Hibbett Sports Inc. (NASDAQ:HIBB)’s share price rose 2.3% during trading on Monday . The stock traded as high as $36.43 and last traded at $36.20, with a volume of 102,160 shares traded. The stock had previously closed at $35.40.

HIBB has been the topic of several research analyst reports. Sterne Agee CRT raised shares of Hibbett Sports from a “neutral” rating to a “buy” rating and set a $45.00 target price on the stock in a report on Monday, April 4th. Deutsche Bank AG reissued a “hold” rating and issued a $34.00 target price on shares of Hibbett Sports in a report on Thursday, April 14th. Zacks Investment Research raised shares of Hibbett Sports from a “sell” rating to a “hold” rating in a report on Tuesday, April 12th. Robert W. Baird reissued a “hold” rating on shares of Hibbett Sports in a report on Monday, May 16th. Finally, Brean Capital reissued a “hold” rating and issued a $30.00 target price on shares of Hibbett Sports in a report on Thursday, May 19th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $35.94.

The company has a market cap of $817.69 million and a PE ratio of 12.12. The company has a 50-day moving average price of $34.80 and a 200-day moving average price of $34.05.

Hibbett Sports (NASDAQ:HIBB) last released its quarterly earnings results on Friday, May 20th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.02. The company earned $282.10 million during the quarter. During the same quarter in the prior year, the company earned $1.09 earnings per share. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. On average, equities analysts predict that Hibbett Sports Inc. will post $2.98 EPS for the current year.

In other Hibbett Sports news, Director Alton E. Yother sold 1,331 shares of the firm’s stock in a transaction on Monday, July 11th. The stock was sold at an average price of $35.62, for a total value of $47,410.22. Following the transaction, the director now owns 1,331 shares in the company, valued at approximately $47,410.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Cathy E. Pryor sold 5,000 shares of the firm’s stock in a transaction on Monday, June 20th. The shares were sold at an average price of $35.18, for a total value of $175,900.00. Following the completion of the transaction, the vice president now owns 19,608 shares in the company, valued at approximately $689,809.44. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently made changes to their positions in HIBB. Philadelphia Trust Co. purchased a new position in shares of Hibbett Sports during the fourth quarter worth $1,373,000. Nationwide Fund Advisors raised its position in shares of Hibbett Sports by 5.4% in the fourth quarter. Nationwide Fund Advisors now owns 158,116 shares of the company’s stock worth $4,781,000 after buying an additional 8,123 shares during the last quarter. Boston Partners purchased a new position in shares of Hibbett Sports during the fourth quarter worth $41,565,000. Olstein Capital Management L.P. purchased a new position in shares of Hibbett Sports during the fourth quarter worth $1,572,000. Finally, New York State Common Retirement Fund raised its position in shares of Hibbett Sports by 645.9% in the fourth quarter. New York State Common Retirement Fund now owns 176,043 shares of the company’s stock worth $5,324,000 after buying an additional 152,443 shares during the last quarter.

Hibbett Sports, Inc operates sporting goods stores in small to mid-sized markets, predominantly in the South, Southwest, Mid-Atlantic and Midwest regions of the United States. The Company operates around 988 retail stores in 31 states consisting of approximately 969 Hibbett Sports stores and around 19 Sports Additions athletic shoe stores.

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