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Hibbett Inc (HIBB) Stock by the Numbers

Monday, March 25, 2024 11:45 AM | InvestorsObserver Analysts

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Hibbett Inc (HIBB) Stock by the Numbers

InvestorsObserver gives Hibbett Inc (HIBB) a strong valuation score of 88 from its analysis. The proprietary scoring system considers the underlying health of a company by analyzing its stock price, earnings, and growth rate. HIBB currently holds a better value than 88% of stocks based on these metrics. Long term investors focused on buying-and-holding should find the valuation ranking system most relevant when making investment decisions.

Valuation Rank - 88
HIBB gets a 88 Valuation Rank today. Find out what this means to you and get the rest of the rankings on HIBB!

Metrics Analysis

HIBB has a trailing twelve month Price to Earnings (PE) ratio of 8.52. The historical average of roughly 15 shows a good value for HIBB stock as investors are paying lower share prices relative to the company's earnings. HIBB's low trailing PE ratio shows that the firm has been trading below its fair market value recently. Its trailing 12-month earnings per share (EPS) of 8.55 more than justifies the stock's current price. However, trailing PE ratios do not factor in the company's projected growth rate, resulting in many newer firms having high PE ratios due to high growth potential enticing investors despite inadequate earnings.
HIBB has a 12 month forward PE to Growth (PEG) ratio of 1.19. Markets are overvaluing HIBB in relation to its projected growth as its PEG ratio is currently above the fair market value of 1. 8.55's PEG comes from its forward price to earnings ratio being divided by its growth rate. PEG ratios are one of the most used valuation metrics due to its incorporation of more company fundamentals metrics and a focus on the firm's future rather than its past.

Summary

HIBB's valuation metrics are adequate at its current price due to a fairly valued PEG ratio due to strong growth. HIBB's PE and PEG are around the market average resulting in a average valuation score. Click Here to get the full Report on Hibbett Inc (HIBB) stock.

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