Resources Connection Company Profile (NASDAQ:RECN)

About Resources Connection

Resources Connection logoResources Connection, Inc. is a multinational consulting firm. The Company's operating entities primarily provide services under the name Resources Global Professionals (RGP). The Company provides consulting and business initiative support services to its global client base in the areas of accounting; finance; corporate governance, risk and compliance (GRC) management; corporate advisory, strategic communications and restructuring; information management; human capital; supply chain management, and legal and regulatory. The Company provides its services and solutions to a client base in a range of industries. Its finance and accounting services encompass accounting operations, financial reporting, internal controls, financial analyses and business transactions. It offers a range of technology solutions, which include enterprise resource planning systems; strategic front-of-the-house systems; human resources (HR) information systems, and supply chain management systems, among others.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Staffing & Outsourcing Services
  • Sub-Industry: Research & Consulting Services
  • Exchange: NASDAQ
  • Symbol: RECN
  • CUSIP: 76122Q10
Key Metrics:
  • Previous Close: $16.90
  • 50 Day Moving Average: $17.24
  • 200 Day Moving Average: $15.90
  • 52-Week Range: $12.30 - $19.80
  • Trailing P/E Ratio: 24.11
  • Foreward P/E Ratio: 17.98
  • P/E Growth: 2.86
  • Market Cap: $502.32M
  • Outstanding Shares: 29,723,000
  • Beta: 1.25
Profitability:
  • Net Margins: 4.40%
  • Return on Equity: 8.55%
  • Return on Assets: 6.78%
Debt:
  • Debt-to-Equity Ratio: 0.24%
  • Current Ratio: 2.55%
  • Quick Ratio: 2.55%
Additional Links:
Companies Related to Resources Connection:

Analyst Ratings

Consensus Ratings for Resources Connection (NASDAQ:RECN) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $12.00 (28.99% downside)

Analysts' Ratings History for Resources Connection (NASDAQ:RECN)
Show:
DateFirmActionRatingPrice TargetDetails
10/18/2016Deutsche Bank AGSet Price TargetSell$12.00View Rating Details
10/6/2016J P Morgan Chase & CoReiterated RatingHoldView Rating Details
10/6/2016Robert W. BairdDowngradeOutperform -> NeutralView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Resources Connection (NASDAQ:RECN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/5/2017        
1/4/2017Q217$0.19$0.16$147.60 millionViewListenView Earnings Details
10/5/2016Q1$0.16$0.15$143.40 millionViewN/AView Earnings Details
7/14/2016Q416$0.21$0.23$152.20 millionViewListenView Earnings Details
4/7/2016Q3$0.16$0.16$148.40 millionViewN/AView Earnings Details
1/6/2016Q216$0.25$0.23$150.90 millionViewN/AView Earnings Details
10/7/2015Q116$0.16$0.19$148.30 millionViewN/AView Earnings Details
7/16/2015Q415$0.22$0.21$150.34 million$148.80 millionViewListenView Earnings Details
4/8/2015Q315$0.12$0.16$146.80 millionViewN/AView Earnings Details
1/7/2015Q2 15$0.16$0.22$151.50 millionViewN/AView Earnings Details
10/2/2014Q115$0.13$0.16$143.40 millionViewListenView Earnings Details
7/17/2014Q414$0.18$0.23$154.97 million$156.80 millionViewListenView Earnings Details
4/2/2014Q3$0.05$0.06$135.40 million$132.70 millionViewListenView Earnings Details
1/2/2014Q2$0.15$0.18$139.50 million$146.00 millionViewListenView Earnings Details
10/1/2013Q114$0.12$0.09$133.43 million$131.70 millionViewN/AView Earnings Details
7/16/2013Q4 2013$0.15$0.13$141.67 million$140.20 millionViewN/AView Earnings Details
4/2/2013Q3 2013$0.11$0.11$140.88 million$138.00 millionViewN/AView Earnings Details
12/20/2012Q2 2013$0.17$0.14$143.95 million$141.20 millionViewN/AView Earnings Details
10/2/2012Q113$0.12$0.12$138.01 million$136.90 millionViewN/AView Earnings Details
7/12/2012$0.15$0.21ViewN/AView Earnings Details
3/28/2012$0.08$0.10ViewN/AView Earnings Details
1/4/2012$0.12$0.11ViewN/AView Earnings Details
10/4/2011$0.05$0.06ViewN/AView Earnings Details
7/14/2011$0.10$0.12ViewN/AView Earnings Details
3/31/2011$0.07$0.02ViewN/AView Earnings Details
1/5/2011$0.08$0.09ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Resources Connection (NASDAQ:RECN)
Current Year EPS Consensus Estimate: $0.74 EPS
Next Year EPS Consensus Estimate: $0.94 EPS

Dividends

Current Dividend Information for Resources Connection (NASDAQ:RECN)
Annual Dividend:$0.44
Dividend Yield:2.60%
Payout Ratio:62.86% (Based on Trailing 12 Months of Earnings)
59.46% (Based on Current Year Consensus EPS Estimate)
46.81% (Based on Next Year Consensus EPS Estimate)

Dividend History for Resources Connection (NASDAQ:RECN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/25/2017quarterly$0.112.51%2/14/20172/16/20173/16/2017
10/26/2016quarterly$0.113.02%11/15/201611/17/201612/15/2016
8/2/2016quarterly$0.112.94%8/22/20168/24/20169/21/2016
4/27/2016quarterly$0.102.71%5/17/20165/19/20166/16/2016
1/26/2016quarterly$0.102.75%2/16/20162/18/20163/17/2016
11/3/2015quarterly$0.102.2%11/23/201511/26/201512/24/2015
8/3/2015quarterly$0.102.46%8/21/20158/25/20159/22/2015
4/28/2015quarterly$0.082%5/19/20155/21/20156/18/2015
1/27/2015quarterly$0.081.9%2/17/20152/19/20153/19/2015
10/28/2014quarterly$0.082.09%11/18/201411/20/201412/18/2014
8/5/2014quarterly$0.082.11%8/26/20148/28/20149/25/2014
4/29/2014quarterly$0.072.06%5/20/20145/22/20146/19/2014
1/28/2014quarterly$0.072.04%2/18/20142/20/20143/20/2014
10/29/2013quarterly$0.072.16%11/19/201311/21/201312/19/2013
7/29/2013quarterly$0.072.12%8/20/20138/22/20139/19/2013
4/23/2013quarterly$0.062.17%5/14/20135/16/20136/13/2013
1/29/2013quarterly$0.061.98%2/19/20132/21/20133/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Resources Connection (NASDAQ:RECN)
Insider Ownership Percentage: 8.60%
Institutional Ownership Percentage: 98.69%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/11/2016Anne ShihDirectorSell2,430$15.08$36,644.40View SEC Filing  
1/8/2016Anthony CherbakCEOBuy2,000$14.00$28,000.00View SEC Filing  
10/9/2015Tracy B. StephensCOOSell18,000$17.04$306,720.00View SEC Filing  
7/24/2015Anthony CherbakCEOBuy1,500$15.03$22,545.00View SEC Filing  
1/14/2015Anthony CherbakCEOBuy2,000$17.14$34,280.00View SEC Filing  
1/13/2015Tracy B StephensCOOBuy1,500$16.91$25,365.00View SEC Filing  
10/29/2013Tracy B StephensCOOSell2,500$13.25$33,125.00View SEC Filing  
7/30/2013Donald B MurrayChairmanSell33,147$13.12$434,888.64View SEC Filing  
7/25/2013Kate W DucheneEVPSell25,000$13.39$334,750.00View SEC Filing  
7/24/2013Donald B MurrayChairmanSell36,045$13.18$475,073.10View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Resources Connection (NASDAQ:RECN)
DateHeadline
thestreet.com logoCash Dividend On The Way From Resources Connection (RECN) (NASDAQ:RECN)
www.thestreet.com - February 11 at 3:25 AM
biz.yahoo.com logoRESOURCES CONNECTION INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:RECN)
biz.yahoo.com - January 24 at 9:05 PM
capitalcube.com logoResources Connection, Inc. breached its 50 day moving average in a Bearish Manner : RECN-US : January 20, 2017 (NASDAQ:RECN)
www.capitalcube.com - January 20 at 10:12 PM
capitalcube.com logoETFs with exposure to Resources Connection, Inc. : January 11, 2017 (NASDAQ:RECN)
www.capitalcube.com - January 11 at 8:14 PM
capitalcube.com logoResources Connection, Inc. breached its 50 day moving average in a Bearish Manner : RECN-US : January 9, 2017 (NASDAQ:RECN)
us.rd.yahoo.com - January 9 at 8:11 PM
capitalcube.com logoResources Connection, Inc. :RECN-US: Earnings Analysis: Q2, 2017 By the Numbers : January 9, 2017 (NASDAQ:RECN)
www.capitalcube.com - January 9 at 8:11 PM
us.rd.yahoo.com logoEdited Transcript of RECN earnings conference call or presentation 4-Jan-17 10:00pm GMT (NASDAQ:RECN)
us.rd.yahoo.com - January 6 at 8:18 PM
News IconResources Connection revenue falls 2% in fiscal Q2 (NASDAQ:RECN)
www2.staffingindustry.com - January 6 at 1:19 AM
biz.yahoo.com logoQ2 2017 Resources Connection Inc Earnings Release - After Market Close (NASDAQ:RECN)
us.rd.yahoo.com - January 5 at 1:57 AM
cnbc.com logoResources Connection misses 2Q profit forecasts (NASDAQ:RECN)
www.cnbc.com - January 4 at 8:12 PM
News IconWhat To Expect From Resources Connection Inc’s (RECN) Earnings Over The Next Year? (NASDAQ:RECN)
simplywall.st - January 4 at 8:12 PM
nasdaq.com logoResources Connection Inc. Q2 Income Drops 34% (NASDAQ:RECN)
www.nasdaq.com - January 4 at 8:12 PM
publicnow.com logoResources Connection, Inc. Reports Second Quarter Results for Fiscal 2017 (NASDAQ:RECN)
www.publicnow.com - January 4 at 8:12 PM
biz.yahoo.com logoRESOURCES CONNECTION INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NASDAQ:RECN)
biz.yahoo.com - January 4 at 8:12 PM
us.rd.yahoo.com logo6:05 am Resources Connection promotes Kate Duchene to President and CEO effective December 19 (NASDAQ:RECN)
us.rd.yahoo.com - December 21 at 8:41 AM
finance.yahoo.com logoResources Connection, Inc. Announces Promotion of Kate Duchene to President and CEO (NASDAQ:RECN)
finance.yahoo.com - December 20 at 7:11 PM
News IconResources Connection, Inc. (RECN): Are Hedge Funds Right About This Stock? (NASDAQ:RECN)
feedproxy.google.com - December 9 at 2:48 PM
finance.yahoo.com logoResources Global Professionals to Announce Fiscal 2017 Second Quarter Results on January 4, 2017 (NASDAQ:RECN)
finance.yahoo.com - December 6 at 7:09 PM
publicnow.com logoResources Connection, Inc. Announces Final Results of Modified Dutch Auction Tender Offer (NASDAQ:RECN)
www.publicnow.com - November 22 at 7:19 PM
News IconResources Connection, Inc. Announces Preliminary Results of Modified Dutch Auction Tender Offer (NASDAQ:RECN)
ih.advfn.com - November 17 at 11:09 AM
publicnow.com logoRGP Hires Michael Carberry as Managing Director, Carolinas (NASDAQ:RECN)
www.publicnow.com - November 9 at 9:44 AM
marketnewsvideo.com logoNoteworthy Thursday Option Activity: SQBG, CASY, RECN (NASDAQ:RECN)
www.marketnewsvideo.com - November 4 at 10:50 AM
finance.yahoo.com logoResources Global Professionals (RGP) to Present at the J.P. Morgan Ultimate Services Investor Conference 2016 (NASDAQ:RECN)
finance.yahoo.com - October 31 at 6:52 PM
4-traders.com logoResources Global Professionals : Announces Quarterly Dividend Payment Date (NASDAQ:RECN)
www.4-traders.com - October 26 at 7:02 PM
publicnow.com logoResources Global Professionals Announces Quarterly Dividend Payment Date (NASDAQ:RECN)
www.publicnow.com - October 26 at 7:02 PM
biz.yahoo.com logoRESOURCES CONNECTION INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Finan (NASDAQ:RECN)
biz.yahoo.com - October 26 at 7:02 PM
biz.yahoo.com logoRESOURCES CONNECTION INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhi (NASDAQ:RECN)
biz.yahoo.com - October 24 at 6:42 PM
capitalcube.com logoResources Connection, Inc.: Gathering momentum, can it sustain its performance? (NASDAQ:RECN)
www.capitalcube.com - October 20 at 8:27 AM
streetinsider.com logoResources Connection (RECN) Commences 6M Share Modified Dutch Auction Tender of Common Stock (NASDAQ:RECN)
www.streetinsider.com - October 19 at 3:35 PM
capitalcube.com logoResources Connection, Inc. breached its 50 day moving average in a Bullish Manner : RECN-US : October 19, 2016 (NASDAQ:RECN)
www.capitalcube.com - October 19 at 3:35 PM
streetinsider.com logoResources Connection (RECN) Plans 6M Share Modified Dutch Auction Tender at $13.50-$16 (NASDAQ:RECN)
www.streetinsider.com - October 18 at 12:20 PM
mysmartrend.com logoResources Connection Down 23.2% Since SmarTrend Downtrend Call (RECN) (NASDAQ:RECN)
www.mysmartrend.com - October 18 at 12:20 PM
finance.yahoo.com logo8:46 am Resources Connection commences a modified 'Dutch auction' tender offer of 6 mln shares of its common stock at not greater than $16.00 nor less than $13.50 (NASDAQ:RECN)
finance.yahoo.com - October 18 at 12:20 PM
publicnow.com logoResources Connection, Inc. Announces Commencement of Modified Dutch Auction Tender Offer for up to 6,000,000 Shares of Its Common Stock (NASDAQ:RECN)
www.publicnow.com - October 18 at 12:20 PM
insidermonkey.com logoStocks Going Viral Today: Staples, Nektar Therapeutics, Sealed Air Corp, More (NASDAQ:RECN)
www.insidermonkey.com - October 18 at 12:20 PM
feeds.reuters.com logoBRIEF-Resources Connection Inc commences modified Dutch Auction tender offer (NASDAQ:RECN)
feeds.reuters.com - October 18 at 10:18 AM
biz.yahoo.com logoRESOURCES CONNECTION INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi (NASDAQ:RECN)
biz.yahoo.com - October 17 at 6:53 PM
finance.yahoo.com logoRESOURCES CONNECTION INC Financials (NASDAQ:RECN)
finance.yahoo.com - October 12 at 6:57 PM
mysmartrend.com logoResources Connection Shares Down 21.5% Since SmarTrend's Sell Call (RECN) (NASDAQ:RECN)
www.mysmartrend.com - October 11 at 7:20 PM
capitalcube.com logoResources Connection, Inc. :RECN-US: Earnings Analysis: Q1, 2017 By the Numbers : October 11, 2016 (NASDAQ:RECN)
www.capitalcube.com - October 11 at 7:20 PM
News IconPost Earnings Coverage as Resource Connection Reports Revenue Decline and Announces Change at Helm (NASDAQ:RECN)
news.investornetwork.com - October 7 at 12:10 PM
News IconResources Connection revenue falls; CEO steps down citing health (NASDAQ:RECN)
www2.staffingindustry.com - October 6 at 6:45 PM
biz.yahoo.com logoRESOURCES CONNECTION INC Files SEC form 10-Q, Quarterly Report (NASDAQ:RECN)
biz.yahoo.com - October 6 at 6:45 PM
News Icon8-K: RESOURCES CONNECTION INC (NASDAQ:RECN)
www.traderplanet.com - October 6 at 12:33 PM
cnbc.com logoResources Connection posts 1Q profit (NASDAQ:RECN)
www.cnbc.com - October 6 at 12:33 PM
rttnews.com logoResources Connection Inc. Earnings Decline 21% In Q1 (NASDAQ:RECN)
www.rttnews.com - October 6 at 12:33 PM
businesswire.com logoResources Connection, Inc. Reports First Quarter Results for Fiscal 2017 (NASDAQ:RECN)
www.businesswire.com - October 6 at 12:33 PM
fidaily.com logoDeutsche Bank Begins Coverage on Resources Connection, Inc. (RECN) With A Rating Of “Sell” (NASDAQ:RECN)
www.fidaily.com - October 6 at 12:33 PM
finance.yahoo.com logoEdited Transcript of RECN earnings conference call or presentation 5-Oct-16 9:00pm GMT (NASDAQ:RECN)
finance.yahoo.com - October 6 at 12:33 PM
capitalcube.com logoETF’s with exposure to Resources Connection, Inc. : October 6, 2016 (NASDAQ:RECN)
www.capitalcube.com - October 6 at 12:33 PM

Social

What is Resources Connection's stock symbol?

Resources Connection trades on the NASDAQ under the ticker symbol "RECN."

How often does Resources Connection pay dividends? What is the dividend yield for Resources Connection?

Resources Connection declared a quarterly dividend on Wednesday, January 25th. Shareholders of record on Thursday, February 16th will be paid a dividend of $0.11 per share on Thursday, March 16th. This represents a $0.44 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Tuesday, February 14th.

Where is Resources Connection's stock going? Where will Resources Connection's stock price be in 2017?

3 brokerages have issued 1-year price objectives for Resources Connection's shares. Their forecasts range from $12.00 to $12.00. On average, they anticipate Resources Connection's stock price to reach $12.00 in the next twelve months.

When will Resources Connection announce their earnings?

Resources Connection is scheduled to release their next quarterly earnings announcement on Wednesday, April, 5th 2017.

Who owns Resources Connection stock?

Resources Connection's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.41%), Royce & Associates LP (7.98%), FMR LLC (4.81%), State Street Corp (2.96%), Barrow Hanley Mewhinney & Strauss LLC (1.14%) and Renaissance Technologies LLC (0.67%). Company insiders that own Resources Connection stock include Anne Shih, Anthony Cherbak and Tracy B Stephens.

Who sold Resources Connection stock? Who is selling Resources Connection stock?

Resources Connection's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, FMR LLC, Martingale Asset Management L P, Two Sigma Investments LP, Renaissance Technologies LLC, State Board of Administration of Florida Retirement System, State Street Corp and New York State Teachers Retirement System.

Who bought Resources Connection stock? Who is buying Resources Connection stock?

Resources Connection's stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Guggenheim Capital LLC, Marshall Wace LLP, Systematic Financial Management LP, FNY Partners Fund LP, Wexford Capital LP, NN Investment Partners Holdings N.V. and Metropolitan Life Insurance Co. NY.

How do I buy Resources Connection stock?

Shares of Resources Connection can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Resources Connection stock cost?

One share of Resources Connection stock can currently be purchased for approximately $16.90.

Resources Connection (NASDAQ:RECN) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Resources Connection (NASDAQ:RECN)

Earnings History Chart

Earnings by Quarter for Resources Connection (NASDAQ:RECN)

Dividend History Chart

Dividend Payments by Quarter for Resources Connection (NASDAQ:RECN)

Last Updated on 2/19/2017 by MarketBeat.com Staff