The Hackett Group (HCKT) Releases Q1 Earnings Guidance

The Hackett Group (NASDAQ:HCKT) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.25-0.27 for the period, compared to the Thomson Reuters consensus estimate of $0.25. The company issued revenue guidance of $71.0-$73.0 million, compared to the consensus revenue estimate of $72.36 million.

A number of research firms have recently commented on HCKT. Roth Capital raised shares of The Hackett Group from a neutral rating to a buy rating and raised their price objective for the stock from $16.00 to $20.00 in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of The Hackett Group from a sell rating to a hold rating in a research report on Wednesday, November 1st. SunTrust Banks reiterated a buy rating and set a $17.00 target price on shares of The Hackett Group in a research report on Friday, November 10th. Finally, BidaskClub upgraded shares of The Hackett Group from a sell rating to a hold rating in a research report on Monday, February 5th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $18.33.

Shares of The Hackett Group (HCKT) traded up $0.37 during trading on Tuesday, hitting $16.66. 213,267 shares of the company were exchanged, compared to its average volume of 108,902. The firm has a market cap of $476.55, a PE ratio of 21.72, a P/E/G ratio of 1.20 and a beta of 0.82. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.22. The Hackett Group has a 1-year low of $13.24 and a 1-year high of $20.69.

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The Hackett Group Company Profile

The Hackett Group, Inc is an advisory and technology consulting company. The Company’s services include business transformation, enterprise performance management, working capital management and global business services. The Company is engaged in providing business and technology consulting services.

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