Hibbett Sports (HIBB) Getting Somewhat Positive Media Coverage, Report Finds

Media headlines about Hibbett Sports (NASDAQ:HIBB) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hibbett Sports earned a daily sentiment score of 0.25 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 44.7486929610441 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

Hibbett Sports (HIBB) opened at $24.85 on Thursday. The stock has a market cap of $472.45, a PE ratio of 14.28, a P/E/G ratio of 7.55 and a beta of 0.96. Hibbett Sports has a one year low of $9.40 and a one year high of $34.75.

Hibbett Sports (NASDAQ:HIBB) last announced its quarterly earnings results on Friday, November 17th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.15. The company had revenue of $237.80 million for the quarter, compared to analysts’ expectations of $219.38 million. Hibbett Sports had a net margin of 3.94% and a return on equity of 11.38%. Hibbett Sports’s revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.66 EPS. equities analysts expect that Hibbett Sports will post 1.5 earnings per share for the current year.

A number of research analysts have issued reports on HIBB shares. ValuEngine raised shares of Hibbett Sports from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. UBS Group raised shares of Hibbett Sports from a “neutral” rating to a “positive” rating in a research report on Wednesday, September 20th. Buckingham Research downgraded shares of Hibbett Sports from a “neutral” rating to an “underperform” rating and set a $13.00 price objective on the stock. in a research report on Tuesday, November 21st. Robert W. Baird reissued a “hold” rating on shares of Hibbett Sports in a research report on Friday, December 15th. Finally, BMO Capital Markets boosted their price objective on shares of Hibbett Sports from $10.00 to $17.00 and gave the company a “market perform” rating in a research report on Friday, November 17th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. Hibbett Sports presently has a consensus rating of “Hold” and an average price target of $21.53.

WARNING: “Hibbett Sports (HIBB) Getting Somewhat Positive Media Coverage, Report Finds” was first posted by Week Herald and is the sole property of of Week Herald. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and international copyright laws. The legal version of this news story can be accessed at https://weekherald.com/2018/01/18/hibbett-sports-hibb-getting-somewhat-positive-media-coverage-report-finds.html.

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.

Insider Buying and Selling by Quarter for Hibbett Sports (NASDAQ:HIBB)

Receive News & Ratings for Hibbett Sports Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hibbett Sports and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply