HIBB stock: buy or sell?

HIBB stock price: $20.37 1.60% At close on May 21st, 2019

Updated on:
May 21st, 2019

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Hibbett Sports shares stepped up 1.60% to $20.37 today. On Wednesday HIBB plunged a chilling -7.18%.

Hibbett Sports, Inc., together with its subsidiaries, operates athletic specialty stores in small and mid-sized markets primarily in the South, Southwest, Mid-Atlantic, and the Midwest regions of the United States.

Should I buy HIBB stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Hibbett Sports stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean HIBB will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Hibbett Sports stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 3 ratings published for HIBB stock in the last month.

Is HIBB a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-3-25Susquehanna BancsharesNeutralPositive
2019-3-22Robert W. BairdNeutralPositive
2019-3-21Consumer EdgeOverweightEqual Weight

HIBB stock analysis

Daily outlook

Hibbett Sports shares stepped up 1.60% to $20.37 today.

Shares of Hibbett Sports stepped up a decent 1.60% and closed at $20.37. Since March when HIBB stock price broke up the SMA200d line, it gained $2.33 (12.92%). Since SMA50d and SMA100d crossed up on March, HIBB price climbed $1.16 per share (6.04%).

HIBB stock chart (daily)

Weekly outlook

After sliding a bloodcurdling -11.58% in a week last week, Hibbett Sports closed this week at $20.37 and rocketed a superb 5.27%.

Having descending tops is not good news for the long side. Although it's only a warning signal, traders should be on alert during next weeks to identify possible new signals. You should be expectant to Hibbett Sports price to not slide under , as this would complicate possible price recovery in the short and mid-term. Since SMA20w and SMA40w crossed up early May, HIBB price slid a -4.68%. Since mid March when HIBB stock price broke up the SMA40w line, it gained $1.89 (10.23%).

HIBB stock chart (weekly)

HIBB stock price history

HIBB IPO was on October 11th, 1996 at $3.65 per share1. Since then, HIBB stock grew a 458.10%, with an average of 20.80% per year. If you had invested right after HIBB's IPO a $1,000 in HIBB stock in 1996, it would worth $4,581.00 today.

1: Adjusted price after possible price splits or reverse-splits.

HIBB stock historical price chart

HIBB stock reached 52-week highs on August at $29.60, and all-time highs 2013-12-27 with a price of 68.31.

HIBB stock price target is $23.00

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we only found 1 price target for Hibbett Sports stock:
HIBB stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-3-22Robert W. BairdRaises Target$16.00$23.0043.8%
(in average)$16.00$23.0044.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

Hibbett Sports reported amazing results for 2019-Q1 on March. Hibbett Sports climbed Earnings per Share (EPS) by 50.00%, beating experts estimates of $0.38. Hibbett Sports posted $0.57.
HIBB earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.97n/a
2017-Q3-n/a-0.15n/a
2017-Q42018-03-160.430.442.3%
2018-Q12018-03-160.430.442.3%
2018-Q22018-05-251.131.12-0.9%
2018-Q32018-08-240.08-0.06n/a
2018-Q42018-11-270.190.14-26.3%
2019-Q12019-03-220.380.5750.0%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2018, last anual sales report draw a good growth of 4.18% to $1,008.68 M USD. When comparing 2019 vs 2018, however, profit margin (that is, the net income divided by revenues) remained stable a -0.80% to 2.82%.

HIBB annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$852 M-$71 M8.3%-
2014$913 M7.22%$74 M8.1%3.81%
2015$913 M0.00%$74 M8.1%0.01%
2015$943 M3.24%$71 M7.5%-4.15%
2016$943 M0.00%$71 M7.5%0.00%
2016$973 M3.17%$61 M6.3%-13.40%
2017$973 M0.00%$61 M6.3%-0.01%
2017$968 M-0.49%$35 M3.6%-42.64%
2018$968 M0.00%$35 M3.6%0.00%
2019$1,009 M4.18%$28 M2.8%-18.87%

Quarterly financial results

Hibbett Sports reported $305.96 million in revenues for 2019-Q1, a 41.07% up compared to previous quarter. Reported quarter earnings marked $6.64 million with a profit margin of 2.17%. Profit margin inched a 1.48% compared to previous quarter when profit margin was 0.69%. When comparing revenues to same quarter last year, Hibbett Sports sales marked an astounding gain and skyrocketed a 14.71%. Looking back to recent quarterly results, Hibbett Sports posted 2 negative quarters in a row.
HIBB quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$276 M-$21 M7.6%-
2017-Q3$188 M-31.82%$-3 M-1.7%-115.21%
2017-Q4$238 M26.53%$8 M3.2%-337.86%
2018-Q1$267 M12.15%$10 M3.6%28.68%
2018-Q2$275 M2.99%$22 M7.8%120.99%
2018-Q3$211 M-23.15%$-1 M-0.6%-105.68%
2018-Q4$217 M2.73%$1 M0.7%-222.67%
2019-Q1$306 M41.07%$7 M2.2%342.63%

Hibbett Sports ownership

When you are planning to buy shares of a company, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Hibbett Sports, 1.25% of all outstanding shares are owned by its staff.

Bearish positions for HIBB stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Hibbett Sports:

HIBBBGFVDKSFLRGS
Market cap$374.4 M$56.2 M$2.7 B$6.3 B$765.8 M
Total shares18.4 M21.1 M70.5 M112.3 M39.3 M
Float shares16.0 M19.5 M68.8 M111.4 M27.8 M
  - Institutional holdings (%)136.8%60.7%115.3%0.0%104.5%
  - Insider holdings (%)1.2%7.5%3.9%22.9%3.8%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

HIBB summary

Tuesday, May 21st, 2019
Open$20.06
Close$20.37
Day range$19.81 - $20.52
Previous close$20.05
Session gain1.60%
Average true range$1.03
50d mov avg$20.80
100d mov avg$18.78
200d mov avg$18.97
Daily pattern
Weekly pattern lt01a

Hibbett Sports performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Hibbett Sports performance to Big 5 Sporting Goods, Dick's Sporting Goods, Foot Locker and Regis:
Stock3m6m12m
HIBBHibbett Sports14.70%18.43%-16.62%
BGFVBig 5 Sporting Go...-31.62%-23.78%-65.98%
DKSDick's Sporti...-0.19%9.68%27.06%
FLFoot Locker-5.28%7.32%3.35%
RGSRegis7.04%11.13%12.48%

Hibbett Sports competitors

We picked a few stocks to conform a list of Hibbett Sports competitors to review if you are interested in investing in HIBB: