The Hackett Group (NASDAQ:HCKT) Releases Earnings Results, Misses Expectations By $0.06 EPS

The Hackett Group (NASDAQ:HCKT - Get Free Report) released its earnings results on Tuesday. The business services provider reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.06), Zacks reports. The Hackett Group had a net margin of 9.44% and a return on equity of 36.40%. The company had revenue of $77.46 million during the quarter, compared to the consensus estimate of $75.64 million. The Hackett Group updated its Q1 2025 guidance to 0.390-0.410 EPS.

The Hackett Group Price Performance

Shares of NASDAQ HCKT traded down $0.51 during mid-day trading on Friday, hitting $30.18. 201,908 shares of the stock were exchanged, compared to its average volume of 97,003. The company has a market cap of $832.67 million, a P/E ratio of 28.47, a PEG ratio of 1.54 and a beta of 0.99. The stock's fifty day simple moving average is $30.84 and its two-hundred day simple moving average is $28.53. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.51 and a current ratio of 1.51. The Hackett Group has a twelve month low of $20.23 and a twelve month high of $34.02.

The Hackett Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be issued a dividend of $0.12 per share. This is a positive change from The Hackett Group's previous quarterly dividend of $0.11. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.48 annualized dividend and a dividend yield of 1.59%. The Hackett Group's dividend payout ratio (DPR) is presently 41.51%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on HCKT shares. Craig Hallum increased their target price on shares of The Hackett Group from $30.00 to $32.00 and gave the company a "buy" rating in a research note on Tuesday, November 5th. Barrington Research increased their price target on shares of The Hackett Group from $28.00 to $36.00 and gave the stock an "outperform" rating in a research report on Thursday. StockNews.com raised shares of The Hackett Group from a "buy" rating to a "strong-buy" rating in a research report on Wednesday. Finally, Roth Mkm increased their price target on shares of The Hackett Group from $29.00 to $30.00 and gave the stock a "buy" rating in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, The Hackett Group currently has a consensus rating of "Buy" and an average target price of $32.67.

The Hackett Group Company Profile

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.