Hackett Group Inc (HCKT) Shares See 3.91% Rise Over Last Week

Kevin Freeman

Currently, Hackett Group Inc [HCKT] is trading at $19.12, down -0.26%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HCKT shares have gain 3.91% over the last week, with a monthly amount glided 8.27%, and 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 an Outperform rating. Barrington Research reiterated its recommendation of an 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.

This stock has fluctuated between a low of $17.52 and a high of $34.02 over the last 52 weeks. Hackett Group Inc [NASDAQ: HCKT] shares were valued at $19.12 at the most recent close of the market.

Analyzing the HCKT fundamentals

Trailing Twelve Months sales for Hackett Group Inc [NASDAQ:HCKT] were 309.11M which represents -8.36% decline. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.46.

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 18.93 points at the first support level, and at 18.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.31, and for the 2nd resistance point, it is at 19.49.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Hackett Group Inc [NASDAQ:HCKT] is 1.88. Also, the Quick Ratio is 1.88, while the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 1.68, the price to book ratio is 5.10 and price to earnings (TTM) ratio is 49.55.

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