Hibbett Sports (NASDAQ:HIBB)‘s stock had its “hold” rating restated by stock analysts at Robert W. Baird in a research note issued to investors on Friday.

Several other brokerages also recently commented on HIBB. Susquehanna Bancshares reissued a “buy” rating and issued a $21.00 price target on shares of Hibbett Sports in a report on Monday, November 20th. Buckingham Research downgraded shares of Hibbett Sports from a “neutral” rating to an “underperform” rating and set a $13.00 price target for the company. in a report on Tuesday, November 21st. Zacks Investment Research downgraded shares of Hibbett Sports from a “buy” rating to a “hold” rating in a report on Thursday, November 23rd. ValuEngine raised shares of Hibbett Sports from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. Finally, TheStreet raised shares of Hibbett Sports from a “d+” rating to a “c” rating in a report on Tuesday, November 21st. Five research analysts have rated the stock with a sell rating, thirteen have given a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. Hibbett Sports currently has a consensus rating of “Hold” and an average target price of $21.59.

Shares of Hibbett Sports (NASDAQ:HIBB) traded up $0.35 during trading hours on Friday, reaching $20.90. 1,573,937 shares of the company’s stock traded hands, compared to its average volume of 1,125,138. Hibbett Sports has a 1 year low of $9.40 and a 1 year high of $41.00. The company has a market cap of $429.29, a P/E ratio of 12.08, a price-to-earnings-growth ratio of 6.47 and a beta of 0.96.

Hibbett Sports (NASDAQ:HIBB) last announced its quarterly earnings results on Friday, November 17th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.15. Hibbett Sports had a net margin of 3.94% and a return on equity of 11.38%. The firm had revenue of $237.80 million during the quarter, compared to the consensus estimate of $219.38 million. During the same period last year, the firm earned $0.66 EPS. The business’s quarterly revenue was up .3% compared to the same quarter last year. equities research analysts predict that Hibbett Sports will post 1.5 earnings per share for the current year.

A number of institutional investors have recently bought and sold shares of HIBB. Renaissance Technologies LLC bought a new stake in Hibbett Sports in the second quarter worth $15,077,000. Dimensional Fund Advisors LP lifted its stake in Hibbett Sports by 63.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,312,080 shares of the company’s stock worth $27,226,000 after purchasing an additional 511,443 shares during the last quarter. Koch Industries Inc. bought a new stake in Hibbett Sports in the second quarter worth $313,000. Nordea Investment Management AB lifted its stake in Hibbett Sports by 74.6% in the second quarter. Nordea Investment Management AB now owns 651,637 shares of the company’s stock worth $13,521,000 after purchasing an additional 278,395 shares during the last quarter. Finally, Dean Capital Management bought a new stake in Hibbett Sports in the second quarter worth $3,133,000.

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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.

Analyst Recommendations for Hibbett Sports (NASDAQ:HIBB)

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