Roth Capital Issues Pessimistic Estimate for HCKT Earnings

The Hackett Group, Inc. (NASDAQ:HCKT) – Equities researchers at Roth Capital decreased their Q1 2025 earnings per share estimates for shares of The Hackett Group in a report released on Wednesday, February 19th. Roth Capital analyst J. Martin now expects that the business services provider will earn $0.32 per share for the quarter, down from their previous forecast of $0.34. The consensus estimate for The Hackett Group’s current full-year earnings is $1.43 per share.

The Hackett Group (NASDAQ:HCKT) last posted its quarterly earnings data on Tuesday, February 18th. The business services provider reported $0.35 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.06). The Hackett Group had a net margin of 9.44% and a return on equity of 36.40%. The firm had revenue of $77.46 million during the quarter, compared to analyst estimates of $75.64 million.

Other research analysts also recently issued reports about the company. StockNews.com raised The Hackett Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 19th. Barrington Research increased their price objective on The Hackett Group from $28.00 to $36.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. Craig Hallum increased their price objective on The Hackett Group from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. Finally, Roth Mkm raised their target price on The Hackett Group from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $32.67.

The Hackett Group Stock Down 0.1 %

NASDAQ HCKT opened at $30.19 on Monday. The business has a fifty day moving average price of $30.77 and a 200 day moving average price of $28.64. The Hackett Group has a one year low of $20.23 and a one year high of $34.02. 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 company has a market cap of $833.03 million, a P/E ratio of 28.48, a P/E/G ratio of 1.53 and a beta of 0.99.

The Hackett Group Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 21st will be paid a $0.12 dividend. The ex-dividend date is Friday, March 21st. This is an increase from The Hackett Group’s previous quarterly dividend of $0.11. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.59%. The Hackett Group’s dividend payout ratio (DPR) is 45.28%.

Institutional Trading of The Hackett Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mackenzie Financial Corp grew its holdings in shares of The Hackett Group by 153.6% during the 4th quarter. Mackenzie Financial Corp now owns 42,502 shares of the business services provider’s stock worth $1,306,000 after purchasing an additional 25,745 shares during the period. Squarepoint Ops LLC purchased a new position in shares of The Hackett Group during the 4th quarter worth $521,000. Two Sigma Advisers LP grew its holdings in shares of The Hackett Group by 23.9% during the 4th quarter. Two Sigma Advisers LP now owns 93,300 shares of the business services provider’s stock worth $2,866,000 after purchasing an additional 18,000 shares during the period. State of Wyoming grew its holdings in shares of The Hackett Group by 3.9% during the 4th quarter. State of Wyoming now owns 19,821 shares of the business services provider’s stock worth $609,000 after purchasing an additional 747 shares during the period. Finally, ProShare Advisors LLC purchased a new position in shares of The Hackett Group during the 4th quarter worth $219,000. 78.12% of the stock is owned by institutional investors and hedge funds.

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.