The Hackett Group (NASDAQ:HCKT – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.370-0.390 for the period, compared to the consensus earnings per share estimate of 0.380. The company issued revenue guidance of $68.0 million-$70.0 million, compared to the consensus revenue estimate of $73.0 million.
Analysts Set New Price Targets
HCKT has been the subject of several analyst reports. Barrington Research lowered their price target on shares of The Hackett Group from $17.00 to $16.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Roth Capital set a $17.00 price objective on shares of The Hackett Group in a report on Wednesday, May 6th. Wall Street Zen downgraded shares of The Hackett Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of The Hackett Group in a report on Monday, July 6th. Finally, Zacks Research raised The Hackett Group from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $16.50.
Get Our Latest Stock Report on The Hackett Group
The Hackett Group Stock Performance
The Hackett Group (NASDAQ:HCKT – Get Free Report) last announced its earnings results on Tuesday, August 4th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.34. The Hackett Group had a net margin of 4.75% and a return on equity of 26.70%. The Hackett Group has set its Q3 2026 guidance at 0.370-0.390 EPS. As a group, sell-side analysts predict that The Hackett Group will post 1.23 earnings per share for the current year.
Institutional Trading of The Hackett Group
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC increased its holdings in shares of The Hackett Group by 122.9% in the third quarter. Millennium Management LLC now owns 807,457 shares of the business services provider’s stock valued at $15,350,000 after purchasing an additional 445,267 shares during the period. Russell Investments Group Ltd. grew its position in The Hackett Group by 7.0% in the 4th quarter. Russell Investments Group Ltd. now owns 429,032 shares of the business services provider’s stock valued at $8,422,000 after buying an additional 28,231 shares during the last quarter. Punch & Associates Investment Management Inc. increased its stake in The Hackett Group by 0.3% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 428,654 shares of the business services provider’s stock valued at $8,149,000 after buying an additional 1,253 shares during the period. Goldman Sachs Group Inc. raised its position in The Hackett Group by 123.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 401,972 shares of the business services provider’s stock worth $7,891,000 after buying an additional 222,065 shares during the last quarter. Finally, Two Sigma Investments LP lifted its stake in shares of The Hackett Group by 54.5% in the 3rd quarter. Two Sigma Investments LP now owns 401,852 shares of the business services provider’s stock worth $7,639,000 after acquiring an additional 141,798 shares during the period. 78.12% of the stock is owned by hedge funds and other institutional investors.
The Hackett Group Company Profile
The Hackett Group is a global strategic advisory firm specializing in business transformation, benchmarking and research. Leveraging a proprietary data repository and the Hackett Methodology®, the company helps organizations optimize performance across enterprise functions. Its advisory services span digital transformation, process optimization and operational excellence, enabling clients to identify best practices, streamline workflows and achieve sustainable cost savings.
Through detailed benchmarking studies and industry research, The Hackett Group delivers actionable insights into finance, procurement, human resources, information technology and supply chain management.
Featured Articles
- Five stocks we like better than The Hackett Group
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
Receive News & Ratings for The Hackett Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Hackett Group and related companies with MarketBeat.com's FREE daily email newsletter.
