Hibbett Sports Stock Hits New 52-Week High (HIBB)

NEW YORK ( TheStreet) -- Hibbett Sports (Nasdaq: HIBB) hit a new 52-week high Thursday as it is currently trading at $58.96, above its previous 52-week high of $58.69 with 156,805 shares traded as of 3:20 p.m. ET. Average volume has been 279,400 shares over the past 30 days.

Hibbett Sports has a market cap of $1.49 billion and is part of the services sector and specialty retail industry. Shares are up 28.9% year to date as of the close of trading on Wednesday.

Hibbett Sports, Inc. operates sporting goods stores in small to mid-sized markets primarily in the southeast, southwest, Mid-Atlantic, and Midwest regions of the United States. The company has a P/E ratio of 26.3, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hibbett Sports as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Hibbett Sports Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?

Jim Cramer: Does Saudi Arabia Think Oil Prices Are Too High?