Hibbett Sports, Inc. (HIBB) Can’t Be More Safe. Trades Significantly Higher

September 17, 2017 - By Richard Conner

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.17, from 1.1 in 2016Q3. It worsened, as 25 investors sold Hibbett Sports, Inc. shares while 60 reduced holdings. 23 funds opened positions while 56 raised stakes. 28.47 million shares or 1.39% less from 28.87 million shares in 2016Q3 were reported.
Price T Rowe Assocs Md has invested 0% in Hibbett Sports, Inc. (NASDAQ:HIBB). Arizona State Retirement Systems owns 11,530 shares for 0.01% of their portfolio. Jpmorgan Chase And stated it has 0% in Hibbett Sports, Inc. (NASDAQ:HIBB). 12,130 are held by Thrivent For Lutherans. California Pub Employees Retirement System holds 0.01% or 87,600 shares. Blackrock Advsr Limited Co accumulated 217,861 shares. State Treasurer State Of Michigan invested 0.02% of its portfolio in Hibbett Sports, Inc. (NASDAQ:HIBB). Lsv Asset Management has invested 0% of its portfolio in Hibbett Sports, Inc. (NASDAQ:HIBB). Timessquare Cap Lc has 1.20M shares. Hussman Strategic Advsr invested in 128,200 shares or 0.95% of the stock. Sector Pension Invest Board, Quebec – Canada-based fund reported 15,981 shares. California-based Fdx Advsr has invested 0.01% in Hibbett Sports, Inc. (NASDAQ:HIBB). Bank Of America De has 0% invested in Hibbett Sports, Inc. (NASDAQ:HIBB) for 146,533 shares. State Of Alaska Department Of Revenue accumulated 0.01% or 2,420 shares. Champlain Limited Liability reported 701,060 shares.

Since March 22, 2017, it had 0 buys, and 1 insider sale for $86,549 activity. The insider BRISKIN JARED S sold 3,040 shares worth $86,549.

The stock of Hibbett Sports, Inc. (NASDAQ:HIBB) is a huge mover today! The stock increased 4.53% or $0.6 on September 15, reaching $13.85. About 1.81 million shares traded or 61.61% up from the average. Hibbett Sports, Inc. (NASDAQ:HIBB) has declined 26.07% since September 17, 2016 and is downtrending. It has underperformed by 42.77% the S&P500.
The move comes after 5 months positive chart setup for the $284.48 million company. It was reported on Sep, 17 by Barchart.com. We have $15.10 PT which if reached, will make NASDAQ:HIBB worth $25.60M more.

Analysts expect Hibbett Sports, Inc. (NASDAQ:HIBB) to report $0.21 EPS on November, 17.They anticipate $0.45 EPS change or 68.18 % from last quarter’s $0.66 EPS. HIBB’s profit would be $4.31 million giving it 16.49 P/E if the $0.21 EPS is correct. After having $-0.15 EPS previously, Hibbett Sports, Inc.’s analysts see -240.00 % EPS growth.

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

Among 20 analysts covering Hibbett Sports (NASDAQ:HIBB), 3 have Buy rating, 3 Sell and 14 Hold. Therefore 15% are positive. Hibbett Sports had 44 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, February 14 by Susquehanna. The rating was downgraded by Goldman Sachs on Tuesday, March 15 to “Sell”. Bank of America downgraded Hibbett Sports, Inc. (NASDAQ:HIBB) on Wednesday, April 6 to “Underperform” rating. As per Monday, July 17, the company rating was initiated by Brean Capital. The company was maintained on Friday, August 18 by Stifel Nicolaus. Susquehanna maintained Hibbett Sports, Inc. (NASDAQ:HIBB) on Friday, August 18 with “Hold” rating. BMO Capital Markets maintained Hibbett Sports, Inc. (NASDAQ:HIBB) rating on Friday, August 18. BMO Capital Markets has “Hold” rating and $10.0 target. The company was maintained on Monday, July 24 by Stifel Nicolaus. Stifel Nicolaus maintained Hibbett Sports, Inc. (NASDAQ:HIBB) on Tuesday, August 11 with “Sell” rating. Forward View Consulting downgraded Hibbett Sports, Inc. (NASDAQ:HIBB) on Monday, August 28 to “Sell” rating.

More notable recent Hibbett Sports, Inc. (NASDAQ:HIBB) news were published by: Prnewswire.com which released: “Hibbett Sports Announces University of Alabama Football Sponsorship Through 2019” on September 01, 2017, also Seekingalpha.com with their article: “Buy This Retailer Trading Below Book Value” published on August 19, 2017, Seekingalpha.com published: “Winter Is Here For Hibbett Sports” on August 24, 2017. More interesting news about Hibbett Sports, Inc. (NASDAQ:HIBB) were released by: Fool.com and their article: “Why Hibbett Sports Stock Plunged 21% in August” published on September 12, 2017 as well as Seekingalpha.com‘s news article titled: “Stick A Fork In Hibbett Sports” with publication date: August 22, 2017.

Hibbett Sports, Inc. operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. The company has market cap of $284.48 million. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states. It has a 6.84 P/E ratio. The Company’s primary retail format is Hibbett Sports, which is an approximately 5,000 square foot store.

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