Still No Decisive Breakout as SPX Tests 5783 The S&P 500 (SPX) remains just below 5783, which is the upper-end of an important target/resistance area we have discussed for over a month (5670-5783). 5670 was the prior all-time high set in July, while 5783 is 2% above 5670. It is hard to call it a "decisive" breakout if the SPX is not even 2% above its prior high, and, importantly, in 2007, the SPX made a top after climbing 1-2% above its prior high. To reiterate, the 2007 topping analog has trac...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
BZH currently trades near recent lows relative to UAFRS-based (Uniform) Earnings, with a 6.7x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to decline from 11% in 2018 to 5% in 2023, accompanied by 1% Uniform Asset growth going forward. However, analysts have bullish expectations, projecting Uniform ROA to expand to 13% through 2020, accompanied by 3% Uniform Asset shrinkage. Moreover, management is confident in structural plan options, their balanced growth...
The Hackett Group, Inc. (HCKT:USA) is currently trading above corporate averages relative to UAFRS-based (Uniform) Earnings, with a 13.8x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to decline from 55% in 2018 to 26% in 2023, levels the firm hasn't seen since before the 2009 recession. Specifically, markets appear to be pricing in expectations for competitive pressures to negatively impact profitability, and for HCKT's product differentiation efforts for ...
MIAMI--(BUSINESS WIRE)-- The Hackett Group, Inc. (NASDAQ: HCKT), a global intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm, today announced its financial results for the first quarter, which ended on March 30, 2018. Q1 2018 net revenue was $67.5 million, up 4% from prior year. Q1 2018 gross revenue was $72.7 million, up 2% from prior year. The actual Q1 2018 reimbursable expense ratio on net revenue was 7.8% versus 9.8% from the prior y...
MIAMI--(BUSINESS WIRE)-- The Hackett Group, Inc. (NASDAQ: HCKT) today announced that it will release financial results for the first quarter ended March 30, 2018 on Tuesday, May 8, 2018 after the close of regular market hours. Following the release, the senior management will discuss first quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (800) 369-2134, [Passcode: First Quarter]. For International callers, please dial (212) 547-0413. Please dial in at least 5-10 min...
MIAMI & LONDON--(BUSINESS WIRE)-- Procurement organizations have significantly shrunk the capability gap in digital transformation over the past year, with two thirds now having a strategy in place and nearly half having the resources and competencies needed to execute, according to new Procurement Key Issues research from The Hackett Group, Inc. (NASDAQ: HCKT). Procurement leaders expect to rely on digital transformation to help them achieve an array of critical objectives in 2018, including cost-cutting, improving agility, and ...
MIAMI & LONDON--(BUSINESS WIRE)-- Faster adoption of digital tools is critical if finance is to deliver on its key mandates in 2018 -- to help companies drive growth while holding down cost, according to new Finance Key Issues Research from The Hackett Group, Inc. (NASDAQ:HCKT). Finance also faces significant budget constraints of its own in 2018, which can also be addressed in part through digital transformation, the research found. Unlocking the value of digital transformation is emerging as a strategic impe...
MIAMI & LONDON--(BUSINESS WIRE)-- Despite another year of flat to decreasing budgets and headcounts, HR organizations are focused on helping their companies unlock the value of digital transformation this year, according to 2018 Key Issues Research from The Hackett Group, Inc. (NASDAQ: HCKT). But while most HR executives recognize the future potential of digital technology to transform the enterprise as well as HR roles and operating models, less than half feel their organizations have the resources and capabilities in place to ...
MIAMI & LONDON--(BUSINESS WIRE)-- Support for enterprise analytics and development of IT talent are two top priority areas for CIOs in 2018, as companies seek to unlock the value of digital business, according to new key issues research from The Hackett Group, Inc. (NASDAQ: HCKT). But companies’ efforts to deploy and derive value from digital tools are likely to be handicapped by low capability maturity in these two key areas and a lack of initiative to improve over the coming year. The research also found that IT budgets are...
MIAMI--(BUSINESS WIRE)-- The Hackett Group, Inc. (Nasdaq:HCKT), an intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices digital transformation firm, has been invited to present at the 30th Annual ROTH Capital Partners Conference, which is being held on March 11-14, 2018 at The Ritz-Carlton, Laguna Niguel in Dana Point, California. Ted A. Fernandez, Chairman & CEO of The Hackett Group, is scheduled to present on Monday, March 12th at 7:00 am. Pacific time, with one-on-one ...
MIAMI--(BUSINESS WIRE)-- The Hackett Group, Inc. (NASDAQ:HCKT), a global intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices implementation firm, today announced its financial results for the fourth quarter and fiscal year, which ended on December 29, 2017. Fourth quarter 2017 net revenue (gross revenue less reimbursable expenses) was $64.5 million, up 2.5%, as compared to prior year. Fiscal year 2017 net revenue was $263.3 million, up 1.3%, as compared to prior year...
MIAMI--(BUSINESS WIRE)-- The Hackett Group, Inc. (NASDAQ: HCKT) today announced that it will release financial results for the fourth quarter ended December 29, 2017 on Tuesday, February 20, 2018 after the close of regular market hours. Following the release, the senior management will discuss fourth quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (844) 358-9115, [Passcode: Fourth Quarter]. For International callers, please dial (209) 905-5950. Please dial in at le...
MIAMI & LONDON--(BUSINESS WIRE)-- The Hackett Group, Inc. (NASDAQ: HCKT) today announced the launch of The Hackett Institute, offering professional education programs informed by The Hackett Group’s unmatched intellectual property derived from its benchmarking data, proprietary research and Best Practices Intelligence Center™. Flagship offerings of the Hackett Institute include programs for Certified GBS Professionals (CGBSP) and Certified Enterprise Analytics Professionals (CEAP). These offerings rely on a next-genera...
MIAMI--(BUSINESS WIRE)-- The Hackett Group, Inc. (NASDAQ: HCKT), a global intellectual property-based strategic consultancy and leading enterprise benchmarking and best practices implementation firm, today announced its financial results for the third quarter, which ended on September 29, 2017. Q3 2017 gross revenue was $71.5 million, down 4% from prior year, and net revenue (gross revenue less reimbursable expenses) was $65.9 million, down 1% from prior year. Q3 2017 pro forma diluted earnings per share were $0.26, up...
MIAMI & LONDON--(BUSINESS WIRE)-- Typical finance organizations can substantially narrow the gap between their cost levels and that of top performers, and top performers can become even better by leveraging digital transformation, according to new world-class finance research from The Hackett Group, Inc. (NASDAQ: HCKT). A public version of the research, “Raising the World-Class Bar in Finance Through Digital Transformation,” is available on a complimentary basis, with registration, at this link: https://www.thehackettg...
MIAMI--(BUSINESS WIRE)-- The Hackett Group, Inc. (NASDAQ: HCKT) today announced that it will release financial results for the third quarter ended September 29, 2017 on Tuesday, November 7, 2017 after the close of regular market hours. Following the release, the senior management will discuss third quarter results in a conference call at 5:00 P.M. ET. The number for the conference call is (844) 358-9115, [Passcode: Third Quarter]. For International callers, please dial (209) 905-5950. Please dial in at least...
MIAMI & LONDON--(BUSINESS WIRE)-- At Oracle OpenWorld 2017, The Hackett Group, Inc. (NASDAQ: HCKT) launched its Digital Transformation Platform™, a proprietary Oracle Cloud diagnostic and implementation system. Using the platform, companies can improve ROI and optimize their Oracle cloud configurations using The Hackett Group’s performance targets, best practices and inventory of optimized cloud configuration solutions. This platform allows companies to quickly and easily identify areas of opportunity and performance g...
MIAMI & LONDON--(BUSINESS WIRE)-- Aecus, a company of The Hackett Group (NASDAQ: HCKT) today announced the winners of the 2017 Aecus Automation Awards, which spotlights companies that are on the cutting edge of digital transformation, including smart automation, robotic process automation, cognitive computing, and advanced analytics. The Aecus Automation Awards winners encompass some of the hottest trends in digital transformation technology, and spotlights the advances being made in this critical area and the strategic busin...
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