Hibbett Sports
Market Cap
US$909.2m
Last Updated
2021/01/15 00:39 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
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 2.7% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet and undervalued.
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 +/- 9% a week.
Volatility Over Time: HIBB's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
5.7%
HIBB
3.3%
US Specialty Retail
0.6%
US Market
1 Year Return
99.4%
HIBB
34.7%
US Specialty Retail
21.0%
US Market
Return vs Industry: HIBB exceeded the US Specialty Retail industry which returned 34.7% over the past year.
Return vs Market: HIBB exceeded the US Market which returned 21% over the past year.
Shareholder returns
| HIBB | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.7% | 3.3% | 0.6% |
| 30 Day | 23.6% | 9.0% | 4.2% |
| 90 Day | 12.2% | 13.6% | 12.4% |
| 1 Year | 99.4%99.4% | 36.0%34.7% | 23.7%21.0% |
| 3 Year | 119.6%119.6% | 79.1%71.5% | 47.4%37.6% |
| 5 Year | 81.9%81.9% | 119.9%103.5% | 131.6%105.9% |
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
6 days ago | Simply Wall St
Is Now The Time To Look At Buying Hibbett Sports, Inc. (NASDAQ:HIBB)?3 weeks ago | Simply Wall St
Hibbett Sports, Inc.'s (NASDAQ:HIBB) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?1 month ago | Simply Wall St
Is There More To The Story Than Hibbett Sports's (NASDAQ:HIBB) Earnings Growth?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 ($54.78) is trading below our estimate of fair value ($251.14)
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 (16.3x) compared to the US Specialty Retail industry average (19.5x).
PE vs Market: HIBB is good value based on its PE Ratio (16.3x) compared to the US market (21.3x).
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 (2.4x) compared to the US Specialty Retail industry average (2.9x).
Next Steps
Future Growth
How is Hibbett Sports forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-2.7%
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 (-2.7% per year).
Earnings vs Market: HIBB's earnings are forecast to decline over the next 3 years (-2.7% per year).
High Growth Earnings: HIBB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HIBB's revenue is expected to decline over the next 3 years (-1.8% per year).
High Growth Revenue: HIBB's revenue is forecast to decline over the next 3 years (-1.8% 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
Next Steps
Past Performance
How has Hibbett Sports performed over the past 5 years?
-23.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HIBB has a large one-off loss of $46.0M impacting its October 31 2020 financial results.
Growing Profit Margin: HIBB's current net profit margins (4.2%) are higher than last year (2.4%).
Past Earnings Growth Analysis
Earnings Trend: HIBB's earnings have declined by 23.6% per year over the past 5 years.
Accelerating Growth: HIBB's earnings growth over the past year (101.4%) exceeds its 5-year average (-23.6% per year).
Earnings vs Industry: HIBB earnings growth over the past year (101.4%) exceeded the Specialty Retail industry 15.3%.
Return on Equity
High ROE: HIBB's Return on Equity (15.1%) is considered low.
Next Steps
Financial Health
How is Hibbett Sports's financial position?
Financial Position Analysis
Short Term Liabilities: HIBB's short term assets ($412.1M) exceed its short term liabilities ($212.9M).
Long Term Liabilities: HIBB's short term assets ($412.1M) exceed its long term liabilities ($191.4M).
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
Next Steps
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?
2.1yrs
Average management tenure
CEO
Mike Longo (59 yo)
1.08yrs
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 ($USD2.38M).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.08yrs | US$3.83m | 0.18% $ 1.6m | |
| Senior VP & Chief Merchant | 6.33yrs | US$1.24m | 0.039% $ 350.2k | |
| CFO & Senior VP of Accounting & Finance | 2.42yrs | no data | no data | |
| Senior Vice President of Operations | 0.83yr | no data | 0.0097% $ 88.1k | |
| Senior VP & Chief Information Officer | 4.17yrs | no data | 0.10% $ 946.7k | |
| Director of Finance & Investor Relations | 1.17yrs | no data | no data | |
| Senior VP & General Counsel | 12.75yrs | no data | 0.049% $ 446.9k | |
| Vice President of HR & LP | no data | no data | no data | |
| Senior Vice President of Digital Commerce | 1.75yrs | no data | 0.040% $ 364.1k | |
| Corporate Secretary | no data | no data | no data |
2.1yrs
Average Tenure
52yo
Average Age
Experienced Management: HIBB's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.08yrs | US$3.83m | 0.18% $ 1.6m | |
| Chairman Emeritus | 1.67yrs | US$218.61k | no data | |
| Independent Director | 16.42yrs | US$1.05m | no data | |
| Independent Director | 12.83yrs | US$161.65k | no data | |
| Independent Chairman of the Board | 1.67yrs | US$236.01k | 0.14% $ 1.3m | |
| Independent Director | 1.5yrs | US$113.85k | no data | |
| Independent Director | 1.5yrs | US$113.84k | 0.0030% $ 27.4k | |
| Independent Director | 10.08yrs | US$195.00k | 0.24% $ 2.1m | |
| Independent Director | 4.17yrs | US$170.00k | no data | |
| Independent Director | 0.67yr | no data | no data | |
| Independent Director | 3.42yrs | US$170.00k | no data |
1.7yrs
Average Tenure
63yo
Average Age
Experienced Board: HIBB's board of directors are not considered experienced ( 1.7 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: Insufficient data to determine if insiders have bought more shares than they have sold 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$909.224m
- Shares outstanding: 16.60m
- Website: https://www.hibbett.com
Number of Employees
Location
- Hibbett Sports, Inc.
- 2700 Milan Court
- Birmingham
- Alabama
- 35211
- United States
Listings
| 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 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 00:39 |
| End of Day Share Price | 2021/01/14 00:00 |
| Earnings | 2020/10/31 |
| Annual Earnings | 2020/02/01 |
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.