Daily Stock Analysis: The Hackett Group - Nov. 2022

By Fredrik Arnold

Wednesday, November 2, 2022 5:30 AM EST

The Hackett Group Inc, has the ticker symbol HCKT. This is my very first report on Hackett for my Viking portfolio. However I have reported on and selected HCKT for one of my previous seven portfolios.

The Hackett Group Inc is an advisory firm. The company's offerings include executive advisory programs, benchmarking, executive advisory, business transformation, and cloud enterprise application implementation.

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.

Three key data points gauge

The Hackett Group, Inc:

(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 $21.51 at Monday’s market close. However, in the past year, Hackett’s share price rose by $0.44 or about 2%.

If Hackett’s stock trades in the range of $15.00 to $30.00 this next year, its recent $20.51 per share price might reach $26.00 by next year. My upside increase estimate of $4.49 is $2.67 under the median of annual price target estimates from three analysts covering HCKT for brokerages.

HCKT Dividends

Hackett’s most recently declared quarterly dividend of $0.11 per share equals $0.44 annually and casts a yield of 2.05%.

HCKT Returns

Adding the $0.44 annual HCKT dividend to my one-year price upside estimate of $4.49 shows a $4.93 potential gross gain per share.

At Tuesday’s $21.51 closing price, a little over $1000 would buy 46 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us $0.22 per share.

Subtract that maybe $0.22 brokerage cost from my estimated $4.93 gross gain per share results in a net gain of $4.71 X 46 shares = $216.66 for a 21.6% net gain including a 2.05% annual yield.

In a year our $1K investment in shares of The Hackett Group, Inc would generate $20.50 in cash dividends. Of course, a single share of HCKT stock at Tuesday's $21.51 share price is over $1.01 more than the annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this is NOT a good time to buy HCKT shares based on their dividends for the year 2022-23. The dividend from $1K invested is $1.01 less than HCKT’s single share price. Consider yourself alerted. Wait for The Hackett Group, Inc share price to drop a dollar to $20.51

All of the estimates above are speculation based on the past history of The Hackett Group, Inc . Only time and money invested in this stock will determine its market value.

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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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