The Hackett Group (NASDAQ:HCKT) Issues Quarterly Earnings Results

The Hackett Group (NASDAQ:HCKT) posted 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 return on equity of 35.31% and a net margin of 11.05%. The Hackett Group updated its Q1 2025 guidance to 0.390-0.410 EPS.

The Hackett Group Price Performance

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

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Barrington Research restated an “outperform” rating and issued a $28.00 price target on shares of The Hackett Group in a research report on Tuesday, November 5th. Craig Hallum increased their target price on shares of The Hackett Group from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Finally, Roth Mkm lifted their price target on shares of The Hackett Group from $29.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, The Hackett Group currently has a consensus 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.