The Analyst Verdict: Hibbett In The Eyes Of 10 Experts
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Hibbett (NASDAQ:HIBB) over the past quarter, with a majority being indifferent. The average 12-month price target has increased to $81.9, up 8.64% from the previous target. Hibbett has shown strong financial performance with notable revenue growth, net margin, ROE, and ROA, and maintains a prudent debt management strategy.
June 03, 2024 | 1:00 pm
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Analysts have mixed ratings for Hibbett, with a majority being indifferent. The average 12-month price target has increased to $81.9, reflecting positive sentiment. Hibbett's strong financial performance and prudent debt management are key highlights.
The increase in the average price target and strong financial performance indicate positive sentiment among analysts. The mixed ratings, with a majority being indifferent, suggest a cautious but optimistic outlook. Hibbett's strong revenue growth, net margin, ROE, and ROA, along with prudent debt management, support a likely positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100