Hackett Group Inc [HCKT] stock is trading at $18.94, up 7.25%. An important factor to consider is whether the stock is rising or falling in short-term value. The HCKT shares have gain 6.17% over the last week, with a monthly amount drifted -1.20%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hackett Group Inc [NASDAQ: HCKT] stock has seen the most recent analyst activity on February 21, 2024, when Craig Hallum upgraded its rating to a Buy but kept the price target unchanged to $28 for it. Previously, Craig Hallum downgraded its rating to Hold on February 22, 2023, and dropped its price target to $25. On February 19, 2020, upgrade upgraded it’s rating to Buy and revised its price target to $20 on the stock. William Blair started tracking the stock assigning a Outperform rating. Barrington Research reiterated its recommendation of a Outperform and raised its price target to $23 on November 08, 2018. ROTH Capital upgraded its rating to Buy for this stock on November 09, 2017. In a note dated June 16, 2017, SunTrust initiated a Buy rating and provided a target price of $19 on this stock.
Hackett Group Inc [HCKT] stock has fluctuated between $17.52 and $34.02 over the past year. Hackett Group Inc [NASDAQ: HCKT] shares were valued at $18.94 at the most recent close of the market.
Analyzing the HCKT fundamentals
Hackett Group Inc [NASDAQ:HCKT] reported sales of 309.11M for the trailing twelve months, which represents a drop of -8.36%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.1 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.69 points at the first support level, and at 18.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.18, and for the 2nd resistance point, it is at 19.41.
Ratios To Look Out For
For context, Hackett Group Inc’s Current Ratio is 1.88. On the other hand, the Quick Ratio is 1.71, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 1.69, the price to book ratio is 4.35 and price to earnings (TTM) ratio is 49.37.
