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

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$16.23 +0.04 (+0.25 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$16.23
Today's Range$16.16 - $16.38
52-Week Range$15.16 - $22.84
Volume67,207 shs
Average Volume125,694 shs
Market Capitalization$482.68 million
P/E Ratio15.31
Dividend Yield2.10%
Beta0.92
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, and shared services; and business transformation practices help clients to develop coordinated strategy for achieving performance enhancements across the enterprise. It also provides Oracle EEA solutions in the areas of core financial close and consolidation, integrated business planning, and reporting/advanced analytics. In addition, the company offers SAP Solutions, including planning, architecture, and vendor evaluation and selection through implementation, customization, testing, and integration; post-implementation support, change management, exception management, process transparency, system documentation, and end-user training; and 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 Hackett Group, Inc. was founded in 1991 and is headquartered in Miami, Florida.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$285.89 million
Cash Flow$1.3195 per share
Book Value$4.36 per share

Profitability

Net Income$23.91 million

Miscellaneous

Employees1,165
Market Cap$482.68 million
Next Earnings Date8/6/2019 (Estimated)
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 declared a semiannual dividend on Wednesday, May 8th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.18 per share on Wednesday, July 10th. This represents a dividend yield of 2.17%. The ex-dividend date is Thursday, June 27th. This is an increase from The Hackett Group's previous semiannual dividend of $0.17. View The Hackett Group's Dividend History.

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

The Hackett Group announced that its board has authorized a share repurchase 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 purchase up to 17% of its shares through open market purchases. Shares buyback plans are usually 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) released its quarterly earnings results on Tuesday, May, 7th. The business services provider reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. The business services provider earned $62.40 million during the quarter, compared to analyst estimates of $65.99 million. The Hackett Group had a net margin of 8.35% and a return on equity of 21.76%. The business's revenue was down 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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, August 6th 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 second quarter earnings guidance on Tuesday, May, 7th. The company provided earnings per share (EPS) guidance of $0.26-$0.28 for the period, compared to the Thomson Reuters consensus estimate of $0.26. The company issued revenue guidance of $72.5-$74.5 million, compared to the consensus revenue estimate of $71.94 million.

What price target have analysts set for HCKT?

4 analysts have issued 1-year price objectives for The Hackett Group's shares. Their forecasts range from $22.00 to $23.00. On average, they anticipate The Hackett Group's share price to reach $22.50 in the next year. This suggests a possible upside of 38.6% from the stock's current price. View Analyst Price Targets for The Hackett Group.

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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Hackett Group in the last year. There are currently 4 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. 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. " (4/24/2019)
  • 2. Barrington Research analysts commented, "We expect Hackett to report Q4/18 non‐GAAP EPS of $0.26, which is in line with the Factset consensus of $0.26. Our EPS forecast represents year‐over‐year and sequential declines of 2%." (2/15/2019)

Has The Hackett Group been receiving favorable news coverage?

Press coverage about HCKT stock has trended positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. The Hackett Group earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

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

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 AGNC Investment (AGNC), Immunomedics (IMMU), Sabre (SABR), Sabra Health Care REIT (SBRA), vTv Therapeutics (VTVT), CHIMERA INVT CO/SH NEW (CIM), New Residential Investment (NRZ), QEP Resources (QEP), Two Harbors Investment (TWO) and WPX Energy (WPX).

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 62)
  • Mr. David N. Dungan, Co-Founder, Vice Chairman & COO (Age 65)
  • Mr. Robert A. Ramirez, CFO & Exec. VP of Fin. (Age 53)
  • Mr. Frank A. Zomerfeld, Gen. Counsel & Sec.

Who are The Hackett Group's major shareholders?

The Hackett Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (7.75%), BlackRock Inc. (7.23%), Dimensional Fund Advisors LP (5.86%), Trigran Investments Inc. (5.45%), Hosking Partners LLP (4.02%) and Wasatch Advisors Inc. (3.66%). View Institutional Ownership Trends for The Hackett Group.

Which institutional investors are selling The Hackett Group stock?

HCKT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, LSV Asset Management, Morgan Stanley, Opus Capital Group LLC, Boston Partners, THB Asset Management, BlackRock Inc. and Wells Fargo & Company MN. View Insider Buying and Selling for The Hackett Group.

Which institutional investors are buying The Hackett Group stock?

HCKT stock was acquired by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Foundry Partners LLC, Cadence Capital Management LLC, Crawford Investment Counsel Inc., IndexIQ Advisors LLC, Cornercap Investment Counsel Inc., Geode Capital Management LLC and Assenagon Asset Management S.A.. 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 $16.23.

How big of a company is The Hackett Group?

The Hackett Group has a market capitalization of $482.68 million and generates $285.89 million in revenue each year. The business services provider earns $23.91 million in net income (profit) each year or $1.06 on an earnings per share basis. The Hackett Group employs 1,165 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:  193 (Vote Outperform)
Underperform Votes:  189 (Vote Underperform)
Total Votes:  382
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 5/25/2019 by MarketBeat.com Staff

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