Analyst Ratings for Hibbett Sports Inc. (HIBB)

Updated: 2017-07-28

Analysts covering Hibbett Sports Inc. (NASDAQ:HIBB) have given it a consensus rating of Hold. Last month, HIBB received an average rating of Hold.

19 analysts issued ratings on the stock, where 1 gave HIBB a buy rating, 0 issued an overweight rating, 16 issued a hold rating, 1 gave an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has decreased by 1.

HIBB was given price targets by several analysts. The most optimistic price target was 23, implying a possible profit of 46.03 percent. The lowest price target was 12, which equates to a potential downside of -23.81 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -213.33 percent. That number becomes -189.47 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -19.21 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -21.29 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 6 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 6 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of HIBB to grow at a rate of -11.11 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of HIBB is -0.58.

HIBB has traded between a high of 45.85 and a low of 12.90 over the past year. Today's price is 22.09 percent above the 52-week low, and 65.65 percent lower than its 52-week high. HIBB has a P/E ratio of 6.4. Investors typically compare the P/E ratio to a company's peers in the industry. The HIBB value stock report compares HIBB to some of its peers using value stock charts. The stock has a market capitalization of $0.30422 billion. HIBB's next earnings release will be on 0000-00-00, which is days away.