On 11/5/24, The Hackett Group Inc (NASDAQ: HCKT) stock enjoyed a major increase of 17.5%, closing at $28.62. Moreover, exceptionally high trading volume at 327% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 15.9% during the last week.
Current PriceTarget Research Rating
HCKT is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Hackett Group has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Hackett Group has a poor Appreciation Score of 21 but a slightly positive Power Rating of 65, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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