NasdaqGS:HIBB

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Excellent 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


Market Performance


7 Day Return

-1.5%

HIBB

1.5%

US Specialty Retail

0.4%

US Market


1 Year Return

31.1%

HIBB

8.0%

US Specialty Retail

6.9%

US Market

Return vs Industry: HIBB exceeded the US Specialty Retail industry which returned 8% over the past year.

Return vs Market: HIBB exceeded the US Market which returned 6.9% over the past year.


Shareholder returns

HIBBIndustryMarket
7 Day-1.5%1.5%0.4%
30 Day15.4%3.2%-1.2%
90 Day14.7%4.4%-0.4%
1 Year31.1%31.1%9.8%8.0%9.3%6.9%
3 Year-44.2%-44.2%42.6%35.3%45.8%36.4%
5 Year-47.8%-47.8%57.5%43.6%62.9%45.1%

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?

22.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: HIBB ($22.75) is trading below our estimate of fair value ($29.51)

Significantly Undervalued: HIBB is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: HIBB is poor value based on its PE Ratio (15.3x) compared to the Specialty Retail industry average (15.4x).

PE vs Market: HIBB is good value based on its PE Ratio (15.3x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: HIBB is good value based on its PEG Ratio (0.7x)


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 (1.4x).


Next Steps

Future Growth

How is Hibbett Sports forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

21.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HIBB's forecast earnings growth (21.4% per year) is above the savings rate (2.7%).

Earnings vs Market: HIBB's earnings (21.4% per year) are forecast to grow faster than the US market (14.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HIBB's revenue is expected to decline over the next 3 years (-0.4% per year).

High Growth Revenue: HIBB's revenue is forecast to decline over the next 3 years (-0.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

High 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?

-20.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: HIBB's earnings have declined by -20.2% 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 (-27.6%) over the past year, making it difficult to compare to the Specialty Retail industry average (8.3%).


Return on Equity

High ROE: HIBB's Return on Equity (8%) is considered low.


Return on Assets

ROA vs Industry: HIBB's Return on Assets is below or equal to the Specialty Retail industry average last year.


Return on Capital Employed

ROCE Improving: HIBB's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Hibbett Sports's financial position?


Financial Position Analysis

Short Term Liabilities: HIBB's short term assets ($382.6M) exceeds its short term liabilities ($232.7M)

Long Term Liabilities: HIBB's short term assets (382.6M) exceeds its long term liabilities (197.0M)


Debt to Equity History and Analysis

Debt Level: HIBB's debt to equity ratio (5%) is considered satisfactory

Reducing Debt: HIBB's debt to equity ratio has increased from 0% to 5% over the past 5 years.

Debt Coverage: HIBB's debt is well covered by operating cash flow (500.2%).

Interest Coverage: HIBB's interest payments on its debt are well covered by EBIT (832.2x coverage).


Balance Sheet

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 22.508110x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.0%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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.

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

What is the CEO of Hibbett Sports's salary, the management and board of directors tenure and is there insider trading?

5.1yrs

Average management tenure


CEO

Jeff Rosenthal (61yo)

9.6yrs

Tenure

US$1,603,575

Compensation

Mr. Jeffry O. Rosenthal, also known as Jeff, has been Chief Executive Officer of Hibbett Sports, Inc. since March 2010, President since February 2009 and as its Director since October 2013. He serves as th ...


CEO Compensation Analysis

Compensation vs. Market: Jeff's total compensation ($USD1.60M) is about average for companies of similar size in the US market ($USD1.79M).

Compensation vs Earnings: Jeff's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

5.1yrs

Average Tenure

52yo

Average Age

Experienced Management: HIBB's management team is seasoned and experienced (5.1 years average tenure).


Board Age and Tenure

4.5yrs

Average Tenure

63.5yo

Average Age

Experienced Board: HIBB's board of directors are considered experienced (4.5 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$28,22115 Oct 19
Cathy Pryor
EntityIndividual
Role
Chief Operating Officer
Senior Vice President of Operations
Shares1,227
Max PriceUS$23.00
BuyUS$97,02010 Sep 19
Ronald Blahnik
EntityIndividual
Role
Chief Information Officer
Senior VP & Chief Information Officer
Shares6,125
Max PriceUS$15.84

Ownership Breakdown


Management Team

  • Cathy Pryor (56yo)

    Senior Vice President of Operations

    • Tenure: 7.8yrs
    • Compensation: US$943.64k
  • Jeff Rosenthal (61yo)

    President

    • Tenure: 9.6yrs
    • Compensation: US$1.60m
  • Jared Briskin (46yo)

    Senior VP & Chief Merchant

    • Tenure: 5.1yrs
    • Compensation: US$768.98k
  • Michael Myers

    Vice President of HR & LP

    • Tenure: 0yrs
  • David Benck

    VP & General Counsel

    • Tenure: 11.5yrs
  • Elaine Rodgers

    Corporate Secretary

    • Tenure: 0yrs
  • Bill Quinn

    Senior Vice President

    • Tenure: 0.5yrs
  • Scott Humphrey (48yo)

    Interim Chief Financial Officer

    • Tenure: 0.08yrs
  • Ronald Blahnik

    Senior VP & Chief Information Officer

    • Tenure: 2.9yrs

Board Members

  • Mickey Newsome (80yo)

    Chairman Emeritus

    • Tenure: 0.4yrs
    • Compensation: US$374.33k
  • Jeff Rosenthal (61yo)

    President

    • Tenure: 9.6yrs
    • Compensation: US$1.60m
  • Ralph Parks (73yo)

    Independent Director

    • Tenure: 17.3yrs
    • Compensation: US$170.01k
  • Al Yother (66yo)

    Independent Director

    • Tenure: 15.2yrs
    • Compensation: US$195.01k
  • Terry Finley (65yo)

    Independent Director

    • Tenure: 11.6yrs
    • Compensation: US$166.03k
  • Tony Crudele (62yo)

    Independent Chairman of the Board

    • Tenure: 0.4yrs
    • Compensation: US$215.01k
  • Lorna Nagler (62yo)

    Director

    • Tenure: 0.3yrs
  • Jane Aggers (71yo)

    Independent Director

    • Tenure: 8.8yrs
    • Compensation: US$195.01k
  • Karen Etzkorn (55yo)

    Independent Director

    • Tenure: 2.9yrs
    • Compensation: US$170.01k
  • Jim Hilt (43yo)

    Independent Director

    • Tenure: 2.2yrs
    • Compensation: US$116.85k

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$401.073m
  • Shares outstanding: 17.63m
  • Website: https://www.hibbett.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HIBBNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDOct 1996
HB6DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1996

Biography

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, a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 23:36
End of Day Share Price2019/10/18 00:00
Earnings2019/08/03
Annual Earnings2019/02/02


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.