NasdaqGS:HIBB

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

12.7%

HIBB

3.0%

US Specialty Retail

4.0%

US Market


1 Year Return

20.6%

HIBB

-5.9%

US Specialty Retail

5.0%

US Market

Return vs Industry: HIBB exceeded the US Specialty Retail industry which returned -5.9% over the past year.

Return vs Market: HIBB exceeded the US Market which returned 4.9% over the past year.


Shareholder returns

HIBBIndustryMarket
7 Day12.7%3.0%4.0%
30 Day15.9%-6.7%-1.1%
90 Day84.0%27.9%21.1%
1 Year20.6%20.6%-4.7%-5.9%7.2%5.0%
3 Year21.1%21.1%30.0%23.7%36.0%27.1%
5 Year-49.1%-49.1%18.0%8.1%65.3%46.9%

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?

1.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: HIBB ($22.98) is trading above our estimate of fair value ($17.15)

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


Price To Earnings Ratio

PE vs Industry: HIBB is unprofitable, so we can't compare its PE Ratio to the Specialty Retail industry average.

PE vs Market: HIBB is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HIBB's PEG Ratio to determine if it is good value.


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?

145.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HIBB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: HIBB is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HIBB's is expected to become profitable in the next 3 years.

Revenue vs Market: HIBB's revenue (7% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: HIBB's revenue (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


Next Steps

Past Performance

How has Hibbett Sports performed over the past 5 years?

-28.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HIBB is currently unprofitable.

Growing Profit Margin: HIBB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HIBB is unprofitable, and losses have increased over the past 5 years at a rate of -28.8% per year.

Accelerating Growth: Unable to compare HIBB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HIBB is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-12.9%).


Return on Equity

High ROE: HIBB has a negative Return on Equity (-5.19%), as it is currently unprofitable.


Next Steps

Financial Health

How is Hibbett Sports's financial position?


Financial Position Analysis

Short Term Liabilities: HIBB's short term assets ($380.5M) exceed its short term liabilities ($243.6M).

Long Term Liabilities: HIBB's short term assets ($380.5M) exceed its long term liabilities ($190.4M).


Debt to Equity History and Analysis

Debt Level: HIBB's debt to equity ratio (16.4%) is considered satisfactory.

Reducing Debt: HIBB's debt to equity ratio has increased from 0% to 16.4% over the past 5 years.

Debt Coverage: HIBB's debt is well covered by operating cash flow (48.2%).

Interest Coverage: HIBB is unprofitable, therefore interest payments are not well covered by earnings.


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?

1.6yrs

Average management tenure


CEO

Michael Longo (59yo)

0.58

Tenure

US$3,829,613

Compensation

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 ...


CEO Compensation Analysis

Compensation vs Market: Michael's total compensation ($USD3.83M) is above average for companies of similar size in the US market ($USD2.15M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Michael Longo
President0.58yrUS$3.83m0.18% $708.1k
Jared Briskin
Senior VP & Chief Merchant5.83yrsUS$1.24m0.039% $150.9k
Robert Volke
CFO & Senior VP of Accounting & Finance1.92yrsno datano data
Benjamin Knighten
Senior Vice President of Operations0.33yrno data0.0097% $38.0k
Ronald Blahnik
Senior VP & Chief Information Officer3.67yrsno data0.10% $407.9k
Jason Freuchtel
Director of Finance & Investor Relations0.67yrno datano data
David Benck
Senior VP & General Counsel12.25yrsno data0.049% $192.5k
Michael Myers
Vice President of HR & LPno datano datano data
William Quinn
Senior Vice President of Digital Commerce1.25yrsno data0.040% $156.9k
Elaine Rodgers
Corporate Secretaryno datano datano data

1.6yrs

Average Tenure

52yo

Average Age

Experienced Management: HIBB's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Longo
President0.58yrUS$3.83m0.18% $708.1k
Michael Newsome
Chairman Emeritus1.17yrsUS$218.61k0.25% $966.6k
Alton Yother
Independent Director15.92yrsUS$1.05mno data
Terrance Finley
Independent Director12.33yrsUS$161.65kno data
Anthony Crudele
Independent Chairman of the Board1.17yrsUS$236.01k0.15% $566.4k
Lorna Nagler
Independent Director1yrUS$113.85kno data
Dorlisa Flur
Independent Director1yrUS$113.84k0.0030% $11.8k
Jane Aggers
Independent Director9.58yrsUS$195.00k0.22% $861.4k
Karen Etzkorn
Independent Director3.67yrsUS$170.00kno data
James Hilt
Independent Director2.92yrsUS$170.00kno data

2.0yrs

Average Tenure

63yo

Average Age

Experienced Board: HIBB's board of directors are not considered experienced ( 2 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$390.246m
  • Shares outstanding: 16.53m
  • 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. 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 e-commerce Websites under the hibbett.com and citygear.com names. As of February 1, 2020, it operated 1,081 stores consisting of 932 Hibbett stores and 149 City Gear stores in 35 states of the United States. Hibbett Sports, Inc. was founded in 1945 and is based in Birmingham, Alabama. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/07 00:04
End of Day Share Price2020/07/06 00:00
Earnings2020/05/02
Annual Earnings2020/02/01


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.