$0.26 EPS Expected for The Hackett Group, Inc. (HCKT) This Quarter

Equities research analysts expect The Hackett Group, Inc. (NASDAQ:HCKT) to post $0.26 earnings per share for the current quarter, Zacks reports. Five analysts have made estimates for The Hackett Group’s earnings, with estimates ranging from $0.25 to $0.26. The Hackett Group also posted earnings per share of $0.26 in the same quarter last year. The business is scheduled to issue its next quarterly earnings report after the market closes on Tuesday, February 20th.

On average, analysts expect that The Hackett Group will report full year earnings of $0.99 per share for the current year, with EPS estimates ranging from $0.98 to $1.00. For the next financial year, analysts forecast that the company will post earnings of $1.09 per share, with EPS estimates ranging from $1.07 to $1.12. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for The Hackett Group.

A number of research analysts have recently weighed in on HCKT shares. Zacks Investment Research raised The Hackett Group from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. BidaskClub cut The Hackett Group from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. SunTrust Banks reissued a “buy” rating and issued a $17.00 price target on shares of The Hackett Group in a report on Friday, November 10th. Finally, Roth Capital raised The Hackett Group from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $16.00 to $20.00 in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $18.33.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp purchased a new position in The Hackett Group in the 4th quarter worth approximately $609,000. MetLife Investment Advisors LLC purchased a new position in The Hackett Group in the 4th quarter worth approximately $175,000. Municipal Employees Retirement System of Michigan purchased a new position in The Hackett Group in the 4th quarter worth approximately $562,000. Millennium Management LLC lifted its holdings in The Hackett Group by 34.7% in the 4th quarter. Millennium Management LLC now owns 123,785 shares of the business services provider’s stock worth $1,945,000 after purchasing an additional 31,913 shares in the last quarter. Finally, Two Sigma Investments LP lifted its holdings in The Hackett Group by 96.5% in the 4th quarter. Two Sigma Investments LP now owns 24,726 shares of the business services provider’s stock worth $388,000 after purchasing an additional 12,145 shares in the last quarter. 81.41% of the stock is currently owned by institutional investors.

The Hackett Group (NASDAQ HCKT) traded down $0.08 during mid-day trading on Friday, hitting $16.29. The stock had a trading volume of 84,526 shares, compared to its average volume of 108,645. The Hackett Group has a 12-month low of $13.24 and a 12-month high of $20.69. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.22. The stock has a market cap of $464.53, a PE ratio of 21.72, a P/E/G ratio of 1.20 and a beta of 0.82.

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The Hackett Group Company Profile

The Hackett Group, Inc is an advisory and technology consulting company. The Company’s services include business transformation, enterprise performance management, working capital management and global business services. The Company is engaged in providing business and technology consulting services.

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