Is Hackett Stock a Good Investment?

Hackett Investment Advice

HCKT

To provide specific investment advice or recommendations on The Hackett Group stock, we recommend investors consider the following general factors when evaluating The Hackett Group. This will help you to make an informed decision on whether to include Hackett in one of your diversified portfolios:

Examine Hackett's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Hackett's leadership team and their track record. Good management can help Hackett navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the IT Consulting & Other Services space and any emerging trends that could impact Hackett's business and its evolving consumer preferences.
Compare Hackett's performance and market position to its competitors. Analyze how Hackett is positioned in terms of product offerings, innovation, and market share.
Check if Hackett pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Hackett's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in The Hackett Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if The Hackett Group is a good investment.

Sell

Buy

Cautious Hold

Our trade recommendations module complements current analysts and expert consensus on The Hackett Group. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure The Hackett Group is not overpriced, please check out all Hackett fundamentals, including its shares owned by institutions, cash per share, number of employees, as well as the relationship between the revenue and cash flow from operations . Given that Hackett Group has a price to earning of 137.03 X, we strongly advise you to confirm Hackett Group market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Market Performance	Very Weak	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Very Small	Details
Economic Sensitivity	Follows the market closely	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Inapplicable	Details
Reporting Quality (M-Score)	Possible Manipulator	Details

Examine Hackett Stock

Researching Hackett's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 82.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.11. Hackett Group last dividend was issued on the 21st of June 2024.

To determine if Hackett is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hackett's research are outlined below:

	Hackett Group generated a negative expected return over the last 90 days
	Hackett Group is unlikely to experience financial distress in the next 2 years
	Over 82.0% of the company shares are owned by institutional investors
	On 5th of April 2024 Hackett paid $ 0.11 per share dividend to its current shareholders
	Latest headline from news.google.com: Where The Hackett Group, Inc.s Earnings Growth Stands Against Its Industry - Yahoo Lifestyle UK

Hackett Quarterly Accounts Payable

6.21 Million

Hackett uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in The Hackett Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hackett's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	20th of February 2024 Upcoming Quarterly Report	View
	14th of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	20th of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact Hackett's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Hackett's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2014-05-06	2014-03-31	0.07	0.08	0.01	14
2013-02-19	2012-12-31	0.1	0.11	0.01	10
2012-11-05	2012-09-30	0.1	0.11	0.01	10
2012-05-08	2012-03-31	0.07	0.08	0.01	14
2012-02-21	2011-12-31	0.08	0.09	0.01	12
2011-08-09	2011-06-30	0.08	0.09	0.01	12
2011-05-09	2011-03-31	0.06	0.07	0.01	16
2011-02-22	2010-12-31	0.06	0.07	0.01	16

Hackett Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hackett target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Hackett's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.

3	Strong Buy

Most Hackett analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Hackett stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Hackett Group, talking to its executives and customers, or listening to those companies' conference calls.

Macroaxis Advice Exposure Valuation

Hackett Target Price Projection

Hackett's current and average target prices are 21.54 and 27.00, respectively. The current price of Hackett is the price at which The Hackett Group is currently trading. On the other hand, Hackett's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Hackett Market Quote on 19th of May 2024

Low Price	21.36	Odds
High Price	21.7	Odds

21.54 Target Price

Analyst Consensus On Hackett Target Price

Low Estimate	24.57	Odds
High Estimate	29.97	Odds

27.0

Historical

Lowest Forecast 24.57

Target Price 27.0

Highest Forecast 29.97

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on The Hackett Group and the information provided on this page.

Hackett Analyst Ratings

Hackett's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Hackett stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Hackett's financials, market performance, and future outlook by experienced professionals. Hackett's historical ratings below, therefore, can serve as a valuable tool for investors.

Know Hackett's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Hackett is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading The Hackett Group backward and forwards among themselves. Hackett's institutional investor refers to the entity that pools money to purchase Hackett's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Thrivent Financial For Lutherans	2023-12-31	549.8 K
Morgan Stanley - Brokerage Accounts	2023-12-31	522.2 K
Wellington Management Company Llp	2023-12-31	454 K
Earnest Partners Llc	2023-12-31	432 K
Punch & Associates Inv Mgmt Inc	2023-12-31	414.7 K
Crawford Investment Counsel, Inc	2023-12-31	386.6 K
Wells Fargo & Co	2023-12-31	337.4 K
Grandeur Peak Global Advisors, Llc	2023-12-31	287.9 K
Northern Trust Corp	2023-12-31	278.8 K
Blackrock Inc	2023-12-31	2.4 M
Vanguard Group Inc	2023-12-31	1.9 M

Note, although Hackett's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hackett's market capitalization trends

The company currently falls under 'Small-Cap' category with a current market capitalization of 594.8 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hackett's market, we take the total number of its shares issued and multiply it by Hackett's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

361.27 Million

Hackett's profitablity analysis

Hackett's profitability indicators refer to fundamental financial ratios that showcase Hackett's ability to generate income relative to its revenue or operating costs. If, let's say, Hackett is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hackett's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hackett's profitability requires more research than a typical breakdown of Hackett's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.34	0.36
Return On Capital Employed	0.30	0.32
Return On Assets	0.20	0.21
Return On Equity	0.29	0.30

The company has Profit Margin (PM) of 0.12 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.15 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.15.

Determining Hackett's profitability involves analyzing its financial statements and using various financial metrics to determine if Hackett is a good buy. For example, gross profit margin measures Hackett's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hackett's profitability and make more informed investment decisions.

Hackett's Earnings Breakdown by Geography

The data published in Hackett's official financial statements usually reflect Hackett's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Hackett Group. For example, before you start analyzing numbers published by Hackett accountants, it's critical to develop an understanding of what Hackett's liquidity, profitability, and earnings quality are in the context of the IT Services space in which it operates.

Please note, the presentation of Hackett's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hackett's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Hackett's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of The Hackett Group. Please utilize our Beneish M Score to check the likelihood of Hackett's management manipulating its earnings.

Evaluate Hackett's management efficiency

Hackett Group has return on total asset (ROA) of 0.1966 % which means that it generated a profit of $0.1966 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4425 %, meaning that it created $0.4425 on every $100 dollars invested by stockholders. Hackett's management efficiency ratios could be used to measure how well Hackett manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.36 in 2024. Return On Capital Employed is likely to gain to 0.32 in 2024. At this time, Hackett's Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 457.6 K in 2024, whereas Total Current Liabilities is likely to drop slightly above 45.2 M in 2024.

	Last Reported	Projected for Next Year
Book Value Per Share	4.79	2.54
Net Current Asset Value	0.00	0.00
Tangible Asset Value	0.00	0.00
Tangible Book Value Per Share	1.95	2.05
Enterprise Value Over EBITDA	12.09	10.41
Price Book Value Ratio	4.28	2.76
Enterprise Value Multiple	12.09	10.41
Price Fair Value	4.28	2.76
Enterprise Value	574.3 M	351.5 M

The analysis of Hackett's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Hackett's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Hackett Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Dividend Yield

0.0204

Forward Dividend Yield

0.0204

Forward Dividend Rate

0.44

Beta

0.874

Basic technical analysis of Hackett Stock

As of the 19th of May, Hackett retains the Market Risk Adjusted Performance of (0.12), risk adjusted performance of (0.03), and Standard Deviation of 1.65. Hackett technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for Hackett Group, which can be compared to its competitors. Please check out Hackett Group mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Hackett is priced fairly, providing market reflects its last-minute price of 21.54 per share. Given that The Hackett Group has information ratio of (0.12), we strongly advise you to confirm Hackett Group's regular market performance to make sure the company can sustain itself at a future point.

Hackett's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hackett insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hackett's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hackett insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

David Dungan over three weeks ago

Disposition of 350000 shares by David Dungan of Hackett at 23.5 subject to Rule 16b-3

Understand Hackett's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Hackett's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	(0.03)
	Market Risk Adjusted Performance	(0.12)
	Mean Deviation	1.02
	Coefficient Of Variation	(1,558)
	Standard Deviation	1.65
	Variance	2.72
	Information Ratio	(0.12)
	Jensen Alpha	(0.19)
	Total Risk Alpha	(0.37)
	Treynor Ratio	(0.13)
	Maximum Drawdown	12.17
	Value At Risk	(2.14)
	Potential Upside	1.85
	Skewness	2.76
	Kurtosis	15.47

	Risk Adjusted Performance	(0.03)
	Market Risk Adjusted Performance	(0.12)
	Mean Deviation	1.02
	Coefficient Of Variation	(1,558)
	Standard Deviation	1.65
	Variance	2.72
	Information Ratio	(0.12)
	Jensen Alpha	(0.19)
	Total Risk Alpha	(0.37)
	Treynor Ratio	(0.13)
	Maximum Drawdown	12.17
	Value At Risk	(2.14)
	Potential Upside	1.85
	Skewness	2.76
	Kurtosis	15.47

Consider Hackett's intraday indicators

Hackett intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hackett stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0157
	Daily Balance Of Power	(0.29)
	Rate Of Daily Change	1.0
	Day Median Price	21.53
	Day Typical Price	21.53
	Market Facilitation Index	0.34
	Price Action Indicator	(0.04)
	Period Momentum Indicator	(0.10)
	Relative Strength Index	36.62

Hackett Corporate Filings

10Q	8th of May 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations	View Verify
8K	7th of May 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
	1st of April 2024 Other Reports	View Verify
	22nd of March 2024 Other Reports	View Verify

Hackett time-series forecasting models is one of many Hackett's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hackett's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Hackett Stock media impact

Far too much social signal, news, headlines, and media speculation about Hackett that are available to investors today. That information is available publicly through Hackett media outlets and privately through word of mouth or via Hackett internal channels. However, regardless of the origin, that massive amount of Hackett data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Hackett news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Hackett relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Hackett's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Hackett alpha.

Hackett Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Hackett can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hackett without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hackett Corporate Executives

Elected by the shareholders, the Hackett's board of directors comprises two types of representatives: Hackett inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hackett. The board's role is to monitor Hackett's management team and ensure that shareholders' interests are well served. Hackett's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hackett's outside directors are responsible for providing unbiased perspectives on the board's policies.

Robert Ramirez

CFO, Principal Accounting Officer and Executive VP of Fin.

Profile

How to buy Hackett Stock?

Examine Hackett's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Hackett's leadership team and their track record. Good management can help Hackett navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the IT Consulting & Other Services space and any emerging trends that could impact Hackett's business and its evolving consumer preferences.
Compare Hackett's performance and market position to its competitors. Analyze how Hackett is positioned in terms of product offerings, innovation, and market share.
Check if Hackett pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Hackett's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

Already Invested in The Hackett Group?

The danger of trading The Hackett Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hackett is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hackett. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hackett Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

When determining whether Hackett Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Hackett Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about The Hackett Group Stock. Highlighted below are key reports to facilitate an investment decision about The Hackett Group Stock: