Hibbett (HIBB) Stock Price, News & Analysis

Company Overview

Hibbett, Inc. together with its subsidiaries, engages in the retail of athletic-inspired fashion products in the United States. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, team sports equipment, and related accessories. The company operates Hibbett stores, City Gear stores, and Sports Additions athletic shoe stores. It also sells its products through online channels. The company was founded in 1945 and is headquartered in Birmingham, Alabama.

Key Stats

• Today's Range: $87.49 to $87.49
• 50-Day Range: $86.88 to $87.49
• 52-Week Range: $36.77 to $87.53
• Volume: N/A
• Average Volume: 417,823 shs
• Market Capitalization: $1.05 billion
• P/E Ratio: 10.77
• Dividend Yield: 1.14%
• Price Target: $83.50
• Consensus Rating: Hold

Hibbett Stock Analysis - MarketRank™

Hibbett scored higher than 22% of companies evaluated by MarketBeat, and ranked 193rd out of 218 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Hibbett has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hibbett has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.62%

Earnings Growth

Earnings for Hibbett are expected to grow by 5.62% in the coming year, from $8.00 to $8.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hibbett is 10.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.62.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hibbett is 10.77, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 107.82.

Price to Earnings Growth Ratio

Hibbett has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Hibbett has a P/B Ratio of 2.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HIBB.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Hibbett pays a meaningful dividend of 1.14%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hibbett does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hibbett is 12.32%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Hibbett will have a dividend payout ratio of 11.83% next year. This indicates that Hibbett will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -4.16

Short Interest

There is no current short interest data available for HIBB.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: 0.19

News Coverage This Week

MarketBeat has tracked 7 news articles for Hibbett this week, compared to 5 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hibbett insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.98% of the stock of Hibbett is held by insiders.

Percentage Held by Institutions

94.08% of the stock of Hibbett is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HIBB Stock Analysis - Frequently Asked Questions

How were Hibbett's earnings last quarter?

Hibbett, Inc. (NASDAQ:HIBB) posted its quarterly earnings data on Wednesday, June, 5th. The company reported $2.67 earnings per share for the quarter, missing the consensus estimate of $2.68 by $0.01. The firm's quarterly revenue was down 1.8% on a year-over-year basis.

Does Hibbett have any subsidiaries?

The following companies are subsidiaries of Hibbett: City Gear, Gift Card Services LLC., Hibbett Digital Management LLC, Hibbett Holdings LLC, Hibbett Sporting Goods Inc., and Hibbett Wholesale Inc..

Who are Hibbett's major shareholders?

Top institutional investors of Hibbett include Walleye Capital LLC and PEAK6 Investments LLC. Insiders that own company stock include Michael E Longo, Ronald P Blahnik, David Mitchell Benck, William G Quinn, Dorlisa K Flur, James A Hilt and Terrance G Finley.
View institutional ownership trends.

What other stocks do shareholders of Hibbett own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hibbett investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), Chipotle Mexican Grill (CMG) and Broadcom (AVGO).

Company Calendar

• Last Earnings: 6/05/2024
• Today: 12/24/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Miscellaneous shopping goods stores
• Sub-Industry: Specialty Stores
• Current Symbol: NASDAQ:HIBB
• CUSIP: 42856710
• CIK: 1017480
• Web: www.hibbett.com
• Phone: (205) 942-4292
• Fax: 205-912-7290
• Employees: 11,000
• Year Founded: 1945

Price Target and Rating

• Average Stock Price Target: $83.50
• High Stock Price Target: $87.50
• Low Stock Price Target: $73.00
• Potential Upside/Downside: -4.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.12
• Trailing P/E Ratio: 10.77
• Forward P/E Ratio: 10.94
• P/E Growth: 1.43
• Net Income: $103.16 million
• Net Margins: 5.80%
• Pretax Margin: 7.45%
• Return on Equity: 24.15%
• Return on Assets: 10.58%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.84
• Quick Ratio: 0.27

Sales & Book Value

• Annual Sales: $1.73 billion
• Price / Sales: 0.60
• Cash Flow: $12.92 per share
• Price / Cash Flow: 6.77
• Book Value: $35.60 per share
• Price / Book: 2.46

Miscellaneous

• Outstanding Shares: 11,950,000
• Free Float: 11,592,000
• Market Cap: $1.05 billion
• Optionable: Optionable
• Beta: 1.88