The Hackett Group (HCKT) Earning Somewhat Positive Media Coverage, Analysis Shows
News articles about The Hackett Group (NASDAQ:HCKT) have been trending somewhat positive recently, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. The Hackett Group earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 48.5984442167104 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of The Hackett Group (NASDAQ:HCKT) opened at $16.10 on Friday. The firm has a market capitalization of $457.64, a P/E ratio of 21.47, a PEG ratio of 1.18 and a beta of 0.82. The Hackett Group has a 1 year low of $13.24 and a 1 year high of $20.69. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.68 and a quick ratio of 1.68.
The Hackett Group (NASDAQ:HCKT) last issued its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.26 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.01. The firm had revenue of $71.50 million for the quarter, compared to analyst estimates of $70.66 million. The Hackett Group had a return on equity of 26.10% and a net margin of 8.42%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period last year, the company earned $0.25 EPS. equities research analysts anticipate that The Hackett Group will post 0.81 earnings per share for the current year.
A number of brokerages have commented on HCKT. Zacks Investment Research cut The Hackett Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 16th. BidaskClub cut The Hackett Group from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. SunTrust Banks reaffirmed a “buy” rating and issued a $17.00 price target on shares of The Hackett Group in a research note on Friday, November 10th. Finally, Roth Capital raised The Hackett Group from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $16.00 to $20.00 in a research note on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $18.33.
About The Hackett Group
The Hackett Group, Inc is an advisory and technology consulting company. The Company’s services include business transformation, enterprise performance management, working capital management and global business services. The Company is engaged in providing business and technology consulting services.
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