977.50M | $998.36M | $703.64M | $877.61M | $1.01B | $964.55M | $996.10M |
| Low Forecast | $975.67M | $978.87M | $945.74M | $966.09M | $942.06M | $948.53M | $915.14M | $937.62M | $934.63M | $929.84M | $908.83M | $919.89M | $927.83M | $943.46M | $887.18M | $919.89M | $944.43M | $951.03M | $945.88M | $987.40M | $970.74M | $977.57M | $820.08M | $962.14M | $982.67M | $692.59M | $863.82M | $989.30M | $949.39M | $980.45M |
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.99% | 0.98% | 1.03% | 1.04% | 1.02% | - | 0.96% | 0.99% | 1.01% | 1.04% | 1.12% | 0.97% | 0.97% | 1.01% | 1.00% | 0.98% | 1.01% | 0.99% |
Sally Beauty's average Quarter revenue forecast for Mar 24 based on 2 analysts is $910.72M, with a low forecast of $908.83M, and a high forecast of $912.20M. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $69.12M | $76.04M | $90.13M | $78.68M | $96.99M | $65.63M | - | $110.51M | $137.20M | $135.30M | $152.56M | $102.07M | $130.71M | $145.63M | $28.26M | $70.19M | $121.46M | $143.32M | $147.28M |
| Avg Forecast | $96.29M | $96.60M | $93.33M | $95.34M | $92.97M | $93.61M | $90.31M | $92.53M | $92.16M | $91.76M | $144.21M | $91.54M | $91.64M | $93.11M | $131.10M | $90.78M | $123.23M | $93.66M | $119.18M | $130.34M | $97.42M | $137.80M | $165.35M | $122.36M | $127.42M | $18.46M | $67.00M | $140.98M | $129.80M | $142.20M |
| High Forecast | $96.44M | $96.76M | $93.48M | $95.49M | $93.12M | $93.76M | $90.46M | $92.68M | $92.32M | $91.91M | $173.05M | $92.14M | $91.71M | $93.26M | $157.32M | $90.93M | $147.88M | $93.66M | $143.01M | $156.41M | $116.90M | $165.36M | $198.42M | $146.84M | $152.91M | $22.15M | $80.39M | $169.18M | $155.76M | $170.64M |
| Low Forecast | $96.09M | $96.40M | $93.14M | $95.14M | $92.78M | $93.41M | $90.12M | $92.34M | $92.04M | $91.57M | $115.36M | $90.59M | $91.37M | $92.91M | $104.88M | $90.59M | $98.59M | $93.66M | $95.34M | $104.27M | $77.94M | $110.24M | $132.28M | $97.89M | $101.94M | $14.77M | $53.60M | $112.79M | $103.84M | $113.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.83% | 0.97% | 0.60% | 1.07% | 0.53% | - | 0.93% | 1.05% | 1.39% | 1.11% | 0.62% | 1.07% | 1.14% | 1.53% | 1.05% | 0.86% | 1.10% | 1.04% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $38.39M | $42.58M | $50.82M | $40.86M | $50.34M | $21.34M | - | $46.81M | $68.84M | $68.15M | $76.21M | $38.31M | $57.19M | $70.19M | $-23.53M | $13.37M | $53.22M | $69.01M | $71.16M |
| Avg Forecast | $63.54M | $58.24M | $48.71M | $52.95M | $53.36M | $49.68M | $39.59M | $43.93M | $50.35M | $42.72M | $61.08M | $38.95M | $48.36M | $52.31M | $55.53M | $51.54M | $62.07M | $62.92M | $50.48M | $65.40M | $49.07M | $68.83M | $62.07M | $53.54M | $61.41M | $-15.37M | $12.76M | $61.77M | $62.50M | $68.71M |
| High Forecast | $63.67M | $58.37M | $48.82M | $53.06M | $53.48M | $49.79M | $39.68M | $44.02M | $53.50M | $42.81M | $73.30M | $40.03M | $49.41M | $52.42M | $66.63M | $51.65M | $74.48M | $62.92M | $60.58M | $78.48M | $58.88M | $82.60M | $74.48M | $64.25M | $73.70M | $-12.29M | $15.31M | $74.12M | $75.00M | $82.45M |
| Low Forecast | $63.37M | $58.09M | $48.58M | $52.81M | $53.22M | $49.55M | $39.49M | $43.81M | $41.96M | $42.61M | $48.86M | $36.79M | $45.21M | $52.17M | $44.42M | $51.40M | $49.66M | $62.92M | $40.38M | $52.32M | $39.25M | $55.06M | $49.65M | $42.83M | $49.13M | $-18.44M | $10.21M | $49.41M | $50.00M | $54.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.88% | 0.97% | 0.74% | 0.98% | 0.34% | - | 0.93% | 1.05% | 1.39% | 1.11% | 0.62% | 1.07% | 1.14% | 1.53% | 1.05% | 0.86% | 1.10% | 1.04% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $398.14M | $390.53M | $384.18M | $389.66M | $391.58M | $397.87M | - | $378.87M | $386.25M | $386.54M | $386.48M | $391.09M | $366.17M | $366.98M | $314.60M | $383.30M | $377.93M | $363.95M | $360.18M |
| Avg Forecast | $392.03M | $393.31M | $380.00M | $388.18M | $378.52M | $381.12M | $367.71M | $376.74M | $375.22M | $373.61M | $494.39M | $372.70M | $373.09M | $379.08M | $449.45M | $369.61M | $352.06M | $381.33M | $408.59M | $366.94M | $278.31M | $349.08M | $633.56M | $342.80M | $321.11M | $205.50M | $365.88M | $438.67M | $329.62M | $347.76M |
| High Forecast | $392.66M | $393.95M | $380.62M | $388.81M | $379.14M | $381.74M | $368.30M | $377.35M | $375.88M | $374.22M | $593.27M | $375.16M | $373.41M | $379.70M | $539.33M | $370.21M | $422.47M | $381.33M | $490.30M | $440.32M | $333.97M | $418.90M | $760.27M | $411.36M | $385.33M | $246.59M | $439.05M | $526.40M | $395.54M | $417.32M |
| Low Forecast | $391.22M | $392.50M | $379.21M | $387.37M | $377.74M | $380.33M | $366.94M | $375.96M | $374.76M | $372.84M | $395.51M | $368.85M | $372.03M | $378.30M | $359.56M | $368.85M | $281.65M | $381.33M | $326.87M | $293.55M | $222.65M | $279.26M | $506.85M | $274.24M | $256.89M | $164.40M | $292.70M | $350.94M | $263.69M | $278.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.05% | 1.01% | 0.87% | 1.06% | 1.13% | - | 0.93% | 1.05% | 1.39% | 1.11% | 0.62% | 1.07% | 1.14% | 1.53% | 1.05% | 0.86% | 1.10% | 1.04% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 6 | 10 | 10 | 10 | 10 | 5 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $0.36 | $0.40 | $0.47 | $0.38 | $0.47 | $0.20 | - | $0.43 | $0.61 | $0.60 | $0.68 | $0.34 | $0.51 | $0.63 | $-0.21 | $0.12 | $0.46 | $0.58 | $0.59 |
| Avg Forecast | $0.60 | $0.55 | $0.46 | $0.50 | $0.50 | $0.47 | $0.37 | $0.41 | $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 | $0.22 | $0.56 | $0.53 | $0.58 |
| High Forecast | $0.60 | $0.55 | $0.46 | $0.50 | $0.50 | $0.47 | $0.37 | $0.42 | $0.51 | $0.40 | $0.40 | $0.38 | $0.47 | $0.50 | $0.37 | $0.49 | $0.48 | $0.59 | $0.52 | $0.61 | $0.52 | $0.63 | $0.15 | $0.47 | $0.56 | $-0.04 | $0.22 | $0.57 | $0.54 | $0.58 |
| Low Forecast | $0.60 | $0.55 | $0.46 | $0.50 | $0.50 | $0.47 | $0.37 | $0.41 | $0.40 | $0.40 | $0.39 | $0.35 | $0.43 | $0.49 | $0.37 | $0.49 | $0.48 | $0.59 | $0.51 | $0.60 | $0.50 | $0.62 | $0.15 | $0.47 | $0.55 | $-0.04 | $0.22 | $0.56 | $0.53 | $0.57 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.88% | 0.95% | 1.02% | 0.97% | 0.41% | - | 0.84% | 1.02% | 1.18% | 1.09% | 2.31% | 1.09% | 1.13% | 5.11% | 0.54% | 0.82% | 1.09% | 1.03% |
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 |
| EYE | National Vision | $10.88 | $30.86 | 183.64% | Buy |
| LESL | Leslie's | $3.00 | $8.47 | 182.33% | Hold |
| SPWH | Sportsman's Warehouse | $2.93 | $6.29 | 114.68% | Hold |
| HZO | MarineMax | $33.90 | $47.00 | 38.64% | Buy |
| FLWS | 1-800-FLOWERS | $7.94 | $9.50 | 19.65% | Buy |
| CASY | Casey's General Stores | $381.63 | $376.50 | -1.34% | Buy |
| SBH | Sally Beauty | $12.94 | $12.00 | -7.26% | Buy |
SBH Forecast FAQ
Is Sally Beauty a good buy?
Yes, according to 3 Wall Street analysts, Sally Beauty (SBH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of SBH's total ratings.
What is SBH's price target?
Sally Beauty (SBH) average price target is $12 with a range of $11 to $13, implying a -7.26% from its last price of $12.94. The data is based on 3 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 -7.26% (from the last price of $12.94 to the average price target of $12), up by 0.46% based on the highest stock price target, and down by -14.99% based on the lowest stock price target.
Can Sally Beauty stock reach $20?
SBH's average twelve months analyst stock price target of $12 does not support the claim that Sally Beauty can reach $20 in the near future.
What are Sally Beauty's analysts' financial forecasts?
Sally Beauty's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $3.75B (high $3.76B, low $3.74B), average EBITDA is $369.42M (high $370.02M, low $368.65M), average net income is $186.56M (high $186.96M, low $186.06M), average SG&A $1.5B (high $1.51B, low $1.5B), and average EPS is $1.76 (high $1.77, low $1.76). SBH's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $3.87B (high $3.88B, low $3.87B), average EBITDA is $381.56M (high $382.18M, low $380.77M), average net income is $223.44M (high $223.91M, low $222.84M), average SG&A $1.55B (high $1.56B, low $1.55B), and average EPS is $2.11 (high $2.11, low $2.1).
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 $406.62M by -15.83%. The company's net income was $184.6M, missing the average estimation of $207.74M by -11.14%. Apple's SG&A was $1.56B, missing the average forecast of $1.57B by -0.97%. 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 $91.54M by -24.49%. Sally Beauty's net income was $38.39M, missing the average estimation of $38.95M by -1.44%. The company's SG&A was $398.14M, beating the average forecast of $372.7M by 6.83%. Lastly, the company's EPS was $0.36, missing the average prediction of $0.368 by -2.13%