Susquehanna Reiterates Their Buy Rating on Hibbett Sports

Susquehanna analyst Sam Poser reiterated a Buy rating on Hibbett Sports (NASDAQ: HIBB) on May 4 and set a price target of $33. The company’s shares closed on Friday at $27.90, close to its 52-week high of $28.65.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 7.7% and a 56.8% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.

Hibbett Sports has an analyst consensus of Hold, with a price target consensus of $26.43.

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Hibbett Sports’ market cap is currently $528.8M and has a P/E ratio of 16.41. The company has a book value ratio of 1.6545.

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is neutral on the stock.

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Hibbett Sports, Inc. engages in the ownership and operation of sporting goods stores. Its products include footwear; apparel; accessories; and sports and fitness products. The company was founded in 1945 and is headquartered in Birmingham, AL.