Daily Stock Analysis: The Hackett Group Inc.

The Hackett Group Inc, known by the ticker symbol HCKT, is a small cap information technology services firm in the Technology business sector. This is my first report on HCKT for my Viital stock portfolio and it was reviewed in September and December 2020 and March 2021 as for my Vista portfolio number 6.

The Hackett Group Inc is an 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. 

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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.

Three key data points gauge dividend equities or funds like The Hackett Group Inc (HCKT):

(1) Price

(2) Dividends

(3) Returns

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

HCKT Price

Hackett's price per share was $21.48 as of yesterday's market close. One year ago its price was $13.49. So, HCKT's share price increased by over 59% in the past year.

If HCKT's stock trades in the range of $15 to $25.00 this next year, its recent $21.48 price could rise by $1.52 to reach $23.00 by October 26, 2022. My estimate is $0.33 greater than the median one-year target estimate by the three analysts who track the stock for brokers.  

HCKT Dividends

Hackett's most recent quarterly dividend of  $0.10 was paid out on October 8, to shareholders. The resulting annual payout of $0.40 yields 1.86% based on yesterday's $21.48 closing price. HCKT has paid regular dividends increasing annually since December 2012: That is 8 years of increases. 

HCKT Returns

Adding the $0.40 annual estimated HCKT forward-looking dividend to my $1.52 price upside estimate shows a $1.92 potential gross gain, per share, to be reduced by any costs to trade HCKT shares.  

At yesterday's $21.48 price per share, a little over $1000 would buy 47 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.21 per share.

Subtract that maybe $0.21 brokerage cost from my estimated $1.92 gross gain per share results in a net gain of $1.71 X 47 shares = $80.37 for an 8% net gain on a $1,009.56 investment.

So it is that The Hackett Group Inc (HCKT) shows a possible 8% net gain including a 1.86% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in The Hackett Group Inc (HCKT) could generate $18.60 in cash dividends alone. But a single share bought at yesterday's closing price was $21.48! Thus, The Hackett Group Inc's share price is $2.88 greater than the dividend income from $1000.00 invested. Thus, according to my dogcatcher ideal, now is NOT the time to pickup HCKT  shares. The estimated next year's dividend from $1k invested is nearly $3 under the single share price. Consider yourself alerted to wait for HCKT price to pull back to under $20.00. It's a sign! 

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 market value.

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 ...

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