financetom
Technology
financetom
/
Technology
/
What 5 Analyst Ratings Have To Say About Hackett Group
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What 5 Analyst Ratings Have To Say About Hackett Group
Nov 5, 2024 7:42 AM

Across the recent three months, 5 analysts have shared their insights on Hackett Group ( HCKT ) , expressing a variety of opinions spanning from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 4 0 0 0
Last 30D 1 0 0 0 0
1M Ago 0 1 0 0 0
2M Ago 0 2 0 0 0
3M Ago 0 1 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $28.8, a high estimate of $32.00, and a low estimate of $28.00. This upward trend is evident, with the current average reflecting a 2.86% increase from the previous average price target of $28.00.

Breaking Down Analyst Ratings: A Detailed Examination

An in-depth analysis of recent analyst actions unveils how financial experts perceive Hackett Group ( HCKT ). The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
George Sutton Craig-Hallum Raises Buy $32.00 $30.00
Vincent Colicchio Barrington Research Maintains Outperform $28.00 $28.00
Vincent Colicchio Barrington Research Maintains Outperform $28.00 $28.00
Vincent Colicchio Barrington Research Maintains Outperform $28.00 $28.00
Vincent Colicchio Barrington Research Raises Outperform $28.00 $26.00

Key Insights:

Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Hackett Group ( HCKT ). This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Hackett Group ( HCKT ) compared to the broader market.

Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Hackett Group's ( HCKT ) future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

To gain a panoramic view of Hackett Group's ( HCKT ) market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Hackett Group ( HCKT ) analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

All You Need to Know About Hackett Group

The Hackett Group Inc ( HCKT ) 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.

Understanding the Numbers: Hackett Group's Finances

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Hackett Group's ( HCKT ) revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 0.72%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.

Net Margin: Hackett Group's ( HCKT ) net margin excels beyond industry benchmarks, reaching 11.27%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Hackett Group's ( HCKT ) ROE excels beyond industry benchmarks, reaching 8.94%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 4.77%, the company showcases effective utilization of assets.

Debt Management: Hackett Group's ( HCKT ) debt-to-equity ratio is below the industry average at 0.29, reflecting a lower dependency on debt financing and a more conservative financial approach.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

Breaking: Wall Street's Next Big Mover

Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Gold price forecast update 06-06-2024
Gold price forecast update 06-06-2024
Jun 6, 2024
Gold Price Analysis Expected Scenario Gold price shows some slight bearish bias now, affected by stochastic negativity, but as long as the price is above 2340.10$, our bullish overview will remain valid, which targets 2400.00$ followed by 2450.00$ levels as next main stations. Note that breaking 2340.10$ followed by 2317.00$ levels will reactivate the correctional bearish scenario to fall under...
Crude oil price forecast update 06-06-2024
Crude oil price forecast update 06-06-2024
Jun 6, 2024
Crude Oil Price Analysis Expected Scenario Crude oil price provided additional positive trades to reach the thresholds of the waited target at 75.25$, waiting to get additional positive momentum to assist to push the price to achieve more rise. Reminding you that breaching the mentioned level will push the price towards 77.64$ as a next positive station, while breaking 73.85$...
Brent oil price forecast update 06-06-2024
Brent oil price forecast update 06-06-2024
Jun 6, 2024
Brent Oil Price Analysis Expected Scenario Brent oil price tested 79.00$ barrier, and it might show some bearish bias affected by stochastic current negativity, but as long as the price is above 78.25$, we will continue to suggest the bullish trend for today, which targets 80.08$ as a next main station. Noting that breaking 78.25$ will push the price to...
No news for natural gas price – Forecast today – 6-6-2024
No news for natural gas price – Forecast today – 6-6-2024
Jun 6, 2024
Natural Gas Price Analysis Expected Scenario No news for natural gas price, to continue providing weak sideways trades by settling near $2.750 without recording any new positive target due to the frequent stability below $2.880 resistance, while the major indicators agree to provide the positive momentum to allow us to wait for the reaction to the positive pressures and ease...
Copyright 2023-2026 - www.financetom.com All Rights Reserved