Hackett Group Inc (NASDAQ: HCKT) is 19.16% higher on its value in year-to-date trading and has touched a low of $21.12 and a high of $34.02 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HCKT stock was last observed hovering at around $25.15 in the last trading session, with the day’s gains setting it 0.53%.
Currently trading at $25.68, the stock is 3.62% and 2.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 2.11% at the moment leaves the stock -8.21% off its SMA200. HCKT registered -16.41% loss for a year compared to 6-month loss of -16.35%. The firm has a 50-day simple moving average (SMA 50) of $25.0696 and a 200-day simple moving average (SMA200) of $27.97745.
The stock witnessed a 4.56% gain in the last 1 month and extending the period to 3 months gives it a -12.05%, and is 2.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.14% over the week and 2.08% over the month.
Hackett Group Inc (HCKT) has around 1478 employees, a market worth around $710.19M and $314.53M in sales. Current P/E ratio is 30.09 and Fwd P/E is 14.03. Profit margin for the company is 7.64%. Distance from 52-week low is 21.59% and -24.52% from its 52-week high. The company has generated returns on investments over the last 12 months (17.92%).
The EPS is expected to shrink by -2.18% this year
270.0 institutions hold shares in Hackett Group Inc (HCKT), with institutional investors hold 91.88% of the company’s shares. The shares outstanding are 27.65M, and float is at 24.79M with Short Float at 2.17%. Institutions hold 82.40% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.36 million shares valued at $51.28 million. The investor’s holdings represent 8.5497 of the HCKT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.03 million shares valued at $44.13 million to account for 7.3577 of the shares outstanding. The other top investors are TRIGRAN INVESTMENTS, INC. which holds 1.9 million shares representing 6.8829 and valued at over $41.29 million, while ROYCE & ASSOCIATES LP holds 5.5662 of the shares totaling 1.54 million with a market value of $33.39 million.
