Barrington Research Analysts Give The Hackett Group (HCKT) a $22.00 Price Target

Barrington Research set a $22.00 target price on The Hackett Group (NASDAQ:HCKT) in a research report sent to investors on Friday. The brokerage currently has a buy rating on the business services provider’s stock.

Other analysts have also issued research reports about the stock. SunTrust Banks restated a buy rating on shares of The Hackett Group in a research report on Friday, February 23rd. BidaskClub upgraded shares of The Hackett Group from a sell rating to a hold rating in a research report on Monday, February 5th. Finally, Zacks Investment Research upgraded shares of The Hackett Group from a sell rating to a hold rating in a research report on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of $19.25.

How to Become a New Pot Stock Millionaire

Shares of The Hackett Group stock opened at $15.89 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.46 and a quick ratio of 1.46. The Hackett Group has a 1 year low of $13.24 and a 1 year high of $20.35. The firm has a market cap of $464.70, a P/E ratio of 21.19, a price-to-earnings-growth ratio of 1.14 and a beta of 0.80.

The Hackett Group (NASDAQ:HCKT) last issued its earnings results on Tuesday, February 20th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.01. The firm had revenue of $69.40 million during the quarter, compared to analysts’ expectations of $67.48 million. The Hackett Group had a net margin of 9.57% and a return on equity of 24.81%. The firm’s revenue was down .9% compared to the same quarter last year. During the same quarter last year, the company posted $0.26 earnings per share. equities analysts anticipate that The Hackett Group will post 0.93 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in the stock. Grandeur Peak Global Advisors LLC grew its position in The Hackett Group by 10.1% during the fourth quarter. Grandeur Peak Global Advisors LLC now owns 262,475 shares of the business services provider’s stock valued at $4,123,000 after buying an additional 23,975 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in The Hackett Group during the fourth quarter valued at $609,000. MetLife Investment Advisors LLC acquired a new stake in The Hackett Group during the fourth quarter valued at $175,000. Municipal Employees Retirement System of Michigan acquired a new stake in The Hackett Group during the fourth quarter valued at $562,000. Finally, Millennium Management LLC grew its position in The Hackett Group by 34.7% during the fourth quarter. Millennium Management LLC now owns 123,785 shares of the business services provider’s stock valued at $1,945,000 after buying an additional 31,913 shares during the period. Institutional investors own 77.33% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Barrington Research Analysts Give The Hackett Group (HCKT) a $22.00 Price Target” was first posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/3343151/barrington-research-analysts-give-the-hackett-group-hckt-a-22-00-price-target.html.

The Hackett Group Company Profile

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.

Receive News & Ratings for The Hackett Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Hackett Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Somewhat Positive News Coverage Somewhat Unlikely to Affect Darden Restaurants  Stock Price
Somewhat Positive News Coverage Somewhat Unlikely to Affect Darden Restaurants Stock Price
Somewhat Positive Press Coverage Somewhat Unlikely to Impact Zions Bancorp  Share Price
Somewhat Positive Press Coverage Somewhat Unlikely to Impact Zions Bancorp Share Price
Alcoa  Earns Daily News Sentiment Score of 0.16
Alcoa Earns Daily News Sentiment Score of 0.16
Extra Space Storage  Getting Somewhat Positive Media Coverage, Study Finds
Extra Space Storage Getting Somewhat Positive Media Coverage, Study Finds
Philippe Benacin Sells 3,851 Shares of Inter Parfums  Stock
Philippe Benacin Sells 3,851 Shares of Inter Parfums Stock
$1.35 EPS Expected for Darden Restaurants  This Quarter
$1.35 EPS Expected for Darden Restaurants This Quarter


Leave a Reply

© 2006-2018 Ticker Report. Google+.