Is Hibbett Sports Stock a Good Investment?
Hibbett Sports Investment Advice | HIBB |
- Examine Hibbett Sports' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Hibbett Sports' leadership team and their track record. Good management can help Hibbett Sports navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Other Specialty Retail space and any emerging trends that could impact Hibbett Sports' business and its evolving consumer preferences.
- Compare Hibbett Sports' performance and market position to its competitors. Analyze how Hibbett Sports is positioned in terms of product offerings, innovation, and market share.
- Check if Hibbett Sports pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Hibbett Sports' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Hibbett Sports stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Hibbett Sports is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Hibbett Sports Stock
Researching Hibbett Sports' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The book value of Hibbett Sports was currently reported as 35.53. The company recorded earning per share (EPS) of 8.17. Hibbett Sports last dividend was issued on the 20th of March 2024. The entity had 3:2 split on the 28th of September 2005.
To determine if Hibbett Sports is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hibbett Sports' research are outlined below:
| Hibbett Sports had very high historical volatility over the last 90 days | |
| Hibbett Sports has a frail financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| On 2nd of April 2024 Hibbett Sports paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from express.co.uk: Acquisition by Jonalin Smith of 658 shares of Hibbett Sports subject to Rule 16b-3 |
Hibbett Sports Quarterly Liabilities And Stockholders Equity |
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Hibbett Sports uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Hibbett Sports. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hibbett Sports' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of March 2024 Upcoming Quarterly Report | View | |
| 24th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 1st of March 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Hibbett Sports' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Hibbett Sports' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2004-08-19 | 2004-07-31 | 0.1 | 0.09 | -0.01 | 10 | ||
2002-08-22 | 2002-07-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2002-03-14 | 2002-01-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2001-11-19 | 2001-10-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2001-08-23 | 2001-07-31 | 0.05 | 0.06 | 0.01 | 20 | ||
1999-11-18 | 1999-10-31 | 0.06 | 0.07 | 0.01 | 16 | ||
1999-03-18 | 1999-01-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2018-11-27 | 2018-10-31 | 0.16 | 0.14 | -0.02 | 12 |
Hibbett Sports Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hibbett target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Hibbett Sports' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 7 | Hold |
Most Hibbett analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Hibbett stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Hibbett Sports, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationHibbett Sports Target Price Projection
Hibbett Sports' current and average target prices are 86.97 and 57.63, respectively. The current price of Hibbett Sports is the price at which Hibbett Sports is currently trading. On the other hand, Hibbett Sports' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Hibbett Sports Market Quote on 15th of May 2024
Target Price
Analyst Consensus On Hibbett Sports Target Price
Hibbett Sports Analyst Ratings
Hibbett Sports' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Hibbett Sports stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Hibbett Sports' financials, market performance, and future outlook by experienced professionals. Hibbett Sports' historical ratings below, therefore, can serve as a valuable tool for investors.Know Hibbett Sports' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hibbett Sports is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hibbett Sports backward and forwards among themselves. Hibbett Sports' institutional investor refers to the entity that pools money to purchase Hibbett Sports' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Millennium Management Llc | 2023-12-31 | 216.6 K | Smith Graham & Co Inv Adv, L.p.** | 2023-12-31 | 209.4 K | American Century Companies Inc | 2023-12-31 | 173.1 K | Amvescap Plc. | 2023-12-31 | 172 K | Skylands Capital, Llc | 2024-03-31 | 169.1 K | Marshall Wace Asset Management Ltd | 2023-12-31 | 167.8 K | Bank Of New York Mellon Corp | 2023-12-31 | 159.3 K | Goldman Sachs Group Inc | 2023-12-31 | 149.7 K | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 141 K | Blackrock Inc | 2023-12-31 | 2.1 M | Vanguard Group Inc | 2023-12-31 | 892.2 K |
Hibbett Sports' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.04 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.Market Cap |
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Hibbett Sports' profitablity analysis
Hibbett Sports' profitability indicators refer to fundamental financial ratios that showcase Hibbett Sports' ability to generate income relative to its revenue or operating costs. If, let's say, Hibbett Sports is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hibbett Sports' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hibbett Sports' profitability requires more research than a typical breakdown of Hibbett Sports' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.16 | 0.10 | |
| Return On Capital Employed | 0.34 | 0.32 | |
| Return On Assets | 0.16 | 0.10 | |
| Return On Equity | 0.23 | 0.17 |
Determining Hibbett Sports' profitability involves analyzing its financial statements and using various financial metrics to determine if Hibbett Sports is a good buy. For example, gross profit margin measures Hibbett Sports' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hibbett Sports' profitability and make more informed investment decisions.
The data published in Hibbett Sports' official financial statements usually reflect Hibbett Sports' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Hibbett Sports. For example, before you start analyzing numbers published by Hibbett accountants, it's critical to develop an understanding of what Hibbett Sports' liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Hibbett Sports' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hibbett Sports' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Hibbett Sports' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hibbett Sports. Please utilize our Beneish M Score to check the likelihood of Hibbett Sports' management manipulating its earnings.
Evaluate Hibbett Sports' management efficiency
Hibbett Sports has return on total asset (ROA) of 0.0927 % which means that it generated a profit of $0.0927 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2594 %, meaning that it created $0.2594 on every $100 dollars invested by stockholders. Hibbett Sports' management efficiency ratios could be used to measure how well Hibbett Sports manages its routine affairs as well as how well it operates its assets and liabilities. As of May 15, 2024, Return On Tangible Assets is expected to decline to 0.10. In addition to that, Return On Capital Employed is expected to decline to 0.32. At present, Hibbett Sports' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 527.6 M, whereas Total Current Assets are forecasted to decline to about 257.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 12.80 | 7.22 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 12.80 | 6.90 | |
| Enterprise Value Over EBITDA | 8.24 | 10.73 | |
| Price Book Value Ratio | 3.67 | 3.93 | |
| Price Fair Value | 3.67 | 3.93 | |
| Enterprise Value Multiple | 8.24 | 10.73 | |
| Enterprise Value | 391.6 M | 367.8 M |
The analysis of Hibbett Sports' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Hibbett Sports' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Hibbett Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0115 | Forward Dividend Yield 0.0115 | Forward Dividend Rate 1 | Beta 1.725 |
Basic technical analysis of Hibbett Stock
As of the 15th of May 2024, Hibbett Sports retains the Market Risk Adjusted Performance of (2.40), downside deviation of 2.43, and Risk Adjusted Performance of 0.0837. Hibbett Sports technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyzed nineteen technical drivers for Hibbett Sports, which can be compared to its competitors. Please check out Hibbett Sports variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Hibbett Sports is priced fairly, providing market reflects its last-minute price of 86.97 per share. Given that Hibbett Sports has jensen alpha of 0.4108, we strongly advise you to confirm Hibbett Sports's regular market performance to make sure the company can sustain itself at a future point.Hibbett Sports' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hibbett Sports insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hibbett Sports' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hibbett Sports insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Michael McAbee over a month ago Acquisition by Michael McAbee of 9000 shares of Hibbett Sports subject to Rule 16b-3 | ||
Michael McAbee over a month ago Disposition of 9000 shares by Michael McAbee of Hibbett Sports subject to Rule 16b-3 | ||
Robert Volke over a month ago Acquisition by Robert Volke of 1582 shares of Hibbett Sports subject to Rule 16b-3 | ||
Lorna Nagler over a month ago Acquisition by Lorna Nagler of 1648 shares of Hibbett Sports subject to Rule 16b-3 | ||
Robert Volke over a month ago Disposition of 4618 shares by Robert Volke of Hibbett Sports subject to Rule 16b-3 | ||
David Benck over two months ago Acquisition by David Benck of 4618 shares of Hibbett Sports subject to Rule 16b-3 | ||
Robert Volke over a year ago Exercise or conversion by Robert Volke of 8000 shares of Hibbett Sports subject to Rule 16b-3 | ||
Smith Jonalin S over a year ago Acquisition by Smith Jonalin S of 2056 shares of Hibbett Sports subject to Rule 16b-3 |
Understand Hibbett Sports' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Hibbett Sports' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0837 | |||
| Market Risk Adjusted Performance | (2.40) | |||
| Mean Deviation | 1.99 | |||
| Semi Deviation | 2.0 | |||
| Downside Deviation | 2.43 | |||
| Coefficient Of Variation | 819.8 | |||
| Standard Deviation | 3.35 | |||
| Variance | 11.23 | |||
| Information Ratio | 0.0973 | |||
| Jensen Alpha | 0.4108 | |||
| Total Risk Alpha | 0.0059 | |||
| Sortino Ratio | 0.1344 | |||
| Treynor Ratio | (2.41) | |||
| Maximum Drawdown | 19.36 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.5 | |||
| Downside Variance | 5.89 | |||
| Semi Variance | 4.01 | |||
| Expected Short fall | (2.28) | |||
| Skewness | 2.5 | |||
| Kurtosis | 13.87 |
| Risk Adjusted Performance | 0.0837 | |||
| Market Risk Adjusted Performance | (2.40) | |||
| Mean Deviation | 1.99 | |||
| Semi Deviation | 2.0 | |||
| Downside Deviation | 2.43 | |||
| Coefficient Of Variation | 819.8 | |||
| Standard Deviation | 3.35 | |||
| Variance | 11.23 | |||
| Information Ratio | 0.0973 | |||
| Jensen Alpha | 0.4108 | |||
| Total Risk Alpha | 0.0059 | |||
| Sortino Ratio | 0.1344 | |||
| Treynor Ratio | (2.41) | |||
| Maximum Drawdown | 19.36 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.5 | |||
| Downside Variance | 5.89 | |||
| Semi Variance | 4.01 | |||
| Expected Short fall | (2.28) | |||
| Skewness | 2.5 | |||
| Kurtosis | 13.87 |
Consider Hibbett Sports' intraday indicators
Hibbett Sports intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hibbett Sports stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 2739.08 | |||
| Daily Balance Of Power | 0.2927 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 86.93 | |||
| Day Typical Price | 86.94 | |||
| Price Action Indicator | 0.11 | |||
| Period Momentum Indicator | 0.12 |
Hibbett Sports Corporate Filings
8K | 25th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 8th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 25th of March 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
13A | 14th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Hibbett Stock media impact
Far too much social signal, news, headlines, and media speculation about Hibbett Sports that are available to investors today. That information is available publicly through Hibbett media outlets and privately through word of mouth or via Hibbett internal channels. However, regardless of the origin, that massive amount of Hibbett data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Hibbett Sports news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Hibbett Sports relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Hibbett Sports' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Hibbett Sports alpha.
Hibbett Sports Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Hibbett Sports can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Be your own money manager
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Hibbett Sports Corporate Management
Elected by the shareholders, the Hibbett Sports' board of directors comprises two types of representatives: Hibbett Sports inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hibbett. The board's role is to monitor Hibbett Sports' management team and ensure that shareholders' interests are well served. Hibbett Sports' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hibbett Sports' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Myers | VP LP | Profile | |
| Ronald Blahnik | Senior Officer | Profile | |
| William Quinn | Senior Digital | Profile | |
| Mark Gunn | Senior Officer | Profile | |
| Benjamin Knighten | Senior Operations | Profile |
How to buy Hibbett Stock?
To provide specific investment advice or recommendations on Hibbett Sports stock, we recommend investors consider the following general factors when evaluating Hibbett Sports. This will help you to make an informed decision on whether to include Hibbett Sports in one of your diversified portfolios:- Examine Hibbett Sports' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Hibbett Sports' leadership team and their track record. Good management can help Hibbett Sports navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Other Specialty Retail space and any emerging trends that could impact Hibbett Sports' business and its evolving consumer preferences.
- Compare Hibbett Sports' performance and market position to its competitors. Analyze how Hibbett Sports is positioned in terms of product offerings, innovation, and market share.
- Check if Hibbett Sports pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Hibbett Sports' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Hibbett Sports stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Hibbett Sports is a good investment.
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Hibbett Stock analysis
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.
In summary, please note that there is a difference between Hibbett Sports' value and its price, as these two are different measures arrived at by various 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.