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.
A number of analysts gave price targets for HIBB. The highest price target was 23, implying potential capital gains of 46.03 percent. The minimum price target given was 12, implying potential capital losses of -23.81 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 6 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 6 analysts that revised their FY estimates downwards.
HIBB has an estimated earnings growth rate of -11.11 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. 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 market cap of HIBB is $0.30422 billion. HIBB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.