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NASDAQ:HCKT

The Hackett Group (HCKT) Stock Price, News & Analysis

The Hackett Group logo
$30.81 -0.28 (-0.90%)
(As of 12/20/2024 05:16 PM ET)

About The Hackett Group Stock (NASDAQ:HCKT)

Key Stats

Today's Range
$30.42
$31.58
50-Day Range
$24.22
$32.32
52-Week Range
$20.23
$32.83
Volume
196,167 shs
Average Volume
103,154 shs
Market Capitalization
$850.14 million
P/E Ratio
25.25
Dividend Yield
1.43%
Price Target
$30.00
Consensus Rating
Moderate Buy

Company Overview

The Hackett Group, Inc. operates as an intellectual property-based executive advisory, strategic consulting, and digital transformation company in the United States, Europe, and internationally. The company operates through three segments: Global Strategy & Business Transformation, Oracle Solutions, and SAP Solutions. It offers Hackett Connect, an online searchable repository; best practice accelerators that provide web-based access to best practices, customized software configuration tools, and best practice process flows; advisor inquiry for access to fact-based advice on proven approaches and methods; best practice research that provides insights into the proven approaches; and peer interaction comprising member-led webcasts, annual best practice conferences, annual member forums, membership performance surveys, and client-submitted content, as well as IP-as-a-service and Hackett Institute programs. The company also provides benchmarking services that conduct studies for selling, general and administrative, finance, human resources, information technology, procurement, enterprise performance management, and shared services; and business transformation practices which help clients develop a coordinated digital transformation strategy. In addition, it offers oracle solutions that help clients to choose and deploy oracle applications that best meet their needs and objectives. Further, the company provides SAP solutions, including planning, architecture, and vendor evaluation and selection through implementation, customization, testing, and integration; post-implementation support, change and exception management, process transparency, system documentation, and end-user training; and off-shore application development, and application maintenance and support services. The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in 2008. The Hackett Group, Inc. was founded in 1991 and is headquartered in Miami, Florida.

The Hackett Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

HCKT MarketRank™: 

The Hackett Group scored higher than 86% of companies evaluated by MarketBeat, and ranked 50th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    The Hackett Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    The Hackett Group has only been the subject of 3 research reports in the past 90 days.

  • Read more about The Hackett Group's stock forecast and price target.
  • Earnings Growth

    Earnings for The Hackett Group are expected to grow by 7.52% in the coming year, from $1.33 to $1.43 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of The Hackett Group is 25.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of The Hackett Group is 25.25, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.29.

  • Price to Earnings Growth Ratio

    The Hackett Group has a PEG Ratio of 1.73. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    The Hackett Group has a P/B Ratio of 9.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.85% of the float of The Hackett Group has been sold short.
  • Short Interest Ratio / Days to Cover

    The Hackett Group has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in The Hackett Group has recently increased by 0.91%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    The Hackett Group pays a meaningful dividend of 1.37%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    The Hackett Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of The Hackett Group is 36.07%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, The Hackett Group will have a dividend payout ratio of 30.77% next year. This indicates that The Hackett Group will be able to sustain or increase its dividend.

  • Read more about The Hackett Group's dividend.
  • Percentage of Shares Shorted

    0.85% of the float of The Hackett Group has been sold short.
  • Short Interest Ratio / Days to Cover

    The Hackett Group has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in The Hackett Group has recently increased by 0.91%, indicating that investor sentiment is decreasing.
  • News Sentiment

    The Hackett Group has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for The Hackett Group this week, compared to 3 articles on an average week.
  • Search Interest

    2 people have searched for HCKT on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added The Hackett Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, The Hackett Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    15.40% of the stock of The Hackett Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    78.12% of the stock of The Hackett Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about The Hackett Group's insider trading history.
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HCKT Stock News Headlines

Hackett Group Rises On Gen AI Promise, But Results Don't Budge
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HCKT Stock Analysis - Frequently Asked Questions

The Hackett Group's stock was trading at $22.77 at the beginning of 2024. Since then, HCKT stock has increased by 35.3% and is now trading at $30.81.
View the best growth stocks for 2024 here
.

The Hackett Group, Inc. (NASDAQ:HCKT) posted its quarterly earnings results on Tuesday, February, 21st. The business services provider reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. The business services provider earned $70.12 million during the quarter, compared to analyst estimates of $67.05 million. The Hackett Group had a net margin of 11.05% and a trailing twelve-month return on equity of 35.31%.

The following companies are subsidiaries of The Hackett Group: The Chartered Institute of Management Accountants, Aecus, Jibe Consulting Inc, Aecus Limited, Technolab International Corp, Archstone Consulting LLC, REL Consultancy Group Limited, and more.

The Hackett Group's top institutional shareholders include Royce & Associates LP (5.46%), Geode Capital Management LLC (2.54%), State Street Corp (2.33%) and Wellington Management Group LLP (1.36%).
View institutional ownership trends
.

Shares of HCKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that The Hackett Group investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), Tesla (TSLA) and Walmart (WMT).

Company Calendar

Last Earnings
2/21/2023
Ex-Dividend for 10/4 Dividend
9/20/2024
Dividend Payable
10/04/2024
Ex-Dividend for 1/3 Dividend
12/20/2024
Today
12/21/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/03/2025

Industry, Sector and Symbol

Industry
Management consulting services
Sub-Industry
IT Consulting & Other Services
Current Symbol
NASDAQ:HCKT
CUSIP
40460910
Employees
1,350
Year Founded
1991

Price Target and Rating

Average Stock Price Target
$30.00
High Stock Price Target
$32.00
Low Stock Price Target
$28.00
Potential Upside/Downside
-2.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$34.15 million
Pretax Margin
15.09%

Debt

Sales & Book Value

Annual Sales
$307.02 million
Cash Flow
$1.26 per share
Book Value
$3.31 per share

Miscellaneous

Free Float
23,344,000
Market Cap
$850.14 million
Optionable
Optionable
Beta
1.00

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This page (NASDAQ:HCKT) was last updated on 12/21/2024 by MarketBeat.com Staff
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