Brokers Offer Predictions for Hibbett, Inc.’s Q1 2025 Earnings (NASDAQ:HIBB)
Hibbett, Inc. (NASDAQ:HIBB – Free Report) – Equities researchers at Telsey Advisory Group increased their Q1 2025 EPS estimates for shares of Hibbett in a research report issued on Monday, March 18th. Telsey Advisory Group analyst C. Fernandez now expects that the company will post earnings of $2.71 per share for the quarter, up from their previous forecast of $2.68. Telsey Advisory Group currently has a “Market Perform” rating and a $74.00 target price on the stock. The consensus estimate for Hibbett’s current full-year earnings is $8.35 per share. Telsey Advisory Group also issued estimates for Hibbett’s Q2 2025 earnings at $0.97 EPS, Q3 2025 earnings at $2.09 EPS, Q4 2025 earnings at $2.33 EPS, FY2025 earnings at $8.10 EPS, Q1 2026 earnings at $3.11 EPS, Q4 2026 earnings at $2.62 EPS and FY2026 earnings at $9.25 EPS.
Hibbett (NASDAQ:HIBB – Get Free Report) last announced its earnings results on Friday, March 15th. The company reported $2.55 earnings per share for the quarter, topping analysts’ consensus estimates of $2.54 by $0.01. The firm had revenue of $466.60 million during the quarter, compared to analyst estimates of $477.42 million. Hibbett had a net margin of 5.97% and a return on equity of 25.72%. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.91 EPS.
A number of other equities analysts also recently commented on the stock. Williams Trading restated a “hold” rating and set a $73.00 price objective on shares of Hibbett in a research note on Monday. TheStreet upgraded shares of Hibbett from a “c+” rating to a “b-” rating in a research note on Monday, November 27th. Monness Crespi & Hardt increased their price objective on shares of Hibbett from $72.00 to $82.00 and gave the stock a “buy” rating in a research note on Monday. Finally, B. Riley increased their price objective on shares of Hibbett from $60.00 to $70.00 and gave the stock a “neutral” rating in a research note on Monday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Hibbett currently has a consensus rating of “Hold” and an average target price of $67.86.
Get Our Latest Analysis on Hibbett
Hibbett Trading Up 0.7 %
Shares of NASDAQ HIBB opened at $74.00 on Wednesday. The firm has a market cap of $870.98 million, a PE ratio of 9.04, a PEG ratio of 1.09 and a beta of 1.77. Hibbett has a 1-year low of $34.86 and a 1-year high of $83.00. The company has a fifty day moving average price of $71.82 and a 200 day moving average price of $60.79.
Hibbett Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 2nd. Shareholders of record on Thursday, March 21st will be issued a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, March 20th. This represents a $1.00 annualized dividend and a yield of 1.35%. Hibbett’s dividend payout ratio is currently 12.21%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in HIBB. GAMMA Investing LLC bought a new position in shares of Hibbett during the fourth quarter worth approximately $28,000. Quarry LP increased its holdings in shares of Hibbett by 138.7% during the first quarter. Quarry LP now owns 678 shares of the company’s stock worth $40,000 after purchasing an additional 394 shares during the period. Coppell Advisory Solutions Corp. bought a new position in shares of Hibbett during the fourth quarter worth approximately $47,000. Acadian Asset Management LLC bought a new position in shares of Hibbett during the first quarter worth approximately $50,000. Finally, FMR LLC increased its holdings in shares of Hibbett by 32.0% during the third quarter. FMR LLC now owns 1,258 shares of the company’s stock worth $60,000 after purchasing an additional 305 shares during the period. 94.08% of the stock is owned by institutional investors.
About Hibbett
Hibbett, Inc together with its subsidiaries, engages in the retail of athletic-inspired fashion products in the United States. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, team sports equipment, and related accessories. The company operates Hibbett stores, City Gear stores, and Sports Additions athletic shoe stores.
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