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Last $11.73 USD
Change Today +0.36 / 3.17%
Volume 100.4K
HCKT On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

hackett group inc/the (HCKT) Snapshot

Open
$11.39
Previous Close
$11.37
Day High
$11.89
Day Low
$11.39
52 Week High
05/18/15 - $12.12
52 Week Low
08/4/14 - $5.80
Market Cap
348.3M
Average Volume 10 Days
164.5K
EPS TTM
$0.46
Shares Outstanding
29.7M
EX-Date
06/25/15
P/E TM
25.5x
Dividend
$0.20
Dividend Yield
1.02%
Current Stock Chart for HACKETT GROUP INC/THE (HCKT)

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hackett group inc/the (HCKT) Details

The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in the United States and Western Europe. The company offers executive advisory programs, benchmarking, business transformation, and technology consulting services with corresponding offshore support. Its executive advisory programs include advisor inquiry, an inquiry service used by clients for access to fact-based advice on proven approaches and methods to increase the efficiency of selling, general, and administrative processes; best practice research, a research that provides insights into the proven approaches in use at organizations that yield superior business results; peer interaction comprising member-led webcasts, annual best practice conferences, annual member forums, membership performance surveys, and client-submitted content; and best practice intelligence center, an online searchable repository of best practices, performance metrics, conference presentations, and associated research. The company’s benchmarking services conduct studies in the areas of selling, general and administrative, finance, human resources, information technology, procurement, enterprise performance management, shared service centers, and working capital management. These services are used by clients to establish priorities, generate organizational consensus, align compensation to establish performance goals, and develop the required business case for business and technology investments. Its business transformation programs help clients to develop coordinated strategy for achieving performance improvements across the enterprise; and enterprise resource planning solutions professionals help clients choose and deploy the software applications that best meet their needs. 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.

904 Employees
Last Reported Date: 03/18/15
Founded in 1991

hackett group inc/the (HCKT) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $2.1M
Co-Founder, Vice Chairman and Chief Operating...
Total Annual Compensation: $1.3M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $530.0K
Compensation as of Fiscal Year 2014.

hackett group inc/the (HCKT) Key Developments

The Hackett Group, Inc. Declares Semi-Annual Dividend, Payable on July 10, 2015; Reports Unaudited Consolidated Earnings Results for the First Quarter Ended April 3, 2015; Provides Earnings Guidance for the Second Quarter of Fiscal 2015

The Board of Directors of The Hackett Group, Inc. increased its annual dividend to $0.20 and declared a semi-annual payment for shareholders of record on June 29, 2015 to be paid on July 10, 2015. This represents a 43% increase over the amount previously announced and a 66% increase over the amount paid in 2014. The company reported unaudited consolidated earnings results for the first quarter ended April 3, 2015. For the quarter, the company reported Total revenue of $60.974 million against $54.905 million a year ago. Income from operations was $4.635 million against $0.410 million a year ago. Income from operations before income taxes was $4.497 million against $0.287 million a year ago. Net income was $3.005 million or $0.10 per diluted share against $0.405 million or $0.01 per diluted share a year ago. Pro forma income before income taxes was $6.868 million against $3.746 million a year ago. Pro forma net income was $4.808 million or $0.16 per diluted share against $2.323 million or $0.08 per diluted share a year ago. Earnings per share in the quarter were negatively impacted by approximately $0.01 due to the impact of foreign currency fluctuations. Improved results in Europe and stronger-than-expected U.S. momentum drove the results with 83% of earnings per share improvement coming from improved operations, with the remaining 17% coming from lower global tax rates. Excluding the benefit from a lower normalized tax rate, pro forma EPS was up 83% when compared to last year. Pro forma EBITDA in the first quarter of 2015 was $7.6 million or 14% of net revenues as compared to $4.5 million or 9% of net revenues in the first quarter of 2014, an increase of 68%. Net cash utilized by operating activities in the first quarter of 2015 was $2.4 million, which was primarily driven by net income adjusted for noncash items amounting to $6.4 million, offset by decreases in accrued expenses, primarily relating to the payout of 2014 performance bonuses, decreases in accounts payable due to the timing of maintenance payments relating to AMS business and an increase in accounts receivable resulting from an increase in revenue and an increase in DSO. Based on current economic outlook, the company estimates total revenue for the second quarter of fiscal 2015 to be in the range of $61.0 million to $63.0 million, and estimates pro forma diluted earnings per share to be in the range of $0.16 to $0.18. On a total company basis, the company expects revenues to be up 2% to 3% or 5% to 6% on a constant currency basis. Unfavorable FX will also impact pro forma earnings per share by at least $0.01. Pro forma guidance excludes amortization expense, total noncash stock compensation expense and includes a normalized tax rate of 30%. The company expects pro forma SG&A and interest expense for the second quarter to be approximately $14.4 million or flat sequentially. The company expects second quarter pro forma EBITDA on net revenues to be in the range of approximately 14% to 16%.

The Hackett Group, Inc. to Report Q1, 2015 Results on May 12, 2015

The Hackett Group, Inc. announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on May 12, 2015

The Hackett Group, Inc., Q1 2015 Earnings Call, May 12, 2015

The Hackett Group, Inc., Q1 2015 Earnings Call, May 12, 2015

 

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Industry Analysis

HCKT

Industry Average

Valuation HCKT Industry Range
Price/Earnings 27.7x
Price/Sales 1.5x
Price/Book 3.8x
Price/Cash Flow 27.5x
TEV/Sales 1.4x
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