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Analysts at BMO Capital Markets assumed coverage on shares of Hibbett Sports (NASDAQ:HIBB) in a research report issued to clients and investors on Tuesday, reports. The firm set an “outperform” rating on the stock.

A number of other analysts have also recently weighed in on HIBB. Analysts at Zacks upgraded shares of Hibbett Sports from an “underperform” rating to a “neutral” rating in a research note on Wednesday, June 18th. They now have a $56.00 price target on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Hibbett Sports from $53.00 to $50.00 in a research note on Monday, May 26th. Finally, 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. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Hibbett Sports currently has a consensus rating of “Buy” and a consensus price target of $59.00.

Shares of Hibbett Sports (NASDAQ:HIBB) traded up 0.07% on Tuesday, hitting $54.06. The stock had a trading volume of 174,028 shares. Hibbett Sports has a one year low of $50.04 and a one year high of $68.31. The stock has a 50-day moving average of $54.05 and a 200-day moving average of $57.53. The company has a market cap of $1.384 billion and a P/E ratio of 19.38.

Hibbett Sports (NASDAQ:HIBB) last posted its quarterly earnings results on Friday, May 23rd. The company reported $1.09 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.09. The company had revenue of $261.90 million for the quarter, compared to the consensus estimate of $263.69 million. During the same quarter last year, the company posted $1.00 earnings per share. Hibbett Sports’s revenue was up 9.1% compared to the same quarter last year. Analysts expect that Hibbett Sports will post $2.89 EPS for the current fiscal year.

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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