The Hackett Group Inc. (NASDAQ:HCKT) went up by 0.07% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Information Technology Services giant went up by $13.54 to trade ended Tuesday trading at $13.53. This is up from the $13.53 price recorded on Monday’s trading session. Thanks to this latest performance, HCKT is closer to the higher price 52-week target of $20.00 and further from the lowest price target of $18.00. Its performance from the start of the year has also been negative, with HCKT down by -16.11% year-to-date.
The Hackett Group Inc. (HCKT) started the day trading at $13.46 and recorded an intraday high of $13.7116. It also recorded an intraday low of $13.28 during Tuesday’s trading session. The Hackett Group Inc. is a very active stock that recorded a trading volume that is less than -28.73% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 154880, which is less than -28.73 of the total average daily trading volume of 199.38K.
The Hackett Group Inc. (NASDAQ:HCKT) 2020 Performance Impressive
The increase in HCKT’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of HCKT currently stands at $18.90, which is higher than the current trading price of the stock by 28.36%. However, HCKT’s current trading price is -42.53% lower than the 52-week low price of $9.50. In terms of trading volume, The Hackett Group Inc. currently experienced healthy participation during the last trading session. 154880 shares of The Hackett Group Inc. were traded on the stock exchange on Tuesday, which is less than -28.73% of the 199.38K average trading volume of the stock.
The performance of the stock has been positive over the past year. HCKT’s performance over the past one year has seen it plunge by -19.93%, while the stock has gone down by -14.74% in the last six months. The quarterly performance of HCKT currently stands at 6.45%, and it is down by -1.02% in the last month. The only negative figure was from the weekly performance, which currently reads -1.56%. At the time of writing HCKT’s report, the company has a total market cap of $435.58M, making it one of the largest publicly-traded companies in the world.The Hackett Group Inc. also has over 1143 employees all over the world.
HCKT Insider Activities
For The Hackett Group Inc., insiders hold 81.40% of all company shares. The insider transactions over the past six months are up by 1.70%. During that period, insiders bought 89,099 shares in 7 transactions. In that same period, insiders sold 37,361 of their shares in 4 transactions. After these transactions, insiders at The Hackett Group Inc. now hold 5.21M shares, which is over 80.02% of the total company stocks. Institutional investors currently hold a large chunk of the HCKT shares, as they control 17.38% of the company’s total stock.
HCKT Fundamental Analysis
For The Hackett Group Inc., the stock’s diluted earnings per share (EPS) stands at 0.67. In the coming year, analysts expect the EPS to be 1.02. The EPS growth will up over the next five years to 13.50% after surging by 17.20% in the previous five years. In terms of revenue, The Hackett Group Inc.’s quarterly sales (YOY) is growing at 0.04, which is lower than the average annual revenue of 17.20% over the past half a decade.
The Return on Investment (ROI) on The Hackett Group Inc.’s stock currently stands at 17.10%, and it has a net profit margin of 7.60%. The operating margin of the company is 10.70%, and its gross margin is 33.90%.
HCKT Analysts Prediction
In February 19, 2020, several analysts reiterated their positions on the The Hackett Group Inc. stock and predicted its performance to their investors. The analysts at Craig Hallum believe HCKT is still a Buy and set the price target between $18 and $20. Another analyst that has a Outperform rating for HCKT is Barrington Research, which set a price target of between $22 and $23.
SunTrust and ROTH Capital also believe that The Hackett Group Inc.’s stock is outperforming at the moment.
HCKT Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of HCKT currently stands at -2.96%, while the SMA50 is -2.43%. The biggest one is the SMA200, which is currently reading -9.91% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 46.91, while its price to earnings ratio (P/E) is 20.18.