The Hackett Group (HCKT) to Release Earnings on Tuesday

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

The Hackett Group (NASDAQ:HCKT) last released its earnings results on Tuesday, February 20th. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates 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 Price Performance

HCKT opened at $22.12 on Tuesday. The company’s 50 day simple moving average is $23.78 and its 200 day simple moving average is $23.08. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.51 and a current ratio of 1.51. The Hackett Group has a 1 year low of $17.18 and a 1 year high of $26.69. The stock has a market capitalization of $610.07 million, a PE ratio of 17.84, a P/E/G ratio of 1.15 and a beta of 0.84.

The Hackett Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Friday, March 22nd were given a $0.11 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.44 annualized dividend and a dividend yield of 1.99%. The Hackett Group’s dividend payout ratio is presently 35.48%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on HCKT shares. Barrington Research reissued an “outperform” rating and issued a $28.00 target price on shares of The Hackett Group in a research report on Wednesday, February 21st. StockNews.com cut shares of The Hackett Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 27th. Finally, Craig Hallum raised shares of The Hackett Group from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research 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.