News stories about Hibbett Sports (NASDAQ:HIBB) have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hibbett Sports earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.7845568752019 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Hibbett Sports Target of Unusually Large Options Trading (HIBB) (americanbankingnews.com)
- Analysts Say This Is the Athletic Retail Stock to Buy Now (footwearnews.com)
- Hibbett Sports Earns Relative Strength Rating Upgrade; Hits Key Threshold (finance.yahoo.com)
- Hibbett Sports Extends Store Hours For Immediate Access To CFB Championship Gear (finance.yahoo.com)
- Hibbett Sports Upgraded With A Tax Cut, New Products And E-Commerce As Catalysts (finance.yahoo.com)
A number of analysts recently commented on HIBB shares. Robert W. Baird lifted their price objective on Hibbett Sports from $10.00 to $16.00 and gave the stock a “positive” rating in a research report on Friday, November 17th. Forward View upgraded Hibbett Sports to a “hold” rating and set a $18.00 price objective for the company in a research report on Saturday, November 18th. Buckingham Research lowered Hibbett Sports from a “neutral” rating to an “underperform” rating and set a $13.00 price objective for the company. in a research report on Tuesday, November 21st. BidaskClub lowered Hibbett Sports from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 6th. Finally, Oppenheimer reiterated a “market perform” rating on shares of Hibbett Sports in a research report on Tuesday, October 24th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. Hibbett Sports presently has an average rating of “Hold” and a consensus target price of $21.53.
Hibbett Sports (NASDAQ HIBB) opened at $24.40 on Friday. Hibbett Sports has a 12-month low of $9.40 and a 12-month high of $35.30. The stock has a market capitalization of $472.45, a P/E ratio of 14.02, a P/E/G ratio of 6.72 and a beta of 0.96.
Hibbett Sports (NASDAQ:HIBB) last issued its quarterly earnings data on Friday, November 17th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.15. Hibbett Sports had a return on equity of 11.38% and a net margin of 3.94%. The business had revenue of $237.80 million during the quarter, compared to analyst estimates of $219.38 million. During the same period in the previous year, the firm earned $0.66 EPS. Hibbett Sports’s quarterly revenue was up .3% compared to the same quarter last year. equities research analysts expect that Hibbett Sports will post 1.49 EPS for the current year.
About Hibbett Sports
Hibbett Sports, Inc operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states.
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