HCKT icon

Hackett Group

30.81 USD
-0.28
0.90%
At close Dec 20, 4:00 PM EST
After hours
30.81
+0.00
0.00%
1 day
-0.90%
5 days
-3.63%
1 month
0.85%
3 months
18.41%
6 months
42.11%
Year to date
35.85%
1 year
38.04%
5 years
94.51%
10 years
244.25%
 

About: The Hackett Group Inc is an IP-based executive advisory, strategic consulting, and digital transformation firm. It provides Generative Artificial Intelligence ("Gen AI") strategy, operations, finance, human capital management, strategic sourcing, procurement, and information technology. It operates in three segments Oracle Solutions, SAP Solutions, and Global S&BT. It generates the majority of its revenue from the Global S&BT segment in the United States.

Employees: 1,350

0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,328% more call options, than puts

Call options by funds: $414K | Put options by funds: $29K

167% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 12

19% more capital invested

Capital invested by funds: $494M [Q2] → $590M (+$95.7M) [Q3]

13% more funds holding

Funds holding: 155 [Q2] → 175 (+20) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 60

1.1% less ownership

Funds ownership: 82.35% [Q2] → 81.25% (-1.1%) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$28
9%
downside
Avg. target
$30
3%
downside
High target
$32
4%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Roth MKM
Jeff Martin
50% 1-year accuracy
7 / 14 met price target
3%downside
$30
Buy
Maintained
5 Nov 2024
Barrington Research
Vincent Colicchio
59% 1-year accuracy
44 / 74 met price target
9%downside
$28
Outperform
Maintained
5 Nov 2024
Craig-Hallum
George Sutton
79% 1-year accuracy
22 / 28 met price target
4%upside
$32
Buy
Maintained
5 Nov 2024

Financial journalist opinion

Positive
Seeking Alpha
3 days ago
Hackett Group Rises On Gen AI Promise, But Results Don't Budge
Hackett Group reported Q3 2024 results, beating revenue and earnings estimates, but revenue growth remains modest and earnings stable. The digital transformation consulting market is projected to grow significantly, driven by cloud migration and generative AI technologies, presenting opportunities and challenges for Hackett. Hackett's financials show moderate revenue growth, stable earnings, and strong free cash flow, but increased expenses and competition pose challenges.
Hackett Group Rises On Gen AI Promise, But Results Don't Budge
Neutral
Business Wire
1 week ago
Hackett: Digital World Class® HR Teams Double Technology Investment and Serve 65% More Employees per HR Staff
MIAMI--(BUSINESS WIRE)--According to new research from The Hackett Group, Inc. (NASDAQ: HCKT), Digital World Class® human resources (HR) organizations have continued to establish their leadership through notable efficiency improvements and strategic investments in technology. These advancements have resulted in significantly lower labor costs, increased productivity and a robust foundation for the successful integration of generative artificial intelligence (Gen AI), projected to enhance HR eff.
Hackett: Digital World Class® HR Teams Double Technology Investment and Serve 65% More Employees per HR Staff
Neutral
Business Wire
1 month ago
The Hackett Group to Ring NASDAQ Opening Bell Celebrating Acquisition of Gen AI Development Company LeewayHertz
MIAMI--(BUSINESS WIRE)--The Hackett Group, Inc. (NASDAQ: HCKT), a leading Gen AI strategic consultancy, will ring the Nasdaq Stock Market Opening Bell on Friday, November 15, 2024. The event celebrates the company's recent acquisition of Gen AI development firm LeewayHertz. This milestone marks a significant step in expanding The Hackett Group's AI capabilities, resulting in a comprehensive end-to-end AI solution for clients – from ideation through implementation. The transaction combined The H.
The Hackett Group to Ring NASDAQ Opening Bell Celebrating Acquisition of Gen AI Development Company LeewayHertz
Neutral
Business Wire
1 month ago
Hackett: €1.3 Trillion in Untapped Working Capital Opportunity for European Companies
MIAMI--(BUSINESS WIRE)--The Hackett Group, Inc. (NASDAQ: HCKT) reports that European companies have encountered critical challenges in managing their working capital in 2024. The latest European Working Capital Survey reveals a €1.3 trillion opportunity in untapped working capital, accentuating the urgency for companies to optimize their working capital management amid ongoing economic uncertainties. The European Union's economy demonstrated resilience initially, but ongoing geopolitical tensio.
Hackett: €1.3 Trillion in Untapped Working Capital Opportunity for European Companies
Neutral
Business Wire
1 month ago
The Hackett Group Announces Joint Employee Learning Award
MIAMI--(BUSINESS WIRE)--The Hackett Group, Inc. (NASDAQ: HCKT), bp and Thought Industries have been jointly recognized by the Brandon Hall Group – the human capital management research firm – for the development and execution of bp's employee learning certification program. The award honors certification programs designed to support competency and/or skill development within an organization, and improve employee retention and promotion rates. “We are delighted to be able to celebrate this award.
The Hackett Group Announces Joint Employee Learning Award
Neutral
Seeking Alpha
1 month ago
The Hackett Group, Inc. (HCKT) Q3 2024 Earnings Conference Call Transcript
The Hackett Group, Inc. (NASDAQ:HCKT ) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Rob Ramirez - CFO Ted Fernandez - Chairman, CFO Conference Call Participants George Sutton - Craig Hallum Jeff Martin - ROTH Capital Partners Vincent Colicchio - Barrington Research Operator Welcome to The Hackett Group Third Quarter Earnings Conference Call. Your lines have been placed on a listen-only mode until the question-and-answer session.
The Hackett Group, Inc. (HCKT) Q3 2024 Earnings Conference Call Transcript
Positive
Zacks Investment Research
1 month ago
Hackett Group (HCKT) Surpasses Q3 Earnings and Revenue Estimates
Hackett Group (HCKT) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.41 per share a year ago.
Hackett Group (HCKT) Surpasses Q3 Earnings and Revenue Estimates
Neutral
Business Wire
1 month ago
The Hackett Group Announces Third Quarter 2024 Results
MIAMI--(BUSINESS WIRE)--The Hackett Group Announces Third Quarter 2024 Results.
The Hackett Group Announces Third Quarter 2024 Results
Neutral
Business Wire
1 month ago
Long-Term Tech Investments Position Top Finance Organizations to Extract Maximum Value From AI, Extending Market Advantage
MIAMI--(BUSINESS WIRE)--Generative artificial intelligence (Gen AI) is reshaping the finance landscape, disrupting traditional operations and pushing the boundaries of what's possible. As finance organizations face increasing pressure to increase innovation and cut costs, Digital World Class® organizations are uniquely positioned to leverage Gen AI to foresee the future and uncover new opportunities for faster transformation. The latest research from The Hackett Group, Inc. (NASDAQ: HCKT) revea.
Long-Term Tech Investments Position Top Finance Organizations to Extract Maximum Value From AI, Extending Market Advantage
Neutral
Business Wire
2 months ago
The Hackett Group, Inc. Invites You to Participate in the 2024 Third Quarter Earnings Conference Call on Monday, November 4, 2024
MIAMI--(BUSINESS WIRE)--The Hackett Group, Inc. invites you to participate in the 2024 Third Quarter Earnings Conference Call on Monday, November 4, 2024.
The Hackett Group, Inc. Invites You to Participate in the 2024 Third Quarter Earnings Conference Call on Monday, November 4, 2024
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