Hibbett Inc (NASDAQ: HIBB) has reported earnings for its third fiscal quarter (ending October 31) of $2.09 versus $1.99 for the same period a year ago — an increase of 5%. For the latest four quarters through October 31, E.P.S. were $8.76 versus $8.19 for the same period a year ago — an increase of 7%.
Recent Price Action
Hibbett Inc (NASDAQ: HIBB) stock closed at $58.85 on 11/21/23 after a very large increase of 9.8%. Relative to the market the stock has been weak over the last nine months but has risen 23.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HIBB is expected to continue to be an important Value Builder.
Hibbett has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Hibbett has a good Appreciation Score of 82 but a poor Power Rating of 24, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment