Market Resilience: Hackett Group Inc (HCKT) Finishes Weak at 19.82, Down -4.20

Ulysses Smith

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

Hackett Group Inc (NASDAQ: HCKT) closed the day trading at $19.82 down -4.20% from the previous closing price of $20.69. In other words, the price has decreased by -$4.20 from its previous closing price. On the day, 0.64 million shares were traded. HCKT stock price reached its highest trading level at $20.69 during the session, while it also had its lowest trading level at $19.78.

Ratios:

For a better understanding of HCKT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.42. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.20.

On February 22, 2023, Craig Hallum Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $30 to $25.

Craig Hallum Upgraded its Hold to Buy on February 19, 2020, whereas the target price for the stock was revised from $18 to $20.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HCKT now has a Market Capitalization of 545261824 and an Enterprise Value of 560821824. As of this moment, Hackett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.10, and their Forward P/E ratio for the next fiscal year is 11.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.73 while its Price-to-Book (P/B) ratio in mrq is 4.55. Its current Enterprise Value per Revenue stands at 1.813 whereas that against EBITDA is 16.487.

Stock Price History:

The Beta on a monthly basis for HCKT is 0.99, which has changed by -0.24206501 over the last 52 weeks, in comparison to a change of 0.1653893 over the same period for the S&P500. Over the past 52 weeks, HCKT has reached a high of $34.02, while it has fallen to a 52-week low of $19.39. The 50-Day Moving Average of the stock is -8.54%, while the 200-Day Moving Average is calculated to be -25.30%.

Shares Statistics:

Over the past 3-months, HCKT traded about 276.52K shares per day on average, while over the past 10 days, HCKT traded about 289990 shares per day. A total of 27.51M shares are outstanding, with a floating share count of 24.66M. Insiders hold about 10.35% of the company’s shares, while institutions hold 83.16% stake in the company. Shares short for HCKT as of 1756425600 were 1027707 with a Short Ratio of 3.72, compared to 1753920000 on 695104. Therefore, it implies a Short% of Shares Outstanding of 1027707 and a Short% of Float of 4.1300002000000005.

Dividends & Splits

HCKT’s forward annual dividend rate is 0.47, up from 0.46 a year ago. Against a Trailing Annual Dividend Yield of 0.022362664. The stock’s 5-year Average Dividend Yield is 2.0.

Earnings Estimates

Hackett Group Inc (HCKT) is presently subject to a detailed evaluation by 3.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.38, with high estimates of $0.38 and low estimates of $0.37.

Analysts are recommending an EPS of between $1.53 and $1.52 for the fiscal current year, implying an average EPS of $1.52. EPS for the following year is $1.7, with 3.0 analysts recommending between $1.73 and $1.68.

Revenue Estimates

2 analysts predict $74.82M in revenue for. The current quarter. It ranges from a high estimate of $74.89M to a low estimate of $74.75M. As of. The current estimate, Hackett Group Inc’s year-ago sales were $79.78MFor the next quarter, 2 analysts are estimating revenue of $76.39M. There is a high estimate of $77.25M for the next quarter, whereas the lowest estimate is $75.53M.

A total of 2 analysts have provided revenue estimates for HCKT’s current fiscal year. The highest revenue estimate was $308.76M, while the lowest revenue estimate was $307.18M, resulting in an average revenue estimate of $307.97M. In the same quarter a year ago, actual revenue was $313.86MBased on 2 analysts’ estimates, the company’s revenue will be $322.4M in the next fiscal year. The high estimate is $324.03M and the low estimate is $320.78M.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.