Hibbett Stock Story

HIBB -  USA Stock  

USD 61.91  2.46  4.14%

Will avarage Hibbett analyst consensus change from Strong Buy? Hibbett is scheduled to announce its earnings today. The next earnings report is expected on the 4th of March 2022. As many baby boomers are still indifferent towards consumer cyclical space, it makes sense to break down Hibbett as a potential position. We will evaluate if Hibbett shares are reasonably priced given the current economic outlook. The current consensus of 4 analysts on Hibbett is Strong Buy.
Published over a month ago
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Do analysts believe Hibbett (NASDAQ:HIBB) will continue to rise?
The company currently holds 254.31 M in liabilities with Debt to Equity (D/E) ratio of 0.64, which is about average as compared to similar companies.
What is the right price you would pay to acquire a share of Hibbett? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated.
Please read more on our stock advisor page.

What is happening with Hibbett this year

Annual and quarterly reports issued by Hibbett are formal financial statements that are published yearly and quarterly and sent to Hibbett stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Hibbett often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

How does Hibbett utilize its cash?

To perform a cash flow analysis of Hibbett, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Hibbett is receiving and how much cash it distributes out in a given period. The Hibbett cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Hibbett 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 102.39 Million

Acquisition by Hubbard Linda of 243 shares of Hibbett subject to Rule 16b-3

Legal trades by Hibbett insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Hibbett insider trading alert for grant of common stock by Hubbard Linda, the corporate stakeholder, on 3rd of January 2022. This event was filed by Hibbett Inc with SEC on 2022-01-03. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down Hibbett Further

Analysts have increased confidence in the entity as compared to a month ago. The current consensus of 4 analysts is Strong Buy.

Is Hibbett a risky opportunity?

Let's check the volatility. Hibbett is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Hibbett (NASDAQ:HIBB) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. taking in a share of a Hibbett stock makes you a part-owner of that company.

Hibbett Current Consensus

Here is the current trade recommendation based on an ongoing consensus estimate among financial analysis covering Hibbett. The Hibbett consensus assessment is calculated by taking the average estimates from all of the analysts covering Hibbett

Strong Buy
Strong Buy4100.0
Strong Sell00.0

Hibbett implied volatility may change after the rise

Hibbett current maximum drawdown builds up over 17.48. Hibbett exhibits very low volatility with skewness of -0.44 and kurtosis of 1.65. However, we advise investors to further study Hibbett technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hibbett's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hibbett's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Hibbett Implied Volatility

Hibbett's implied volatility exposes the market's sentiment of Hibbett stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hibbett's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hibbett stock will not fluctuate a lot when Hibbett's options are near their expiration.

Our Final Take On Hibbett

Whereas some other entities in the specialty retail industry are either recovering or due for a correction, Hibbett may not be as strong as the others in terms of longer-term growth potentials. To conclude, as of the 3rd of December 2021, our ongoing 90 days buy-or-sell advice on the company is Cautious Hold. We believe Hibbett is undervalued with very low probability of distress for the next two years.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Hibbett. Please refer to our Terms of Use for any information regarding our disclosure principles.

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