The Hackett Group (NASDAQ:HCKT) Announces Quarterly Earnings Results

The Hackett Group (NASDAQ:HCKT) issued its quarterly earnings data on Tuesday. The business services provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01), FiscalAI reports. The business had revenue of $68.80 million for the quarter, compared to analysts’ expectations of $71.23 million. The Hackett Group had a return on equity of 24.59% and a net margin of 4.75%. The Hackett Group updated its Q2 2026 guidance to 0.330-0.350 EPS.

Here are the key takeaways from The Hackett Group’s conference call:

• Accelerated pivot to AI platform-enabled delivery — The company has integrated proprietary platforms (Hackett AI XPLR, XT, AIX, ZBrain) and an acquisition (LeewayHertz) to shift from labor-based services to “service as a product,” which management says will add non-labor scale and expand addressable market.
• Q1 financials under pressure — reported revenues before reimbursements were roughly $68M with adjusted EPS of $0.34 at the low end of guidance, reflecting year-over-year revenue declines and elongated client decision cycles driven by AI ROI uncertainty.
• Early productivity and margin improvements expected to accelerate — SBT project margins reportedly improved ~500 basis points from platform leverage, Oracle margins are already improving with AIXelerator, and management expects Q2 sequential margin gains and a Q3 inflection where adjusted EPS could exceed prior-year levels on flat revenues.
• Weakened near-term cash position and higher receivables — cash fell to $6.1M (from $18.2M), operating cash used $5.1M, and DSO rose to 67 days, though management expects an $8M–$9M reduction in receivables by end of Q2.
• Strategic partnerships and demand signals showing traction — IBM go-to-market collaboration launched, wins driven by the OneStream AIXelerator, and a strong response from process-mining (Celonis) users to Hackett AI XPLR, which management says should help expand pipeline over the coming quarters.

The Hackett Group Price Performance

Shares of NASDAQ HCKT traded up $1.20 during midday trading on Thursday, hitting $11.41. The company had a trading volume of 726,359 shares, compared to its average volume of 297,482. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 1.11. The Hackett Group has a twelve month low of $9.48 and a twelve month high of $26.29. The business has a 50-day simple moving average of $13.36 and a two-hundred day simple moving average of $16.68. The firm has a market capitalization of $287.76 million, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 0.91 and a beta of 0.96.

The Hackett Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Monday, June 22nd will be paid a $0.12 dividend. The ex-dividend date is Monday, June 22nd. This represents a $0.48 annualized dividend and a dividend yield of 4.2%. The Hackett Group’s dividend payout ratio (DPR) is 102.13%.

Institutional Trading of The Hackett Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quadrant Capital Group LLC acquired a new stake in shares of The Hackett Group in the fourth quarter valued at about $41,000. Tower Research Capital LLC TRC raised its position in The Hackett Group by 566.2% during the second quarter. Tower Research Capital LLC TRC now owns 5,703 shares of the business services provider’s stock worth $145,000 after acquiring an additional 4,847 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in The Hackett Group by 7.8% during the second quarter. The Manufacturers Life Insurance Company now owns 9,773 shares of the business services provider’s stock worth $248,000 after acquiring an additional 707 shares during the last quarter. State of Wyoming raised its position in The Hackett Group by 15.9% during the second quarter. State of Wyoming now owns 12,816 shares of the business services provider’s stock worth $326,000 after acquiring an additional 1,755 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in The Hackett Group by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,007 shares of the business services provider’s stock worth $439,000 after acquiring an additional 614 shares during the last quarter. Institutional investors and hedge funds own 78.12% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HCKT. Wall Street Zen raised shares of The Hackett Group from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Barrington Research lowered their target price on shares of The Hackett Group from $17.00 to $16.00 and set an “outperform” rating on the stock in a report on Wednesday. Roth Mkm set a $17.00 target price on shares of The Hackett Group in a report on Wednesday. Zacks Research raised shares of The Hackett Group from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Finally, Weiss Ratings downgraded shares of The Hackett Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 8th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, The Hackett Group has an average rating of “Hold” and a consensus target price of $16.50.

The Hackett Group Company Profile

The Hackett Group is a global strategic advisory firm specializing in business transformation, benchmarking and research. Leveraging a proprietary data repository and the Hackett Methodology®, the company helps organizations optimize performance across enterprise functions. Its advisory services span digital transformation, process optimization and operational excellence, enabling clients to identify best practices, streamline workflows and achieve sustainable cost savings.

Through detailed benchmarking studies and industry research, The Hackett Group delivers actionable insights into finance, procurement, human resources, information technology and supply chain management.