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HIBB

HibbettNasdaqGS:HIBB Stock Report

Market Cap

US$1.1b

7D

-5.6%

1Y

94.5%

Updated

25 Sep, 2021

Data

Company Financials +
HIBB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

HIBB Overview

Hibbett, Inc., together with its subsidiaries, engages in the retail of athletic-inspired fashion products.

Hibbett Competitors

Big 5 Sporting Goods

NasdaqGS:BGFV

US$570.5m

Price History & Performance

Summary of all time highs, changes and price drops for Hibbett
Historical stock prices
Current Share PriceUS$73.22
52 Week HighUS$35.61
52 Week LowUS$100.32
Beta1.83
1 Month Change-24.61%
3 Month Change-11.11%
1 Year Change94.48%
3 Year Change289.47%
5 Year Change83.51%
Change since IPO1,753.38%

Recent News & Updates

Shareholder Returns

HIBBUS Specialty RetailUS Market
7D-5.6%0.5%0.1%
1Y94.5%56.6%35.3%

Return vs Industry: HIBB exceeded the US Specialty Retail industry which returned 57.3% over the past year.

Return vs Market: HIBB exceeded the US Market which returned 37.5% over the past year.

Price Volatility

Is HIBB's price volatile compared to industry and market?
HIBB volatility
HIBB Beta1.83
Industry Beta1.56
Market Beta1

Stable Share Price: HIBB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: HIBB's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19457,150Mike Longohttps://www.hibbett.com

Hibbett, Inc., together with its subsidiaries, engages in the retail of athletic-inspired fashion products. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, team sports equipment, and related accessories. The company operates stores in small and mid-sized communities, and Website under the hibbett.com name.

Hibbett Fundamentals Summary

How do Hibbett's earnings and revenue compare to its market cap?
HIBB fundamental statistics
Market CapUS$1.08b
Earnings (TTM)US$180.66m
Revenue (TTM)US$1.63b

6.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HIBB income statement (TTM)
RevenueUS$1.63b
Cost of RevenueUS$994.99m
Gross ProfitUS$639.34m
ExpensesUS$458.68m
EarningsUS$180.66m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)12.20
Gross Margin39.12%
Net Profit Margin11.05%
Debt/Equity Ratio0%

How did HIBB perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

2%

Payout Ratio

Valuation

Is Hibbett undervalued compared to its fair value and its price relative to the market?

6x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HIBB ($73.22) is trading above our estimate of fair value ($67.38)

Significantly Below Fair Value: HIBB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HIBB is good value based on its PE Ratio (6x) compared to the US Specialty Retail industry average (10.3x).

PE vs Market: HIBB is good value based on its PE Ratio (6x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: HIBB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: HIBB is good value based on its PB Ratio (2.7x) compared to the US Specialty Retail industry average (3x).


Future Growth

How is Hibbett forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-11.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HIBB's earnings are forecast to decline over the next 3 years (-11% per year).

Earnings vs Market: HIBB's earnings are forecast to decline over the next 3 years (-11% per year).

High Growth Earnings: HIBB's earnings are forecast to decline over the next 3 years.

Revenue vs Market: HIBB's revenue (2.1% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: HIBB's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HIBB's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Hibbett performed over the past 5 years?

16.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HIBB has a high level of non-cash earnings.

Growing Profit Margin: HIBB's current net profit margins (11.1%) are higher than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: HIBB's earnings have grown by 16.8% per year over the past 5 years.

Accelerating Growth: HIBB's earnings growth over the past year (450.9%) exceeds its 5-year average (16.8% per year).

Earnings vs Industry: HIBB earnings growth over the past year (450.9%) exceeded the Specialty Retail industry 158.2%.


Return on Equity

High ROE: HIBB's Return on Equity (45.1%) is considered outstanding.


Financial Health

How is Hibbett's financial position?


Financial Position Analysis

Short Term Liabilities: HIBB's short term assets ($418.9M) exceed its short term liabilities ($203.1M).

Long Term Liabilities: HIBB's short term assets ($418.9M) exceed its long term liabilities ($196.8M).


Debt to Equity History and Analysis

Debt Level: HIBB is debt free.

Reducing Debt: HIBB had no debt 5 years ago.

Debt Coverage: HIBB has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: HIBB has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Hibbett current dividend yield, its reliability and sustainability?

1.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HIBB's dividend (1.37%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: HIBB's dividend (1.37%) is low compared to the top 25% of dividend payers in the US market (3.59%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether HIBB's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if HIBB's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (2.3%), HIBB's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Mike Longo (60 yo)

1.75yrs

Tenure

US$1,943,325

Compensation

Mr. Michael E. Longo, also known as Mike, serves as Chief Executive Officer and President at Hibbett Sports, Inc since December 16, 2019 and serves as its Non-Independent Director since December 16, 2019....


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD1.94M) is about average for companies of similar size in the US market ($USD2.33M).

Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.


Leadership Team

Experienced Management: HIBB's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: HIBB's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HIBB insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hibbett, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Hibbett, Inc.
  • Ticker: HIBB
  • Exchange: NasdaqGS
  • Founded: 1945
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: US$1.084b
  • Shares outstanding: 14.81m
  • Website: https://www.hibbett.com

Number of Employees


Location

  • Hibbett, Inc.
  • 2700 Milan Court
  • Birmingham
  • Alabama
  • 35211
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 02:11
End of Day Share Price2021/09/24 00:00
Earnings2021/07/31
Annual Earnings2021/01/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.