Hibbett Sports, Inc. (HIBB) Receives Consensus Rating of “Hold” from Analysts
Hibbett Sports, Inc. (NASDAQ:HIBB) has received an average rating of “Hold” from the thirteen ratings firms that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $20.25.
Several research firms recently weighed in on HIBB. ValuEngine upgraded Hibbett Sports from a “strong sell” rating to a “sell” rating in a report on Tuesday, February 5th. Zacks Investment Research downgraded Hibbett Sports from a “hold” rating to a “sell” rating in a report on Tuesday, January 29th. BidaskClub upgraded Hibbett Sports from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 14th. Finally, Bank of America restated an “underperform” rating and issued a $15.00 price objective (down from $18.00) on shares of Hibbett Sports in a report on Friday, November 30th.
Shares of HIBB stock traded up $0.61 on Friday, hitting $18.48. The stock had a trading volume of 577,511 shares, compared to its average volume of 419,083. The company has a market capitalization of $337.93 million, a P/E ratio of 11.34, a PEG ratio of 1.34 and a beta of 0.73. Hibbett Sports has a one year low of $13.08 and a one year high of $29.60.
About Hibbett Sports
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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