The Hackett Group (HCKT) Set to Announce Earnings on Tuesday

The Hackett Group (NASDAQ:HCKTGet Free Report) is scheduled to be releasing its earnings data after the market closes on Tuesday, February 20th. Analysts expect The Hackett Group to post earnings of $0.37 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

The Hackett Group Stock Up 3.1 %

NASDAQ:HCKT opened at $24.08 on Tuesday. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.54. The Hackett Group has a twelve month low of $17.10 and a twelve month high of $24.82. The stock’s 50 day moving average price is $22.82 and its two-hundred day moving average price is $23.03. The firm has a market capitalization of $655.94 million, a price-to-earnings ratio of 18.96, a price-to-earnings-growth ratio of 1.24 and a beta of 0.82.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded The Hackett Group from a “strong-buy” rating to a “buy” rating in a research note on Friday.

Check Out Our Latest Report on The Hackett Group

Hedge Funds Weigh In On The Hackett Group

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Advisor Group Holdings Inc. grew its position in shares of The Hackett Group by 22.4% in the 1st quarter. Advisor Group Holdings Inc. now owns 4,310 shares of the business services provider’s stock valued at $99,000 after buying an additional 790 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of The Hackett Group by 4.1% in the first quarter. Bank of New York Mellon Corp now owns 361,399 shares of the business services provider’s stock worth $8,334,000 after purchasing an additional 14,139 shares during the last quarter. MetLife Investment Management LLC raised its stake in shares of The Hackett Group by 52.4% in the first quarter. MetLife Investment Management LLC now owns 14,500 shares of the business services provider’s stock worth $334,000 after purchasing an additional 4,985 shares during the last quarter. BlackRock Inc. raised its stake in shares of The Hackett Group by 0.7% in the first quarter. BlackRock Inc. now owns 1,941,457 shares of the business services provider’s stock worth $44,770,000 after purchasing an additional 14,206 shares during the last quarter. Finally, Sei Investments Co. increased its position in shares of The Hackett Group by 55.6% during the first quarter. Sei Investments Co. now owns 130,322 shares of the business services provider’s stock valued at $2,979,000 after acquiring an additional 46,579 shares during the last quarter. Institutional investors and hedge funds own 81.69% of the company’s stock.

The Hackett Group Company Profile

(Get Free Report)

The Hackett Group, Inc operates as a strategic advisory and technology consulting firm primarily in the United States, Europe, and internationally. The company operates through three segments: Global Strategy & Business Transformation, Oracle Solutions, and SAP Solutions. It offers Hackett Connect, an online searchable repository; best practice accelerators that provide web-based access to best practices, customized software configuration tools, and best practice process flows; advisor inquiry for access to fact-based advice on proven approaches and methods; best practice research that provides insights into the proven approaches; and peer interaction comprising member-led webcasts, annual best practice conferences, annual member forums, membership performance surveys, and client-submitted content, as well as intellectual property as-a-service and Hackett Institute programs.

Further Reading

Earnings History for The Hackett Group (NASDAQ:HCKT)

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