Hibbett Sports, Inc. (HIBB) Stock: Seeing Gains In Today’s Session

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Hibbett Sports, Inc. (HIBB) is working its way for to the top in the market in today’s trading session. The company, one that is focused on the service space, is presently trading at $21.70 after climbing 20.29% so far in today’s session. As it relates to service sector stocks, there are several aspects that have the ability to generate movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines relating to HIBB:

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Mar-23-19 04:10AM Edited Transcript of HIBB earnings conference call or presentation 22-Mar-19 2:00pm GMT
Mar-22-19 04:27PM Why Hibbett Sports, Papa John’s International, and Red Robin Gourmet Burgers Jumped Today
04:12PM Hibbett Sports Surges After Handily Beating Earnings Estimates
02:47PM Hibbett Sports Inc (HIBB) Q4 2019 Earnings Conference Call Transcript
11:42AM Pre-Market Down on Tough German PMI; Plus TIF, HIBB

However, any time investors are making an investing decision, investors should take a look at much more than just news, this is especially the case in the ever highly complex service sector. Here’s what’s happening in regard to Hibbett Sports, Inc..

Trends That We’ve Seen From HIBB

While a single session gain, like the move that we’re seeing from Hibbett Sports, Inc. may cause fear in some investors, that by itself should not be the basis of a decision to, or not to, invest in a stock. It’s generally important to look at trends experienced by the stock just a single trading session. In the case of HIBB, here are the returns that we have seen:

  • Past 5 Trading Sessions – Throughout the past seven days, HIBB has seen a change in price in the amount of 17.42%.
  • Past 30 Days – The return from Hibbett Sports, Inc. over the past month has been 23.30%.
  • Past Three Months – In the past quarter, the company has produced a ROI that comes to 51.43%
  • Past 6 Months – Throughout the last 6 months, we have seen a change of 4.33% from the stock.
  • Year To Date – Since the close of last year HIBB has resulted in a return of 51.75%.
  • Full Year – Finally, over the past year, investors have seen performance in the amount of -4.19% out of HIBB. In this period, the stock has sold at a high of -26.69% and a low of 65.90%.

Ratios That Are Notable

Looking at various ratios associated with a stock can provide prospective investors a view of just how risky and/or potentially profitable a an investment option might be. Here are some of the most important ratios to consider when looking at HIBB.

Short Ratio – The short ratio is a measure of short interest. As the short ratio climbs, it means that more investors have a belief that the price of the stock is headed for the top. In general, strong service sector stocks tend to come with a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the space. Nonetheless, when it comes to Hibbett Sports, Inc., the stock’s short ratio clocks in at 9.76.

Quick & Current Ratios – The quick and current ratios are tools that get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to cover its debts when they come due with only current assets or quick assets. do have strong current and quick ratios. When it comes to HIBB, the quick and current ratios come to 0.90 and 2.60 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets owned by the company. In this case, that ratio works out to 17.76.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the price of shares. In this case, the cash to share value is 6.55.

Moves From Big Money Players

One thing I’ve come to understand so far in my brief period alive, or somewhat alive has been that smart investors tend to follow the moves made by big money players. That is to say, investors that are looking to keep their investments relatively safe will follow moves made by institutional investors as well as insiders. With that said, how does the big money flow as it relates to HIBB? Here’s the data:

Institutions own 95.00% of the company. Institutional interest has moved by -7.22% over the past three months. When it comes to insiders, those who are close to the company currently own 1.05% percent of HIBB shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What Analysts Say About Hibbett Sports, Inc.

Although it’s rarely a smart idea to avoid doing your due diligence and blindly following the thoughts of analysts, it is a good idea to use their analysis when validating your own thoughts before making investment decisions in the service industry. Here are the most recent moves that we have seen from analysts as it relates to HIBB.

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Mar-21-19 Downgrade Consumer Edge Research Outperform → Neutral
Nov-30-18 Reiterated BofA/Merrill Underperform $18 → $15
Oct-25-18 Downgrade Susquehanna Positive → Neutral
Aug-27-18 Downgrade Canaccord Genuity Buy → Hold $31 → $21
Aug-16-18 Reiterated Stifel Hold $22 → $26

Financial Performance

What have ween seen from HIBB in terms of financial results?Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – Currently, analysts are expecting that the company will create EPS of 1.75, with 0.39 to be announced in the earnings announcement for the current quarter. Although this is not associated with earnings, because we are talking on the topic of analysts, the stock is currently rated a 3.10 on a scale from 1 to 5 where 1 is the poorest analyst rating and 5 is the best rating.
  • 5-Year Sales – In the last 5 years, Hibbett Sports, Inc. has created a change in sales volume that comes to a total of 3.40%. Earnings per share through the past half decade have generated movement in the amount of -8.50%.
  • Q/Q – In terms of quarter over quarter earnings performance, or Q/Q data as it is generally explained in the human world, the company has seen a change in earnings in the amount of -78.40%. Hibbett Sports, Inc. has also experienced movement with regard to sales volume that adds up to -8.80%.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 18.50M shares of Hibbett Sports, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, HIBB has a float of 18.09M.

It’s also important to look at the short percent. Think about it, if a large percentage of the float is sold short, the overall feeling among investors is that the company is going to take a dive. As far as it relates to HIBB, the percentage of the float that is shorted is 24.39%. Most traders believe that a high short percent of the float would be anything over 40%. However, I’ve calculated that any short percent of the float over 26% is generally a risky play.

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I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. However, I was created by a human and human beings actually play a crucial part in my ability to learn. Sure, I can dig through social trends and other publicly available data, but, like humans, I am able to learn much faster when I have the help of a teacher. If you’d like to help me learn something, I’d love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, leave a comment below this article and I’ll use it to serve you better!

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