HIBB Stock Overview
Hibbett, Inc., together with its subsidiaries, engages in the retail of athletic-inspired fashion products.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$83.78|
|52 Week High||US$101.65|
|52 Week Low||US$40.17|
|1 Month Change||8.19%|
|3 Month Change||-12.45%|
|1 Year Change||103.55%|
|3 Year Change||429.58%|
|5 Year Change||96.90%|
|Change since IPO||2,020.68%|
Recent News & Updates
When Should You Buy Hibbett, Inc. (NASDAQ:HIBB)?
Hibbett, Inc. ( NASDAQ:HIBB ), might not be a large cap stock, but it received a lot of attention from a substantial...
Hibbett, Inc.: A Brief Opportunity
After a blow-out quarter and an upwardly revised fiscal 2022 forecast, shares of sports apparel and merchandise retailer Hibbett, Inc. initially fell some 20%. With robust sales momentum for all things sporting goods related, an aggressive share repurchase program, and insider buying, Hibbett merited a deeper dive. A full investment analysis follows in the paragraphs below.
Here's Why I Think Hibbett (NASDAQ:HIBB) Might Deserve Your Attention Today
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Hibbett: Things Are Looking Up
Hibbett has had an interesting but rocky road over the past few years. Today, things are looking up for shareholders as the company exhibits attractive growth. Shares are priced at cheap levels and the firm makes for a solid long-term prospect, but the volatility can be unnerving.
|HIBB||US Specialty Retail||US Market|
Return vs Industry: HIBB exceeded the US Specialty Retail industry which returned 29.4% over the past year.
Return vs Market: HIBB exceeded the US Market which returned 21.3% over the past year.
|HIBB Average Weekly Movement||8.5%|
|Specialty Retail Industry Average Movement||6.8%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
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.
About the Company
Hibbett, 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 Website under the hibbett.com name.
Hibbett Fundamentals Summary
|HIBB fundamental statistics|
Is HIBB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HIBB income statement (TTM)|
|Cost of Revenue||US$994.99m|
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
Dec 03, 2021
|Earnings per share (EPS)||12.20|
|Net Profit Margin||11.05%|
How did HIBB perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Is Hibbett undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HIBB ($83.78) is trading above our estimate of fair value ($75.38)
Significantly Below Fair Value: HIBB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HIBB is good value based on its PE Ratio (6.9x) compared to the US Specialty Retail industry average (9.7x).
PE vs Market: HIBB is good value based on its PE Ratio (6.9x) compared to the US market (17.1x).
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's PB Ratio (3.1x) is in line with the US Specialty Retail industry average.
How is Hibbett 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 earnings are forecast to decline over the next 3 years (-11% per year).
Earnings vs Market: HIBB's earnings are forecast to decline over the next 3 years (-11% per year).
High Growth Earnings: HIBB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HIBB's revenue (2.1% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: HIBB's revenue (2.1% 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 performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HIBB has a high level of non-cash earnings.
Growing Profit Margin: HIBB's current net profit margins (11.1%) are higher than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: HIBB's earnings have grown by 16.8% per year over the past 5 years.
Accelerating Growth: HIBB's earnings growth over the past year (450.9%) exceeds its 5-year average (16.8% per year).
Earnings vs Industry: HIBB earnings growth over the past year (450.9%) exceeded the Specialty Retail industry 144.8%.
Return on Equity
High ROE: HIBB's Return on Equity (45.1%) is considered outstanding.
How is Hibbett's financial position?
Financial Position Analysis
Short Term Liabilities: HIBB's short term assets ($418.9M) exceed its short term liabilities ($203.1M).
Long Term Liabilities: HIBB's short term assets ($418.9M) exceed its long term liabilities ($196.8M).
Debt to Equity History and Analysis
Debt Level: HIBB is debt free.
Reducing Debt: HIBB had no debt 5 years ago.
Debt Coverage: HIBB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HIBB has no debt, therefore coverage of interest payments is not a concern.
What is Hibbett current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HIBB's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: HIBB's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (3.58%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether HIBB's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if HIBB's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (2.3%), HIBB's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mike Longo (60 yo)
Mr. Michael E. Longo, also known as Mike, serves as Chief Executive Officer and President at Hibbett Sports, Inc since December 16, 2019 and serves as its Non-Independent Director since December 16, 2019....
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD1.94M) is below average for companies of similar size in the US market ($USD3.62M).
Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance.
Experienced Management: HIBB's management team is considered experienced (2.3 years average tenure).
Experienced Board: HIBB's board of directors are not considered experienced ( 2.5 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: HIBB 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, Inc.'s employee growth, exchange listings and data sources
- Name: Hibbett, Inc.
- Ticker: HIBB
- Exchange: NasdaqGS
- Founded: 1945
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: US$1.240b
- Shares outstanding: 14.81m
- Website: https://www.hibbett.com
Number of Employees
- Hibbett, Inc.
- 2700 Milan Court
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 00:09|
|End of Day Share Price||2021/11/29 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.