Wall Street brokerages expect The Hackett Group, Inc. (NASDAQ:HCKT) to report earnings per share (EPS) of $0.26 for the current quarter, according to Zacks. Five analysts have made estimates for The Hackett Group’s earnings, with estimates ranging from $0.25 to $0.26. The Hackett Group also reported earnings of $0.26 per share during the same quarter last year. The firm is scheduled to announce its next earnings results after the market closes on Tuesday, February 20th.
On average, analysts expect that The Hackett Group will report full year earnings of $0.99 per share for the current fiscal year, with EPS estimates ranging from $0.98 to $1.00. For the next financial year, analysts expect that the firm will report earnings of $1.09 per share, with EPS estimates ranging from $1.07 to $1.12. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that follow The Hackett Group.
Several research analysts recently commented on the company. BidaskClub upgraded The Hackett Group from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Zacks Investment Research downgraded shares of The Hackett Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 16th. SunTrust Banks reissued a “buy” rating and issued a $17.00 price objective on shares of The Hackett Group in a research note on Friday, November 10th. Finally, Roth Capital raised shares of The Hackett Group from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $16.00 to $20.00 in a research note on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The Hackett Group currently has a consensus rating of “Hold” and an average target price of $18.33.
The Hackett Group (NASDAQ:HCKT) traded down $0.08 on Friday, reaching $16.29. The company had a trading volume of 84,500 shares, compared to its average volume of 102,696. The stock has a market capitalization of $466.81, a price-to-earnings ratio of 21.72, a P/E/G ratio of 1.20 and a beta of 0.82. The Hackett Group has a 12 month low of $13.24 and a 12 month high of $20.69. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.22.
ILLEGAL ACTIVITY NOTICE: This article was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this article on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright law. The legal version of this article can be viewed at https://stocknewstimes.com/2018/03/14/the-hackett-group-inc-hckt-expected-to-post-earnings-of-0-26-per-share.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.