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 maximum price target given was 23, implying potential capital gains of 46.03 percent. The most pessimistic price target was 12, which equates to a potential downside of -23.81 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates downwards for this quarter, by about -213.33 percent on average, compared to last month. That number becomes -189.47 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -19.21 percent. 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, which can be compared to the 6 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 6 analysts decreased their estimates.
Analysts estimate earnings of HIBB to grow at a rate of -11.11 percent. The PEG ratio of a stock is another value frequently studied by investors. 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of HIBB is -0.58.
In the trailing 52-weeks, HIBB hit 45.85 at the highest peak, while it's lowest trading point was 12.90. The current market price is above the trailing year's low by 22.09 percent, and below the high by 65.65 percent. 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 will post this quarters earnings in days, on 0000-00-00.