Hibbett Sports Inc (HIBB): Today's Featured Specialty Retail Loser

Hibbett Sports ( HIBB) pushed the Specialty Retail industry lower today making it today's featured Specialty Retail loser. The industry as a whole closed the day up 0.3%. By the end of trading, Hibbett Sports fell 87 cents (-1.6%) to $54.94 on heavy volume. Throughout the day, 1.2 million shares of Hibbett Sports exchanged hands as compared to its average daily volume of 331,800 shares. The stock ranged in price between $54.05-$58 after having opened the day at $57.99 as compared to the previous trading day's close of $55.81. Other company's within the Specialty Retail industry that declined today were: Trans World Entertainment ( TWMC), down 6.4%, Bluefly ( BFLY), down 5.9%, MarineMax ( HZO), down 5.3%, and Lentuo International ( LAS), down 3.9%.

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. Hibbett Sports has a market cap of $1.54 billion and is part of the services sector. The company has a P/E ratio of 27.1, equal to the average specialty retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 23.5% year to date as of the close of trading on Thursday. Currently there are six analysts that rate Hibbett Sports a buy, no analysts rate it a sell, and nine rate it a hold.

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, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the positive front, Brown Shoe Company ( BWS), up 25.5%, Mecox Lane ( MCOX), up 22.9%, Rush ( RUSHB), up 8%, and Lithia Motors ( LAD), up 7.9%, were all gainers within the specialty retail industry with Tiffany ( TIF) being today's featured specialty retail industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the specialty retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the specialty retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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