Hibbett Sports Stock Today

HIBB Stock  USD 86.15  0.05  0.06%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 8

 
High
 
Low
Low
Hibbett Sports is trading at 86.15 as of the 26th of April 2024, a 0.06 percent up since the beginning of the trading day. The stock's open price was 86.1. Hibbett Sports has only a 8 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Hibbett Sports are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of March 2024 and ending today, the 26th of April 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
10th of October 1996
Category
Consumer Cyclical
Classification
Consumer Discretionary
Hibbett, Inc. together with its subsidiaries, engages in the retail of athletic-inspired fashion products in small and mid-sized communities in the United States. Hibbett, Inc. was founded in 1945 and is headquartered in Birmingham, Alabama. Hibbett operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. The company has 11.8 M outstanding shares of which 1.49 M shares are currently shorted by private and institutional investors with about 4.27 trading days to cover. More on Hibbett Sports

Moving against Hibbett Stock

  0.43LL LL Flooring HoldingsPairCorr
  0.42DLTH Duluth Holdings Financial Report 6th of June 2024 PairCorr

Hibbett Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hibbett Sports' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hibbett Sports or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJeffry Rosenthal
Thematic Ideas
(View all Themes)
Business ConcentrationOther Specialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, Apparel, Sports, Consumer Discretionary, Specialty Retail, Apparel Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Hibbett Sports report their recommendations after researching Hibbett Sports' financial statements, talking to executives and customers, or listening in on Hibbett Sports' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hibbett Sports. The Hibbett consensus assessment is calculated by taking the average forecast from all of the analysts covering Hibbett Sports.
Financial Strength
Based on the key indicators related to Hibbett Sports' liquidity, profitability, solvency, and operating efficiency, Hibbett Sports is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May. Financial strength of Hibbett Sports is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.10.1627
Way Down
Very volatile
Asset Turnover2.32.0192
Fairly Up
Very volatile
Gross Profit Margin0.260.3577
Way Down
Pretty Stable
Total Current Liabilities248 M236.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total266.7 M254 M
Sufficiently Up
Slightly volatile
Total Assets954.7 M909.2 M
Sufficiently Up
Slightly volatile
Total Current Assets257.7 M406.7 M
Way Down
Slightly volatile
Total Cash From Operating Activities64.8 M118.7 M
Way Down
Slightly volatile
Hibbett Sports' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hibbett Sports' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hibbett Sports' financial leverage. It provides some insight into what part of Hibbett Sports' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Hibbett Sports' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Hibbett Sports deploys its capital and how much of that capital is borrowed.
Liquidity
Hibbett Sports cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 45.3 M in liabilities with Debt to Equity (D/E) ratio of 1.22, which is about average as compared to similar companies. Hibbett Sports has a current ratio of 1.29, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Debt can assist Hibbett Sports until it has trouble settling it off, either with new capital or with free cash flow. So, Hibbett Sports' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hibbett Sports sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hibbett to invest in growth at high rates of return. When we think about Hibbett Sports' use of debt, we should always consider it together with cash and equity.

Sale Purchase Of Stock

(55.87 Million)
Hibbett Sports (HIBB) is traded on NASDAQ Exchange in USA. It is located in 2700 Milan Court, Birmingham, AL, United States, 35211 and employs 3,950 people. Hibbett Sports is listed under Other Specialty Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hibbett Sports's market, we take the total number of its shares issued and multiply it by Hibbett Sports's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hibbett Sports conducts business under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 11.8 M outstanding shares of which 1.49 M shares are currently shorted by private and institutional investors with about 4.27 trading days to cover. Hibbett Sports currently holds about 28.47 M in cash with 118.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22.
Check Hibbett Sports Probability Of Bankruptcy
Ownership Allocation
Hibbett Sports secures a total of 11.8 Million outstanding shares. The majority of Hibbett Sports outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hibbett Sports to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Hibbett Sports. Please pay attention to any change in the institutional holdings of Hibbett Sports as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Hibbett Ownership Details

Hibbett Stock Price Odds Analysis

What are Hibbett Sports' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Hibbett Sports jumping above the current price in 90 days from now is near 1%. The Hibbett Sports probability density function shows the probability of Hibbett Sports stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Hibbett Sports has a beta of -0.4233. This usually indicates as returns on the benchmark increase, returns on holding Hibbett Sports are expected to decrease at a much lower rate. During a bear market, however, Hibbett Sports is likely to outperform the market. Additionally, hibbett Sports has an alpha of 0.4917, implying that it can generate a 0.49 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 86.15HorizonTargetOdds Above 86.15
99.59%90 days
 86.15 
0.40%
Based on a normal probability distribution, the odds of Hibbett Sports to move above the current price in 90 days from now is near 1 (This Hibbett Sports probability density function shows the probability of Hibbett Stock to fall within a particular range of prices over 90 days) .

Hibbett Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Hibbett Sports that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hibbett Sports' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hibbett Sports' value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-12-31
232.4 K
Millennium Management Llc2023-12-31
216.6 K
Smith Graham & Co Inv Adv, L.p.**2023-12-31
209.4 K
Skylands Capital, Llc2023-12-31
184.2 K
American Century Companies Inc2023-12-31
173.1 K
Amvescap Plc.2023-12-31
172 K
Marshall Wace Asset Management Ltd2023-12-31
167.8 K
Bank Of New York Mellon Corp2023-12-31
159.3 K
Goldman Sachs Group Inc2023-12-31
149.7 K
Blackrock Inc2023-12-31
2.1 M
Vanguard Group Inc2023-12-31
892.2 K
View Hibbett Sports Diagnostics

Hibbett Sports Historical Income Statement

Hibbett Sports Income Statement is one of the three primary financial statements used for reporting Hibbett's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hibbett Sports revenue and expense. Hibbett Sports Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Hibbett Sports' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 6 M, whereas Operating Income is forecasted to decline to about 77.1 M. View More Fundamentals

Hibbett Stock Against Markets

Picking the right benchmark for Hibbett Sports stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hibbett Sports stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hibbett Sports is critical whether you are bullish or bearish towards Hibbett Sports at a given time. Please also check how Hibbett Sports' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hibbett Sports without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hibbett Sports Corporate Directors

Hibbett Sports corporate directors refer to members of a Hibbett Sports board of directors. The board of directors generally takes responsibility for the Hibbett Sports' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hibbett Sports' board members must vote for the resolution. The Hibbett Sports board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Carl KirklandIndependent DirectorProfile
Karen EtzkornDirectorProfile
Alton YotherLead Independent DirectorProfile
Jane AggersIndependent DirectorProfile

How to buy Hibbett Stock?

Before investing in Hibbett Sports, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hibbett Sports. To buy Hibbett Sports stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hibbett Sports. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Hibbett Sports stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Hibbett Sports stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Hibbett Sports stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hibbett Sports, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hibbett Stock please use our How to Invest in Hibbett Sports guide.

Already Invested in Hibbett Sports?

The danger of trading Hibbett Sports is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hibbett Sports is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hibbett Sports. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hibbett Sports is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hibbett Sports offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hibbett Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hibbett Sports Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hibbett Sports Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hibbett Sports. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Hibbett Stock refer to our How to Trade Hibbett Stock guide.
Note that the Hibbett Sports information on this page should be used as a complementary analysis to other Hibbett Sports' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Hibbett Sports' price analysis, check to measure Hibbett Sports' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hibbett Sports is operating at the current time. Most of Hibbett Sports' value examination focuses on studying past and present price action to predict the probability of Hibbett Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hibbett Sports' price. Additionally, you may evaluate how the addition of Hibbett Sports to your portfolios can decrease your overall portfolio volatility.
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Is Hibbett Sports' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hibbett Sports. If investors know Hibbett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hibbett Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.13)
Dividend Share
1
Earnings Share
8.17
Revenue Per Share
139.832
Quarterly Revenue Growth
0.018
The market value of Hibbett Sports is measured differently than its book value, which is the value of Hibbett that is recorded on the company's balance sheet. Investors also form their own opinion of Hibbett Sports' value that differs from its market value or its book value, called intrinsic value, which is Hibbett Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hibbett Sports' market value can be influenced by many factors that don't directly affect Hibbett Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hibbett Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hibbett Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hibbett Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.