Barrington Research reissued their buy rating on shares of The Hackett Group (NASDAQ:HCKT) in a research note published on Tuesday, AnalystRatings.com reports. The brokerage currently has a $20.00 target price on the business services provider’s stock.
HCKT has been the subject of a number of other research reports. BidaskClub lowered shares of The Hackett Group from a buy rating to a hold rating in a report on Thursday, January 30th. Zacks Investment Research raised shares of The Hackett Group from a sell rating to a hold rating in a research note on Tuesday, January 7th. Finally, TheStreet raised shares of The Hackett Group from a c+ rating to a b- rating in a research note on Tuesday, January 28th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of $20.00.
Shares of HCKT opened at $15.62 on Tuesday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.06. The Hackett Group has a 12-month low of $14.53 and a 12-month high of $19.57. The firm has a 50-day moving average price of $16.20 and a 200 day moving average price of $16.13. The firm has a market capitalization of $472.07 million, a P/E ratio of 17.94, a P/E/G ratio of 1.29 and a beta of 0.61.
About The Hackett Group
The Hackett Group, Inc operates as a strategic advisory and technology consulting firm primarily in North America and European countries. Its executive advisory programs include best practice intelligence center, an online searchable repository of best practices, performance metrics, conference presentations, and associated research; best practice accelerators that provide Web-based access to best practices, customized software configuration tools, and best practice process flows; advisor inquiry, an inquiry service used by clients for access to fact-based advice on proven approaches and methods; best practice research, a 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.
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