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Recommendations
Hibbett Sports results indicative of bright future, says Susquehanna » 09:04
11/23/20
11/23
09:04
11/23/20
09:04
HIBB

Hibbett Sports

$42.56 /

+0.46 (+1.09%)

Susquehanna analyst Sam…

Susquehanna analyst Sam Poser said to buy shares of Hibbett Sports following far better than expected Q3 results on the top and bottom lines and the lowest iQ3 inventory rate in seven years. He believes its results and execution during the pandemic are indicative of a bright future. Poser reiterated his Positive rating and $65 price target on Hibbett Sports shares.

ShowHide Related Items >><<
HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

11/23/20 Baird
Hibbett Sports price target raised to $48 from $35 at Baird
11/20/20 Baird
Hibbett Sports price target raised to $48 from $35 at Baird
10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
08/28/20 Baird
Hibbett Sports price target raised to $35 from $28 at Baird
HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

Recommendations
Hibbett Sports price target raised to $48 from $35 at Baird » 08:32
11/23/20
11/23
08:32
11/23/20
08:32
HIBB

Hibbett Sports

$42.56 /

+0.46 (+1.09%)

Baird analyst Peter…

Baird analyst Peter Benedict raised the firm's price target on Hibbett Sports to $48 from $35 and keeps a Neutral rating on the shares. The analyst said Q3 results were a blowout performance highlighted by broad-based comp strength. He noted positive commentary around new member acquisition and retention, as well as discrete opportunities to capture market share from struggling industry players.

ShowHide Related Items >><<
HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

11/20/20 Baird
Hibbett Sports price target raised to $48 from $35 at Baird
10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
08/28/20 Baird
Hibbett Sports price target raised to $35 from $28 at Baird
08/11/20 Barclays
Dick's Sporting price target raised to $51 from $45 at Barclays
HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

Friday
Recommendations
Hibbett Sports price target raised to $48 from $35 at Baird » 17:11
11/20/20
11/20
17:11
11/20/20
17:11
HIBB

Hibbett Sports

$42.56 /

+0.46 (+1.09%)

Baird analyst Peter…

Baird analyst Peter Benedict raised the firm's price target on Hibbett Sports to $48 from $35 and keeps a Neutral rating on the shares. The company's Q3 marked a "blowout performance" with "broad-based" comp strength in digital and store channels and also robust flow-through with EBIT margin expanion of over 700bps, the analyst tells investors in a research note. Benedict further cites the management's commentary about Hibbett's new member acquisition and retention, as well as the company's "discrete opportunities to capture market share from struggling industry players".

ShowHide Related Items >><<
HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
08/28/20 Baird
Hibbett Sports price target raised to $35 from $28 at Baird
08/11/20 Barclays
Dick's Sporting price target raised to $51 from $45 at Barclays
07/21/20 Baird
Hibbett Sports price target raised to $28 from $22 at Baird
HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

HIBB Hibbett Sports
$42.56 /

+0.46 (+1.09%)

On The Fly
Fly Intel: Pre-market Movers » 08:55
11/20/20
11/20
08:55
11/20/20
08:55
DTIL

Precision BioSciences

$9.68 /

+0.21 (+2.22%)

, LGVW

Longview Acquisition Corp.

$9.86 /

+0.07 (+0.72%)

, FL

Foot Locker

$41.36 /

+1.35 (+3.37%)

, BKE

The Buckle

$28.81 /

+1.125 (+4.06%)

, HIBB

Hibbett Sports

$42.14 /

+1.86 (+4.62%)

, HHR

HeadHunter

$25.33 /

-0.515 (-1.99%)

, WSM

Williams-Sonoma

$101.32 /

+4.245 (+4.37%)

, DXLG

Destination XL

$0.38 /

+0.0258 (+7.30%)

, GSX

GSX Techedu

$71.50 /

+3.53 (+5.19%)

, WDAY

Workday

$230.93 /

+7.31 (+3.27%)

, AVRO

Avrobio

$16.95 /

-0.365 (-2.11%)

, LLY

Eli Lilly

$143.46 /

+3.31 (+2.36%)

, BFLY

Butterfly Network

$0.00 /

+ (+0.00%)

Check out this morning's…

ShowHide Related Items >><<
WSM Williams-Sonoma
$101.32 /

+4.245 (+4.37%)

WDAY Workday
$230.93 /

+7.31 (+3.27%)

LLY Eli Lilly
$143.46 /

+3.31 (+2.36%)

LGVW Longview Acquisition Corp.
$9.86 /

+0.07 (+0.72%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HHR HeadHunter
$25.33 /

-0.515 (-1.99%)

GSX GSX Techedu
$71.50 /

+3.53 (+5.19%)

FL Foot Locker
$41.36 /

+1.35 (+3.37%)

DXLG Destination XL
$0.38 /

+0.0258 (+7.30%)

DTIL Precision BioSciences
$9.68 /

+0.21 (+2.22%)

BKE The Buckle
$28.81 /

+1.125 (+4.06%)

AVRO Avrobio
$16.95 /

-0.365 (-2.11%)

DTIL Precision BioSciences
$9.68 /

+0.21 (+2.22%)

10/21/20 Stifel
Crispr Therapeutics price target raised to $93 from $75 at Stifel
07/27/20 BTIG
Precision BioSciences assumed with a Buy at BTIG
05/18/20 H.C. Wainwright
Precision BioSciences could have 'significant upside,' says H.C. Wainwright
04/02/20 Goldman Sachs
Precision BioSciences downgraded to Neutral from Buy at Goldman Sachs
LGVW Longview Acquisition Corp.
$9.86 /

+0.07 (+0.72%)

FL Foot Locker
$41.36 /

+1.35 (+3.37%)

11/18/20 B. Riley Securities
Foot Locker price target raised to $36 from $30 at B. Riley Securities
11/18/20 Pivotal Research
Foot Locker price target raised to $46 from $39 at Pivotal Research
11/17/20 Wedbush
Foot Locker price target raised to $44 from $37 at Wedbush
11/16/20 Raymond James
Foot Locker price target raised to $50 from $35 at Raymond James
BKE The Buckle
$28.81 /

+1.125 (+4.06%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
08/28/20 Baird
Hibbett Sports price target raised to $35 from $28 at Baird
08/11/20 Barclays
Dick's Sporting price target raised to $51 from $45 at Barclays
07/21/20 Baird
Hibbett Sports price target raised to $28 from $22 at Baird
HHR HeadHunter
$25.33 /

-0.515 (-1.99%)

06/23/20 BCS Global
HeadHunter downgraded to Sell from Hold at BCS Global
03/11/20 JPMorgan
HeadHunter price target lowered to $15 from $16 at JPMorgan
WSM Williams-Sonoma
$101.32 /

+4.245 (+4.37%)

11/20/20 Loop Capital
Williams-Sonoma price target raised to $110 from $100 at Loop Capital
11/20/20 Wedbush
Williams-Sonoma price target raised to $130 from $115 at Wedbush
11/20/20 Barclays
Williams-Sonoma price target raised to $144 from $112 at Barclays
11/13/20 JPMorgan
Williams-Sonoma price target lowered to $80 from $95 at JPMorgan
DXLG Destination XL
$0.38 /

+0.0258 (+7.30%)

03/20/20 Lake Street
Destination XL price target lowered to $3 from $4 at Lake Street
GSX GSX Techedu
$71.50 /

+3.53 (+5.19%)

10/26/20 Barclays
GSX Techedu price target lowered to $66 from $77 at Barclays
10/22/20
Fly Intel: Top five analyst downgrades
10/22/20 Nomura
Nomura downgrades GSX Techedu to Reduce, cuts target to 'Street-low' $38
10/22/20 Nomura
GSX Techedu downgraded to Reduce from Neutral at Nomura
WDAY Workday
$230.93 /

+7.31 (+3.27%)

11/20/20 Loop Capital
Workday price target raised to $180 from $170 at Loop Capital
11/20/20 Canaccord
Workday weakness following earnings should be bought, says Canaccord
11/20/20 BMO Capital
Workday price target lowered to $260 from $265 at BMO Capital
11/20/20 Credit Suisse
Workday price target raised to $230 from $215 at Credit Suisse
AVRO Avrobio
$16.95 /

-0.365 (-2.11%)

11/18/20 Mizuho
Avrobio price target raised to $43 from $35 at Mizuho
11/11/20 Berenberg
Biotechnology companies initiated at Berenberg
11/11/20 Berenberg
Avrobio initiated with a Buy at Berenberg
03/31/20 H.C. Wainwright
Avrobio downgraded to Neutral from Buy at H.C. Wainwright
LLY Eli Lilly
$143.46 /

+3.31 (+2.36%)

11/17/20 Mizuho
Eli Lilly price target lowered to $156 from $164 at Mizuho
11/10/20 Bernstein
Eli Lilly initiated with a Market Perform, $150 price target at Bernstein
11/10/20 Bernstein
Eli Lilly initiated with a Market Perform at Bernstein
11/10/20 SVB Leerink
Regeneron price target lowered to $643 from $653 at SVB Leerink
BFLY Butterfly Network
$0.00 /

+ (+0.00%)

WSM Williams-Sonoma
$101.32 /

+4.245 (+4.37%)

WDAY Workday
$230.93 /

+7.31 (+3.27%)

LLY Eli Lilly
$143.46 /

+3.31 (+2.36%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HHR HeadHunter
$25.33 /

-0.515 (-1.99%)

GSX GSX Techedu
$71.50 /

+3.53 (+5.19%)

FL Foot Locker
$41.36 /

+1.35 (+3.37%)

DXLG Destination XL
$0.38 /

+0.0258 (+7.30%)

DTIL Precision BioSciences
$9.68 /

+0.21 (+2.22%)

BKE The Buckle
$28.81 /

+1.125 (+4.06%)

AVRO Avrobio
$16.95 /

-0.365 (-2.11%)

  • 20
    Nov
  • 16
    Jul
  • 13
    Feb
  • 21
    Nov
WSM Williams-Sonoma
$101.32 /

+4.245 (+4.37%)

LLY Eli Lilly
$143.46 /

+3.31 (+2.36%)

HHR HeadHunter
$25.33 /

-0.515 (-1.99%)

GSX GSX Techedu
$71.50 /

+3.53 (+5.19%)

DXLG Destination XL
$0.38 /

+0.0258 (+7.30%)

WSM Williams-Sonoma
$101.32 /

+4.245 (+4.37%)

WDAY Workday
$230.93 /

+7.31 (+3.27%)

LLY Eli Lilly
$143.46 /

+3.31 (+2.36%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

GSX GSX Techedu
$71.50 /

+3.53 (+5.19%)

FL Foot Locker
$41.36 /

+1.35 (+3.37%)

DTIL Precision BioSciences
$9.68 /

+0.21 (+2.22%)

BKE The Buckle
$28.81 /

+1.125 (+4.06%)

AVRO Avrobio
$16.95 /

-0.365 (-2.11%)

WSM Williams-Sonoma
$101.32 /

+4.245 (+4.37%)

WDAY Workday
$230.93 /

+7.31 (+3.27%)

LLY Eli Lilly
$143.46 /

+3.31 (+2.36%)

GSX GSX Techedu
$71.50 /

+3.53 (+5.19%)

FL Foot Locker
$41.36 /

+1.35 (+3.37%)

Hot Stocks
Hibbett Sports reports Q3 gross margin 38.3% » 06:44
11/20/20
11/20
06:44
11/20/20
06:44
HIBB

Hibbett Sports

$42.14 /

+1.86 (+4.62%)

Gross margin was 38.3% of…

Gross margin was 38.3% of net sales for the 13-week period ended October 31, 2020, compared with 32.7% of net sales for the 13-week period ended November 2, 2019. The approximate 560 basis point increase was driven by higher sell through, a low promotional environment, a reduction in inventory valuation reserves and leverage of store occupancy expenses. These impacts were slightly offset by a higher mix of e-commerce sales, which carries a lower margin due to incremental shipping costs. Excluding adjustments to inventory valuation reserves in the current quarter, non-GAAP gross margin was 38.1% compared to non-GAAP gross margin of 32.4% in the prior year.

ShowHide Related Items >><<
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
08/28/20 Baird
Hibbett Sports price target raised to $35 from $28 at Baird
08/11/20 Barclays
Dick's Sporting price target raised to $51 from $45 at Barclays
07/21/20 Baird
Hibbett Sports price target raised to $28 from $22 at Baird
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

Hot Stocks
Hibbett Sports reports Q3 e-commerce sales grew by 50.7% » 06:43
11/20/20
11/20
06:43
11/20/20
06:43
HIBB

Hibbett Sports

$42.14 /

+1.86 (+4.62%)

E-commerce sales grew by…

E-commerce sales grew by 50.7% and represented 13.2% of total net sales for the third quarter compared to 10.5% in the prior year third quarter. "We believe the increase in overall sales was positively impacted by continued strength in omni-channel adoption, improved new customer retention, market disruption, and availability of in-demand product, which collectively helped increase the revenue per transaction in the quarter."

ShowHide Related Items >><<
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
08/28/20 Baird
Hibbett Sports price target raised to $35 from $28 at Baird
08/11/20 Barclays
Dick's Sporting price target raised to $51 from $45 at Barclays
07/21/20 Baird
Hibbett Sports price target raised to $28 from $22 at Baird
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

Hot Stocks
Hibbett Sports jumps 7% to $45.00 after Q3 results beat estimates  06:41
11/20/20
11/20
06:41
11/20/20
06:41
HIBB

Hibbett Sports

$42.14 /

+1.86 (+4.62%)

 
ShowHide Related Items >><<
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
08/28/20 Baird
Hibbett Sports price target raised to $35 from $28 at Baird
08/11/20 Barclays
Dick's Sporting price target raised to $51 from $45 at Barclays
07/21/20 Baird
Hibbett Sports price target raised to $28 from $22 at Baird
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

Hot Stocks
Hibbett Sports CEO: Continue to operate from a position of strength » 06:40
11/20/20
11/20
06:40
11/20/20
06:40
HIBB

Hibbett Sports

$42.14 /

+1.86 (+4.62%)

Mike Longo, President and…

Mike Longo, President and CEO, stated, "Our business continues to operate from a position of strength despite ongoing challenges in the current business environment. Superior customer service delivered by our dedicated team members and a best-in-class omni-channel platform contributed to significant revenue and earnings growth in the quarter. Our third quarter comparable sales growth of 21.2% was driven by several factors, including new customer retention, the timing of back-to-school spending, and availability of in-demand footwear, apparel and accessories. We believe that these factors helped drive additional transactions and a higher average ticket across our store footprint as well as online. In addition to experiencing continued sales growth in the third quarter, our laser focus on execution and an improving partnership with our vendor base led to an improved inventory position compared to last quarter. We believe our efforts to provide the underserved consumer with a compelling assortment of attractive products is not only valued by our loyal customers and strategic vendor partners, but it also continues to attract new customers to our stores and website." Finally, Longo added, "Our recent performance exemplifies the effort of our team members and the resiliency of our business model. With ongoing expected market disruption and improvements to our operations, we remain optimistic the positive momentum we have enjoyed for most of this year will continue through the remainder of Fiscal 2021. The direction of the pandemic is uncertain, but we will continue to adapt and safeguard our customers and team members, while also striving to generate positive returns."

ShowHide Related Items >><<
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
08/28/20 Baird
Hibbett Sports price target raised to $35 from $28 at Baird
08/11/20 Barclays
Dick's Sporting price target raised to $51 from $45 at Barclays
07/21/20 Baird
Hibbett Sports price target raised to $28 from $22 at Baird
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

Earnings
Hibbett Sports sees Q4 GAAP EPS $1.00-$1.10, consensus 60c » 06:32
11/20/20
11/20
06:32
11/20/20
06:32
HIBB

Hibbett Sports

$42.14 /

+1.86 (+4.62%)

The company said,…

The company said, "Based on the considerations above, we forecast the following GAAP results for the fourth quarter of Fiscal 2021 in comparison to the fourth quarter of Fiscal 2020: Comparable sales increases in the high-single digits to low-double digits; Gross margin improvement of approximately 380 to 400 basis points; SG&A leverage of approximately 40 to 60 basis points; and Diluted earnings per share in the range of $1.00 to $1.10, assuming an effective tax rate of approximately 25.0% and a diluted share count of approximately 17.2M. Additionally, non-GAAP adjustments in the fourth quarter of Fiscal 2021 are not expected to be material."

ShowHide Related Items >><<
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
08/28/20 Baird
Hibbett Sports price target raised to $35 from $28 at Baird
08/11/20 Barclays
Dick's Sporting price target raised to $51 from $45 at Barclays
07/21/20 Baird
Hibbett Sports price target raised to $28 from $22 at Baird
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

Earnings
Hibbett Sports reports Q3 adjusted EPS $1.45, consensus 45c » 06:30
11/20/20
11/20
06:30
11/20/20
06:30
HIBB

Hibbett Sports

$42.14 /

+1.86 (+4.62%)

Reports Q3 revenue…

Reports Q3 revenue $331.4M, consensus $286.42M. Comparable sales increase 21.2%; YTD comparable sales increase 22.0%.

ShowHide Related Items >><<
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

10/02/20 Susquehanna
Hibbett Sports price target raised to $50 from $40 at Susquehanna
08/28/20 Baird
Hibbett Sports price target raised to $35 from $28 at Baird
08/11/20 Barclays
Dick's Sporting price target raised to $51 from $45 at Barclays
07/21/20 Baird
Hibbett Sports price target raised to $28 from $22 at Baird
HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

HIBB Hibbett Sports
$42.14 /

+1.86 (+4.62%)

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