The Hackett Group Inc, known by the ticker symbol (HCKT), is a small cap Information Technology Services firm operating in the Technology business sector. This is my third report on HCKT for this Viital stock portfolio, I also reviewed HCKT four times as a candidate for my fifth Volio portfolio in, 2020 and 2021.
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Image: The Hackett Group
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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 $20.99 as of yesterday's market close. One year ago its price was $14.69. Therefore Hackett's share price rose $6.30 or nearly 43% in the past year.
If Hackett's stock trades in the range of $15.00 to $30.00 this next year, its recent $20.99 share price might rise by $5.01 to reach $26.00 by January 6, 2023. This estimate is the median of annual share price increases estimated by three analysts covering HCKT for brokers.
HCKT Dividends
Hackett's most recent quarterly dividend of $0.10 was paid December 30th, to shareholders of record December 16th. That quarterly dividend, added to future equal payouts equals $0.40 annually and yields 1.91% per yesterday's $20.99 closing price.
The Hackett Group Inc has paid dividends progressing from annual to quarterly payouts since December 18, 2012. That will come to 10 years in December.
HCKT Returns
Adding the $0.40 annual estimated HCKT forward-looking dividend to analysts $5.01 price upside estimate shows a $5.41 potential gross gain, per share, to be reduced by any costs to trade HCKT shares.
At yesterday's $20.99 price per share, a little over $1000 would buy 48 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 $5.41 gross gain per share results in a net gain of $5.20 X 48 shares = $249.60 for a 24.95% net gain on a $1,007.52 investment.
So it is that The Hackett Group Inc shows a possible 24.95% net gain including a 1.91% forward estimated dividend yield.
Over the next year at this time a $1000 investment in The Hackett Group Inc could generate $19.10 in cash dividends alone. Note that a single share of HCKT stock bought at yesterday's closing price was $20.99. Therefore, HCKT's share price is less than the dividend income from $1000.00 invested. So, by my dogcatcher ideal, now is not a prime time to pickup The Hackett Group Inc shares. The estimated next-year dividend from $1K invested is less than HCKT's single share price. Consider yourself alerted. Its a sign! Wait for HCKT price to drop below $20.00
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.
