Stocks · Consumer Cyclical · Specialty Retail
Sally Beauty Holdings, Inc. SBH
$16.04 -1.23% Close, Oct 5, 2026 · NYSE · Market cap $1.55B
Inexpensive vs sector
Next earnings report: Nov 12, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 6 quarters (average surprise over the last four: +6.4%).
- Net debt is 3.4× EBITDA, a high level of leverage.
- The stock is in an uptrend: above its 200-day average for 51 trading days, with the 50-day average above the 200-day.
PromtFinance scores
Each score is a percentile within the Consumer Cyclical sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 38%
- EPS growth (TTM, YoY)Top 50%
- FCF growth (TTM, YoY)Top 34%
- Revenue growth, 3-year CAGRBottom 36%
- Revenue growth accelerationTop 44%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 34%
- Gross marginTop 19%
- Operating marginTop 43%
- Cash conversion (OCF / net income)Top 44%
- Accruals (lower is better)Top 47%
- Net debt / EBITDA (lower is better)Bottom 39%
- Interest coverTop 42%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 6%
- Free-cash-flow yieldTop 11%
- EBITDA / enterprise valueTop 14%
- Sales / enterprise valueTop 30%
- P/E vs own 5-year history (lower is better)Bottom 36%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 45%
- 6-month returnTop 26%
- 1-year return vs S&P 500Top 43%
- Distance from 52-week highTop 12%
- Trend checklist (0–4)Top 34%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 43%
- Consecutive EPS beatsTop 20%
- Share of analysts rating BuyBottom 17%
- Upside to consensus price targetBottom 10%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 32%
- Maximum drawdown, 3 yearsTop 33%
- Beta vs S&P 500 (lower is better)Top 49%
- Net debt / EBITDA (lower is better)Bottom 39%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 0.8% | 1.1% | ↑ |
| EPS growth (YoY) | 1.7% | 3.2% | ↑ |
| Gross margin | 51.4% | 52.1% | ↑ |
| Operating margin | 8.9% | 8.4% | ↓ |
| FCF margin | 4.6% | 6.5% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 1.1% | 0.8% | ↑ | Bottom 38% |
| EPS growth (TTM, YoY) | 3.2% | 1.7% | ↑ | Top 50% |
| Gross margin | 52.1% | 51.4% | ↑ | Top 19% |
| Operating margin | 8.4% | 8.9% | ↓ | Top 43% |
| Net margin | 5.2% | 5.3% | ↓ | — |
| Free-cash-flow margin | 6.5% | 4.6% | ↑ | — |
| Return on invested capital | 9.4% | — | Top 34% | |
| Revenue growth, 3-year CAGR | -1.0% | — | Bottom 36% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.92×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -6.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -1.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.44×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 5.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 5.93%
- Shareholder yield
- 5.93%
- Share count change, 1 year
- -5.2%
- Share count change, 3-year CAGR
- -3.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 3, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 6
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +6.4%
- Average 2-day reaction, last 8
- +7.2%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $16.17
- Target vs current price
- +0.8%
- Analysts with a rating
- 30
- Share rating Buy or Strong Buy
- 30%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 3, 2026 | +0.9% | +7.7% | +12.4% | +10.6% | — |
| May 11, 2026 | +7.3% | -7.5% | -15.2% | -9.6% | +12.5% |
| Feb 9, 2026 | +2.1% | +5.2% | +1.0% | -9.7% | -15.0% |
| Nov 13, 2025 | +15.1% | -1.6% | -4.6% | +5.9% | +6.3% |
| Aug 5, 2025 | +21.4% | +17.0% | +18.9% | +44.4% | +54.7% |
| May 12, 2025 | +7.7% | +22.2% | +12.2% | +9.2% | +47.4% |
| Feb 13, 2025 | +0.0% | +4.5% | +1.5% | -2.3% | -11.0% |
| Nov 14, 2024 | +6.4% | +10.0% | +4.8% | +0.5% | -26.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 3, 2026 | $0.55 | $0.55 | +0.9% | $935.5M |
| May 11, 2026 | $0.44 | $0.41 | +7.3% | $903.4M |
| Feb 9, 2026 | $0.48 | $0.47 | +2.1% | $943.2M |
| Nov 13, 2025 | $0.55 | $0.48 | +15.1% | $947.1M |
| Aug 5, 2025 | $0.51 | $0.42 | +21.4% | $933.3M |
| May 12, 2025 | $0.42 | $0.39 | +7.7% | $883.1M |
| Feb 13, 2025 | $0.43 | $0.43 | +0.0% | $937.9M |
| Nov 14, 2024 | $0.50 | $0.47 | +6.4% | $935.0M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 8.4× | 7.7× | 67th | Top 6% |
| P/E (forward) | 7.8× | — | — | — |
| EV / EBITDA | 7.4× | — | — | Top 14% |
| EV / Sales | 0.78× | — | — | Top 30% |
| Free-cash-flow yield | 15.57% | — | — | Top 11% |
| Earnings yield | 11.97% | — | — | Top 6% |
P/E over the past five years
Range 5.1× – 11.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -1.0%
- Earnings per share growth (TTM)
- +3.2%
- Change in P/E multiple
- +34.0%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 51
- 50-day average slope (20 days)
- +4.4%
- 200-day average slope (20 days)
- +0.6%
- Distance from 50-day average
- -1.4%
- Distance from 200-day average
- +7.8%
- RSI (14)
- 46.0
- Relative volume
- 1.16×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 34.9%
- Volatility vs own 5-year history
- 1th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.03
- Correlation with S&P 500
- 0.37
- Current drawdown from 1-year high
- -6.6%
- Maximum drawdown, 3 years
- -45.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 7, 2021 | Oct 13, 2023 | -71.3% | 613 days | Not yet recovered |
| Oct 8, 2020 | Oct 30, 2020 | -15.4% | 16 days | 6 days (Nov 9, 2020) |
| Mar 15, 2021 | Mar 24, 2021 | -10.6% | 7 days | 30 days (May 6, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.55B
- P/E (TTM)
- 8.4
- EPS, diluted (TTM)
- $1.92
- Revenue (TTM)
- $3.73B
- 52-week range
- $11.54 – $17.92
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.87B | $3.82B | $3.73B | $3.72B | $3.70B |
| Gross profit | $1.95B | $1.94B | $1.89B | $1.89B | $1.91B |
| Operating income | $418.4M | $337.6M | $325.0M | $282.7M | $327.8M |
| Net income | $239.9M | $183.6M | $184.6M | $153.4M | $195.9M |
| EPS (diluted) | $2.10 | $1.66 | $1.69 | $1.43 | $1.89 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $935.0M | $937.9M | $883.1M | $933.3M | $947.1M | $943.2M | $903.4M | $935.5M |
| Net income | $48.1M | $61.0M | $39.2M | $45.7M | $49.9M | $45.6M | $42.7M | $54.1M |
| EPS (diluted) | $0.46 | $0.58 | $0.38 | $0.44 | $0.49 | $0.45 | $0.43 | $0.55 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $381.9M | $156.5M | $249.3M | $246.5M | $274.8M |
| Capital expenditure | -$73.9M | -$99.3M | -$90.7M | -$101.2M | -$102.1M |
| Free cash flow | $308.0M | $57.3M | $158.6M | $145.4M | $172.7M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $3.6M | -$130.3M | -$15.2M | -$60.4M | -$54.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $173.1M
- Total assets
- $2.88B
- Total liabilities
- $2.01B
- Total debt
- $1.52B
- Net debt
- $1.34B
- Shareholders’ equity
- $871.5M
As of Jun 30, 2026 (filed Aug 3, 2026).
Short interest
- Shares sold short
- 19,898,465
- Days to cover
- 17.90
- Change vs previous report
- -1.4%
FINRA short interest, settlement date Sep 15, 2026.