Hibbett Sports (HIBB) to Release Earnings on Friday
Hibbett Sports (NASDAQ:HIBB) will post its Q115 quarterly earnings results on Friday, May 23rd. Analysts expect Hibbett Sports to post earnings of $1.09 per share and revenue of $263.69 million for the quarter. Hibbett Sports has set its FY15 guidance at $2.78-2.98 EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.
Hibbett Sports (NASDAQ:HIBB) last released its earnings data on Friday, March 14th. The company reported $0.64 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.70 by $0.06. The company had revenue of $217.80 million for the quarter, compared to the consensus estimate of $221.33 million. During the same quarter last year, the company posted $0.73 earnings per share. Hibbett Sports’s revenue was up .2% compared to the same quarter last year. On average, analysts expect Hibbett Sports to post $2.90 EPS for the current fiscal year and $3.32 EPS for the next fiscal year.
Shares of Hibbett Sports (NASDAQ:HIBB) opened at 56.54 on Thursday. Hibbett Sports has a 52 week low of $50.67 and a 52 week high of $68.31. The stock has a 50-day moving average of $54.13 and a 200-day moving average of $59.05. The company has a market cap of $1.460 billion and a price-to-earnings ratio of 20.94.
A number of analysts have recently weighed in on HIBB shares. Analysts at Bank of America initiated coverage on shares of Hibbett Sports in a research note on Tuesday, May 6th. They set a “buy” rating and a $64.00 price target on the stock. On the ratings front, analysts at Sidoti upgraded shares of Hibbett Sports from a “neutral” rating to a “buy” rating in a research note on Monday, May 5th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $58.70.
Hibbett Sports, Inc is an operator of sporting goods retail stores in small to mid-sized markets predominately in the Southeast, Southwest, Mid-Atlantic and Midwest regions of the United States.
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