Roth Capital Analysts Reduce Earnings Estimates for HCKT

The Hackett Group, Inc. (NASDAQ:HCKT) – Equities research analysts at Roth Capital decreased their Q1 2025 earnings per share (EPS) estimates for The Hackett Group in a note issued to investors on Wednesday, February 19th. Roth Capital analyst J. Martin now forecasts that the business services provider will post earnings per share of $0.32 for the quarter, down from their previous forecast of $0.34. The consensus estimate for The Hackett Group’s current full-year earnings is $1.43 per share.

The Hackett Group (NASDAQ:HCKT) last issued its quarterly earnings results on Tuesday, February 18th. The business services provider reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.06). The business had revenue of $77.46 million for the quarter, compared to analyst estimates of $75.64 million. The Hackett Group had a net margin of 9.44% and a return on equity of 36.40%.

A number of other research analysts have also issued reports on HCKT. Roth Mkm lifted their target price on The Hackett Group from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Craig Hallum lifted their target price on The Hackett Group from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, November 5th. Barrington Research lifted their target price on The Hackett Group from $28.00 to $36.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, StockNews.com raised The Hackett Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 19th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, The Hackett Group has an average rating of “Buy” and an average target price of $32.67.

The Hackett Group Price Performance

NASDAQ:HCKT opened at $30.18 on Monday. The business’s 50-day moving average price is $30.80 and its 200 day moving average price is $28.61. The firm has a market cap of $832.76 million, a P/E ratio of 28.47, a PEG ratio of 1.53 and a beta of 0.99. The Hackett Group has a 52-week low of $20.23 and a 52-week high of $34.02. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.18.

Institutional Investors Weigh In On The Hackett Group

A number of institutional investors have recently bought and sold shares of HCKT. Harbor Capital Advisors Inc. boosted its position in The Hackett Group by 150.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 251,489 shares of the business services provider’s stock worth $6,607,000 after acquiring an additional 150,962 shares during the period. Hotchkis & Wiley Capital Management LLC acquired a new stake in The Hackett Group during the 3rd quarter worth about $3,256,000. Dean Investment Associates LLC boosted its position in The Hackett Group by 57.2% during the 3rd quarter. Dean Investment Associates LLC now owns 165,647 shares of the business services provider’s stock worth $4,352,000 after acquiring an additional 60,307 shares during the period. JPMorgan Chase & Co. boosted its position in The Hackett Group by 56.2% during the 4th quarter. JPMorgan Chase & Co. now owns 154,492 shares of the business services provider’s stock worth $4,746,000 after acquiring an additional 55,608 shares during the period. Finally, Pinnacle Associates Ltd. boosted its position in The Hackett Group by 47.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 136,674 shares of the business services provider’s stock worth $3,590,000 after acquiring an additional 43,775 shares during the period. 78.12% of the stock is currently owned by institutional investors and hedge funds.

The Hackett Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, March 21st will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $0.48 dividend on an annualized basis and a yield of 1.59%. This is a boost from The Hackett Group’s previous quarterly dividend of $0.11. The Hackett Group’s dividend payout ratio (DPR) is currently 45.28%.

The Hackett Group Company Profile

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.