The Hackett Group (NASDAQ:HCKT) Announces Earnings Results

The Hackett Group (NASDAQ:HCKT) released its quarterly earnings data on Tuesday. The business services provider reported $0.35 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.06), Zacks reports. The Hackett Group had a net margin of 11.05% and a return on equity of 35.31%. The Hackett Group updated its Q1 2025 guidance to 0.390-0.410 EPS.

The Hackett Group Stock Down 1.0 %

NASDAQ HCKT traded down $0.32 during trading on Tuesday, hitting $31.62. The company’s stock had a trading volume of 152,875 shares, compared to its average volume of 85,060. The Hackett Group has a fifty-two week low of $20.23 and a fifty-two week high of $32.83. The company has a market cap of $872.40 million, a PE ratio of 25.92, a P/E/G ratio of 1.60 and a beta of 0.99. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.51 and a quick ratio of 1.51. The business’s 50 day simple moving average is $30.90 and its 200-day simple moving average is $28.46.

Analyst Upgrades and Downgrades

A number of research firms recently commented on HCKT. Roth Mkm boosted their target price on The Hackett Group from $29.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. Craig Hallum lifted their price target on The Hackett Group from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. Finally, Barrington Research restated an “outperform” rating and set a $28.00 price objective on shares of The Hackett Group in a research report on Tuesday, November 5th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $30.00.

About The Hackett Group

The Hackett Group, Inc operates as an intellectual property-based executive advisory, strategic consulting, and digital transformation company in the United States, Europe, and internationally. The company operates through three segments: Global Strategy & Business Transformation, Oracle Solutions, and SAP Solutions.