Roth Capital Analysts Reduce Earnings Estimates for HCKT

The Hackett Group, Inc. (NASDAQ:HCKT) – Research analysts at Roth Capital cut their Q1 2025 earnings per share estimates for shares of The Hackett Group in a research note issued on Wednesday, February 19th. Roth Capital analyst J. Martin now expects that the business services provider will post earnings per share of $0.32 for the quarter, down from their prior estimate 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 issued its quarterly earnings data on Tuesday, February 18th. The business services provider reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $77.46 million during the quarter, compared to the consensus estimate of $75.64 million.

Several other research analysts also recently commented on HCKT. StockNews.com raised The Hackett Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, February 19th. Roth Mkm lifted their price target on The Hackett Group from $29.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. Barrington Research lifted their price target on The Hackett Group from $28.00 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Craig Hallum lifted their price target on The Hackett Group from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $32.67.

The Hackett Group Stock Down 1.7 %

Shares of HCKT stock opened at $30.18 on Monday. 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 stock’s 50 day simple moving average is $30.80 and its 200 day simple moving average is $28.61. The company has a market capitalization of $832.76 million, a price-to-earnings ratio of 28.47, a PEG ratio of 1.53 and a beta of 0.99. The Hackett Group has a twelve month low of $20.23 and a twelve month high of $34.02.

The Hackett Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, March 21st. This is a boost 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 payout ratio is currently 45.28%.

Institutional Trading of The Hackett Group

Institutional investors and hedge funds have recently modified their holdings of the company. Versant Capital Management Inc increased its position in shares of The Hackett Group by 353.1% during the fourth quarter. Versant Capital Management Inc now owns 947 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 738 shares during the period. Financial Management Professionals Inc. bought a new stake in shares of The Hackett Group during the third quarter valued at approximately $54,000. Quantbot Technologies LP increased its position in shares of The Hackett Group by 383.4% during the third quarter. Quantbot Technologies LP now owns 2,741 shares of the business services provider’s stock valued at $72,000 after purchasing an additional 2,174 shares during the period. Longboard Asset Management LP bought a new stake in shares of The Hackett Group during the fourth quarter valued at approximately $207,000. Finally, ProShare Advisors LLC bought a new stake in shares of The Hackett Group during the fourth quarter valued at approximately $219,000. 78.12% of the stock is currently owned by institutional investors.

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.