Hibbett Sports, Inc. (HIBB) Can’t Burn Your Long Portfolio. Has Another Strong Session

September 17, 2017 - By Stephen Andrade

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.17, from 1.1 in 2016Q3. It dropped, as 25 investors sold Hibbett Sports, Inc. shares while 60 reduced holdings. 23 funds opened positions while 56 raised stakes. 28.47 million shares or 1.39% less from 28.87 million shares in 2016Q3 were reported.
Hood River Management Ltd Liability Company invested in 245,717 shares. Moreover, Shaker Invs Ltd Llc Oh has 0.84% invested in Hibbett Sports, Inc. (NASDAQ:HIBB). Pnc Fin Group Incorporated owns 1,576 shares. Asset Management invested in 0% or 1,301 shares. Tyvor Ltd Liability Corporation invested 0.23% of its portfolio in Hibbett Sports, Inc. (NASDAQ:HIBB). Us-based Grandeur Peak Advsrs Limited Liability Com has invested 0.67% in Hibbett Sports, Inc. (NASDAQ:HIBB). Fmr reported 0.01% stake. Capstone Asset Mgmt reported 0.01% stake. Lombardia Cap Prns owns 355,429 shares for 1.36% of their portfolio. Comml Bank Of America De stated it has 146,533 shares. Hsbc Hldgs Public Limited Co holds 8,985 shares or 0% of its portfolio. Franklin Resource has 0.01% invested in Hibbett Sports, Inc. (NASDAQ:HIBB) for 548,563 shares. Louisiana State Employees Retirement Sys holds 0.02% or 9,000 shares. Commercial Bank Of Montreal Can reported 1,165 shares stake. Guggenheim Capital Lc invested in 10,391 shares or 0% of the stock.

Since March 22, 2017, it had 0 buys, and 1 sale for $86,549 activity. BRISKIN JARED S also sold $86,549 worth of Hibbett Sports, Inc. (NASDAQ:HIBB) shares.

The stock of Hibbett Sports, Inc. (NASDAQ:HIBB) is a huge mover today! The stock increased 4.53% or $0.6 on September 15, reaching $13.85. About 1.81 million shares traded or 61.61% up from the average. Hibbett Sports, Inc. (NASDAQ:HIBB) has declined 26.07% since September 17, 2016 and is downtrending. It has underperformed by 42.77% the S&P500.
The move comes after 5 months positive chart setup for the $284.48 million company. It was reported on Sep, 17 by Barchart.com. We have $15.10 PT which if reached, will make NASDAQ:HIBB worth $25.60M more.

Investors wait Hibbett Sports, Inc. (NASDAQ:HIBB) to report on November, 17. its quarterly earnings Wall Street analysts expect $0.21 EPS, down $0.45 or 68.18 % from last year’s $0.66 same quarter earnings. This translates into $4.31M profit for HIBB giving the stock a 16.49 P/E. This is assuming the current $0.21 EPS is accurate. Hibbett Sports, Inc.’s Wall Street analysts see -240.00 % EPS growth, taking into account the $-0.15 EPS reproted in the previous quarter,

Hibbett Sports, Inc. (NASDAQ:HIBB) Ratings Coverage

Among 20 analysts covering Hibbett Sports (NASDAQ:HIBB), 3 have Buy rating, 3 Sell and 14 Hold. Therefore 15% are positive. Hibbett Sports had 44 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was initiated by Stifel Nicolaus with “Hold” on Friday, June 24. Goldman Sachs downgraded the shares of HIBB in report on Tuesday, March 15 to “Sell” rating. The company was maintained on Monday, August 24 by Sterne Agee CRT. The firm has “Hold” rating by Stifel Nicolaus given on Friday, August 18. The stock of Hibbett Sports, Inc. (NASDAQ:HIBB) has “Neutral” rating given on Friday, November 18 by Sidoti. The company was initiated on Friday, October 2 by Barrington Research. Bank of America maintained it with “Underperform” rating and $10 target in Monday, August 21 report. The stock of Hibbett Sports, Inc. (NASDAQ:HIBB) earned “Hold” rating by Deutsche Bank on Tuesday, August 25. As per Monday, August 28, the company rating was downgraded by Forward View Consulting. Canaccord Genuity maintained the stock with “Hold” rating in Monday, November 23 report.

More notable recent Hibbett Sports, Inc. (NASDAQ:HIBB) news were published by: Realmoney.Thestreet.com which released: “Hibbett Sports Is Worth a Shot After Sporting Goods Misses” on August 21, 2017, also Prnewswire.com with their article: “Hibbett Sports Announces University of Alabama Football Sponsorship Through 2019” published on September 01, 2017, Seekingalpha.com published: “Stick A Fork In Hibbett Sports” on August 22, 2017. More interesting news about Hibbett Sports, Inc. (NASDAQ:HIBB) were released by: Seekingalpha.com and their article: “Buy This Retailer Trading Below Book Value” published on August 19, 2017 as well as Fool.com‘s news article titled: “Why Hibbett Sports, Inc. Stock Fell on Friday” with publication date: August 18, 2017.

Hibbett Sports, Inc. operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. The company has market cap of $284.48 million. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states. It has a 6.84 P/E ratio. The Company’s primary retail format is Hibbett Sports, which is an approximately 5,000 square foot store.

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