Jefferies (NYSE:JEF) analyst Stephanie Wissink maintained a Hold rating on Sally Beauty (NYSE:SBH) Holdings on Tuesday, setting a price target of $25, which is approximately 31.86% above the present share price of $18.96.
Wissink expects Sally Beauty Holdings to post earnings per share (EPS) of $0.68 for the third quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Sally Beauty, with an average price target of $24.67.
The analysts price targets range from a high of $30 to a low of $22.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.02 billion and a net profit of $127.93 million. The company's market cap is $2.14 billion.
According to TipRanks.com, Jefferies analyst Stephanie Wissink is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.0% and a 53.68% success rate.
Sally Beauty Holdings, Inc. is an international retailer and distributor of professional beauty supplies. It operates through the following segments: Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment is an open-line and exclusive-label distributor of professional beauty supplies to both retail consumers and salon professionals primarily in North America, South America, and Europe. The Beauty Systems Group segment is a full-service beauty supply distributor offering professional brands directly to salons and salon professionals primarily in North America. The company was founded in 1964 and is headquartered in Denton, TX.