14.50 0.00 (0.00%)
After hours: 5:02PM EST
|Bid||13.88 x 800|
|Ask||15.50 x 1000|
|Day's Range||14.39 - 15.43|
|52 Week Range||14.39 - 29.60|
|Beta (3Y Monthly)||0.23|
|PE Ratio (TTM)||8.75|
|Earnings Date||Nov 15, 2018 - Nov 19, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.50|
Hibbett (HIBB) witnesses mixed trends due to its dismal surprise history, which is countered by solid long-term growth potential backed by strategies.
The retail rout continued on Thursday as some small specialty names and even larger department store chains suffered to varying degrees in the midst of what is expected to be a huge holiday shopping season.
Dick’s Sporting Goods (DKS) reported its third-quarter results on November 28. Its adjusted EPS of $0.39 handily beat analysts’ estimate of $0.26. Its EPS rose 30.0% year-over-year.
Dick’s Sporting Goods’ (DKS) reported its third-quarter results for fiscal 2018 on November 28. A calendar shift and weakness in the hunt and electronics categories hurt the company’s top line. It removed the hunting category from ten of its stores and replaced the space with sports equipment like baseball products, outerwear, and licensed wear.
After the announcement of its third-quarter results on November 28, we’ve seen three target price changes for Dick’s Sporting Goods (DKS). RBC increased target price for DKS to $38.00 form $36.00. Baird upped its price target to $40.00 from $39.00. However, J.P. Morgan cut its price target to $41.00 from $46.00 and lowered its rating to “neutral.”
What Are Analysts Forecasting for Dick’s Sporting Goods in Q3? As of November 21, Dick’s Sporting Goods’ (DKS) stock price is up 22.1% on a YTD basis to $35.10 as strategic initiatives are gaining traction. Meanwhile, Hibbett Sports (HIBB) and Big 5 Sporting Goods (BGFV) fell 15.6% and 48.0%, respectively.
What Are Analysts Forecasting for Dick’s Sporting Goods in Q3? Dick’s Sporting Goods (DKS) is scheduled to announce third-quarter results on November 28. Analysts expect adjusted EPS to decline by 14.4% to $0.26 for the third quarter.
Hibbett Sports Inc. reported Tuesday fiscal third-quarter earnings and sales that missed expectations, although same-store sales beat, and cut its full-year profit outlook. The athletic-inspired fashion retailer's stock was still inactive in premarket traded. Net income fell to $1.5 million, or 8 cents a share, from $7.6 million, or 37 cents a share, in the same period a year ago. Excluding non-recurring items, such as costs related to the acquisition of City Gear, adjusted earnings per share came to 14 cents, below the FactSet consensus of 16 cents. Net sales fell to $216.9 million from $237.8 million, below the FactSet consensus of $217.4 million, while same-store sales grew 0.1% to beat expectations of a 0.2% decline. For fiscal 2019, the company cut its adjusted EPS guidance range to $1.55 to $1.65 from $1.57 to $1.75, but lifted its same-store sales outlook to flat to up 1.0% from down 1.0% to up 1.0%. "We continue to see good momentum in our branded apparel business, which helped offset softness in our licensed, equipment, and accessories business in the quarter," said Chief Executive Jeff Rosenthal. The stock has lost 12% year to date, while the S&P 500 is little changed.
The Birmingham, Alabama-based company said it had net income of 8 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 14 cents per share. The results fell short of Wall ...
What Are Analysts Forecasting for Dick’s Sporting Goods in Q3? Dick’s Sporting Goods (DKS) is slated to announce third-quarter 2018 results on November 28. Analysts expect Dick’s Sporting Goods to report a net sales decline of 3.4% to $1.88 billion in the third quarter.
As of November 21, Dick’s Sporting Goods’ (DKS) 12-month forward PE ratio was 10.8x. Meanwhile, Hibbett Sports (HIBB), Big 5 Sporting Goods (BGFV), and Foot Locker (FL) had PE ratios of 9.9x, 22.1x, and 11.0x, respectively. Comparing forward PE multiples for companies in the same sector can help investors make investment decisions.
Is it time to think about buying Dick's Sporting Goods (DKS) stock before it reports its Q3 earnings results next week?
After looking at Hibbett Sports Inc’s (NASDAQ:HIBB) latest earnings update (04 August 2018), I found it helpful to revisit the company’s performance in the past couple of years and compare Read More...
Hibbett (HIBB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hibbett's (HIBB) dismal performance since the start of fiscal 2019 can be attributed to higher SG&A expenses that have impacted operating margin. Continuation of this trend will hurt results in Q3.
BIRMINGHAM, Ala., Nov. 7, 2018 /PRNewswire/ -- Hibbett Sporting Goods Inc. (HIBB), a U.S. based athleisure retailer operating more than 1,000 premium athletic apparel, footwear and equipment stores in small and mid-sized markets, today announced they are the exclusive Nike N7 retail partner. In alignment with Native American Heritage Month, the latest N7 line, benefitting the N7 Fund, will launch on November 7, 2018. The exclusive N7 footwear and apparel line will be available in 50 Hibbett Sports stores in 17 states and online at www.Hibbett.com/NikeN7.
NEW YORK, Nov. 02, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.