Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Hackett Group Inc before investing.

In this article, we go over a few key elements for understanding Hackett Group Inc’s stock price such as:

• Hackett Group Inc’s current stock price and volume
• Why Hackett Group Inc’s stock price changed recently
• Upgrades and downgrades for HCKT from analysts
• HCKT’s stock price momentum as measured by its relative strength

About Hackett Group Inc (HCKT)

Before we jump into Hackett Group Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

The Hackett Group, Inc. is a benchmarking, research advisory and strategic consultancy company. The Company?s segments include Global Strategy & Business Transformation (Global S&BT;), Oracle Solutions and SAP Solutions. The Global S&BT; segment includes S&BT; Consulting, Benchmarking, Executive Advisory Services, intellectual property (IP) as-a-Service Revenue (IPaaS) and OneStream. The Oracle Solutions Segment helps clients choose and deploy Oracle applications that meet their needs and objectives. SAP Solutions segment helps clients choose and deploy S4 HANA Cloud applications that meet their needs and objectives. Its services include benchmarking, executive advisory, IPaaS, market intelligence, business transformation and cloud enterprise application implementation. It also provides expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement, and information technology, including its Oracle, SAP, and other implementation offerings.

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Hackett Group Inc’s Stock Price as of Market Close

As of February 21, 2024, 4:00 PM, CST, Hackett Group Inc’s stock price was $25.05.

Hackett Group Inc is up 9.29% from its previous closing price of $22.92.

During the last market session, Hackett Group Inc’s stock traded between $22.87 and $23.35. Currently, there are 27.22 million shares of Hackett Group Inc stock available for purchase.

Hackett Group Inc’s price-earnings (P/E) ratio is currently at 18.1, which is low compared to the Business Support Services industry median of 26.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Hackett Group Inc Stock Price History

Hackett Group Inc’s (HCKT) price is currently up 8.35% so far this month.

During the month of February, Hackett Group Inc’s stock price has reached a high of $26.69 and a low of $22.38.

Over the last year, Hackett Group Inc has hit prices as high as $24.82 and as low as $17.10. Year to date, Hackett Group Inc’s stock is up 22.97%.

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What Caused Hackett Group Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 20, 2024, there were 0 analysts who downgraded Hackett Group Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Hackett Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Hackett Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Hackett Group Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Hackett Group Inc (HCKT) by visiting AAII Stock Evaluator.

Relative Price Strength of Hackett Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 20, 2024, Hackett Group Inc has a weighted four-quarter relative price strength of -4.05%, which translates to a Momentum Score of 56 and is considered to be Average.

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Hackett Group Inc Stock Price: Bottom Line

As of February 21, 2024, Hackett Group Inc’s stock price is $25.05, which is up 9.29% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Hackett Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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