Media coverage about Hibbett Sports (NASDAQ:HIBB) has trended very positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hibbett Sports earned a daily sentiment score of 0.69 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 50 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Q2 2018 EPS Estimates for Hibbett Sports, Inc. (NASDAQ:HIBB) Cut by Forward View (americanbankingnews.com)
- Hibbett Sports, Inc. (NASDAQ:HIBB) Downgraded by Forward View to “Sell” (americanbankingnews.com)
- Hibbett Sports, Inc. (NASDAQ:HIBB) Experiences Heavier than Usual Trading Volume (eslforkids.net)
- Hibbett Sports, Inc. (NASDAQ:HIBB) Raised to Sell at BidaskClub (fumbleboard.com)
- Hibbett Sports Inc. (HIBB) Sank To A New Low On Weak Q2 Guidance (rttnews.com)
Shares of Hibbett Sports (HIBB) traded down 3.17% during trading on Friday, hitting $15.25. The stock had a trading volume of 654,295 shares. The company has a market capitalization of $316.68 million, a PE ratio of 6.25 and a beta of 0.76. Hibbett Sports has a 52 week low of $12.90 and a 52 week high of $45.85. The firm has a 50-day moving average price of $20.00 and a 200 day moving average price of $26.41.
Hibbett Sports (NASDAQ:HIBB) last issued its quarterly earnings results on Thursday, May 18th. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.01. The business had revenue of $275.70 million for the quarter, compared to the consensus estimate of $275.49 million. Hibbett Sports had a return on equity of 16.39% and a net margin of 5.59%. The business’s quarterly revenue was down 2.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.22 earnings per share. Equities analysts anticipate that Hibbett Sports will post $1.85 earnings per share for the current year.
Several research firms have recently issued reports on HIBB. Forward View lowered Hibbett Sports from a “hold” rating to a “sell” rating in a report on Wednesday. Zacks Investment Research raised Hibbett Sports from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a report on Monday, July 24th. MKM Partners reissued a “neutral” rating and set a $24.00 target price (down from $27.00) on shares of Hibbett Sports in a report on Monday, May 22nd. B. Riley reaffirmed a “neutral” rating and issued a $29.00 price objective on shares of Hibbett Sports in a research note on Wednesday, April 26th. Finally, Sidoti raised Hibbett Sports from a “neutral” rating to a “buy” rating in a research note on Friday, July 14th. Four investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $26.61.
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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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