Daily Stock Analysis: The Hackett Group (HCKT)

A new portfolio of stocks I started building last Tuesday, September 8, named Vista, will select its second stock this coming weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today we'll review the third of five Technology sector stock candidates vying to be the second selection in the Vista portfolio.

My subject today is an information technology services company named, The Hackett Group Inc. Its trading ticker symbol is HCKT. This is my first report on The Hackett Grouo Inc. (HCKT) for my new Vista portfolio. I did look at it a couple of times for my previous Volio Portfolio.

The Hackett Group Inc is a United States-based advisory firm. The company's offerings include executive advisory programs, benchmarking, business transportation, and technology advisory services. 

The company's executive and practices advisory programs offer performance metrics, peer-learning opportunities, and practice implementation practices. 

Benchmarking services help organizations measure and assess internal efficiency and effectiveness. The business transformation programs help customers develop strategies to improve performance.

The company's technology advisory services help clients improve decision-making capabilities and deploy software applications. 

The Hackett Group generates the majority of its revenue in the United States.

The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in 2008. 

The Hackett Group, Inc. was founded in 1991 and is headquartered in Miami, Florida.

I use three key data points to gauge dividend equities or funds like The Hackett Grouo Inc. (HCKT):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

HCKT Price

Hackett's price per share closed at $12.14 yesterday. A year ago its price was $16.65. Price fell to $4.51 or just over 27% last year.

If Hackett's stock trades in the range of $10 to $20 this next year, its recent $12.14 price might rise by $2.87 to reach $15.00 by September 16, 2021. 

HCKT Dividends

Hackett's most recently declared quarterly dividend was $0.095 payable October 9th and will total $0.38 annually and yield 3.13% at yesterday's $12.14 closing price.

HCKT Gains?

Adding the $0.38 annual anticipated dividend to my $2.87 optimistic estimate of Hackett's price upside shows a $3.25 potential gross gain, per share, to be reduced by any costs to trade the shares.  

If we put little under $1,000.00 today in The Hackett Group Inc. at $12.14, we would buy 82 shares of HCKT stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.12 per share.

Subtract that $0.12 brokerage cost from my estimated $3.25 gross gain per share results in a net gain of $3.13 X 82 shares = $256.66 for a 25.7% net gain on a $995.48 investment.

Thus, The Hackett Group Inc. (HCKT) shows a possible 25.7% net gain including a 3.13% dividend yield. It could be more, it could be less. 

All of the estimates above are speculation based on the past history of The Hackett Group Inc. (HCKT). Only time and money invested in this stock will determine its worth.

Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.