The Hackett Group (NASDAQ:HCKT) Releases Quarterly Earnings Results

The Hackett Group (NASDAQ:HCKT) released its quarterly earnings results on Tuesday. The business services provider reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.06), Zacks reports. The Hackett Group had a return on equity of 35.31% and a net margin of 11.05%. The Hackett Group updated its Q1 2025 guidance to 0.390-0.410 EPS.

The Hackett Group Stock Performance

Shares of NASDAQ HCKT traded down $0.32 during mid-day trading on Tuesday, reaching $31.62. 152,875 shares of the company were exchanged, compared to its average volume of 85,060. The stock has a market capitalization of $872.40 million, a P/E ratio of 25.92, a P/E/G ratio of 1.60 and a beta of 0.99. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.18. The Hackett Group has a twelve month low of $20.23 and a twelve month high of $32.83. The company’s 50-day simple moving average is $30.90 and its 200-day simple moving average is $28.46.

Analyst Upgrades and Downgrades

HCKT has been the subject of a number of research analyst reports. Barrington Research reaffirmed an “outperform” rating and issued a $28.00 target price on shares of The Hackett Group in a research note on Tuesday, November 5th. Roth Mkm lifted their price objective on shares of The Hackett Group from $29.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. Finally, Craig Hallum increased their target price on shares of The Hackett Group from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.00.

About The Hackett Group

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.