Brokerages predict that The Hackett Group, Inc. (NASDAQ:HCKT) will announce $0.27 earnings per share for the current quarter, according to Zacks. Three analysts have issued estimates for The Hackett Group’s earnings, with estimates ranging from $0.26 to $0.28. The Hackett Group reported earnings of $0.26 per share during the same quarter last year, which would indicate a positive year over year growth rate of 3.8%. The company is expected to issue its next earnings results on Tuesday, November 6th.

According to Zacks, analysts expect that The Hackett Group will report full year earnings of $1.07 per share for the current fiscal year, with EPS estimates ranging from $1.05 to $1.09. For the next year, analysts expect that the firm will post earnings of $1.21 per share, with EPS estimates ranging from $1.20 to $1.22. Zacks’ EPS calculations are an average based on a survey of analysts that cover The Hackett Group.

The Hackett Group (NASDAQ:HCKT) last announced its quarterly earnings data on Tuesday, August 7th. The business services provider reported $0.27 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.27. The company had revenue of $75.65 million for the quarter, compared to the consensus estimate of $75.04 million. The Hackett Group had a net margin of 11.62% and a return on equity of 23.41%.

A number of analysts have recently issued reports on the stock. BidaskClub downgraded shares of The Hackett Group from a “hold” rating to a “sell” rating in a report on Friday, June 8th. ValuEngine raised shares of The Hackett Group from a “hold” rating to a “buy” rating in a report on Thursday, August 9th. Zacks Investment Research raised shares of The Hackett Group from a “sell” rating to a “hold” rating in a report on Friday, June 8th. SunTrust Banks reaffirmed a “buy” rating and set a $23.00 price target on shares of The Hackett Group in a report on Thursday, August 9th. Finally, Barrington Research reaffirmed a “buy” rating and set a $22.00 price target on shares of The Hackett Group in a report on Friday, August 17th. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $20.75.

Shares of NASDAQ HCKT traded up $0.25 during trading on Tuesday, reaching $19.99. 68,136 shares of the company traded hands, compared to its average volume of 99,136. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.11. The company has a market cap of $584.82 million, a PE ratio of 26.24, a PEG ratio of 1.49 and a beta of 1.00. The Hackett Group has a 52-week low of $14.52 and a 52-week high of $20.59.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. boosted its holdings in shares of The Hackett Group by 3.8% in the second quarter. BlackRock Inc. now owns 2,333,618 shares of the business services provider’s stock worth $37,500,000 after buying an additional 85,858 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of The Hackett Group by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,721,725 shares of the business services provider’s stock worth $27,668,000 after buying an additional 6,464 shares during the last quarter. Trigran Investments Inc. boosted its holdings in shares of The Hackett Group by 6.3% in the second quarter. Trigran Investments Inc. now owns 1,538,779 shares of the business services provider’s stock worth $24,729,000 after buying an additional 91,387 shares during the last quarter. Hosking Partners LLP boosted its holdings in shares of The Hackett Group by 4.7% in the first quarter. Hosking Partners LLP now owns 1,275,677 shares of the business services provider’s stock worth $20,487,000 after buying an additional 57,611 shares during the last quarter. Finally, Wasatch Advisors Inc. boosted its holdings in shares of The Hackett Group by 0.7% in the second quarter. Wasatch Advisors Inc. now owns 1,207,162 shares of the business services provider’s stock worth $19,399,000 after buying an additional 8,577 shares during the last quarter. 78.66% of the stock is currently owned by institutional investors.

The Hackett Group Company Profile

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.

Further Reading: Return on Investment (ROI)

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Earnings History and Estimates for The Hackett Group (NASDAQ:HCKT)

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