NASDAQ:HCKT - The Hackett Group Stock Price, News, & Analysis

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$16.77 -0.17 (-1.00 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$16.77
Today's Range$16.75 - $17.08
52-Week Range$15.03 - $22.84
Volume41,456 shs
Average Volume74,779 shs
Market Capitalization$500.04 million
P/E Ratio22.07
Dividend Yield2.01%
Beta0.95
The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in North America and European countries. Its executive advisory programs include best practice intelligence center, an online searchable repository of best practices, performance metrics, conference presentations, and associated research; best practice accelerators that provide Web based access to best practices, customized software configuration tools, and best practice process flows; advisor inquiry, an inquiry service used by clients for access to fact-based advice on proven approaches and methods; best practice research, a research that provides insights into the proven approaches; and peer interaction comprising member-led Webcasts, annual best practice conferences, annual member forums, membership performance surveys, and client-submitted content. The company's benchmarking services conduct studies in the areas of selling, general and administrative, finance, human resources, information technology, procurement, enterprise performance management, shared service centers, and working capital management. Its business transformation programs help clients to develop coordinated strategy for achieving performance enhancements across the enterprise; ERP, enterprise performance management, and analytic solutions help clients in enhancing the value of their investments in enterprise software and business analytics; and SAP Solutions, including planning, architecture, and vendor evaluation and selection through implementation, customization, testing, and integration, as well as off-shore application development, and application maintenance and support services. The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in 2008. The company was founded in 1991 and is headquartered in Miami, Florida.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Management consulting services
Sub-IndustryIT Consulting & Other Services
SectorBusiness Services
Current SymbolNASDAQ:HCKT
Previous Symbol
CUSIP40460910
Phone305-375-8005

Debt

Debt-to-Equity Ratio0.09
Current Ratio1.88
Quick Ratio1.88

Price-To-Earnings

Trailing P/E Ratio22.07
Forward P/E Ratio19.28
P/E Growth1.3

Sales & Book Value

Annual Sales$285.86 million
Price / Sales1.73
Cash Flow$1.00 per share
Price / Cash Flow16.77
Book Value$3.74 per share
Price / Book4.48

Profitability

EPS (Most Recent Fiscal Year)$0.76
Net Income$27.35 million
Net Margins11.48%
Return on Equity22.48%
Return on Assets14.18%

Miscellaneous

Employees1,123
Outstanding Shares29,520,000
Market Cap$500.04 million
OptionableOptionable

The Hackett Group (NASDAQ:HCKT) Frequently Asked Questions

What is The Hackett Group's stock symbol?

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

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

The Hackett Group announced a semiannual dividend on Wednesday, November 7th. Stockholders of record on Friday, December 21st will be paid a dividend of $0.17 per share on Friday, January 4th. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, December 20th. This is an increase from The Hackett Group's previous semiannual dividend of $0.15. View The Hackett Group's Dividend History.

How will The Hackett Group's stock buyback program work?

The Hackett Group declared that its board has authorized a stock buyback plan on Wednesday, August 9th 2017, which permits the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 17% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board of directors believes its stock is undervalued.

How were The Hackett Group's earnings last quarter?

The Hackett Group, Inc. (NASDAQ:HCKT) posted its earnings results on Tuesday, November, 6th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.27 by $0.06. The business services provider had revenue of $73.84 million for the quarter, compared to the consensus estimate of $73.70 million. The Hackett Group had a return on equity of 22.48% and a net margin of 11.48%. The company's quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.26 EPS. View The Hackett Group's Earnings History.

When is The Hackett Group's next earnings date?

The Hackett Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for The Hackett Group.

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

The Hackett Group issued an update on its fourth quarter earnings guidance on Tuesday, November, 6th. The company provided earnings per share (EPS) guidance of $0.25-0.27 for the period, compared to the Thomson Reuters consensus estimate of $0.28. The company issued revenue guidance of $66.5-68.5 million, compared to the consensus revenue estimate of $72.93 million.The Hackett Group also updated its Q4 2018 guidance to $0.25-0.27 EPS.

What price target have analysts set for HCKT?

2 brokers have issued 1-year target prices for The Hackett Group's stock. Their predictions range from $23.00 to $23.00. On average, they expect The Hackett Group's share price to reach $23.00 in the next year. This suggests a possible upside of 37.1% from the stock's current price. View Analyst Price Targets for The Hackett Group.

What is the consensus analysts' recommendation for The Hackett Group?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Hackett Group in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for The Hackett Group.

What are Wall Street analysts saying about The Hackett Group stock?

Here are some recent quotes from research analysts about The Hackett Group stock:
  • 1. Barrington Research analysts commented, "We expect continued improvement in the company’s Oracle (ORCL: NOT RATED) business in the second half of 2018, which should have a meaningful impact on overall growth. Following a 5% year-over-year decline in Oracle- related revenue in Q2/18, we expect a flat comparison in Q3/18 and growth in Q4/18. We are confident in continued improvement due to a healthy pipeline and the company’s ability to use benchmarking data to improve the value of new software investments. The company has several large Oracle deals, in the $5-10 million range, in its pipeline." (8/17/2018)
  • 2. According to Zacks Investment Research, "The Hackett Group, a global strategic advisory firm and an Answerthink company, is a leader in best practice research and advisory programs, benchmarking and transformation consulting services, including shared services, offshoring and outsourcing advice. Utilizing best practices and implementation insight from more than 4,000 benchmarking studies, executives use Hackett's empirically based approach to quickly define and prioritize initiatives, and to leverage proven strategies that enable world-class performance. " (8/14/2018)

Has The Hackett Group been receiving favorable news coverage?

Media headlines about HCKT stock have been trending somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. The Hackett Group earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the near term.

Who are some of The Hackett Group's key competitors?

Who are The Hackett Group's key executives?

The Hackett Group's management team includes the folowing people:
  • Mr. Ted A. Fernandez, Co-Founder, Chairman & CEO (Age 61)
  • Mr. David N. Dungan, Co-Founder, Vice Chairman & COO (Age 64)
  • Mr. Robert A. Ramirez, CFO & Exec. VP of Fin. (Age 52)
  • Mr. Frank A. Zomerfeld, Gen. Counsel & Sec.
  • Jeffrey D. Goldstein, Member of Exec. Advisory Council

Who are The Hackett Group's major shareholders?

The Hackett Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.07%), Dimensional Fund Advisors LP (5.87%), FMR LLC (5.49%), Vanguard Group Inc. (4.74%), Vanguard Group Inc (4.74%) and Renaissance Technologies LLC (3.75%). View Institutional Ownership Trends for The Hackett Group.

Which major investors are selling The Hackett Group stock?

HCKT stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Citadel Advisors LLC, JPMorgan Chase & Co., Prudential Financial Inc., ClariVest Asset Management LLC, Nordea Investment Management AB, Thomson Horstmann & Bryant Inc. and Bahl & Gaynor Inc.. View Insider Buying and Selling for The Hackett Group.

Which major investors are buying The Hackett Group stock?

HCKT stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Assenagon Asset Management S.A., Russell Investments Group Ltd., Rhumbline Advisers, Wells Fargo & Company MN, Renaissance Technologies LLC, Vanguard Group Inc and Vanguard Group Inc.. View Insider Buying and Selling for The Hackett Group.

How do I buy shares of The Hackett Group?

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

What is The Hackett Group's stock price today?

One share of HCKT stock can currently be purchased for approximately $16.77.

How big of a company is The Hackett Group?

The Hackett Group has a market capitalization of $500.04 million and generates $285.86 million in revenue each year. The business services provider earns $27.35 million in net income (profit) each year or $0.76 on an earnings per share basis. The Hackett Group employs 1,123 workers across the globe.

What is The Hackett Group's official website?

The official website for The Hackett Group is http://www.thehackettgroup.com.

How can I contact The Hackett Group?

The Hackett Group's mailing address is 1001 BRICKELL BAY DRIVE SUITE 3000, MIAMI FL, 33131. The business services provider can be reached via phone at 305-375-8005.


MarketBeat Community Rating for The Hackett Group (NASDAQ HCKT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  173 (Vote Outperform)
Underperform Votes:  175 (Vote Underperform)
Total Votes:  348
MarketBeat's community ratings are surveys of what our community members think about The Hackett Group and other stocks. Vote "Outperform" if you believe HCKT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HCKT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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