Hibbett, Inc. (NASDAQ:HIBB – Get Free Report) has been given a consensus recommendation of “Reduce” by the seven ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating and six have issued a hold rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $76.79.
HIBB has been the topic of several research analyst reports. StockNews.com began coverage on shares of Hibbett in a research report on Friday. They set a “hold” rating on the stock. Telsey Advisory Group reissued a “market perform” rating and set a $87.50 price target on shares of Hibbett in a research report on Friday, July 26th. Finally, Robert W. Baird restated a “neutral” rating and set a $87.50 price objective (up from $80.00) on shares of Hibbett in a research report on Friday, April 26th.
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Hibbett Stock Up 0.0 %
Shares of NASDAQ HIBB opened at $87.49 on Monday. Hibbett has a 52-week low of $36.77 and a 52-week high of $87.53. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 10.77, a PEG ratio of 1.43 and a beta of 1.88. The stock’s fifty day simple moving average is $87.34 and its 200 day simple moving average is $81.77.
Hibbett (NASDAQ:HIBB – Get Free Report) last posted its quarterly earnings data on Wednesday, June 5th. The company reported $2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.68 by ($0.01). Hibbett had a return on equity of 24.15% and a net margin of 5.80%. The company had revenue of $447.20 million for the quarter, compared to analyst estimates of $452.94 million. During the same quarter in the previous year, the firm posted $2.74 EPS. Hibbett’s quarterly revenue was down 1.8% on a year-over-year basis. As a group, analysts anticipate that Hibbett will post 8 earnings per share for the current year.
About Hibbett
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.
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