Hackett Stock Target Price and Analyst Consensus

HCKT Stock  USD 22.14  0.18  0.82%   
The current analyst and expert consensus on Hackett is Strong Buy, with only one strong buy opinion. The current projected Hackett target price consensus is 27.00 with 3 analyst opinions. The most common way Hackett Group analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Hackett executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Hackett. We encourage you to use your own analysis of Hackett Group to validate this buy or sell advice. Hackett buy-or-sell recommendation module provides average expert sentiment on the projected Hackett Group target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Hackett to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
24.57
Highest Forecast
29.97
Target Price
27
At this time, Hackett's Pretax Profit Margin is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.18 in 2024, whereas Gross Profit is likely to drop slightly above 89.8 M in 2024. At this time, Hackett's Common Stock Total Equity is comparatively stable compared to the past year. Retained Earnings Total Equity is likely to gain to about 46.7 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 21.6 M in 2024.
  
It's important to approach Hackett's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Hackett Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hackett target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Hackett's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   3  Strong Buy
Most Hackett analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Hackett stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Hackett Group, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Hackett Target Price Projection

Hackett's current and average target prices are 22.14 and 27.00, respectively. The current price of Hackett is the price at which The Hackett Group is currently trading. On the other hand, Hackett's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Hackett Market Quote on 5th of May 2024

Low Price22.03Odds
High Price22.29Odds

22.14

Target Price

Analyst Consensus On Hackett Target Price

Low Estimate24.57Odds
High Estimate29.97Odds

27.0

Historical Lowest Forecast  24.57 Target Price  27.0 Highest Forecast  29.97
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on The Hackett Group and the information provided on this page.

Hackett Analyst Ratings

Hackett's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Hackett stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Hackett's financials, market performance, and future outlook by experienced professionals. Hackett's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Hackett price targets

Hackett's stock target price is an estimate of its future price, usually made by analysts. Using Hackett's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Hackett's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Hackett's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Hackett Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Hackett is a key component of Hackett valuation and have some predictive power on the future returns of a Hackett.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hackett's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
20.2722.1424.01
Details
Intrinsic
Valuation
LowRealHigh
19.9324.8726.74
Details
Naive
Forecast
LowNextHigh
20.2422.1123.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.370.370.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hackett. Your research has to be compared to or analyzed against Hackett's peers to derive any actionable benefits. When done correctly, Hackett's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hackett Group.

Trending Themes

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When determining whether Hackett Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Hackett Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about The Hackett Group Stock. Highlighted below are key reports to facilitate an investment decision about The Hackett Group Stock:
Check out Macroaxis Advice on Hackett to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Hackett's price analysis, check to measure Hackett's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hackett is operating at the current time. Most of Hackett's value examination focuses on studying past and present price action to predict the probability of Hackett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hackett's price. Additionally, you may evaluate how the addition of Hackett to your portfolios can decrease your overall portfolio volatility.
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The data published in Hackett's official financial statements usually reflect Hackett's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Hackett Group. For example, before you start analyzing numbers published by Hackett accountants, it's critical to develop an understanding of what Hackett's liquidity, profitability, and earnings quality are in the context of the IT Services space in which it operates.
Please note, the presentation of Hackett's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hackett's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Hackett's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of The Hackett Group. Please utilize our Beneish M Score to check the likelihood of Hackett's management manipulating its earnings.