Roth Capital Analysts Decrease Earnings Estimates for HCKT

The Hackett Group, Inc. (NASDAQ:HCKT) – Analysts at Roth Capital lowered their Q1 2025 earnings per share (EPS) estimates for shares of The Hackett Group in a note issued to investors on Wednesday, February 19th. Roth Capital analyst J. Martin now expects that the business services provider will post earnings of $0.32 per share 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 earnings results 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 business had revenue of $77.46 million during the quarter, compared to analysts’ expectations of $75.64 million. The Hackett Group had a return on equity of 36.40% and a net margin of 9.44%.

HCKT has been the subject of a number of other reports. Roth Mkm boosted their price target on The Hackett Group from $29.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, November 5th. Barrington Research boosted their price target 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. StockNews.com upgraded The Hackett Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 19th. Finally, Craig Hallum boosted their price target 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. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $32.67.

The Hackett Group Trading Up 0.1 %

The Hackett Group stock opened at $30.21 on Monday. The business has a 50-day simple moving average of $30.77 and a two-hundred day simple moving average of $28.64. The company has a market cap of $833.58 million, a P/E ratio of 28.50, a P/E/G ratio of 1.53 and a beta of 0.99. The Hackett Group has a 52-week low of $20.23 and a 52-week high of $34.02. 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 Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be paid a dividend of $0.12 per share. 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 payout ratio is 45.28%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of The Hackett Group by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 2,186,611 shares of the business services provider’s stock valued at $67,173,000 after acquiring an additional 16,682 shares during the period. Geode Capital Management LLC boosted its stake in The Hackett Group by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 716,072 shares of the business services provider’s stock worth $22,002,000 after purchasing an additional 15,819 shares during the period. State Street Corp boosted its stake in The Hackett Group by 4.1% in the 3rd quarter. State Street Corp now owns 641,783 shares of the business services provider’s stock worth $16,927,000 after purchasing an additional 25,249 shares during the period. Boston Partners boosted its stake in The Hackett Group by 2.9% in the 4th quarter. Boston Partners now owns 525,435 shares of the business services provider’s stock worth $16,086,000 after purchasing an additional 14,676 shares during the period. Finally, Wellington Management Group LLP boosted its stake in The Hackett Group by 5.2% in the 4th quarter. Wellington Management Group LLP now owns 393,291 shares of the business services provider’s stock worth $12,082,000 after purchasing an additional 19,300 shares during the period. 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.