Hibbett Sports (NASDAQ:HIBB) had its price objective boosted by Stephens from $26.00 to $28.00 in a research note issued to investors on Thursday, August 23rd. Stephens currently has an equal weight rating on the stock.

A number of other analysts also recently issued reports on HIBB. ValuEngine raised Hibbett Sports from a hold rating to a buy rating in a research report on Wednesday, April 25th. Zacks Investment Research cut Hibbett Sports from a hold rating to a sell rating in a research report on Tuesday, May 1st. BidaskClub upgraded Hibbett Sports from a hold rating to a buy rating in a research report on Friday, May 4th. TheStreet upgraded Hibbett Sports from a c rating to a b- rating in a research report on Wednesday, May 9th. Finally, Canaccord Genuity lifted their price target on Hibbett Sports from $29.00 to $31.00 and gave the company a buy rating in a research report on Tuesday, May 22nd. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of Hold and an average target price of $21.64.

NASDAQ:HIBB opened at $20.15 on Thursday. Hibbett Sports has a 1 year low of $12.05 and a 1 year high of $29.60. The firm has a market capitalization of $388.39 million, a price-to-earnings ratio of 12.36, a PEG ratio of 1.49 and a beta of 0.67.

Hibbett Sports (NASDAQ:HIBB) last released its earnings results on Friday, August 24th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.14). Hibbett Sports had a return on equity of 11.04% and a net margin of 3.79%. The firm had revenue of $211.10 million during the quarter, compared to analysts’ expectations of $215.55 million. During the same period in the prior year, the business earned ($0.15) earnings per share. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. equities analysts predict that Hibbett Sports will post 1.71 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the stock. Piedmont Investment Advisors LLC bought a new stake in Hibbett Sports during the second quarter valued at $101,000. C M Bidwell & Associates Ltd. boosted its stake in Hibbett Sports by 61.7% during the first quarter. C M Bidwell & Associates Ltd. now owns 7,630 shares of the company’s stock valued at $183,000 after buying an additional 2,910 shares during the period. Lido Advisors LLC bought a new stake in Hibbett Sports during the first quarter valued at $200,000. Element Capital Management LLC bought a new stake in Hibbett Sports during the first quarter valued at $207,000. Finally, MetLife Investment Advisors LLC bought a new stake in Hibbett Sports during the fourth quarter valued at $208,000.

Hibbett Sports Company Profile

Hibbett Sports, Inc, together with its subsidiaries, operates athletic specialty stores. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, sports equipment, and related accessories. The company also operates Hibbett.com, an e-commerce Website. As of March 28, 2018, it operated approximately 1,000 stores primarily in small and mid-sized communities in the United States.

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Analyst Recommendations for Hibbett Sports (NASDAQ:HIBB)

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