The Hackett Group (NASDAQ:HCKT) Posts Earnings Results, Hits Expectations

The Hackett Group (NASDAQ:HCKT) announced its quarterly earnings results on Tuesday. The business services provider reported $0.34 earnings per share for the quarter, meeting the consensus estimate of $0.34, FiscalAI reports. The Hackett Group had a net margin of 4.75% and a return on equity of 26.70%. The Hackett Group updated its Q3 2026 guidance to 0.370-0.390 EPS.

The Hackett Group Stock Performance

HCKT traded up $0.01 during mid-day trading on Tuesday, reaching $11.32. 377,118 shares of the company traded hands, compared to its average volume of 340,854. The company’s fifty day moving average price is $10.66 and its 200-day moving average price is $12.89. The stock has a market capitalization of $285.15 million, a P/E ratio of 21.36, a P/E/G ratio of 0.87 and a beta of 0.92. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 1.19. The Hackett Group has a 52-week low of $9.15 and a 52-week high of $23.28.

Wall Street Analyst Weigh In

Several brokerages have commented on HCKT. Roth Capital set a $17.00 target price on The Hackett Group in a research note on Wednesday, May 6th. Zacks Research raised The Hackett Group from a “strong sell” rating to a “hold” rating in a report on Monday, July 6th. Barrington Research dropped their price objective on The Hackett Group from $17.00 to $16.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Wall Street Zen downgraded The Hackett Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of The Hackett Group in a research report on Monday, July 6th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $16.50.

Institutional Trading of The Hackett Group

Hedge funds have recently bought and sold shares of the company. Quadrant Capital Group LLC bought a new position in The Hackett Group in the fourth quarter valued at about $41,000. Tower Research Capital LLC TRC grew its position in The Hackett Group by 566.2% during the second quarter. Tower Research Capital LLC TRC now owns 5,703 shares of the business services provider’s stock valued at $145,000 after buying an additional 4,847 shares during the period. The Manufacturers Life Insurance Company grew its position in The Hackett Group by 7.8% during the second quarter. The Manufacturers Life Insurance Company now owns 9,773 shares of the business services provider’s stock valued at $248,000 after buying an additional 707 shares during the period. Creative Planning purchased a new stake in The Hackett Group during the third quarter valued at approximately $309,000. Finally, State of Wyoming raised its position in The Hackett Group by 15.9% in the second quarter. State of Wyoming now owns 12,816 shares of the business services provider’s stock worth $326,000 after acquiring an additional 1,755 shares during the period. Hedge funds and other institutional investors own 78.12% of the company’s stock.

The Hackett Group Company Profile

The Hackett Group is a global strategic advisory firm specializing in business transformation, benchmarking and research. Leveraging a proprietary data repository and the Hackett Methodology®, the company helps organizations optimize performance across enterprise functions. Its advisory services span digital transformation, process optimization and operational excellence, enabling clients to identify best practices, streamline workflows and achieve sustainable cost savings.

Through detailed benchmarking studies and industry research, The Hackett Group delivers actionable insights into finance, procurement, human resources, information technology and supply chain management.