The Hackett Group, Inc. (NASDAQ:HCKT – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $11.18 and traded as high as $11.45. The Hackett Group shares last traded at $11.31, with a volume of 150,668 shares trading hands.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on HCKT. Wall Street Zen upgraded The Hackett Group from a “hold” rating to a “buy” rating in a research note on Saturday, September 5th. Zacks Research raised The Hackett Group from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of The Hackett Group in a research report on Friday, October 2nd. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $16.50.
Get Our Latest Stock Report on The Hackett Group
The Hackett Group Stock Performance
The business has a fifty day simple moving average of $10.90 and a two-hundred day simple moving average of $11.17. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 1.19. The company has a market cap of $281.12 million, a P/E ratio of 17.38, a P/E/G ratio of 0.97 and a beta of 0.96.
The Hackett Group (NASDAQ:HCKT – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.34. The Hackett Group had a return on equity of 34.77% and a net margin of 5.86%. The business had revenue of $69.33 million during the quarter, compared to the consensus estimate of $68.80 million. The Hackett Group has set its Q3 2026 guidance at 0.370-0.390 EPS. On average, sell-side analysts anticipate that The Hackett Group, Inc. will post 1.17 EPS for the current year.
The Hackett Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 18th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, September 18th. The Hackett Group’s dividend payout ratio (DPR) is currently 73.85%.
Institutional Investors Weigh In On The Hackett Group
Several hedge funds and other institutional investors have recently modified their holdings of HCKT. Copeland Capital Management LLC raised its holdings in The Hackett Group by 49.6% in the 3rd quarter. Copeland Capital Management LLC now owns 8,458 shares of the business services provider’s stock worth $85,000 after purchasing an additional 2,805 shares during the period. Williams & Novak Wealth Management LLC lifted its position in The Hackett Group by 44.1% during the third quarter. Williams & Novak Wealth Management LLC now owns 25,226 shares of the business services provider’s stock valued at $254,000 after purchasing an additional 7,721 shares in the last quarter. Versant Capital Management Inc lifted its position in The Hackett Group by 58.8% during the third quarter. Versant Capital Management Inc now owns 3,874 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 1,435 shares in the last quarter. Susquehanna International Group LLP grew its holdings in The Hackett Group by 98.2% during the second quarter. Susquehanna International Group LLP now owns 20,811 shares of the business services provider’s stock valued at $224,000 after purchasing an additional 10,309 shares during the period. Finally, Hsbc Holdings PLC bought a new stake in The Hackett Group during the second quarter valued at about $145,000. 78.12% of the stock is currently owned by hedge funds and other institutional investors.
About The Hackett Group
The Hackett Group, Inc is a global business and technology consulting firm that helps organizations improve performance, streamline operations and execute large-scale transformation initiatives. The company serves executives and business functions including finance, procurement, human resources, information technology, supply chain and enterprise performance management.
Its offerings include benchmarking and performance studies, executive advisory services, technology consulting, enterprise transformation and implementation support.
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