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Market Cap

US$1.2b

Last Updated

2021/04/11 22:05 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

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 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.


Market Performance


7 Day Return

4.7%

HIBB

3.7%

US Specialty Retail

2.1%

US Market


1 Year Return

451.3%

HIBB

116.8%

US Specialty Retail

56.3%

US Market

Return vs Industry: HIBB exceeded the US Specialty Retail industry which returned 116.8% over the past year.

Return vs Market: HIBB exceeded the US Market which returned 56.3% over the past year.


Shareholder returns

HIBBIndustryMarket
7 Day4.7%3.7%2.1%
30 Day8.7%2.4%2.4%
90 Day33.6%15.6%6.8%
1 Year451.3%451.3%118.1%116.8%59.1%56.3%
3 Year173.3%173.3%116.8%108.2%65.7%55.1%
5 Year108.8%108.8%111.0%95.1%122.3%97.7%

Long-Term 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

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HIBB ($72.71) is trading below our estimate of fair value ($427.21)

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 (16.2x) compared to the US Specialty Retail industry average (19.8x).

PE vs Market: HIBB is good value based on its PE Ratio (16.2x) compared to the US market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: HIBB is poor value based on its PEG Ratio (1.5x)


Price to Book Ratio

PB vs Industry: HIBB's PB Ratio (3.1x) is in line with the US Specialty Retail industry average.


Future Growth

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

10.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HIBB's forecast earnings growth (10.8% per year) is above the savings rate (2%).

Earnings vs Market: HIBB's earnings (10.8% per year) are forecast to grow slower than the US market (18.6% per year).

High Growth Earnings: HIBB's earnings are forecast to grow, but not significantly.

Revenue vs Market: HIBB's revenue (0.7% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: HIBB's revenue (0.7% 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 Sports performed over the past 5 years?

-16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HIBB has a large one-off loss of $60.5M impacting its January 30 2021 financial results.

Growing Profit Margin: HIBB's current net profit margins (5.2%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: HIBB's earnings have declined by 16.2% per year over the past 5 years.

Accelerating Growth: HIBB's earnings growth over the past year (171.5%) exceeds its 5-year average (-16.2% per year).

Earnings vs Industry: HIBB earnings growth over the past year (171.5%) exceeded the Specialty Retail industry 30.5%.


Return on Equity

High ROE: HIBB's Return on Equity (19%) is considered low.


Financial Health

How is Hibbett Sports's financial position?


Financial Position Analysis

Short Term Liabilities: HIBB's short term assets ($439.8M) exceed its short term liabilities ($225.3M).

Long Term Liabilities: HIBB's short term assets ($439.8M) exceed its long term liabilities ($191.8M).


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 Sports's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HIBB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HIBB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Mike Longo (59 yo)

1.33yrs

Tenure

US$3,829,613

Compensation

Mr. Michael E. Longo, also known as Mike, 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 Decem...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD3.83M) is above average for companies of similar size in the US market ($USD2.16M).

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


Leadership Team

Experienced Management: HIBB's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: HIBB's board of directors are not considered experienced ( 1.9 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 only sold shares 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 Sports, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hibbett Sports, Inc.
  • Ticker: HIBB
  • Exchange: NasdaqGS
  • Founded: 1945
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: US$1.178b
  • Shares outstanding: 16.21m
  • Website: https://www.hibbett.com

Number of Employees


Location

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

Listings


Biography

Hibbett Sports, 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...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 22:05
End of Day Share Price2021/04/09 00:00
Earnings2021/01/30
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.