Hibbett Story

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HIBB -- USA Stock  

USD 37.99  0.63  1.63%

35% of stocks are less volatile than Hibbett, and 86% of all traded equity instruments are projected to make higher returns than the company over the 60 days investment horizon. While some of us are excited about consumer cyclical space, it makes sense to go over Hibbett Sports in greater detail to make a better estimate of its risk and reward. We will analyze if the expected returns on Hibbett Sports will justify its current volatility.
Published over a month ago
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How risky is to double down on Hibbett Sports in September?
Hibbett Sports currently holds roughly 106.67 M in cash with 24.11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.45.
Volatility is a rate at which the price of Hibbett Sports or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Hibbett Sports may increase or decrease. In other words, similar to Hibbett's beta indicator, it measures the risk of Hibbett Sports and helps estimate the fluctuations that may happen in a short period of time. So if prices of Hibbett Sports fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Hibbett Sports's Liquidity

Hibbett Sports financial leverage refers to using borrowed capital as a funding source to finance Hibbett Sports ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Hibbett Sports financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Hibbett Sports's total debt and its cash.

How Hibbett utilizes its cash?

To perform a cash flow analysis of Hibbett Sports, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Hibbett Sports is receiving and how much cash it distributes out in a given period. The Hibbett Sports cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Hibbett Sports Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 92.29 Million

Hibbett Sports Volatility Drivers

Hibbett Sports unsystematic risk is unique to Hibbett Sports and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Hibbett Sports you can also buy Lands End. You can also mitigate this risk by investing in the specialty retail sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Hibbett Sports important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Hibbett Sports income statement and balance sheet. Here are more details about Hibbett volatility.
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