Hibbett Sports, Inc. (HIBB) Can’t Be More Safe. Trades Significantly Higher

September 17, 2017 - By Nellie Frank

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.17, from 1.1 in 2016Q3. It is negative, as 25 investors sold Hibbett Sports, Inc. shares while 60 reduced holdings. 23 funds opened positions while 56 raised stakes. 28.47 million shares or 1.39% less from 28.87 million shares in 2016Q3 were reported.
Royal Bancshares Of Canada stated it has 570,869 shares or 0.01% of all its holdings. Jefferies Gru Ltd Liability Corporation invested in 0% or 5,405 shares. Moreover, Northwestern Mutual Wealth Mgmt has 0% invested in Hibbett Sports, Inc. (NASDAQ:HIBB) for 301 shares. Blackrock Fund Advisors reported 0.01% stake. Manufacturers Life Insur Co The holds 0% or 15,371 shares in its portfolio. 11,530 are owned by Arizona State Retirement Sys. Fdx Advsr owns 10,277 shares. Moreover, State Board Of Administration Of Florida Retirement Sys has 0% invested in Hibbett Sports, Inc. (NASDAQ:HIBB). Rhumbline Advisers reported 34,751 shares stake. State Treasurer State Of Michigan holds 64,600 shares. Cubist Systematic Strategies Ltd Liability Corp owns 2,338 shares. Jpmorgan Chase And Company reported 3,899 shares. Arrowpoint Asset Mgmt Limited Liability Company accumulated 2.53M shares or 1.49% of the stock. Kentucky-based Teachers Retirement Of The State Of Kentucky has invested 0% in Hibbett Sports, Inc. (NASDAQ:HIBB). Finemark Bancorp & Tru holds 0% in Hibbett Sports, Inc. (NASDAQ:HIBB) or 23 shares.

Since March 22, 2017, it had 0 insider purchases, and 1 sale for $86,549 activity. Shares for $86,549 were sold by BRISKIN JARED S on Wednesday, March 22.

The stock of Hibbett Sports, Inc. (NASDAQ:HIBB) is a huge mover today! The stock increased 4.53% or $0.6 on September 15, reaching $13.85. About 1.81 million shares traded or 61.61% up from the average. Hibbett Sports, Inc. (NASDAQ:HIBB) has declined 26.07% since September 17, 2016 and is downtrending. It has underperformed by 42.77% the S&P500.
The move comes after 5 months positive chart setup for the $284.48 million company. It was reported on Sep, 17 by Barchart.com. We have $15.10 PT which if reached, will make NASDAQ:HIBB worth $25.60M more.

Wall Street await Hibbett Sports, Inc. (NASDAQ:HIBB) to release earnings on November, 17. Analysts forecast EPS of $0.21, down exactly $0.45 or 68.18 % from 2014’s $0.66 EPS. The expected HIBB’s profit could reach $4.31 million giving the stock 16.49 P/E in the case that $0.21 earnings per share is reported. After posting $-0.15 EPS for the previous quarter, Hibbett Sports, Inc.’s analysts now forecast -240.00 % EPS growth.

Hibbett Sports, Inc. (NASDAQ:HIBB) Ratings Coverage

Among 20 analysts covering Hibbett Sports (NASDAQ:HIBB), 3 have Buy rating, 3 Sell and 14 Hold. Therefore 15% are positive. Hibbett Sports had 44 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Hold” rating by Stifel Nicolaus on Monday, July 24. The stock of Hibbett Sports, Inc. (NASDAQ:HIBB) has “Underperform” rating given on Wednesday, April 6 by Bank of America. The firm has “Neutral” rating given on Monday, August 24 by Sterne Agee CRT. The rating was maintained by BMO Capital Markets with “Hold” on Friday, August 18. Forward View Consulting downgraded the shares of HIBB in report on Monday, August 28 to “Sell” rating. Canaccord Genuity maintained the shares of HIBB in report on Monday, August 21 with “Hold” rating. The stock has “Hold” rating by SunTrust on Tuesday, February 14. The stock of Hibbett Sports, Inc. (NASDAQ:HIBB) has “Buy” rating given on Wednesday, November 18 by Suntrust Robinson. The company was maintained on Monday, August 24 by BMO Capital Markets. As per Monday, July 17, the company rating was initiated by Brean Capital.

More notable recent Hibbett Sports, Inc. (NASDAQ:HIBB) news were published by: Seekingalpha.com which released: “Buy This Retailer Trading Below Book Value” on August 19, 2017, also Seekingalpha.com with their article: “Stick A Fork In Hibbett Sports” published on August 22, 2017, Realmoney.Thestreet.com published: “Hibbett Sports Is Worth a Shot After Sporting Goods Misses” on August 21, 2017. More interesting news about Hibbett Sports, Inc. (NASDAQ:HIBB) were released by: Seekingalpha.com and their article: “Why Hibbett Sports Is Attractive At These Levels” published on August 29, 2017 as well as Fool.com‘s news article titled: “Why Hibbett Sports, Inc. Stock Fell on Friday” with publication date: August 18, 2017.

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. The company has market cap of $284.48 million. 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. It has a 6.84 P/E ratio. The Company’s primary retail format is Hibbett Sports, which is an approximately 5,000 square foot store.

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