The Hackett Group (NASDAQ:HCKT) Issues Quarterly Earnings Results, Misses Expectations By $0.06 EPS

The Hackett Group (NASDAQ:HCKT) released its quarterly earnings results on Tuesday. The business services provider reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.06), Zacks reports. The Hackett Group had a return on equity of 36.40% and a net margin of 9.44%. The business had revenue of $77.46 million during the quarter, compared to the consensus estimate of $75.64 million. The Hackett Group updated its Q1 2025 guidance to 0.390-0.410 EPS.

The Hackett Group Stock Performance

NASDAQ HCKT opened at $30.63 on Thursday. The stock has a market capitalization of $845.08 million, a price-to-earnings ratio of 29.74, a PEG ratio of 1.58 and a beta of 0.99. The Hackett Group has a twelve month low of $20.23 and a twelve month high of $34.02. 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 stock has a 50-day moving average of $30.86 and a 200 day moving average of $28.52.

The Hackett Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Friday, March 21st. This is a positive change from The Hackett Group’s previous quarterly dividend of $0.11. The Hackett Group’s dividend payout ratio is currently 41.51%.

Analyst Ratings Changes

HCKT has been the topic of several analyst reports. Craig Hallum lifted their target price on The Hackett Group from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, November 5th. StockNews.com upgraded The Hackett Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Barrington Research boosted their target price on The Hackett Group from $28.00 to $36.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, 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. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $32.67.

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.