HibbettHIBB
Market Cap: 1.05B
About: Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, and City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.
Employees: 12,500
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
166% more call options, than puts
Call options by funds: $17.8M | Put options by funds: $6.71M
54% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 26
12% more capital invested
Capital invested by funds: $839M [Q4 2023] → $941M (+$102M) [Q1 2024]
8% more funds holding
Funds holding: 178 [Q4 2023] → 192 (+14) [Q1 2024]
4.88% more ownership
Funds ownership: 98.98% [Q4 2023] → 103.86% (+4.88%) [Q1 2024]
40% less funds holding in top 10
Funds holding in top 10: 5 [Q4 2023] → 3 (-2) [Q1 2024]
41% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 83
Research analyst outlook
12 Wall Street Analysts provided 1 year price forecasts over the past 6 months
12 analyst ratings
Telsey Advisory Group Cristina Fernandez | $87.5 | Market Perform Maintained | 26 Jul 2024 |
Telsey Advisory Group Cristina Fernandez | $87.5 | Market Perform Maintained | 5 Jun 2024 |
Telsey Advisory Group Joseph Feldman | $87.5 | Market Perform Maintained | 3 Jun 2024 |
Baird Peter Benedict | $87.5 | Neutral Downgraded | 26 Apr 2024 |
B. Riley Securities Anna Glaessgen | $87.5 | Neutral Maintained | 24 Apr 2024 |
Financial journalist opinion
Based on 6 articles about HIBB published over the past 30 days