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Hibbett Sports (NDAQ:HIBB) has been downgraded from Neutral to Underperform in a statement by Buckingham Research earlier today.

Buckingham Research has downgraded Hibbett Sports (NDAQ:HIBB) from Neutral to Underperform in a report released on 11/21/2017.

Just yesterday Hibbett Sports (NDAQ:HIBB) traded 4.83% higher at $18.65. Hibbett Sports’s 50-day moving average is $13.53 and its 200-day moving average is $19.01. The last closing price is down -25.83% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the date range. Volume of trade was down over the average, with 489,251 shares of HIBB changing hands under the typical 1,008,180

Performance Chart

Hibbett Sports (NDAQ:HIBB)

With a total market value of $0, Hibbett Sports has price-earnings ratio of 6.89 with a one year low of $9.40 and a one year high of $45.85 .

A total of 17 equity analysts have released a ratings update on HIBB. Two analysts rating the company a strong buy, two analysts rating the company a buy, eleven analysts rating the company a hold, three analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $37.94.

General Company Details For Hibbett Sports (NDAQ:HIBB)

Hibbett Sports, Inc. operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states. Its primary retail format is Hibbett Sports, which is an approximately 5,000 square foot store. Hibbett Sports stores offer a merchandising mix of localized apparel, footwear, equipment and accessories designed to appeal to a range of customers within each market. Its 19 Sports Additions stores are enclosed mall-based stores, averaging 2,500 square feet with approximately 90% of merchandise consisting of athletic footwear and the remainder consisting of caps and a limited assortment of apparel. Hibbett Team Sales, Inc., a subsidiary of the Company, is a supplier of customized athletic apparel, equipment and footwear.

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