British retailer JD Sports to buy US rival Hibbett for 1.08 billion
| HIBBDelisted Stock | USD 87.49 0.00 0.00% |
About 56% of Hibbett Sports' investor base is looking to short. The analysis of current outlook of investing in Hibbett Sports suggests that many traders are alarmed regarding Hibbett Sports' prospects. The current market sentiment, together with Hibbett Sports' historical and current headlines, can help investors time the market. In addition, many technical investors use Hibbett Sports stock news signals to limit their universe of possible portfolio assets.
Hibbett |
JD Sports, Britains largest sportswear retailer, will pay 87.50 per Hibbett share in cash, representing a premium of about 20 percent to the U.S. firms last closing price. The Bury, Greater Manchester-based company said it expects to fund the deal and refinance Hibbetts existing debt through its existing U.S. cash resources of 300 million and a 1 billion extension to its existing bank facilities. The enlarged group would have combined revenues of about 4.7 billion pounds in North America, JD Sports said, adding that the regions contribution to total sales would increase to about 40 percent from the current 32.
Read at finance.yahoo.com
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Hibbett Sports Fundamental Analysis
We analyze Hibbett Sports' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hibbett Sports using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hibbett Sports based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Hibbett Sports is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Hibbett Sports Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hibbett Sports stock to make a market-neutral strategy. Peer analysis of Hibbett Sports could also be used in its relative valuation, which is a method of valuing Hibbett Sports by comparing valuation metrics with similar companies.
Peers
Hibbett Sports Related Equities
| HZO | MarineMax | 5.54 | ||||
| BGFV | Big 5 | 2.41 | ||||
| SCVL | Shoe Carnival | 0.45 | ||||
| GCO | Genesco | 2.98 | ||||
| DKS | Dicks Sporting | 3.00 |
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Other Consideration for investing in Hibbett Stock
If you are still planning to invest in Hibbett Sports check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hibbett Sports' history and understand the potential risks before investing.
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