|Company name||Hibbett Sports, Inc.|
|Live stock price||[stckqut]HIBB[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Fair|
|Target stock price (TWCA growth scenario)||$79.44|
|Target stock price (averages with growth)||$106.08|
|Target stock price (averages with no growth)||$83.92|
|Target stock price (manual assumptions)||$80.14|
The following company description is from Google Finance: http://www.google.com/finance?q=hibb
Hibbett Sports, Inc. is an operator of sporting goods retail stores in small to mid-sized markets predominately in the Southeast, Southwest, Mid-Atlantic and Midwest regions of the United States. The Company offers a range of athletic equipment, footwear and apparel. Its stores concepts are Hibbett Sports, Sports Additions, Sports & Co. and Hibbett Team Sales, Inc. As of January 28, 2012, it operated 832 stores in 26 states, which consisted of 812 Hibbett Sports stores, as well as 19 smaller-format Sports Additions athletic shoe stores and one larger-format Sports & Co. superstore. Of 832 stores, 203 were located in enclosed malls and 629 are located in strip-shopping centers. During the fiscal year ended January 28, 2012 (fiscal 2012), it opened 49 Hibbett Sports stores and three Sports Addition stores while closing 17 Hibbett Sports stores and one Sports & Co. stores. In fiscal 2012, it expanded or remodeled 18 stores and converted one Sports & Co. store to a Hibbett Sports store.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Hibbett Sports, Inc. as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
Stock price at the time of the calculation: $64.55
Current EPS (TTM): $2.79
Future EPS Calc: $5.61
Future Stock Price Calc: $129.06
Target stock price: $80.14
I hope that this makes you a better investor. [/s2If]