Hibbett Inc. (NASDAQ: HIBB) closed the day trading at $44.16 down -2.56% from the previous closing price of $45.32. In other words, the price has decreased by -$1.16 from its previous closing price. On the day, 711239 shares were traded. HIBB stock price reached its highest trading level at $45.43 during the session, while it also had its lowest trading level at $43.69.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
For a better understanding of HIBB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 461.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.20 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 13 when Hilt James A sold 8,154 shares for $61.18 per share. The transaction valued at 498,862 led to the insider holds 2,380 shares of the business.
Hilt James A sold 5,346 shares of HIBB for $332,682 on Apr 12. The Director now owns 2,380 shares after completing the transaction at $62.23 per share. On Apr 10, another insider, Flur Dorlisa K, who serves as the Director of the company, sold 714 shares for $60.00 each. As a result, the insider received 42,840 and left with 5,598 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HIBB now has a Market Capitalization of 800.52M and an Enterprise Value of 1.13B. As of this moment, Hibbett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.60, and their Forward P/E ratio for the next fiscal year is 4.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 0.66 whereas that against EBITDA is 5.30.
Stock Price History:
Over the past 52 weeks, HIBB has reached a high of $75.38, while it has fallen to a 52-week low of $39.62. The 50-Day Moving Average of the stock is 55.79, while the 200-Day Moving Average is calculated to be 61.38.
Over the past 3-months, HIBB traded about 275.95K shares per day on average, while over the past 10 days, HIBB traded about 333.71k shares per day. A total of 12.79M shares are outstanding, with a floating share count of 11.72M. Insiders hold about 0.10% of the company’s shares, while institutions hold 102.17% stake in the company. Shares short for HIBB as of May 14, 2023 were 1.56M with a Short Ratio of 1.56M, compared to 1.46M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 12.21% and a Short% of Float of 15.02%.
Dividends & Splits
HIBB’s forward annual dividend rate is 1.00, up from 1.00 a year ago. Against a Trailing Annual Dividend Yield of 2.21%, it implies a Forward Annual Dividend Yield of 2.16%. The current Payout Ratio is 7.60% for HIBB, which recently paid a dividend on Mar 27, 2023 with an ex-dividend date of Mar 14, 2023. Stock splits for the company last occurred on Sep 27, 2005 when the company split stock in a 3:2 ratio.
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of $3.04 for the current quarter, with a high estimate of $3.26 and a low estimate of $2.76, while EPS last year was $2.89. The consensus estimate for the next quarter is $1.39, with high estimates of $1.69 and low estimates of $1.2.
Analysts are recommending an EPS of between $9.7 and $8.15 for the fiscal current year, implying an average EPS of $9.14. EPS for the following year is $10.19, with 6 analysts recommending between $11.2 and $8.4.
6 analysts predict $460.4M in revenue for the current quarter. It ranges from a high estimate of $473.14M to a low estimate of $451.6M. As of the current estimate, Hibbett Inc.’s year-ago sales were $424.05M, an estimated increase of 8.60% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $399.61M, an increase of 1.70% less than the figure of $8.60% in the same quarter last year. There is a high estimate of $416.9M for the next quarter, whereas the lowest estimate is $390.17M.
A total of 6 analysts have provided revenue estimates for HIBB’s current fiscal year. The highest revenue estimate was $1.81B, while the lowest revenue estimate was $1.76B, resulting in an average revenue estimate of $1.79B. In the same quarter a year ago, actual revenue was $1.71B, up 4.50% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.87B in the next fiscal year. The high estimate is $1.93B and the low estimate is $1.82B. The average revenue growth estimate for next year is up 5.00% from the average revenue estimate for this year.