The Hackett Group (NASDAQ:HCKT) Share Price Breaks Above 200 Day Moving Average - Should You Sell?

Key Points

• HCKT shares rose 5.1%, trading as high as $12.67 and breaking above the 200-day moving average of $11.13.
• Analyst sentiment remains mixed: ratings include one Buy, one Hold and one Sell, resulting in a consensus Hold rating and an average price target of $16.50.
• The Hackett Group reported quarterly EPS in line with estimates at $0.34 and revenue slightly above forecasts, while maintaining a quarterly dividend of $0.12 per share, equivalent to a 3.8% yield.

The Hackett Group, Inc. (NASDAQ:HCKT - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $11.13 and traded as high as $12.67. The Hackett Group shares last traded at $12.64, with a volume of 329,494 shares changing hands.

Wall Street Analyst Weigh In

HCKT has been the topic of a number of recent analyst reports. Zacks Research upgraded The Hackett Group from a "strong sell" rating to a "hold" rating in a report on Monday, October 5th. Wall Street Zen raised The Hackett Group from a "hold" rating to a "buy" rating in a research note on Saturday, September 5th. Finally, Weiss Ratings reaffirmed a "sell (d+)" rating on shares of The Hackett Group in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $16.50.

The Hackett Group Stock Up 5.1%

The firm has a fifty day simple moving average of $10.96 and a 200-day simple moving average of $11.13. The company has a market capitalization of $314.48 million, a P/E ratio of 19.45, a P/E/G ratio of 1.03 and a beta of 0.96. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 1.19.

The Hackett Group (NASDAQ:HCKT - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The business services provider reported $0.34 EPS for the quarter, hitting analysts' consensus estimates of $0.34. The Hackett Group had a return on equity of 34.77% and a net margin of 5.86%. The company had revenue of $69.33 million for the quarter, compared to analyst estimates of $68.80 million. The Hackett Group has set its Q3 2026 guidance at 0.370-0.390 EPS. On average, equities research analysts expect that The Hackett Group, Inc. will post 1.17 EPS for the current fiscal year.

The Hackett Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 18th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.8%. The ex-dividend date was Friday, September 18th. The Hackett Group's dividend payout ratio (DPR) is 73.85%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HCKT. Versant Capital Management Inc raised its holdings in shares of The Hackett Group by 58.8% in the third quarter. Versant Capital Management Inc now owns 3,874 shares of the business services provider's stock valued at $39,000 after purchasing an additional 1,435 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in The Hackett Group by 138.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,554 shares of the business services provider's stock valued at $46,000 after buying an additional 2,062 shares during the last quarter. Copeland Capital Management LLC increased its stake in The Hackett Group by 49.6% in the 3rd quarter. Copeland Capital Management LLC now owns 8,458 shares of the business services provider's stock valued at $85,000 after buying an additional 2,805 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in The Hackett Group by 53,500.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,216 shares of the business services provider's stock worth $63,000 after buying an additional 3,210 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in The Hackett Group by 4.5% during the 1st quarter. Bank of New York Mellon Corp now owns 89,129 shares of the business services provider's stock worth $1,160,000 after buying an additional 3,866 shares in the last quarter. Institutional investors and hedge funds own 78.12% of the company's stock.

The Hackett Group Company Profile

The Hackett Group, Inc is a global business and technology consulting firm that helps organizations improve performance, streamline operations and execute large-scale transformation initiatives. The company serves executives and business functions including finance, procurement, human resources, information technology, supply chain and enterprise performance management.

Its offerings include benchmarking and performance studies, executive advisory services, technology consulting, enterprise transformation and implementation support.

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