The Hackett Group Inc (NASDAQ: HCKT) has reported earnings for its second fiscal quarter (ending June 30) of $0.32 versus $0.32 for the same period a year ago — flat performance. This result fell short of the consensus estimate of $0.37 by $-0.05. For the latest four quarters through June 30, E.P.S. were $1.28 versus $1.27 for the same period a year ago — an increase of 1%.
Recent Price Action
The Hackett Group Inc (NASDAQ: HCKT) stock closed at $25.27 on 8/6/24 after a slight gain of 0.08%. This advance was accompanied by normal trading volume. The stock has declined -2.9% during the last week and has performed in line with the market over the last nine months.
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 F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hackett Group has a slightly negative Power Rating of 37 and a poor Appreciation Score of 16, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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