NASDAQ:RGP Resources Connection (RGP) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free RGP Stock Alerts $11.16 +0.07 (+0.63%) (As of 05/24/2024 04:00 PM ET) Add Compare Share Share Today's Range$11.04▼$11.2050-Day Range$11.01▼$13.1752-Week Range$10.59▼$17.24Volume249,900 shsAverage Volume257,613 shsMarket Capitalization$377.32 millionP/E Ratio16.91Dividend Yield5.02%Price Target$13.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Resources Connection alerts: Email Address Resources Connection MarketRank™ Stock AnalysisAnalyst RatingReduce1.50 Rating ScoreUpside/Downside21.0% Upside$13.50 Price TargetShort InterestBearish7.11% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.09Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth190.63%From $0.32 to $0.93 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.06 out of 5 starsBusiness Services Sector157th out of 313 stocksBusiness Services, Not Elsewhere Classified Industry52nd out of 89 stocks 1.8 Analyst's Opinion Consensus RatingResources Connection has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageResources Connection has only been the subject of 1 research reports in the past 90 days.Read more about Resources Connection's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.11% of the float of Resources Connection has been sold short.Short Interest Ratio / Days to CoverResources Connection has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Resources Connection has recently increased by 11.94%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipResources Connection is a leading dividend payer. It pays a dividend yield of 5.02%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthResources Connection does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Resources Connection is 84.85%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Resources Connection will have a dividend payout ratio of 60.22% next year. This indicates that Resources Connection will be able to sustain or increase its dividend.Read more about Resources Connection's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RGP. Previous Next 3.4 News and Social Media Coverage News SentimentResources Connection has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Resources Connection this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for RGP on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows2 people have added Resources Connection to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Resources Connection insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.36% of the stock of Resources Connection is held by insiders.Percentage Held by Institutions93.23% of the stock of Resources Connection is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Resources Connection's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Resources Connection are expected to grow by 190.63% in the coming year, from $0.32 to $0.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Resources Connection is 16.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Resources Connection is 16.91, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 28.09.Price to Earnings Growth RatioResources Connection has a PEG Ratio of 2.33. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioResources Connection has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Resources Connection's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About Resources Connection Stock (NASDAQ:RGP)Resources Connection, Inc. provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance. It provides transformations services comprising finance transformation, digital transformation, supply chain management, cloud migration, and data design and analytics. The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000. Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.Read More RGP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RGP Stock News HeadlinesMay 21, 2024 | finance.yahoo.comReturns On Capital Signal Tricky Times Ahead For Resources Connection (NASDAQ:RGP)April 18, 2024 | msn.comResources Connection declares $0.14 dividendApril 6, 2024 | seekingalpha.comResources Connection Earnings: Outlook Is Poor, SellApril 5, 2024 | finance.yahoo.comWomen are reentering the workforce at a record pace. Here's whyApril 4, 2024 | finance.yahoo.comResources Connection, Inc. (NASDAQ:RGP) Q3 2024 Earnings Call TranscriptApril 4, 2024 | seekingalpha.comReasons Why Resources Connection Excels In Dividend Growth And Looks CheapApril 3, 2024 | investorplace.comRGP Stock Earnings: Resources Connection Beats EPS, Misses Revenue for Q3 2024April 3, 2024 | finance.yahoo.comResources Connection Inc (RGP) Reports Decline in Q3 Revenue and Earnings, Missing Analyst EstimatesApril 3, 2024 | businesswire.comResources Connection, Inc. Reports Financial Results for Third Quarter Fiscal 2024April 3, 2024 | businesswire.comResources Connection, Inc. Announces Appointment of Bhadresh Patel as Chief Operating OfficerApril 3, 2024 | msn.comOptions Volatility and Implied Earnings Moves Today, April 03, 2024March 28, 2024 | finanznachrichten.deResources Connection, Inc.: Resources Connection to Acquire Reference Point LLCMarch 28, 2024 | businesswire.comResources Connection to Acquire Reference Point LLCMarch 20, 2024 | businesswire.comResources Connection, Inc. to Announce Fiscal 2024 Third Quarter Results on April 3, 2024March 16, 2024 | finance.yahoo.comRGP Apr 2024 15.000 callMarch 11, 2024 | tmcnet.comRemote.It Launches Channel Partner Program for Networking Connectivity ManagementMarch 7, 2024 | businesswire.comResources Connection to Participate in the Sidoti Virtual Investor ConferenceFebruary 24, 2024 | benzinga.comResources Connection Stock (NASDAQ:RGP), Short Interest ReportFebruary 17, 2024 | finance.yahoo.comRGP Mar 2024 12.500 putFebruary 13, 2024 | finance.yahoo.comRGP Poll Provides a Pulse on Workforce Investment Priorities in 2024January 8, 2024 | finance.yahoo.comResources Connection, Inc. Just Recorded A 27% EPS Beat: Here's What Analysts Are Forecasting NextJanuary 6, 2024 | markets.businessinsider.comMaintaining Hold on Resources Connection Amidst Subdued Demand and Financial DeclinesJanuary 5, 2024 | finance.yahoo.comResources Connection Second Quarter 2024 Earnings: EPS Beats ExpectationsJanuary 4, 2024 | msn.comWhy Resources Connection Shares Are Trading Higher By Over 6%; Here Are 20 Stocks Moving PremarketJanuary 4, 2024 | finance.yahoo.comResources Connection, Inc. (NASDAQ:RGP) Q2 2024 Earnings Call TranscriptSee More Headlines Receive RGP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Resources Connection and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/03/2024Ex-Dividend for 6/13 Dividend5/15/2024Ex-Dividend for 6/13 Dividend5/15/2024Today5/27/2024Fiscal Year End5/31/2024Dividend Payable6/13/2024Dividend Payable6/13/2024Next Earnings (Estimated)7/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:RGP CUSIPN/A CIK1084765 Webwww.rgp.com Phone(714) 430-6400Fax714-428-6090Employees4,062Year FoundedN/APrice Target and Rating Average Stock Price Target$13.50 High Stock Price Target$14.00 Low Stock Price Target$13.00 Potential Upside/Downside+21.0%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.66 Trailing P/E Ratio16.91 Forward P/E Ratio34.88 P/E Growth2.33Net Income$54.36 million Net Margins3.34% Pretax Margin5.30% Return on Equity6.86% Return on Assets5.42% Debt Debt-to-Equity RatioN/A Current Ratio2.99 Quick Ratio2.99 Sales & Book Value Annual Sales$775.64 million Price / Sales0.49 Cash Flow$2.15 per share Price / Cash Flow5.18 Book Value$12.34 per share Price / Book0.90Miscellaneous Outstanding Shares33,810,000Free Float31,319,000Market Cap$377.32 million OptionableOptionable Beta0.66 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Donald B. Murray (Age 77)Co-Founder & Independent Chairman Comp: $400kMs. Kate W. Duchene (Age 61)CEO, President & Director Comp: $1.91MMs. Jennifer Y. Ryu (Age 49)CFO & Executive VP Comp: $1MMr. Bhadresh PatelChief Operating OfficerMr. Michael AllenVice President of F&A and Technology & DigitalMr. Keith GoldenChief Information OfficerLauren A. ElkersonCorporate Secretary & Chief Legal OfficerJulie ShaverSenior Vice President of Corporate Development & StrategyMs. Katy ConwayChief People OfficerMs. Suzanne Stanton (Age 63)Senior Vice President of Revenue More ExecutivesKey CompetitorsLimelight NetworksNASDAQ:LLNWSezzleNASDAQ:SEZLSpree Acquisition Corp. 1NYSE:SHAPPriority TechnologyNASDAQ:PRTHPaysignNASDAQ:PAYSView All CompetitorsInsiders & InstitutionsHancock Whitney CorpBought 7,145 shares on 5/17/2024Ownership: 0.083%Comerica BankSold 1,651 shares on 5/17/2024Ownership: 0.039%Jacobs Levy Equity Management Inc.Bought 137,604 shares on 5/16/2024Ownership: 1.168%Kennedy Capital Management LLCSold 1,331 shares on 5/16/2024Ownership: 0.273%California State Teachers Retirement SystemSold 1,987 shares on 5/16/2024Ownership: 0.094%View All Insider TransactionsView All Institutional Transactions RGP Stock Analysis - Frequently Asked Questions Should I buy or sell Resources Connection stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Resources Connection in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" RGP shares. View RGP analyst ratings or view top-rated stocks. What is Resources Connection's stock price target for 2024? 2 equities research analysts have issued 1 year price targets for Resources Connection's shares. Their RGP share price targets range from $13.00 to $14.00. On average, they anticipate the company's stock price to reach $13.50 in the next year. This suggests a possible upside of 21.0% from the stock's current price. View analysts price targets for RGP or view top-rated stocks among Wall Street analysts. How have RGP shares performed in 2024? Resources Connection's stock was trading at $14.17 on January 1st, 2024. Since then, RGP shares have decreased by 21.2% and is now trading at $11.16. View the best growth stocks for 2024 here. When is Resources Connection's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024. View our RGP earnings forecast. How were Resources Connection's earnings last quarter? Resources Connection, Inc. (NASDAQ:RGP) issued its earnings results on Wednesday, April, 3rd. The company reported $0.17 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.18. The firm earned $151.31 million during the quarter, compared to analysts' expectations of $152.77 million. Resources Connection had a net margin of 3.34% and a trailing twelve-month return on equity of 6.86%. The firm's quarterly revenue was down 19.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.32 earnings per share. How often does Resources Connection pay dividends? What is the dividend yield for Resources Connection? Resources Connection announced a quarterly dividend on Thursday, April 18th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.14 per share on Thursday, June 13th. This represents a $0.56 annualized dividend and a yield of 5.02%. The ex-dividend date is Wednesday, May 15th. Read our dividend analysis for RGP. Is Resources Connection a good dividend stock? Resources Connection (NASDAQ:RGP) pays an annual dividend of $0.56 per share and currently has a dividend yield of 5.02%. RGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 84.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, RGP will have a dividend payout ratio of 60.22% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RGP. What ETF holds Resources Connection's stock? Invesco S&P SmallCap High Dividend Low Volatility ETF holds 28,980 shares of RGP stock, representing 1.10% of its portfolio. What guidance has Resources Connection issued on next quarter's earnings? Resources Connection updated its fourth quarter 2024 earnings guidance on Thursday, April, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $137.0 million-$142.0 million, compared to the consensus revenue estimate of $161.2 million. What is Michael J. (Mike) Bradley's approval rating as Resources Connection's CEO? 2 employees have rated Resources Connection Chief Executive Officer Michael J. (Mike) Bradley on Glassdoor.com. Michael J. (Mike) Bradley has an approval rating of 100% among the company's employees. This puts Michael J. (Mike) Bradley in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are Resources Connection's major shareholders? Resources Connection's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.16%), Horrell Capital Management Inc. (1.94%), Jacobs Levy Equity Management Inc. (1.17%), Invenomic Capital Management LP (0.87%), Assenagon Asset Management S.A. (0.50%) and Principal Financial Group Inc. (0.49%). Insiders that own company stock include Anthony Cherbak, David P White, Donald B Murray, Kate W Duchene, Maltzan Marco Von and Timothy L Brackney. View institutional ownership trends. How do I buy shares of Resources Connection? Shares of RGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RGP) was last updated on 5/28/2024 by MarketBeat.com Staff From Our PartnersDigitizing the $11T commodities sector with one tiny stockResource Stock DigestTim Sykes’ Urgent Trade Alert: “Make this move now”Timothy SykesThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarElon’s New Device is About to Shock the WorldInvestorPlaceWARNING about the death of the U.S. dollar…Colonial MetalsHe Is Giving Away BitcoinCrypto Swap ProfitsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressTrump’s “Tax Free” Retirement Strategy Gold Safe Exchange Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Resources Connection, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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