Hibbett Sports Stock Z Score

HIBB Stock

USD 72.49 1.35 1.90%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Hibbett Sports Piotroski F Score and Hibbett Sports Valuation analysis.

For information on how to trade Hibbett Stock refer to our How to Trade Hibbett Stock guide.

At present, Hibbett Sports' Capital Lease Obligations is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 434.9 K, whereas Capital Surpluse is forecasted to decline to about 175.9 M. At present, Hibbett Sports' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 6 M, whereas Operating Income is forecasted to decline to about 77.1 M.

Hibbett Sports Company Z Score Analysis

Hibbett Sports' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Hibbett Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Hibbett Sports is extremely important. It helps to project a fair market value of Hibbett Stock properly, considering its historical fundamentals such as Z Score. Since Hibbett Sports' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hibbett Sports' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hibbett Sports' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Treasury Stock	Short Term Investments	Short Term Debt	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.67	0.6	0.95	0.67	0.91	0.96	0.66	0.58	-0.53	0.94	-0.02	-0.82	-0.53	0.9	0.7	-0.59	0.84	0.48	0.52	0.88	-0.2	-0.72	0.61
Total Stockholder Equity	0.67		0.23	0.67	0.71	0.55	0.51	0.95	0.9	-0.59	0.44	0.18	-0.83	-0.77	0.36	0.82	-0.13	0.86	0.43	0.22	0.41	0.08	-0.2	-0.04
Net Debt	0.6	0.23		0.52	0.59	0.45	0.74	0.25	0.12	-0.13	0.67	-0.18	-0.5	-0.03	0.63	0.14	-0.63	0.44	0.31	-0.01	0.64	-0.56	-0.84	0.2
Retained Earnings	0.95	0.67	0.52		0.57	0.95	0.89	0.61	0.61	-0.52	0.9	-0.11	-0.85	-0.56	0.87	0.73	-0.48	0.87	0.46	0.57	0.82	-0.18	-0.71	0.65
Accounts Payable	0.67	0.71	0.59	0.57		0.39	0.63	0.85	0.65	-0.59	0.46	0.16	-0.7	-0.59	0.45	0.46	-0.38	0.59	0.32	-0.05	0.45	-0.5	-0.39	0.02
Net Receivables	0.91	0.55	0.45	0.95	0.39		0.86	0.47	0.5	-0.47	0.92	-0.12	-0.68	-0.46	0.9	0.67	-0.52	0.76	0.45	0.69	0.84	-0.07	-0.7	0.74
Total Liab	0.96	0.51	0.74	0.89	0.63	0.86		0.52	0.41	-0.44	0.97	-0.11	-0.72	-0.34	0.95	0.55	-0.74	0.74	0.47	0.49	0.92	-0.27	-0.81	0.61
Total Current Assets	0.66	0.95	0.25	0.61	0.85	0.47	0.52		0.88	-0.68	0.39	0.23	-0.78	-0.8	0.34	0.73	-0.18	0.73	0.38	0.1	0.37	-0.1	-0.15	-0.04
Common Stock	0.58	0.9	0.12	0.61	0.65	0.5	0.41	0.88		-0.83	0.34	0.33	-0.74	-0.94	0.26	0.59	-0.11	0.7	0.32	0.21	0.29	0.1	-0.21	-0.02
Long Term Debt	-0.53	-0.59	-0.13	-0.52	-0.59	-0.47	-0.44	-0.68	-0.83		-0.35	-0.2	0.57	0.84	-0.33	-0.26	0.42	-0.45	-0.4	-0.22	-0.35	-0.03	0.27	-0.14
Property Plant Equipment	0.94	0.44	0.67	0.9	0.46	0.92	0.97	0.39	0.34	-0.35		-0.16	-0.66	-0.27	0.97	0.59	-0.68	0.74	0.44	0.63	0.91	-0.19	-0.82	0.71
Current Deferred Revenue	-0.02	0.18	-0.18	-0.11	0.16	-0.12	-0.11	0.23	0.33	-0.2	-0.16		0.02	-0.42	-0.23	-0.01	0.37	-0.08	-0.26	-0.13	-0.25	0.05	0.13	-0.13
Treasury Stock	-0.82	-0.83	-0.5	-0.85	-0.7	-0.68	-0.72	-0.78	-0.74	0.57	-0.66	0.02		0.68	-0.56	-0.67	0.36	-0.92	-0.48	-0.18	-0.66	0.09	0.57	-0.24
Short Term Investments	-0.53	-0.77	-0.03	-0.56	-0.59	-0.46	-0.34	-0.8	-0.94	0.84	-0.27	-0.42	0.68		-0.19	-0.46	-0.01	-0.54	-0.2	-0.09	-0.21	0.02	0.17	-0.11
Short Term Debt	0.9	0.36	0.63	0.87	0.45	0.9	0.95	0.34	0.26	-0.33	0.97	-0.23	-0.56	-0.19		0.53	-0.73	0.67	0.43	0.69	0.93	-0.21	-0.78	0.75
Net Tangible Assets	0.7	0.82	0.14	0.73	0.46	0.67	0.55	0.73	0.59	-0.26	0.59	-0.01	-0.67	-0.46	0.53		-0.07	0.81	0.38	0.51	0.45	0.05	-0.16	0.28
Long Term Debt Total	-0.59	-0.13	-0.63	-0.48	-0.38	-0.52	-0.74	-0.18	-0.11	0.42	-0.68	0.37	0.36	-0.01	-0.73	-0.07		-0.39	-0.54	-0.38	-0.8	0.04	0.67	-0.33
Capital Surpluse	0.84	0.86	0.44	0.87	0.59	0.76	0.74	0.73	0.7	-0.45	0.74	-0.08	-0.92	-0.54	0.67	0.81	-0.39		0.53	0.46	0.72	0.09	-0.55	0.27
Deferred Long Term Liab	0.48	0.43	0.31	0.46	0.32	0.45	0.47	0.38	0.32	-0.4	0.44	-0.26	-0.48	-0.2	0.43	0.38	-0.54	0.53		0.25	0.49	0.05	-0.38	0.12
Accumulated Depreciation	0.52	0.22	-0.01	0.57	-0.05	0.69	0.49	0.1	0.21	-0.22	0.63	-0.13	-0.18	-0.09	0.69	0.51	-0.38	0.46	0.25		0.54	0.33	-0.3	0.62
Short Long Term Debt	0.88	0.41	0.64	0.82	0.45	0.84	0.92	0.37	0.29	-0.35	0.91	-0.25	-0.66	-0.21	0.93	0.45	-0.8	0.72	0.49	0.54		-0.05	-0.81	0.61
Net Invested Capital	-0.2	0.08	-0.56	-0.18	-0.5	-0.07	-0.27	-0.1	0.1	-0.03	-0.19	0.05	0.09	0.02	-0.21	0.05	0.04	0.09	0.05	0.33	-0.05		0.3	-0.22
Net Working Capital	-0.72	-0.2	-0.84	-0.71	-0.39	-0.7	-0.81	-0.15	-0.21	0.27	-0.82	0.13	0.57	0.17	-0.78	-0.16	0.67	-0.55	-0.38	-0.3	-0.81	0.3		-0.52
Capital Stock	0.61	-0.04	0.2	0.65	0.02	0.74	0.61	-0.04	-0.02	-0.14	0.71	-0.13	-0.24	-0.11	0.75	0.28	-0.33	0.27	0.12	0.62	0.61	-0.22	-0.52

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Hibbett Sports

According to the company's disclosures, Hibbett Sports has a Z Score of 0.0. This is 100.0% lower than that of the Specialty Retail sector and about the same as Consumer Discretionary (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Hibbett Sports Institutional Holders

Institutional Holdings refers to the ownership stake in Hibbett Sports that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hibbett Sports' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hibbett Sports' value.

		Shares
Morgan Stanley - Brokerage Accounts	2023-12-31	232.4 K
Millennium Management Llc	2023-12-31	216.6 K
Smith Graham & Co Inv Adv, L.p.**	2023-12-31	209.4 K
Skylands Capital, Llc	2023-12-31	184.2 K
American Century Companies Inc	2023-12-31	173.1 K
Amvescap Plc.	2023-12-31	172 K
Marshall Wace Asset Management Ltd	2023-12-31	167.8 K
Bank Of New York Mellon Corp	2023-12-31	159.3 K
Goldman Sachs Group Inc	2023-12-31	149.7 K
Blackrock Inc	2023-12-31	2.1 M
Vanguard Group Inc	2023-12-31	892.2 K

Hibbett Fundamentals

	Return On Equity	0.26
	Return On Asset	0.0927
	Profit Margin	0.06 %
	Operating Margin	0.09 %
	Current Valuation	1.18 B
	Shares Outstanding	11.8 M
	Shares Owned By Insiders	2.81 %
	Shares Owned By Institutions	97.19 %
	Number Of Shares Shorted	1.49 M
	Price To Earning	8.21 X
	Price To Book	2.01 X
	Price To Sales	0.49 X
	Revenue	1.73 B
	Gross Profit	601.9 M
	EBITDA	186.03 M
	Net Income	103.16 M
	Cash And Equivalents	28.47 M
	Cash Per Share	2.22 X
	Total Debt	45.3 M
	Debt To Equity	1.22 %
	Current Ratio	1.32 X
	Book Value Per Share	35.53 X
	Cash Flow From Operations	118.7 M
	Short Ratio	4.41 X
	Earnings Per Share	8.17 X
	Price To Earnings To Growth	7.81 X
	Target Price	74.63
	Number Of Employees	3.95 K
	Beta	1.78
	Market Capitalization	839.22 M
	Total Asset	909.22 M
	Retained Earnings	1.23 B
	Working Capital	170.5 M
	Current Asset	330.37 M
	Current Liabilities	105.19 M
	Annual Yield	0.01 %
	Net Asset	909.22 M
	Last Dividend Paid	1.0

About Hibbett Sports Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hibbett Sports's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hibbett Sports using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hibbett Sports based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Hibbett Sports offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hibbett Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hibbett Sports Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hibbett Sports Stock:

How To Invest In Hibbett

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Is Hibbett Stock a good investment?

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What is Hibbett Sports' Net Worth?

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Largest Other Specialty Retail Companies

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Largest Consumer Discretionary Distribution & Retail Companies

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Check out Hibbett Sports Piotroski F Score and Hibbett Sports Valuation analysis.

For information on how to trade Hibbett Stock refer to our How to Trade Hibbett Stock guide.

Note that the Hibbett Sports information on this page should be used as a complementary analysis to other Hibbett Sports' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Hibbett Stock analysis

When running Hibbett Sports' price analysis, check to measure Hibbett Sports' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hibbett Sports is operating at the current time. Most of Hibbett Sports' value examination focuses on studying past and present price action to predict the probability of Hibbett Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hibbett Sports' price. Additionally, you may evaluate how the addition of Hibbett Sports to your portfolios can decrease your overall portfolio volatility.

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Is Hibbett Sports' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hibbett Sports. If investors know Hibbett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hibbett Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.13)

Dividend Share

Earnings Share

8.17

Revenue Per Share

139.832

Quarterly Revenue Growth

0.018

The market value of Hibbett Sports is measured differently than its book value, which is the value of Hibbett that is recorded on the company's balance sheet. Investors also form their own opinion of Hibbett Sports' value that differs from its market value or its book value, called intrinsic value, which is Hibbett Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hibbett Sports' market value can be influenced by many factors that don't directly affect Hibbett Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Hibbett Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hibbett Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hibbett Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Hibbett Sports Stock Z Score

Hibbett Sports Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Hibbett Z Score Driver Correlations

Hibbett Sports Institutional Holders

Hibbett Fundamentals

About Hibbett Sports Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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