The Hackett Group (HCKT) to Release Earnings on Tuesday

The Hackett Group (NASDAQ:HCKT) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. The Hackett Group has set its Q1 2024 guidance at 0.360-0.390 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

The Hackett Group (NASDAQ:HCKT) last released its quarterly earnings data on Tuesday, February 20th. The business services provider reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). The Hackett Group had a return on equity of 43.58% and a net margin of 11.52%. The company had revenue of $71.17 million for the quarter, compared to the consensus estimate of $69.65 million. On average, analysts expect The Hackett Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

The Hackett Group Trading Up 0.8 %

HCKT stock opened at $22.14 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.51 and a quick ratio of 1.51. The company has a fifty day moving average price of $23.60 and a two-hundred day moving average price of $23.06. The Hackett Group has a one year low of $17.18 and a one year high of $26.69. The stock has a market cap of $610.62 million, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 1.15 and a beta of 0.87.

The Hackett Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 5th. Shareholders of record on Friday, March 22nd were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.44 dividend on an annualized basis and a yield of 1.99%. The Hackett Group’s dividend payout ratio (DPR) is 35.48%.

Analyst Upgrades and Downgrades

A number of research firms have commented on HCKT. Craig Hallum raised shares of The Hackett Group from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Wednesday, February 21st. StockNews.com downgraded The Hackett Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 27th. Finally, Barrington Research reissued an “outperform” rating and set a $28.00 target price on shares of The Hackett Group in a report on Wednesday, February 21st.

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.