Hibbett Inc (HIBB) Stock: How Does it Score on Fundamental Metrics?

Hibbett Inc (HIBB) receives a strong valuation ranking of 94 from InvestorsObserver data analysis. The proprietary ranking system focuses on the underlying health of a company through analysis of its stock price, earnings, and growth rate. HIBB has a better value than 94% of stocks based on these valuation analytics. Investors primarily focused on buy-and-hold strategies will find the valuation ranking relevant to their goals when making investment decisions.

HIBB gets a 94 Valuation Rank today. Find out what this means to you and get the rest of the rankings on HIBB!

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Metrics Analysis

HIBB has a trailing twelve month Price to Earnings (PE) ratio of 5.32 which places it below the histroical average of roughly 15. HIBB is currently trading at a good value due to investors paying less than what the stock is worth in relation to its earnings. HIBB's trailing-12-month earnings per share (EPS) of 9.47 does justify its share price in the market. Trailing PE ratios do not factor in the company's projected growth rate, thus, some firms will have high PE ratios caused by high growth recruiting more investors even if the underlying company has produced low earnings so far. HIBB's 12-month-forward PE to Growth (PEG) ratio of 0.92 is considered a roughly average value as the market is valuing HIBB right in line with its projected earnings growth. HIBB's PEG comes from its forward price to earnings ratio being divided by its growth rate. A PEG ratio of 1 represents a perfect correlation between earnings growth and share price. Due to their incorporation of more fundamentals of a company's overall health and focusing on the future rather than the past, PEG ratios are one of the most used valuation metrics by analysts today.

Summary

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