The closing price of Hibbett Inc. (NASDAQ: HIBB) was $69.70 for the day, up 3.64% from the previous closing price of $67.25. In other words, the price has increased by $+2.45 from its previous closing price. On the day, 281826 shares were traded. HIBB stock price reached its highest trading level at $69.75 during the session, while it also had its lowest trading level at $66.68.
Our analysis of HIBB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.20 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
On August 26, 2022, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $75.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 20 when Crudele Anthony F bought 1,677 shares for $69.25 per share. The transaction valued at 116,132 led to the insider holds 27,539 shares of the business.
Crudele Anthony F bought 323 shares of HIBB for $22,368 on Dec 17. The Director now owns 25,862 shares after completing the transaction at $69.25 per share. On Dec 09, another insider, Flur Dorlisa K, who serves as the Director of the company, bought 100 shares for $75.00 each. As a result, the insider paid 7,500 and bolstered with 600 shares of the company.
As of this moment, Hibbett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.06, and their Forward P/E ratio for the next fiscal year is 6.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 2.80.
Stock Price History:
Over the past 52 weeks, HIBB has reached a high of $98.42, while it has fallen to a 52-week low of $39.58. The 50-Day Moving Average of the stock is 58.44, while the 200-Day Moving Average is calculated to be 51.19.
HIBB traded an average of 293.50K shares per day over the past three months and 253.49k shares per day over the past ten days. A total of 12.95M shares are outstanding, with a floating share count of 11.80M. Shares short for HIBB as of Oct 13, 2022 were 1.68M with a Short Ratio of 1.58M, compared to 1.77M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 13.10% and a Short% of Float of 16.55%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.50, HIBB has a forward annual dividend rate of 1.00. Against a Trailing Annual Dividend Yield of 0.74%, it implies a Forward Annual Dividend Yield of 1.60%. The current Payout Ratio is 9.40% for HIBB, which recently paid a dividend on Sep 19, 2022 with an ex-dividend date of Sep 06, 2022. Stock splits for the company last occurred on Sep 27, 2005 when the company split stock in a 3:2 ratio.
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $2.46 for the current quarter, with a high estimate of $2.71 and a low estimate of $2.17, while EPS last year was $1.68. The consensus estimate for the next quarter is $2.47, with high estimates of $2.97 and low estimates of $1.95.
Analysts are recommending an EPS of between $10.15 and $8.9 for the fiscal current year, implying an average EPS of $9.75. EPS for the following year is $10.64, with 6 analysts recommending between $11.67 and $9.6.
A total of 5 analysts have provided revenue estimates for HIBB’s current fiscal year. The highest revenue estimate was $1.74B, while the lowest revenue estimate was $1.7B, resulting in an average revenue estimate of $1.72B. In the same quarter a year ago, actual revenue was $1.69B, up 1.70% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $1.83B in the next fiscal year. The high estimate is $1.92B and the low estimate is $1.78B. The average revenue growth estimate for next year is up 6.40% from the average revenue estimate for this year.