Hibbett Sports Stock Buy Hold or Sell Recommendation
| HIBB Stock | USD 86.49 0.35 0.41% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Hibbett Sports is 'Strong Hold'. Macroaxis provides Hibbett Sports buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HIBB positions. The advice algorithm takes into account all of Hibbett Sports' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Hibbett Sports' buy or sell advice are summarized below:
Real Value 59.52 | Target Price 57.63 | Hype Value 87.18 | Market Value 86.49 | Naive Value 91.5 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hibbett Sports given historical horizon and risk tolerance towards Hibbett Sports. When Macroaxis issues a 'buy' or 'sell' recommendation for Hibbett Sports, the advice is generated through an automated system that utilizes algorithms and statistical models.
Hibbett |
Execute Hibbett Sports Buy or Sell Advice
The Hibbett recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hibbett Sports. Macroaxis does not own or have any residual interests in Hibbett Sports or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hibbett Sports' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Hibbett Sports Trading Alerts and Improvement Suggestions
| Hibbett Sports had very high historical volatility over the last 90 days | |
| Hibbett Sports has a frail financial position based on the latest SEC disclosures | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 2nd of April 2024 Hibbett Sports paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Heres Why Hibbett Has A Meaningful Debt Burden |
Hibbett Sports Returns Distribution Density
The distribution of Hibbett Sports' historical returns is an attempt to chart the uncertainty of Hibbett Sports' future price movements. The chart of the probability distribution of Hibbett Sports daily returns describes the distribution of returns around its average expected value. We use Hibbett Sports price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hibbett Sports returns is essential to provide solid investment advice for Hibbett Sports.
| Mean Return | 0.41 | Value At Risk | -4.05 | Potential Upside | 4.50 | Standard Deviation | 3.46 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hibbett Sports historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hibbett Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hibbett Sports is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hibbett Sports backward and forwards among themselves. Hibbett Sports' institutional investor refers to the entity that pools money to purchase Hibbett Sports' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 232.4 K | Millennium Management Llc | 2023-12-31 | 216.6 K | Smith Graham & Co Inv Adv, L.p.** | 2023-12-31 | 209.4 K | Skylands Capital, Llc | 2023-12-31 | 184.2 K | American Century Companies Inc | 2023-12-31 | 173.1 K | Amvescap Plc. | 2023-12-31 | 172 K | Marshall Wace Asset Management Ltd | 0030-12-31 | 167.8 K | Bank Of New York Mellon Corp | 2023-12-31 | 159.3 K | Goldman Sachs Group Inc | 2023-12-31 | 149.7 K | Blackrock Inc | 2023-12-31 | 2.1 M | Vanguard Group Inc | 2023-12-31 | 892.2 K |
Hibbett Sports Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (8.7M) | 86.0M | (19.2M) | (199.6M) | 76.5M | 80.4M | |
| Change In Cash | 4.3M | 143.2M | (192.2M) | (1.0M) | 5.2M | 5.5M | |
| Free Cash Flow | 75.0M | 163.0M | 88.3M | 14.2M | 60.8M | 41.2M | |
| Depreciation | 29.3M | 29.6M | 35.8M | 43.9M | 49.0M | 51.5M | |
| Other Non Cash Items | 15.0M | 32.6M | (12.3M) | 112K | 128.8K | 122.4K | |
| Capital Expenditures | 17.3M | 34.8M | 71.2M | 62.8M | 57.9M | 60.8M | |
| Net Income | 27.3M | 74.3M | 174.3M | 128.1M | 103.2M | 108.3M | |
| End Period Cash Flow | 66.1M | 209.3M | 17.1M | 16.0M | 21.2M | 20.2M | |
| Change To Netincome | 5.4M | 12.5M | 30.6M | 452K | 519.8K | 493.8K | |
| Investments | (17.0M) | (33.0M) | (70.2M) | (63.2M) | (55.4M) | (52.6M) | |
| Net Borrowings | 34.3M | (36.0M) | (1.0M) | (960K) | (864K) | (820.8K) |
Hibbett Sports Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hibbett Sports or Specialty Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hibbett Sports' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hibbett stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.29 | |
β | Beta against NYSE Composite | 2.41 | |
σ | Overall volatility | 3.50 | |
Ir | Information ratio | 0.10 |
Hibbett Sports Volatility Alert
Hibbett Sports currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.29. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hibbett Sports' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hibbett Sports' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hibbett Sports Fundamentals Vs Peers
Comparing Hibbett Sports' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hibbett Sports' direct or indirect competition across all of the common fundamentals between Hibbett Sports and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hibbett Sports or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hibbett Sports' fundamental indicators could also be used in its relative valuation, which is a method of valuing Hibbett Sports by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hibbett Sports to competition |
| Fundamentals | Hibbett Sports | Peer Average |
| Return On Equity | 0.26 | -0.31 |
| Return On Asset | 0.0927 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 1.36 B | 16.62 B |
| Shares Outstanding | 11.95 M | 571.82 M |
| Shares Owned By Insiders | 2.77 % | 10.09 % |
| Shares Owned By Institutions | 97.23 % | 39.21 % |
| Number Of Shares Shorted | 1.49 M | 4.71 M |
| Price To Earning | 8.21 X | 28.72 X |
| Price To Book | 2.01 X | 9.51 X |
| Price To Sales | 0.49 X | 11.42 X |
| Revenue | 1.73 B | 9.43 B |
| Gross Profit | 601.9 M | 27.38 B |
| EBITDA | 186.03 M | 3.9 B |
| Net Income | 103.16 M | 570.98 M |
| Cash And Equivalents | 28.47 M | 2.7 B |
| Cash Per Share | 2.22 X | 5.01 X |
| Total Debt | 45.3 M | 5.32 B |
| Debt To Equity | 1.22 % | 48.70 % |
| Current Ratio | 1.32 X | 2.16 X |
| Book Value Per Share | 35.53 X | 1.93 K |
| Cash Flow From Operations | 118.7 M | 971.22 M |
| Short Ratio | 4.27 X | 4.00 X |
| Earnings Per Share | 8.17 X | 3.12 X |
| Price To Earnings To Growth | 7.81 X | 4.89 X |
| Target Price | 78.21 | |
| Number Of Employees | 3.95 K | 18.84 K |
| Beta | 1.78 | -0.15 |
| Market Capitalization | 1.03 B | 19.03 B |
| Total Asset | 909.22 M | 29.47 B |
| Retained Earnings | 1.23 B | 9.33 B |
| Working Capital | 170.5 M | 1.48 B |
Note: Acquisition by Michael McAbee of 9000 shares of Hibbett Sports subject to Rule 16b-3 [view details]
Hibbett Sports Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hibbett . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Hibbett Sports Buy or Sell Advice
When is the right time to buy or sell Hibbett Sports? Buying financial instruments such as Hibbett Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 39.7M | 24.1M | 27.8M | 18.4M | Total Assets | 703.2M | 939.2M | 909.2M | 954.7M |
Use Investing Ideas to Build Portfolios
In addition to having Hibbett Sports in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Printing and Publishing Thematic Idea Now
Printing and Publishing
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Printing and Publishing theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Printing and Publishing Theme or any other thematic opportunities.
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Check out Hibbett Sports Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Hibbett Stock refer to our How to Trade Hibbett Stock guide.Note that the Hibbett Sports information on this page should be used as a complementary analysis to other Hibbett Sports' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Hibbett Stock analysis
When running Hibbett Sports' price analysis, check to measure Hibbett Sports' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hibbett Sports is operating at the current time. Most of Hibbett Sports' value examination focuses on studying past and present price action to predict the probability of Hibbett Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hibbett Sports' price. Additionally, you may evaluate how the addition of Hibbett Sports to your portfolios can decrease your overall portfolio volatility.
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Is Hibbett Sports' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hibbett Sports. If investors know Hibbett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hibbett Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 1 | Earnings Share 8.17 | Revenue Per Share 139.832 | Quarterly Revenue Growth 0.018 |
The market value of Hibbett Sports is measured differently than its book value, which is the value of Hibbett that is recorded on the company's balance sheet. Investors also form their own opinion of Hibbett Sports' value that differs from its market value or its book value, called intrinsic value, which is Hibbett Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hibbett Sports' market value can be influenced by many factors that don't directly affect Hibbett Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hibbett Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hibbett Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hibbett Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.