Go to the list of all blogs
Abhoy Sarkar's Avatar
published in Blogs
May 27, 2019

Hibbett Sports (HIBB, $23.96) beats Q1 earnings and sale estimates, raised full-year guidance

Hibbett Sports crushed top and bottom line estimates for the first quarter, on the back of solid growth in same-store and digital sales.

The sporting goods retailer  reported adjusted earnings of $1.61 per share, surging past analysts’ expectations of $1.32 per share.

Net sales for the quarter climbed +25% year-over-year to $343.3 million, topping analysts' consensus estimate of $327 million.  Hibbett’s total sales for the quarter included nearly $60 million from its City Gear acquisition. Also, same-store sales grew +5.1%, which is far above the -0.7% decline analysts had forecasted.

Hibbett’s President and CEO Jeff Rosenthal emphasized that strong performance in both physical stores and e-commerce channels contributed to the first quarter results. The company mentioned that relatively less sales from licensed products and team sports items were offset by gains in footwear and sneaker-connected apparel and accessories.  

Looking ahead, the company now projects fiscal 2020 per-share earnings in the range of $1.70 to $1.85, which is higher than its previous forecast of $1.50 to $1.70. As for comparable store sales, Hibbett now predicts growth range of +0.5% to +2%, versus prior guidance of down -1% to up +1%.

 

Related Ticker: HIBB

Aroon Indicator for HIBB shows an upward move is likely

HIBB's Aroon Indicator triggered a bullish signal on February 29, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 277 similar instances where the Aroon Indicator showed a similar pattern. In of the 277 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 26, 2024. You may want to consider a long position or call options on HIBB as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for HIBB just turned positive on February 09, 2024. Looking at past instances where HIBB's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .

HIBB moved above its 50-day moving average on February 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HIBB advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HIBB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HIBB broke above its upper Bollinger Band on February 27, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.478) is normal, around the industry mean (4.013). P/E Ratio (9.555) is within average values for comparable stocks, (102.990). HIBB's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.333). Dividend Yield (0.012) settles around the average of (0.030) among similar stocks. P/S Ratio (0.613) is also within normal values, averaging (2.053).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HIBB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

Notable companies

The most notable companies in this group are TJX Companies (NYSE:TJX), lululemon athletica (NASDAQ:LULU), Gap (The) (NYSE:GPS), Abercrombie & Fitch Co (NYSE:ANF), Foot Locker (NYSE:FL), Guess (NYSE:GES), Stitch Fix (NASDAQ:SFIX).

Industry description

Companies in the apparel and/or footwear retail industry sell clothing, accessories and footwear, for different age groups and genders. The industry’s product categories could range from basics, such as underwear, to luxury items. Some retailers source items from wholesalers or an apparel brand to sell in their stores; some others are licensed to make and market their own retail goods under particular brands. Several companies outsource production of clothing to developing/emerging economies where labor costs are relatively inexpensive. Apparel retail is often influenced by fashion trends, and many companies feel the need to adapt to what’s “in vogue” to retain customers and attract new ones. A major disruption in this industry has been the burgeoning trend in digital shopping – to compete with rapidly growing e-commerce, even traditional retail players are upping the ante on their online platforms. Much of the products’ performance in apparel/footwear retail is cyclical, i.e., economic boom times encourage consumer spending, while recessions induce thriftiness among people. Some large-cap U.S. apparel/footwear retail companies include TJX Companies Inc., Ross Stores, Inc., Lululemon Athletica Inc. and Burlington Stores, Inc.

Market Cap

The average market capitalization across the Apparel/Footwear Retail Industry is 12.26B. The market cap for tickers in the group ranges from 256K to 119.4B. IDEXY holds the highest valuation in this group at 119.4B. The lowest valued company is DESTQ at 256K.

High and low price notable news

The average weekly price growth across all stocks in the Apparel/Footwear Retail Industry was 2%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was 6%. CURV experienced the highest price growth at 18%, while DBGI experienced the biggest fall at -19%.

Volume

The average weekly volume growth across all stocks in the Apparel/Footwear Retail Industry was 25%. For the same stocks of the Industry, the average monthly volume growth was 45% and the average quarterly volume growth was 1%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 53
P/E Growth Rating: 45
Price Growth Rating: 51
SMR Rating: 60
Profit Risk Rating: 74
Seasonality Score: -7 (-100 ... +100)
View a ticker or compare two or three
HIBBDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

an operator of sports stores

Industry ApparelFootwearRetail

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
2700 Milan Court
Phone
+1 205 942-4292
Employees
11000
Web
https://www.hibbett.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
JRBFX23.660.38
+1.63%
JHancock Regional Bank I
GEOSX12.580.06
+0.48%
Pear Tree Essex Environmental Opps Ins
TWVLX7.940.02
+0.25%
American Century Value Inv
NAWGX42.31N/A
N/A
Voya Global High Dividend Low Vol A
CVSOX14.35N/A
N/A
Calamos Market Neutral Income R6

HIBB and

Correlation & Price change

A.I.dvisor indicates that over the last year, HIBB has been loosely correlated with CAL. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if HIBB jumps, then CAL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HIBB
1D Price
Change %
HIBB100%
+2.16%
CAL - HIBB
58%
Loosely correlated
+3.26%
DBI - HIBB
56%
Loosely correlated
+4.24%
SCVL - HIBB
51%
Loosely correlated
+2.44%
VSCO - HIBB
50%
Loosely correlated
-1.42%
FL - HIBB
47%
Loosely correlated
+0.97%
More
Ad is loading...
Master swing trading in trending markets with our beginner-focused guides. Achieve +61% annualized returns when markets trend down, and +48% when they rise. Dive into the robotic theme, seeing a 1-week change of +2.91%. Featured stocks: $CGNX, $IRBT, $ISRG, $ROK, $ZBRA. Start trading smartly now!
#artificial_intelligence#up_greenish#trading#technical_analysis
Discover swing trading for beginners, focused on markets trending upward with both TA&FA. After a +0.63% 3-day boost in MU, historical data shows a promising future: in 210 out of 302 instances, MU's price climbed within the next month. With a 70% probability of sustained growth, now's the time to consider MU.
#artificial_intelligence#up_greenish#trading#technical_analysis
One such example is the "Swing trader: Deep Trend Analysis v.2 (TA)" AI trading bot, which has recently showcased its prowess by generating a remarkable +6.27% gain while trading RIVN over the course of the previous week. In this article, we delve into the details of this achievement and analyze the potential impact of the prevailing bearish signals on RIVN's performance.
The Building Products industry has recently surged with an impressive performance increase of +7.71% over the past month. This article delves into the dynamics of this sector, spotlighting its notable tickers and analyzing key trends.
Dive into the dynamic world of insurance agency stocks with our latest blog post! 🚀 Witness the remarkable 18.35% gain that has sent stocks like $AON, $EBIX, $GSHD, $MMC, and $AJG soaring in the insurance sector over the past 6 months. Discover the strategic insights behind this impressive growth and understand how these changes have shaped the industry landscape. From market cap dynamics to high and low price fluctuations, volume trends, and fundamental analysis ratings, we've got you covered. Uncover the factors driving this surge and gain valuable insights into the strategies that could potentially lead to further success. Whether you're a seasoned investor or new to the market, this blog will provide you with an expert analysis of these insurance agency stocks and their potential for continued growth. Don't miss out on the excitement – read now to stay ahead of the investment game! 📊📈
#latest#artificial_intelligence#neutral_bluish#technical_analysis#asset_allocation#trading
Attention traders! Data Storage (DTST) is on a significant uptrend. In just a week, DTST stock has surged by an eye-catching 13.79%. With its recent positive shift in the MACD histogram and an earnings report beating market expectations, this stock is showing strong bullish indicators. In an industry dominated by tech giants, DTST's promising performance stands out. If you're looking for potential growth opportunities in the Information Technology Services Industry, DTST might be worth your attention. Dive into our in-depth analysis to understand why DTST could be the next stock to add to your portfolio.
#latest#popular#patterns#artificial_intelligence#neutral_bluish#technical_analysis#trading
In the dynamic realm of the contract drilling industry, recent market shifts have left their mark on notable players. Transocean Ltd ($RIG), Diamond Offshore Drilling ($DO), Patterson-UTI Energy ($PTEN), Noble ($NE), and PDS Energy ($PDS) find themselves facing collective losses, shedding light on the industry's evolving landscape. As this group grapples with a -4.22% downturn in the past week, our exploration delves into the intricacies of their market capitalizations, high and low price fluctuations, volume trends, and fundamental analysis ratings. Discover how these significant tickers are navigating challenges and learn how market dynamics are shaping their trajectories. Join us as we uncover insights from the contract drilling sector and gain a deeper understanding of the forces at play in this ever-changing market.
#latest#popular#artificial_intelligence#trading#technical_analysis
🚨 Market Alert! 🚨 Stay tuned for more updates, and as always, invest wisely! 💡 In a week marked by notable shifts, Target (TGT, $121.79) experienced a significant downturn, plummeting by -7.18%. But what's causing this dip amidst the broader Discount Stores Industry landscape? Of the 16 monitored stocks from 8/18/2023 to 8/25/2023, a staggering 88.89% were on a downtrend. However, it's not all gloom for Target. Their recent earnings report showcased an EPS of $1.80, surpassing the forecasted $1.47. Additionally, dividend enthusiasts have a silver lining with a forthcoming dividend of $1.10 per share. As giants like Walmart and Costco continue to dominate the market, where does Target's recent performance fit within the bigger picture of discount retailers? Dive deep into our comprehensive analysis to gain insights into Target's current position, industry trends, and what this could mean for future investments. 📊🔍🛍️
#latest#popular#artificial_intelligence#trading#technical_analysis
The 'fish' category primarily encompasses sellers of fish. Many companies within this sector also venture into the production and sale of poultry, frozen meat, and even dairy products. Notable entities in this domain include Lifeway Foods, Inc., Sanderson Farms, Inc., and Hormel Foods Corp.
#artificial_intelligence#investment
The recent performance of the Trend Trader's Popular Stocks: Price Action Trading Strategy (TA&FA) robots has caught the attention of market enthusiasts. These automated trading bots, often referred to as "bot factories," have demonstrated their prowess by generating a notable gain of +5.81% while trading AMTX over the course of the previous week. This achievement becomes even more intriguing when considering the downward trend that AMTX has been experiencing recently.
We're pleased to introduce the Best Robot of the Week by Tickeron—a remarkable achievement in the realm of trading. This week, our robot has once again outperformed the S&P 500 index. Additionally, over the past month, it has outperformed the index for three out of four weeks. This pattern reinforces the dependability and stability of the signals, aligning perfectly with Tickeron's quant team objectives.
The Electronics Distributors industry has recently showcased a remarkable performance surge of +6.01% over the past month, signifying a period of growth and potential for investors. This article delves into the positive outlook and potential opportunities within this dynamic industry, focusing on key tickers and indicators that underscore its current trajectory.
The Dow and S&P have both declined by 3.4% and 4%, respectively, since the beginning of the month, while the Nasdaq has experienced a loss of approximately 5.3%. The airline industry stocks have been hit the hardest, with some stocks seeing declines of over 20%. Signals for these stocks can be obtained by subscribing to one of our robots Swing-Trader-700-per-position-Hedge-Fund-Style-Trading-TA-FA.
The Metabolic Sector Biotechnology companies that produce drugs to treat gastrointestinal and metabolism disorders are classified under the 'metabolic' category. These disorders often encompass obesity, which can potentially lead to severe diseases such as cardiovascular ones
#artificial_intelligence#investment
Discover the impressive 6.17% gain within the Human Capital sector as we delve into the performance of key tickers like $PAYC, $RHI, $EFX, $PRFT, and $AMN. Uncover market insights, potential trends, and the factors driving this substantial growth in the dynamic world of human resources and staffing solutions.
🚦DWS Strategic Municipal Income Trust (KSM) sees a 0.93% drawdown amid shifting indicators. With RSI hinting at a potential uptrend, what's next for KSM? Dive into our analysis for key insights!📊"
#latest#popular#artificial_intelligence#trading#technical_analysis
Over the past month, all markets have experienced a significant correction. Banking sector stocks have declined by approximately 10% and appear to be underperforming the market. If you're an investor or trader looking for more detailed signals on these stocks, our robots can provide you with information to make more informed decisions. Learn more about our active trading robots here: Swing-Trader-1-5K-per-position-Medium-Volatility-Stocks-for-Active-Trading-TA-FA. Market volatility creates opportunities, and the right tools can help you take advantage of the current situation.
The latest triumph comes from the "Swing trader: Deep Trend Analysis (TA)" AI trading bots, which have earned the moniker of "bot factories" due to their impressive performance. These bots recently executed a remarkable feat by generating a substantial gain of +6.28% while trading SAVA over the past week. This success story underscores the growing role of AI in shaping the landscape of modern trading.
Discover how Apple, Cisco Systems, QUALCOMM, Booking Holdings, and Humana are driving the solid names group to a remarkable +2.72% gain. Delve into the market dynamics and explore the factors behind this impressive growth.
#trading#latest#popular#artificial_intelligence#neutral_bluish#asset_allocation
Facing one of its steepest drops, FinVolution Group (FINV) recorded a -10.31% fall this month. What's next for this finance giant amidst industry shifts? Dive into our analysis to explore the factors behind this significant decline. 📉🔍
#latest#popular#artificial_intelligence#trading#technical_analysis#asset_allocation