The Hackett Group’s (HCKT) Outperform Rating Reiterated at Barrington Research

Barrington Research restated their outperform rating on shares of The Hackett Group (NASDAQ:HCKT) in a research note published on Thursday morning,Benzinga reports. They currently have a $27.00 price objective on the business services provider’s stock.

Separately, Weiss Ratings upgraded shares of The Hackett Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $27.00.

The Hackett Group Stock Up 0.9%

NASDAQ HCKT opened at $16.17 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.88 and a current ratio of 1.88. The Hackett Group has a one year low of $15.89 and a one year high of $34.02. The company has a market capitalization of $438.69 million, a P/E ratio of 42.55, a P/E/G ratio of 1.02 and a beta of 1.03. The stock has a 50 day moving average price of $19.46 and a 200-day moving average price of $19.73.

Institutional Trading of The Hackett Group

Large investors have recently bought and sold shares of the business. Quaker Wealth Management LLC increased its stake in The Hackett Group by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 1,143 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 2,286 shares during the period. Huntington National Bank grew its holdings in shares of The Hackett Group by 147.7% during the third quarter. Huntington National Bank now owns 1,635 shares of the business services provider’s stock worth $31,000 after buying an additional 975 shares during the last quarter. MAI Capital Management grew its holdings in shares of The Hackett Group by 98.4% during the third quarter. MAI Capital Management now owns 1,730 shares of the business services provider’s stock worth $33,000 after buying an additional 858 shares during the last quarter. Danske Bank A S purchased a new stake in The Hackett Group during the 4th quarter valued at approximately $49,000. Finally, Copeland Capital Management LLC raised its stake in The Hackett Group by 28.3% during the 3rd quarter. Copeland Capital Management LLC now owns 3,299 shares of the business services provider’s stock valued at $63,000 after acquiring an additional 727 shares during the last quarter. Institutional investors and hedge funds own 78.12% of the company’s stock.

About The Hackett Group

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.