Shares of Hibbett Sports, Inc. (NASDAQ:HIBB) have earned an average rating of “Hold” from the twenty-five brokerages that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, seven have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $21.50.

HIBB has been the topic of a number of research analyst reports. Robert W. Baird raised their target price on Hibbett Sports from $10.00 to $16.00 and gave the company a “positive” rating in a 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 downgraded 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 downgraded 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.

Hibbett Sports (NASDAQ:HIBB) traded up $0.50 on Tuesday, reaching $25.45. The company’s stock had a trading volume of 737,083 shares, compared to its average volume of 712,167. The firm has a market cap of $522.74, a price-to-earnings ratio of 14.71, a P/E/G ratio of 7.87 and a beta of 0.96. Hibbett Sports has a 12-month low of $9.40 and a 12-month high of $34.75.

Hibbett Sports (NASDAQ:HIBB) last released its earnings results on Friday, November 17th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.15. The firm had revenue of $237.80 million for the quarter, compared to analyst estimates of $219.38 million. Hibbett Sports had a return on equity of 11.38% and a net margin of 3.94%. The company’s revenue was up .3% on a year-over-year basis. During the same quarter last year, the firm posted $0.66 EPS. sell-side analysts forecast that Hibbett Sports will post 1.5 earnings per share for the current fiscal year.

Several institutional investors have recently bought and sold shares of the stock. Thrivent Financial For Lutherans lifted its position in shares of Hibbett Sports by 1.4% during the 2nd quarter. Thrivent Financial For Lutherans now owns 12,520 shares of the company’s stock worth $260,000 after buying an additional 170 shares during the period. Legal & General Group Plc lifted its position in shares of Hibbett Sports by 1.2% during the 2nd quarter. Legal & General Group Plc now owns 40,131 shares of the company’s stock worth $833,000 after buying an additional 470 shares during the period. Public Employees Retirement System of Ohio lifted its position in shares of Hibbett Sports by 1.7% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 45,288 shares of the company’s stock worth $940,000 after buying an additional 771 shares during the period. Voya Investment Management LLC lifted its position in shares of Hibbett Sports by 11.9% during the 2nd quarter. Voya Investment Management LLC now owns 12,007 shares of the company’s stock worth $249,000 after buying an additional 1,278 shares during the period. Finally, Virtu KCG Holdings LLC lifted its position in shares of Hibbett Sports by 11.5% during the 2nd quarter. Virtu KCG Holdings LLC now owns 14,197 shares of the company’s stock worth $295,000 after buying an additional 1,460 shares during the period.

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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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