2018 Q2 Sentiment Hibbett Sports Inc (NASDAQ:HIBB)

Hibbett Sports, Inc. (NASDAQ:HIBB) Logo

Sentiment for Hibbett Sports Inc (NASDAQ:HIBB)

Hibbett Sports Inc (NASDAQ:HIBB) institutional sentiment decreased to 0.94 in 2018 Q2. Its down -0.37, from 1.31 in 2018Q1. The ratio worsened, as 79 funds increased and started new holdings, while 84 reduced and sold stock positions in Hibbett Sports Inc. The funds in our partner’s database now hold: 23.88 million shares, down from 24.12 million shares in 2018Q1. Also, the number of funds holding Hibbett Sports Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 33 Reduced: 51 Increased: 51 New Position: 28.

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. The company has market cap of $288.92 million. The Company’s stores offer a range of merchandise, including athletic footwear, team sports equipment, athletic and fashion apparel, and related accessories. It has a 8.08 P/E ratio. The firm also sells merchandise directly to educational institutions and youth associations.

The stock decreased 1.58% or $0.25 during the last trading session, reaching $15.57. About 698,613 shares traded. Hibbett Sports, Inc. (NASDAQ:HIBB) has risen 51.87% since December 6, 2017 and is uptrending. It has outperformed by 36.25% the S&P500.

Analysts await Hibbett Sports, Inc. (NASDAQ:HIBB) to report earnings on March, 15. They expect $0.38 earnings per share, down 13.64 % or $0.06 from last year’s $0.44 per share. HIBB’s profit will be $7.05M for 10.24 P/E if the $0.38 EPS becomes a reality. After $0.14 actual earnings per share reported by Hibbett Sports, Inc. for the previous quarter, Wall Street now forecasts 171.43 % EPS growth.

Euclidean Technologies Management Llc holds 1.03% of its portfolio in Hibbett Sports, Inc. for 48,232 shares. Broadview Advisors Llc owns 244,801 shares or 0.89% of their US portfolio. Moreover, J. Goldman & Co Lp has 0.37% invested in the company for 312,165 shares. The Maryland-based Hussman Strategic Advisors Inc. has invested 0.31% in the stock. Spark Investment Management Llc, a New York-based fund reported 182,600 shares.

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

Ratings analysis reveals 0 of Hibbett Sports’s analysts are positive. Out of 7 Wall Street analysts rating Hibbett Sports, 0 give it “Buy”, 2 “Sell” rating, while 5 recommend “Hold”. The lowest target is $15 while the high is $28. The stock’s average target of $21.86 is 40.40% above today’s ($15.57) share price. HIBB was included in 10 notes of analysts from June 18, 2018. The rating was downgraded by Bank of America on Monday, June 18 to “Underperform”. As per Friday, June 29, the company rating was maintained by Credit Suisse. The stock of Hibbett Sports, Inc. (NASDAQ:HIBB) has “Neutral” rating given on Thursday, October 25 by Susquehanna. The rating was downgraded by Canaccord Genuity to “Hold” on Monday, August 27. On Thursday, August 16 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was maintained by Susquehanna with “Hold” on Tuesday, November 27. As per Thursday, August 23, the company rating was maintained by Stephens. Deutsche Bank maintained Hibbett Sports, Inc. (NASDAQ:HIBB) on Monday, August 27 with “Hold” rating. Stifel Nicolaus maintained it with “Hold” rating and $22 target in Monday, August 27 report. Stifel Nicolaus maintained the shares of HIBB in report on Tuesday, November 27 with “Hold” rating.

More notable recent Hibbett Sports, Inc. (NASDAQ:HIBB) news were published by: Seekingalpha.com which released: “Hibbett Sports acquires City Gear – Seeking Alpha” on October 29, 2018, also Nasdaq.com with their article: “Should Value Investors Pick Hibbett Sports (HIBB) Stock Right Now? – Nasdaq” published on March 07, 2018, Nasdaq.com published: “Buy Dick’s Sporting Goods (DKS) Stock Before Earnings, After Foot Locker Beat? – Nasdaq” on November 21, 2018. More interesting news about Hibbett Sports, Inc. (NASDAQ:HIBB) were released by: Bizjournals.com and their article: “Hibbett Sports launches new options on e-commerce platform – Birmingham Business Journal” published on October 04, 2018 as well as Benzinga.com‘s news article titled: “7 Stocks To Watch For November 27, 2018 – Benzinga” with publication date: November 27, 2018.

Hibbett Sports, Inc. (NASDAQ:HIBB) Institutional Positions Chart

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