Hibbett Sports (NASDAQ:HIBB) was upgraded by stock analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, February 13th.
A number of other research analysts have also weighed in on HIBB. TheStreet raised shares of Hibbett Sports from a “d+” rating to a “c” rating in a research note on Tuesday, November 21st. Consumer Edge raised shares of Hibbett Sports from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 7th. Canaccord Genuity upgraded shares of Hibbett Sports from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a report on Monday, January 8th. Forward View upgraded shares of Hibbett Sports to a “hold” rating and set a $18.00 price objective for the company in a report on Saturday, November 18th. Finally, Robert W. Baird restated a “hold” rating and set a $21.00 price objective on shares of Hibbett Sports in a report on Wednesday, January 3rd. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $19.73.
Hibbett Sports (NASDAQ:HIBB) opened at $25.25 on Tuesday. Hibbett Sports has a 12 month low of $9.40 and a 12 month high of $30.75. The stock has a market cap of $486.81, a price-to-earnings ratio of 14.51 and a beta of 1.06.
Several hedge funds and other institutional investors have recently modified their holdings of HIBB. Hotchkis & Wiley Capital Management LLC purchased a new position in shares of Hibbett Sports in the third quarter worth $143,000. Macquarie Group Ltd. purchased a new position in Hibbett Sports during the 3rd quarter valued at $204,000. MetLife Investment Advisors LLC purchased a new position in Hibbett Sports during the 4th quarter valued at $208,000. Voya Investment Management LLC increased its position in Hibbett Sports by 11.9% during the 2nd quarter. Voya Investment Management LLC now owns 12,007 shares of the company’s stock valued at $249,000 after purchasing an additional 1,278 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. purchased a new position in Hibbett Sports during the 4th quarter valued at $257,000.
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Hibbett Sports Company Profile
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. 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.
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