The Hackett Group, Inc. (NASDAQ:HCKT) Stock to Pay Quarterly Dividend of $0.12

Key Points

• The Hackett Group declared a quarterly dividend of $0.12 per share, or $0.48 annualized, representing a reported 3.7% yield. It is payable January 8 to shareholders of record December 24.
• The dividend appears well covered: the current payout ratio is 26.2%, and analysts expect next year’s earnings to cover the annual dividend at a projected 36.4% payout ratio.
• Quarterly EPS of $0.39 and revenue of $69.79 million exceeded analyst estimates, but Q4 revenue guidance of $68 million–$70 million points to limited near-term growth, with the company also citing an AI-platform transition.

The Hackett Group, Inc. (NASDAQ:HCKT - Get Free Report) declared a quarterly dividend on Tuesday, November 3rd. Investors of record on Thursday, December 24th will be paid a dividend of $0.12 per share by the business services provider on Friday, January 8th. This represents a $0.48 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, December 24th.

The Hackett Group has raised its dividend by an average of 0.1% per year over the last three years and has raised its dividend annually for the last 1 consecutive years. The Hackett Group has a dividend payout ratio of 26.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect The Hackett Group to earn $1.32 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 36.4%.

The Hackett Group Stock Performance

NASDAQ:HCKT opened at $13.04 on Wednesday. The firm's 50-day moving average is $11.24 and its 200-day moving average is $12.29. The company has a market cap of $324.44 million, a price-to-earnings ratio of 13.07, a PEG ratio of 1.13 and a beta of 0.89. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.94 and a current ratio of 1.94. The Hackett Group has a 52-week low of $9.15 and a 52-week high of $20.68.

The Hackett Group (NASDAQ:HCKT - Get Free Report) last posted its quarterly earnings results on Tuesday, November 3rd. The business services provider reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.02. The Hackett Group had a net margin of 5.86% and a return on equity of 34.77%. The firm had revenue of $69.79 million for the quarter, compared to the consensus estimate of $68.67 million. Equities research analysts anticipate that The Hackett Group will post 1.17 earnings per share for the current year.

The Hackett Group News Summary

Here are the key news stories impacting The Hackett Group this week:

• Positive Sentiment: Q3 adjusted earnings were $0.39 per share, ahead of the $0.37 consensus estimate and up from $0.37 a year earlier. Revenue of $69.79 million also topped estimates of $68.67 million. Read More.
• Positive Sentiment: HCKT declared a quarterly dividend of $0.12 per share, equivalent to $0.48 annually and a reported 3.7% yield. Payment is scheduled for January 8 to shareholders of record December 24.
• Negative Sentiment: Despite the earnings beat, coverage highlighted a year-over-year revenue dip. Q4 revenue guidance of $68 million–$70 million suggests little near-term growth from Q3’s $69.79 million; the company also projected an adjusted gross margin of about 48.5% as it transitions its AI platform. These sales and transition concerns may temper the positive earnings news. Read More.

The Hackett Group Company Profile

The Hackett Group, Inc is a global business and technology consulting firm that helps organizations improve performance, transform operations and adopt digital technologies. Its services are informed by proprietary research, benchmarking data and best-practice insights across major corporate functions.

The company advises clients on finance, human resources, procurement, information technology, supply chain management and other enterprise operations. Its offerings include benchmarking and performance studies, business transformation programs, enterprise performance management, technology consulting and implementation services.

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