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

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.

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.

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.

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.

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

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.

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.

ETFs with the largest weight of The Hackett Group (NASDAQ:HCKT) stock in their portfolio include Schwab Ariel ESG ETF (SAEF), Roundhill Acquirers Deep Value ETF (DEEP), First Trust Dow Jones Select Microcap Index Fund (FDM), SPDR S&P Software & Services ETF (XSW), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Hartford Multifactor Small Cap ETF (ROSC), Royce Quant Small-Cap Quality Value ETF (SQLV) and SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).

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.

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.

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.

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).

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

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.

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.

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

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.

The company employs 1,175 workers across the globe.

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.