Hibbett Sports, Inc. (NASDAQ:HIBB) Sees Unusual Trading Volume in Its Shares


On Friday, October 2 the stock rating was initiated by Barrington Research with "Mkt Perform". The rating was maintained by Oppenheimer with "Buy" on Monday, September 21. ValuEngine cut shares of Hibbett Sports from a "buy" rating to a "hold" rating in a research note on Friday, June 2nd.

The closing price represents the final price that a stock is traded for on a trading day. The average volume stands around 0.69 million shares. (NASDAQ:HIBB) has "Neutral" rating given on Tuesday, February 14 by Susquehanna. As per Monday, August 24, the company rating was maintained by Oppenheimer.

Investors sentiment increased to 0.95 in Q4 2016.

QEP's price to sales ratio for trailing twelve months is 1.080and price to book ratio for most recent quarter is 0.4697, whereas price to cash per share for the most recent quarter is 9.581. 121 funds opened positions while 478 raised stakes. The stock of Hibbett Sports, Inc. Cranbrook Wealth Mgmt Ltd reported 1,038 shares. Epoch Inv Prtnrs invested in 0.08% or 563,937 shares. CROX is down around 35.47% from its 12-month high of $5.93 notched on May 08, 2017 but is -5.55% above its highest point the past 12 months of $9.7 a share. Manufacturers Life Insur The holds 72,582 shares. Gemmer Asset Mgmt Limited Liability Corporation holds 0.01% or 195 shares. Accredited holds 0.19% or 11,867 shares. However, if the HIBB shares go below $11.07 then it would indicate a much weaker market for the company. California Pub Employees Retirement, California-based fund reported 133,600 shares.

Lapides Asset Management Llc holds 2.05% of its portfolio in Stratasys, Ltd. for 690,700 shares. Blackrock Institutional Trust Com Na reported 0% stake. Parametric Port Associates Ltd Liability reported 57,132 shares. PEET SHELLY had sold 2,650 shares worth $329,157. However, the company has underperformed the broader industry year to date due to back-to-back dismal sales performances. The Company's divisions include Adhesive Dispensing Systems, Advanced Technology Systems and Industrial Coating Systems. Now has a PEG ratio of 0 where as its P/E ratio is 0. Energous Corp (NASDAQ:WATT) has risen 57.63% since August 15, 2016 and is uptrending. It has outperformed by 17.82% the S&P500.

Analysts' mean recommendation for Hibbett Sports, Inc.

Hibbett Sports (NASDAQ:HIBB) last announced its quarterly earnings results on Friday, August 18th. As of the last earnings report the EPS was $2.44 and is projected to be $1.76 for the current year with 20,766,000 shares now outstanding. HIBB's profit will be $3.11M for 19.67 P/E if the $0.15 EPS becomes a reality.

The company reported a net loss for the quarter of $3.2 million, compared to positive earnings of $6.5 million past year. (NASDAQ:HIBB). Kbc Group Inc Inc Nv owns 47,572 shares. It also upped Cvs Health Corp (NYSE:CVS) stake by 398,702 shares and now owns 491,702 shares. Lear Corp (NYSE:LEA) was reduced too.

Since March 22, 2017, it had 0 buys, and 1 sale for $86,549 activity. (NASDAQ:HIBB) was sold by BRISKIN JARED S on Wednesday, March 22.

Investors sentiment decreased to 0.93 in Q4 2016. Accern also assigned press coverage about the company an impact score of 45.5405494303666 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. Prudential Financial has invested 0% in Hibbett Sports, Inc. (NASDAQ:HIBB) for 20,100 shares. More interesting news about Hibbett Sports, Inc.

HIBB has been the topic of several recent research reports. BMO Capital Markets maintained Hibbett Sports, Inc. Public Employees Retirement System of OH owned 0.21% of Hibbett Sports worth $1,313,000 at the end of the most recent reporting period. (NASDAQ:HIBB). Bnp Paribas Arbitrage reported 12,103 shares stake. Hibbett Sports's periodic earnings was down 2.3% on a YOY basis. (NASDAQ:HIBB) for 72,500 shares. Glenmede Tru Co Na holds 17,830 shares or 0% of its portfolio. Virtus Advisers Incorporated has 110,350 shares. MKM Partners restated a "neutral" recommendation and fixed a $27.00 price objective (down from $29.00) on stocks of Hibbett Sports in a study note on early Mon, May 1st.

Taking a broader look at the analyst consensus, according to 15 analysts Hibbett Sports Inc (NASDAQ:HIBB)'s price will reach at $14.93 during 52 weeks.

Hibbett Sports, Inc. (HIBB) now has P/E (Price to Earnings) ratio of 4.72 while the company's industry has 39.72 P/E and the sector P/E is 19.75. Dimensional Fund Advisors Limited Partnership holds 0.01% or 639,602 shares. Goldman Sachs Group Inc. boosted its position in Hibbett Sports by 19.6% in the second quarter.

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