Hibbett Sports (NASDAQ:HIBB) posted its quarterly earnings data on Friday. The company reported $1.12 EPS for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.03), MarketWatch Earnings reports. Hibbett Sports had a return on equity of 10.37% and a net margin of 3.62%. The firm had revenue of $274.70 million during the quarter, compared to analyst estimates of $276.98 million. During the same period in the prior year, the business posted $0.97 EPS. The company’s revenue for the quarter was down .4% on a year-over-year basis. Hibbett Sports updated its FY19 guidance to $1.65-1.95 EPS.
Hibbett Sports stock opened at $28.95 on Friday. The firm has a market cap of $539.32 million, a PE ratio of 17.76, a price-to-earnings-growth ratio of 1.85 and a beta of 0.83. The company has a current ratio of 3.00, a quick ratio of 0.81 and a debt-to-equity ratio of 0.01. Hibbett Sports has a 1-year low of $9.40 and a 1-year high of $29.50.
In other news, Director Alton E. Yother sold 5,000 shares of the firm’s stock in a transaction on Thursday, April 12th. The shares were sold at an average price of $28.20, for a total transaction of $141,000.00. Following the transaction, the director now owns 16,237 shares in the company, valued at approximately $457,883.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Cathy E. Pryor sold 6,500 shares of the firm’s stock in a transaction on Thursday, March 22nd. The shares were sold at an average price of $22.58, for a total transaction of $146,770.00. Following the transaction, the vice president now owns 13,300 shares in the company, valued at approximately $300,314. The disclosure for this sale can be found here. 1.60% of the stock is currently owned by company insiders.
About Hibbett Sports
Hibbett Sports, Inc, together with its subsidiaries, operates athletic specialty stores. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, sports equipment, and related accessories. The company also operates Hibbett.com, an e-commerce Website. As of March 28, 2018, it operated approximately 1,000 stores primarily in small and mid-sized communities in the United States.
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