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With oil prices slumping, OPEC+ producers weigh more production cuts
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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
BREAKING: Tiny biotech successfully treats blindness (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
BREAKING: Tiny biotech successfully treats blindness (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Stop Trading Like A Turtle (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
BREAKING: Tiny biotech successfully treats blindness (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
BREAKING: Tiny biotech successfully treats blindness (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Stop Trading Like A Turtle (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
BREAKING: Tiny biotech successfully treats blindness (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
BREAKING: Tiny biotech successfully treats blindness (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
Stop Trading Like A Turtle (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NASDAQ:HCKT

The Hackett Group (HCKT) Stock Forecast, Price & News

$19.75
+0.39 (+2.01%)
(As of 06/2/2023 ET)
Compare
Today's Range
$19.45
$19.78
50-Day Range
$17.75
$19.96
52-Week Range
$17.10
$23.42
Volume
127,440 shs
Average Volume
171,827 shs
Market Capitalization
$537.00 million
P/E Ratio
15.80
Dividend Yield
2.23%
Price Target
$24.50

The Hackett Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
24.1% Upside
$24.50 Price Target
Short Interest
Bearish
3.89% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.89mentions of The Hackett Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.20 out of 5 stars

Business Services Sector

166th out of 337 stocks

Management Consulting Services Industry

13th out of 15 stocks


HCKT stock logo

About The Hackett Group (NASDAQ:HCKT) Stock

The Hackett Group, Inc. engages in the provision of business and technology consulting services. The firm's services include benchmarking, executive advisory, business transformation, enterprise performance management, training and advisory to global business services. It also produces digital transformation including robotic process automation and enterprise cloud application implementation. The company was founded by Ted A. Fernandez and David N. Dungan in 1991 and is headquartered in Miami, FL.

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HCKT Stock News Headlines

How A.I. Could Make Most 21st Century Diseases EXTINCT
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
Hackett Group (HCKT) Matches Q1 Earnings Estimates
How A.I. Could Make Most 21st Century Diseases EXTINCT
On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...
The Hackett Group: A Future 'Cannibal' Stock?
Hackett Group (NASDAQ:HCKT) Will Pay A Dividend Of $0.11
See More Headlines

HCKT Price History

HCKT Company Calendar

Last Earnings
2/21/2023
Ex-Dividend for 4/7 Dividend
3/23/2023
Dividend Payable
4/07/2023
Today
6/03/2023
Ex-Dividend for 7/7 Dividend
6/22/2023
Dividend Payable
7/07/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Management consulting services
Sub-Industry
IT Consulting & Other Services
Current Symbol
NASDAQ:HCKT
CUSIP
40460910
Employees
1,175
Year Founded
1991

Price Target and Rating

Average Stock Price Forecast
$24.50
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+24.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$40.80 million
Pretax Margin
18.01%

Debt

Sales & Book Value

Annual Sales
$293.74 million
Cash Flow
$1.33 per share
Book Value
$2.33 per share

Miscellaneous

Free Float
23,002,000
Market Cap
$537.00 million
Optionable
Optionable
Beta
0.85

Social Links


Key Executives

  • Ted A. Fernandez
    Chairman & Chief Executive Officer
  • David N. Dungan
    Vice Chairman & Chief Operating Officer
  • Roberto A. Ramirez
    Chief Financial Officer & Executive VP-Finance
  • Frank A. Zomerfeld
    Secretary & General Counsel













HCKT Stock - Frequently Asked Questions

Should I buy or sell The Hackett Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Hackett Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" HCKT shares.
View HCKT analyst ratings
or view top-rated stocks.

What is The Hackett Group's stock price forecast for 2023?

2 brokerages have issued twelve-month target prices for The Hackett Group's shares. Their HCKT share price forecasts range from $24.00 to $25.00. On average, they predict the company's share price to reach $24.50 in the next year. This suggests a possible upside of 24.1% from the stock's current price.
View analysts price targets for HCKT
or view top-rated stocks among Wall Street analysts.

How have HCKT shares performed in 2023?

The Hackett Group's stock was trading at $20.37 at the beginning of 2023. Since then, HCKT shares have decreased by 3.0% and is now trading at $19.75.
View the best growth stocks for 2023 here
.

Are investors shorting The Hackett Group?

The Hackett Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 894,800 shares, an increase of 8.6% from the April 30th total of 824,300 shares. Based on an average daily trading volume, of 173,600 shares, the days-to-cover ratio is presently 5.2 days. Currently, 3.9% of the company's shares are short sold.
View The Hackett Group's Short Interest
.

When is The Hackett Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our HCKT earnings forecast
.

How were The Hackett Group's earnings last quarter?

The Hackett Group, Inc. (NASDAQ:HCKT) announced its earnings results on Tuesday, February, 21st. The business services provider reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.28 by $0.01. The business services provider had revenue of $70.12 million for the quarter, compared to the consensus estimate of $67.05 million. The Hackett Group had a net margin of 13.29% and a trailing twelve-month return on equity of 32.61%. During the same period last year, the company earned $0.26 EPS.

How often does The Hackett Group pay dividends? What is the dividend yield for The Hackett Group?

The Hackett Group declared a quarterly dividend on Thursday, May 4th. Shareholders of record on Friday, June 23rd will be given a dividend of $0.11 per share on Friday, July 7th. This represents a $0.44 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend is Thursday, June 22nd.
Read our dividend analysis for HCKT
.

Is The Hackett Group a good dividend stock?

The Hackett Group (NASDAQ:HCKT) pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.27%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.20%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HCKT.

What guidance has The Hackett Group issued on next quarter's earnings?

The Hackett Group issued an update on its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of $0.36-$0.39 for the period, compared to the consensus EPS estimate of $0.39. The company issued revenue guidance of $72.50 million-$74.00 million, compared to the consensus revenue estimate of $73.00 million.

What is Ted A. Fernandez's approval rating as The Hackett Group's CEO?

302 employees have rated The Hackett Group Chief Executive Officer Ted A. Fernandez on Glassdoor.com. Ted A. Fernandez has an approval rating of 86% among the company's employees. 81.0% of employees surveyed would recommend working at The Hackett Group to a friend.

What other stocks do shareholders of The Hackett Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Hackett Group investors own include Home Depot (HD), CVS Health (CVS), Verizon Communications (VZ), Raytheon Technologies (RTX), Cisco Systems (CSCO), Walt Disney (DIS), Johnson & Johnson (JNJ), Procter & Gamble (PG) and AT&T (T).

What is The Hackett Group's stock symbol?

The Hackett Group trades on the NASDAQ under the ticker symbol "HCKT."

Who are The Hackett Group's major shareholders?

The Hackett Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.70%), Trigran Investments Inc. (6.81%), Royce & Associates LP (5.23%), Dimensional Fund Advisors LP (4.31%), Renaissance Technologies LLC (4.07%) and Bank of America Corp DE (3.24%).
View institutional ownership trends
.

How do I buy shares of The Hackett Group?

Shares of HCKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is The Hackett Group's stock price today?

One share of HCKT stock can currently be purchased for approximately $19.75.

How much money does The Hackett Group make?

The Hackett Group (NASDAQ:HCKT) has a market capitalization of $537.00 million and generates $293.74 million in revenue each year. The business services provider earns $40.80 million in net income (profit) each year or $1.25 on an earnings per share basis.

How many employees does The Hackett Group have?

The company employs 1,175 workers across the globe.

Does The Hackett Group have any subsidiaries?
The following companies are subsidiares of The Hackett Group: Active Interest, Aecus, Aecus Limited, Aecus Limited, Archstone Acquisition Corp., Archstone Consulting LLC, Beacon Analytics, DELPHI PARTNERS, EZCommerce Global Solutions, Group Cortex, HACKETT GROUP, Hackett Group (India) Ltd., INFINITY CONSULTING GROUP, Jibe Acquisition Sub. Inc., Jibe Consulting Inc, LEGACY TECHNOLOGY, QUINTUS CORPORATION'S CALL CENTER ENTERPRISES UNIT, REL Consultancy Group Limited, REL Consultancy Group SL, REL Consultancy PTE Limited, RELATIONAL TECHNOLOGIES, Resource Evaluation Inc., Resource Evaluation SAS, TRISPAN, Technolab International Corp, Technolab US Acquisition Sub. Inc., Ternul Corporation S.A., The Chartered Institute of Management Accountants, The Hackett Group (Schweiz) AG, The Hackett Group Australia Pty. Ltd., The Hackett Group BV, The Hackett Group Canada Inc., The Hackett Group GmbH, The Hackett Group Inc., and The Hackett Group Limited.
Read More
How can I contact The Hackett Group?

The Hackett Group's mailing address is 1001 BRICKELL BAY DRIVE SUITE 3000, MIAMI FL, 33131. The official website for the company is www.thehackettgroup.com. The business services provider can be reached via phone at (305) 375-8005 or via fax at 305-379-8810.

This page (NASDAQ:HCKT) was last updated on 6/4/2023 by MarketBeat.com Staff

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