Hibbett Sports Inc

Company Profile

Hibbett Sports Inc had its IPO on 1996-10-10 under the ticker symbol HIBB.

The company operates in the Consumer Cyclical sector and Apparel Retail industry. Hibbett Sports Inc has a staff strength of 3,800 employees.

Stock update

Shares of Hibbett Sports Inc opened at $43.78 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $43.39 - $44.4, and closed at $43.56.

This is a -0.21% slip from the previous day's closing price.

A total volume of 254,613 shares were traded at the close of the day’s session.

In the last one week, shares of Hibbett Sports Inc have slipped by -7.23%.

Hibbett Sports Inc's Key Ratios

Hibbett Sports Inc has a market cap of $538.66 million, indicating a price to book ratio of 2.4808 and a price to sales ratio of 0.511.

In the last 12-months Hibbett Sports Inc’s revenue was $1.72 billion with a gross profit of $601.90 million and an EBITDA of $193.03 million. The EBITDA ratio measures Hibbett Sports Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Hibbett Sports Inc’s operating margin was 8.53% while its return on assets stood at 9.84% with a return of equity of 30.78%.

In Q2.3333333333333, Hibbett Sports Inc’s quarterly earnings growth was a negative -54.3% while revenue growth was a negative 4.6%.

Hibbett Sports Inc’s PE and PEG Ratio

Forward PE

6.0976

Trailing PE

5.2935

PEG

7.81

Its diluted EPS in the last 12-months stands at $8.21 per share while it has a forward price to earnings multiple of 6.0976 and a PEG multiple of 7.81. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hibbett Sports Inc’s profitability.

Hibbett Sports Inc stock is trading at a EV to sales ratio of 0.7175 and a EV to EBITDA ratio of 6.3783. Its price to sales ratio in the trailing 12-months stood at 0.511.

Hibbett Sports Inc stock pays annual dividends of $1 per share, indicating a yield of 2.3% and a payout ratio of 11.85%.

Balance sheet and cash flow metrics

Total Assets

$976.87 million

Total Liabilities

$343.46 million

Operating Cash Flow

$-10359000.00

Capital Expenditure

$11.44 million

Dividend Payout Ratio

11.85%

Hibbett Sports Inc ended 2024 with $976.87 million in total assets and $0 in total liabilities. Its intangible assets were valued at $976.87 million while shareholder equity stood at $397.31 million.

Hibbett Sports Inc ended 2024 with $0 in deferred long-term liabilities, $343.46 million in other current liabilities, 401000.00 in common stock, $1.18 billion in retained earnings and $0 in goodwill. Its cash balance stood at $33.07 million and cash and short-term investments were $33.07 million. The company’s total short-term debt was $181,399,000 while long-term debt stood at $0.

Hibbett Sports Inc’s total current assets stands at $502.46 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $15.45 million compared to accounts payable of $133.31 million and inventory worth $430.82 million.

In 2024, Hibbett Sports Inc's operating cash flow was $-10359000.00 while its capital expenditure stood at $11.44 million.

Comparatively, Hibbett Sports Inc paid $0.12 in dividends in 2024.

Other key metrics

Current Trading Price

$43.56

52-Week High

$74.1646

52-Week Low

$34.4337

Analyst Target Price

$53

Hibbett Sports Inc stock is currently trading at $43.56 per share. It touched a 52-week high of $74.1646 and a 52-week low of $74.1646. Analysts tracking the stock have a 12-month average target price of $53.

Its 50-day moving average was $41.94 and 200-day moving average was $54.06 The short ratio stood at 5.68 indicating a short percent outstanding of 0%.

Around 258.3% of the company’s stock are held by insiders while 9978.6% are held by institutions.