HIBB stock: buy or sell?
May 21st, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-3-22||Robert W. Baird||Neutral||Positive|
|2019-3-21||Consumer Edge||Overweight||Equal Weight|
HIBB stock analysis
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%).
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 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 $23.00Predicting 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-3-22||Robert W. Baird||Raises Target||$16.00||$23.00||43.8%|
Financials and fundamental analysis
Earnings date and Earnings per ShareHibbett 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%.
|2014||$852 M||-||$71 M8.3%||-|
|2014||$913 M||7.22%||$74 M8.1%||3.81%|
|2015||$913 M||0.00%||$74 M8.1%||0.01%|
|2015||$943 M||3.24%||$71 M7.5%||-4.15%|
|2016||$943 M||0.00%||$71 M7.5%||0.00%|
|2016||$973 M||3.17%||$61 M6.3%||-13.40%|
|2017||$973 M||0.00%||$61 M6.3%||-0.01%|
|2017||$968 M||-0.49%||$35 M3.6%||-42.64%|
|2018||$968 M||0.00%||$35 M3.6%||0.00%|
|2019||$1,009 M||4.18%||$28 M2.8%||-18.87%|
Quarterly financial resultsHibbett 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.
|2017-Q2||$276 M||-||$21 M7.6%||-|
|2017-Q3||$188 M||-31.82%||$-3 M-1.7%||-115.21%|
|2017-Q4||$238 M||26.53%||$8 M3.2%||-337.86%|
|2018-Q1||$267 M||12.15%||$10 M3.6%||28.68%|
|2018-Q2||$275 M||2.99%||$22 M7.8%||120.99%|
|2018-Q3||$211 M||-23.15%||$-1 M-0.6%||-105.68%|
|2018-Q4||$217 M||2.73%||$1 M0.7%||-222.67%|
|2019-Q1||$306 M||41.07%||$7 M2.2%||342.63%|
Hibbett Sports ownershipWhen 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:
|Market cap||$374.4 M||$56.2 M||$2.7 B||$6.3 B||$765.8 M|
|Total shares||18.4 M||21.1 M||70.5 M||112.3 M||39.3 M|
|Float shares||16.0 M||19.5 M||68.8 M||111.4 M||27.8 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$19.81 - $20.52|
|Average true range||$1.03|
|50d mov avg||$20.80|
|100d mov avg||$18.78|
|200d mov avg||$18.97|
Hibbett Sports performancePerformance 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:
|BGFVBig 5 Sporting Go...||-31.62%||-23.78%||-65.98%|