Are Analysts Bearish Hibbett Sports, Inc. (NASDAQ:HIBB) After Last Week?

July 13, 2018 - By Sheila Anderson

Hibbett Sports, Inc. (NASDAQ:HIBB) LogoInvestors sentiment increased to 1.31 in 2018 Q1. Its up 0.34, from 0.97 in 2017Q4. It improved, as 13 investors sold Hibbett Sports, Inc. shares while 55 reduced holdings. 35 funds opened positions while 54 raised stakes. 24.12 million shares or 11.22% more from 21.69 million shares in 2017Q4 were reported.
Prudential has 0.01% invested in Hibbett Sports, Inc. (NASDAQ:HIBB). 1,691 were accumulated by Pnc Gp. The Massachusetts-based Acadian Asset Mgmt Ltd Liability has invested 0.02% in Hibbett Sports, Inc. (NASDAQ:HIBB). Franklin Resource reported 297,169 shares. Invesco Limited owns 138,117 shares. Element Cap Limited Liability Corporation stated it has 8,642 shares. Millennium Mgmt Ltd Limited Liability Company has invested 0% in Hibbett Sports, Inc. (NASDAQ:HIBB). Numerixs Invest Tech Incorporated accumulated 2,400 shares. Dimensional Fund Advsrs Limited Partnership invested in 0.02% or 1.60M shares. Louisiana State Employees Retirement Sys owns 0.01% invested in Hibbett Sports, Inc. (NASDAQ:HIBB) for 8,500 shares. Wellington Management Group Llp holds 0% of its portfolio in Hibbett Sports, Inc. (NASDAQ:HIBB) for 125,234 shares. New York State Common Retirement Fund reported 0% of its portfolio in Hibbett Sports, Inc. (NASDAQ:HIBB). Euclidean Techs Limited Liability Company stated it has 49,332 shares or 1.16% of all its holdings. Coatue Mngmt Limited Liability Company reported 0.01% of its portfolio in Hibbett Sports, Inc. (NASDAQ:HIBB). Broadview Advsrs Limited Com, Wisconsin-based fund reported 251,976 shares.

Since March 22, 2018, it had 0 insider purchases, and 2 insider sales for $435,775 activity. YOTHER ALTON E also sold $141,000 worth of Hibbett Sports, Inc. (NASDAQ:HIBB) on Thursday, April 12.

Hibbett Sports, Inc. (NASDAQ:HIBB) Ratings Coverage

Among 8 analysts covering Hibbett Sports (NASDAQ:HIBB), 2 have Buy rating, 2 Sell and 4 Hold. Therefore 25% are positive. Hibbett Sports had 16 analyst reports since January 16, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Monday, February 26 by Robert W. Baird. As per Friday, May 4, the company rating was maintained by Susquehanna. The rating was downgraded by Bank of America on Monday, June 18 to “Underperform”. The rating was upgraded by Bank of America to “Buy” on Tuesday, January 16. On Monday, March 19 the stock rating was maintained by Bank of America with “Buy”. Credit Suisse maintained Hibbett Sports, Inc. (NASDAQ:HIBB) on Monday, March 19 with “Underperform” rating. Susquehanna maintained Hibbett Sports, Inc. (NASDAQ:HIBB) rating on Tuesday, January 23. Susquehanna has “Buy” rating and $31.0 target. Credit Suisse maintained it with “Underperform” rating and $20 target in Friday, June 29 report. Stifel Nicolaus maintained Hibbett Sports, Inc. (NASDAQ:HIBB) on Monday, February 26 with “Hold” rating. The stock of Hibbett Sports, Inc. (NASDAQ:HIBB) earned “Hold” rating by Stephens on Monday, February 26. Below is a list of Hibbett Sports, Inc. (NASDAQ:HIBB) latest ratings and price target changes.

29/06/2018 Broker: Credit Suisse Old Rating: Underperform New Rating: Underperform Old Target: $16.5 New Target: $20 Maintain
18/06/2018 Broker: Bank of America Old Rating: Buy New Rating: Underperform Old Target: $28 Downgrade
22/05/2018 Broker: Canaccord Genuity Rating: Buy New Target: $31.0000 Maintain
04/05/2018 Broker: Susquehanna Rating: Buy New Target: $33.0000 Maintain
03/04/2018 Broker: Canaccord Genuity Rating: Buy New Target: $29.0000 Maintain
19/03/2018 Broker: Credit Suisse Old Rating: Underperform New Rating: Underperform Old Target: $13.5 New Target: $16.5 Maintain
19/03/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $30 New Target: $28 Maintain
19/03/2018 Broker: Canaccord Genuity Old Rating: Buy New Rating: Buy Old Target: $31 New Target: $29 Maintain
16/03/2018 Broker: Canaccord Genuity Rating: Buy New Target: $29.0 Maintain
12/03/2018 Broker: Susquehanna Rating: Buy New Target: $31.0 Maintain

The stock increased 2.53% or $0.575 during the last trading session, reaching $23.325. About 213,664 shares traded. Hibbett Sports, Inc. (NASDAQ:HIBB) has risen 3.28% since July 13, 2017 and is uptrending. It has underperformed by 9.29% the S&P500.

Hibbett Sports, Inc., together with its subsidiaries, operates athletic specialty stores in small and mid-sized markets primarily in the South, Southwest, Mid-Atlantic, and the Midwest regions of the United States. The company has market cap of $441.91 million. The Company’s stores offer a range of merchandise, including athletic footwear, team sports equipment, athletic and fashion apparel, and related accessories. It has a 13.02 P/E ratio. The firm also sells merchandise directly to educational institutions and youth associations.

Another recent and important Hibbett Sports, Inc. (NASDAQ:HIBB) news was published by Benzinga.com which published an article titled: “‘A Clear Comeback’: Nike Stock Hits All-Time High After Q4 Blowout” on June 29, 2018.

Hibbett Sports, Inc. (NASDAQ:HIBB) Institutional Positions Chart

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