Hibbett Sports, Inc., together with its subsidiaries, engages in the retail of athletic-inspired fashion products through its stores.
Very undervalued with excellent balance sheet.
Share Price & News
How has Hibbett Sports's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HIBB has not had significant price volatility in the past 3 months.
7 Day Return
US Specialty Retail
1 Year Return
US Specialty Retail
Return vs Industry: HIBB exceeded the US Specialty Retail industry which returned 17.3% over the past year.
Return vs Market: HIBB exceeded the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Hibbett Sports's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDo You Like Hibbett Sports, Inc. (NASDAQ:HIBB) At This P/E Ratio?
3 weeks ago | Simply Wall StHere's Why Hibbett Sports's (NASDAQ:HIBB) Statutory Earnings Are Arguably Too Conservative
1 month ago | Simply Wall StIs There More To Hibbett Sports, Inc. (NASDAQ:HIBB) Than Its 11% Returns On Capital?
Is Hibbett Sports undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HIBB ($23.37) is trading below our estimate of fair value ($38.6)
Significantly Below Fair Value: HIBB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HIBB is good value based on its PE Ratio (15x) compared to the Specialty Retail industry average (16.7x).
PE vs Market: HIBB is good value based on its PE Ratio (15x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: HIBB is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: HIBB is good value based on its PB Ratio (1.2x) compared to the US Specialty Retail industry average (1.5x).
How is Hibbett Sports forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HIBB's forecast earnings growth (30.6% per year) is above the savings rate (1.7%).
Earnings vs Market: HIBB's earnings (30.6% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HIBB's revenue (0.8% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: HIBB's revenue (0.8% 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
How has Hibbett Sports performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HIBB has a large one-off loss of $20.4M impacting its November 2 2019 financial results.
Growing Profit Margin: HIBB's current net profit margins (2.4%) are lower than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: HIBB's earnings have declined by -21.7% per year over the past 5 years.
Accelerating Growth: HIBB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HIBB had negative earnings growth (-11.4%) over the past year, making it difficult to compare to the Specialty Retail industry average (5.8%).
Return on Equity
High ROE: HIBB's Return on Equity (8.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Hibbett Sports's financial position?
Financial Position Analysis
Short Term Liabilities: HIBB's short term assets ($381.8M) exceed its short term liabilities ($234.7M).
Long Term Liabilities: HIBB's short term assets ($381.8M) exceed its long term liabilities ($195.0M).
Debt to Equity History and Analysis
Debt Level: HIBB's debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: HIBB's debt to equity ratio has increased from 0% to 2.4% over the past 5 years.
Debt Coverage: HIBB's debt is well covered by operating cash flow (1200%).
Interest Coverage: HIBB's interest payments on its debt are well covered by EBIT (301.8x coverage).
Inventory Level: HIBB has a high level of physical assets or inventory.
Debt Coverage by Assets: HIBB's debt is covered by short term assets (assets are 47.7x debt).
What is Hibbett Sports's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate HIBB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate HIBB's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HIBB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HIBB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HIBB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Longo (58yo)
Mr. Michael E. Longo serves as the President and Chief Executive Officer at City Gear, LLC. Mr. Longo serves as Chief Executive Officer and President at Hibbett Sports, Inc since December 16, 2019 and serv ...
|Senior Vice President of Operations||8.1yrs||US$943.64k||0.0026% $10.4k|
|Senior VP & Chief Merchant||5.4yrs||US$768.98k||no data|
|President||0.2yrs||no data||0.087% $350.5k|
|Interim Chief Financial Officer||0.4yrs||no data||no data|
|Senior VP & Chief Information Officer||3.3yrs||no data||0.085% $343.5k|
|VP & General Counsel||11.8yrs||no data||no data|
|Vice President of HR & LP||0yrs||no data||no data|
|Senior Vice President||0.8yrs||no data||no data|
|Corporate Secretary||0yrs||no data||no data|
Experienced Management: HIBB's management team is considered experienced (3.3 years average tenure).
|President||0.2yrs||no data||0.087% $350.5k|
|Chairman Emeritus||0.8yrs||US$374.33k||0.24% $957.0k|
|Independent Director||17.7yrs||US$170.01k||0.19% $766.1k|
|Independent Director||15.5yrs||US$195.01k||no data|
|Independent Director||11.9yrs||US$166.03k||no data|
|Independent Chairman of the Board||0.8yrs||US$215.01k||0.11% $457.2k|
|Director||0.6yrs||no data||no data|
|Independent Director||9.2yrs||US$195.01k||0.0012% $4.9k|
|Independent Director||3.3yrs||US$170.01k||no data|
|Independent Director||2.5yrs||US$116.85k||no data|
Experienced Board: HIBB's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hibbett Sports, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Hibbett Sports, Inc.
- Ticker: HIBB
- Exchange: NasdaqGS
- Founded: 1945
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: US$405.104m
- Shares outstanding: 17.33m
- Website: https://www.hibbett.com
Number of Employees
- Hibbett Sports, Inc.
- 2700 Milan Court
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HIBB||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Oct 1996|
|HB6||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 1996|
Hibbett Sports, Inc., together with its subsidiaries, engages in the retail of athletic-inspired fashion products through its stores. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, sports equipment, and related accessories. The company also operates hibbett.com and citygear.com e-commerce Websites. As of February 2, 2019, it operated 1,163 stores consisting of 1,025 Hibbett stores and 138 City Gear stores in 35 states of the United States. Hibbett Sports, Inc. was founded in 1945 and is headquartered in Birmingham, Alabama.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 23:40|
|End of Day Share Price||2020/02/14 00:00|
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.