The Hackett Group (NASDAQ:HCKT) Downgraded by BidaskClub to Strong Sell

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The Hackett Group stock has undergone multiple analysts rating changes in the recent past.  The Hackett Group Downgraded by BidaskClub on 6/30/2020. In a note to investors, the firm issued a new rating of Strong Sell. The analysts previously had rating of Sell.

Shares of The Hackett Group traded up $1.12 on Monday, reaching $13.53. 0 shares of the stock traded hands, compared to its average volume of 190977. Shares of The Hackett Group ended Monday on at $13.53. The firm’s 50 day moving average is $13.88 and its 200 day moving average is $15.03.The Hackett Group  has a 12 month low of $12.62 and a 12 month high of $18.90. While on yearly highs and lows, The Hackett Group’s today has traded high as $13.74 and has touched $12.62 on the downward trend. See More Analyst Rating at: RATING

The Hackett Group Earnings and What to expect: 

The Hackett Group last released its quarterly earnings results on May 5th, 2020. The business services provider reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. The business had revenue of $69.53 million for the quarter, compared to analyst estimates of $71.27 million. The Hackett Group has generated $0.79 earnings per share over the last year and currently has a price-to-earnings ratio of 20.2. The Hackett Group has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 4th, 2020 based off prior year’s report dates.

Earnings for The Hackett Group are expected to grow by 95.35% in the coming year, from $0.43 to $0.84 per share. The P/E ratio of The Hackett Group is 20.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.96. The P/E ratio of The Hackett Group is 20.19, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 16.83. The Hackett Group has a PEG Ratio of 2.14. PEG Ratios above 1 indicate that a company could be overvalued. The Hackett Group has a P/B Ratio of 2.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 17.30%
  • On 2/27/2017 Director Richard N. Hamlin Sell 40,000 at average share price of $20.01 which equates to $800,400.00 in money value.
  • On 3/18/2016 Director Alan T G Wix Sell 5,000 at average price of  $15.07 with total value of : Not Data Available
  • On 3/1/2016 COO David N. Dungan Sell 10,208 at average price of  $13.97 with total value of : $142,605.76

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  • 6/30/2020 – VSE was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/30/2020 – Verisign was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

The Hackett Group (NASDAQ:HCKT) Moving Average Technical Analysis

5 day Moving Average is $13.32 And 5 day price change is -$0.24 (-1.74%)  with average volume for 5 day average is 269,600. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $13.95 and 20 day price change is -$0.15 (-1.10%) and average 20 day moving volume is 197,440. 50 day moving average is $13.88  and 50 day price change is -$0.83 ( -5.78%)  and with average volume for 50 days is : 190,782. 200 day moving average is $15.03  and 200 day price change is -$3.10 (-18.64%)  and with average volume for 200 days is : 169,348.

See More Analyst Rating at: RATING