The Hackett Group (HCKT) Set to Announce Quarterly Earnings on Monday

The Hackett Group (NASDAQ:HCKT) is set to post its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect The Hackett Group to post earnings of $0.33 per share for the quarter. The Hackett Group has set its Q3 2024 guidance at 0.390-0.410 EPS.Investors interested in participating in the company’s conference call can do so using this link.

The Hackett Group (NASDAQ:HCKT) last issued its quarterly earnings results on Tuesday, August 6th. The business services provider reported $0.31 EPS for the quarter, meeting analysts’ consensus estimates of $0.31. The company had revenue of $75.90 million for the quarter, compared to analyst estimates of $74.16 million. The Hackett Group had a return on equity of 38.20% and a net margin of 11.46%. On average, analysts expect The Hackett Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

The Hackett Group Stock Down 1.2 %

NASDAQ:HCKT opened at $24.57 on Monday. The stock has a 50-day simple moving average of $25.81 and a 200 day simple moving average of $23.87. The Hackett Group has a 52-week low of $20.23 and a 52-week high of $27.68. The company has a market cap of $678.48 million, a PE ratio of 19.50, a PEG ratio of 1.42 and a beta of 0.91. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.71 and a current ratio of 1.71.

The Hackett Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 20th were paid a dividend of $0.11 per share. The ex-dividend date was Friday, September 20th. This represents a $0.44 annualized dividend and a dividend yield of 1.79%. The Hackett Group’s dividend payout ratio is currently 34.92%.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Roth Capital cut shares of The Hackett Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 7th. Barrington Research reiterated an “outperform” rating and set a $28.00 target price on shares of The Hackett Group in a research note on Wednesday, September 25th.

About The Hackett Group

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.