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Wednesday, September 27, 2023

The Hackett Group Inc. (NASDAQ: HCKT) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for The Hackett Group Inc. (HCKT) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $24.02. The The Hackett Group Inc. has recorded 2,854 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that The Hackett Value Matrix Quantifies the Value Realized From Purchase-to-Pay (P2P) Software Solutions Providers.

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Stocks Info

The Hackett Group Inc. is listed on the NASDAQ as a member of the Technology sector and is a part of the Information Technology Services industry. At the end of the last regular session, the stock closed at $24.02 and fluctuated between $24.28 as its day high and $23.72 as its day low. The current market capitalization of The Hackett Group Inc. is $641.57M. A total of 98824.0 shares were traded on the day, compared to an average of 106.21K shares.


Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, HCKT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 11 SELLs from insiders. Insiders purchased 233,096 shares during that period but sold 2,136,567.




It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. The Hackett Group Inc. pays an annual dividend of $0.44, resulting in a dividend yield of 1.83%, and it has a price to earnings (P/E) ratio of 19.29. HCKT’s most recent ex-dividend date was 9/21/2023 when it declared a $0.11 quarterly dividend that was paid in cash on 10/6/2023. Previously, the company paid the dividend on 7/7/2023 with an ex-dividend date of 6/22/2023. The HCKT stock dividend was $0.11 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for HCKT in the last 3 months, the mean price target is $27.00 with high estimates of $28.00 and low estimates of $25.00. In terms of 52-week highs and lows, HCKT has a high of $24.82 and a low of $17.10.

As of this writing, HCKT has an earnings estimate of $0.39 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.4 per share and a lower estimate of $0.39. The company reported an EPS of $0.37 in the last quarter, which was 2.80% higher than expectations of $0.36.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. HCKT’s latest balance sheet shows that the firm has $45.79M in Cash & Short Term Investments as of fiscal 2021. There were $3.77M in debt and $54.89M in liabilities at the time. Its Book Value Per Share was $2.68, while its Total Shareholder’s Equity was $143.85M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HCKT is Buy with a score of 4.33.

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