Hibbett Inc (NASDAQ: HIBB) is 19.55% higher on its value in year-to-date trading and has touched a low of $34.86 and a high of $86.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HIBB stock was last observed hovering at around $86.51 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $86.10, the stock is 17.11% and 15.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing -0.47% at the moment leaves the stock 46.84% off its SMA200. HIBB registered 58.59% gain for a year compared to 6-month gain of 82.18%.
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The stock witnessed a 18.58% loss in the last 1 month and extending the period to 3 months gives it a 28.53%, and is 22.88% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.84% over the week and 2.92% over the month.
Hibbett Inc (HIBB) has around 12500 employees, a market worth around $1.02B and $1.73B in sales. Current P/E ratio is 10.51 and Fwd P/E is 9.58. Profit margin for the company is 5.97%. Distance from 52-week low is 146.99% and -0.69% from its 52-week high. The company has generated returns on investments over the last 12 months (15.49%).
The EPS is expected to shrink by -0.03% this year
The shares outstanding are 11.79M, and float is at 11.40M with Short Float at 13.06%.
Hibbett Inc (HIBB) Insider Activity
The most recent transaction is an insider sale by QUINN WILLIAM G, the company’s SVP Marketing and Digital. SEC filings show that QUINN WILLIAM G sold 2,632 shares of the company’s common stock on Dec 01 ’23 at a price of $65.27 per share for a total of $0.17 million. Following the sale, the insider now owns 14452.0 shares.
Hibbett Inc disclosed in a document filed with the SEC on Nov 24 ’23 that BLAHNIK RONALD P (SVP and CIO) sold a total of 2,200 shares of the company’s common stock. The trade occurred on Nov 24 ’23 and was made at $58.85 per share for $0.13 million. Following the transaction, the insider now directly holds 41979.0 shares of the HIBB stock.
Still, SEC filings show that on Jun 02 ’23, Benck David Mitchell (SVP General Counsel) acquired 2,000 shares at an average price of $36.09 for $72180.0. The insider now directly holds 24,048 shares of Hibbett Inc (HIBB).
