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Resources Connection (RGP)
NASDAQ:RGP
Resources Connection (RGP) Stock Price & Analysis
84 Followers
RGP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.75 - $16.30
Previous Close$10.23
Volume491.41K
Average Volume (3M)543.11K
Market Cap
$345.85M
Enterprise Value$246.81M
Total Cash (Recent Filing)$113.84M
Total Debt (Recent Filing)$14.80M
Price to Earnings (P/E)15.5
Beta0.55
Next Earnings
Jul 18, 2024EPS Estimate
$0.06Last Dividend Ex-Date
May 15, 2024Dividend Yield5.31%
Share Statistics
EPS (TTM)0.66
Shares Outstanding33,807,459
10 Day Avg. Volume1,514,527
30 Day Avg. Volume543,113
Standard Deviation0.07
R-Squared0.24
Alpha-0.00729
Financial Highlights & Ratios
Price to Book (P/B)1.90
Price to Sales (P/S)0.46
Price to Cash Flow (P/CF)4.30
P/FCF Ratio4.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.37
Enterprise Value/Gross Profit0.79
Enterprise Value/Ebitda17.88
Forecast
1Y Price Target
$15.00Price Target Upside46.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Resources Connection News
PremiumCompany Announcements
Resources Connection Expands Board, Appoints New Director
PremiumCompany Announcements
Resources Connection Names Bhadreskumar Patel as New COOBulls Say, Bears Say
Bulls Say
Financial StrategyRGP is well capitalized to fund growth, both organic and inorganic, and make necessary investments in the business.
Market PositionRGP is viewed as a disruptor in the rapidly evolving management consulting field focused on improving outcomes for both its consulting clients as well as staff.
Shareholder ReturnsRGP has a history of returning excess capital to shareholders, with RGP shares sporting a 4.8% dividend yield and $45 million remaining under a share repurchase authorization.
Bears Say
Demand TrendsDemand trends continue to be very sluggish as clients are slow to start new projects while existing projects move to completion.
Economic UncertaintyEconomic uncertainty is expected to persist until interest rates begin to decline, likely further delaying client 'go forward' moves on projects.
Financial PerformanceFQ4 guidance was below expectations, indicating potential revenue gaps.
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Ownership Overview
9.18% Insiders
26.63% Mutual Funds
40.52% Other Institutional Investors
23.67% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RGP FAQ
What was Resources Connection’s price range in the past 12 months?
Resources Connection lowest stock price was $9.74 and its highest was $16.30 in the past 12 months.
What is Resources Connection’s market cap?
Currently, no data Available
When is Resources Connection’s upcoming earnings report date?
Resources Connection’s upcoming earnings report date is Jul 18, 2024 which is in 12 days.
How were Resources Connection’s earnings last quarter?
Resources Connection released its earnings results on Apr 03, 2024. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.017 by $0.153.
Is Resources Connection overvalued?
According to Wall Street analysts Resources Connection’s price is currently Undervalued.
Does Resources Connection pay dividends?
Resources Connection pays a Quarterly dividend of $0.14 which represents an annual dividend yield of 5.31%. See more information on Resources Connection dividends here
What is Resources Connection’s EPS estimate?
Resources Connection’s EPS estimate is $0.06.
How many shares outstanding does Resources Connection have?
Resources Connection has 33,807,460 shares outstanding.
What happened to Resources Connection’s price movement after its last earnings report?
Resources Connection reported an EPS of $0.17 in its last earnings report, beating expectations of $0.017. Following the earnings report the stock price went down -7.585%.
Which hedge fund is a major shareholder of Resources Connection?
Among the largest hedge funds holding Resources Connection’s share is Royce & Associates LLC. It holds Resources Connection’s shares valued at 24M.
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Resources Connection Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$15.00 (46.63% Upside)
$15.00 (46.63% Upside)
Blogger Sentiment
Bullish
RGP Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 57.5K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.95%
12-Months-Change
Fundamentals
Return on Equity
5.44%
Trailing 12-Months
Asset Growth
-1.72%
Trailing 12-Months
Company Description
Resources Connection
Resources Connection Inc. engages in the provision of business consulting services. It offers consulting and business initiative support services to its global client base in the areas of accounting, finance, corporate governance risk and compliance management, corporate advisory strategic communications and restructuring, information management, human capital, supply chain management, healthcare solutions, and legal and regulatory. The company was founded by Donald Brian Murray in June 1996 and is headquartered in Irvine CA.
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RGP Earnings Call
Q3 2024
0:00 / 0:00
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RGP Stock 12 Month Forecast
Average Price Target
$15.00
▲(46.63% Upside)
Technical Analysis
Best Analysts Covering RGP
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+11.97%
reiterated a sell rating 3 months ago
Copying Andrew Steinerman's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +11.97% per trade.
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