Resources Connection Company Profile (NASDAQ:RECN)

About Resources Connection (NASDAQ:RECN)

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
  • Symbol: NASDAQ:RECN
  • CUSIP: 76122Q10
  • Web: www.rgp.com
Capitalization:
  • Market Cap: $375.11 million
  • Outstanding Shares: 29,653,000
Average Prices:
  • 50 Day Moving Avg: $13.56
  • 200 Day Moving Avg: $16.13
  • 52 Week Range: $12.41 - $19.80
P/E:
  • Trailing P/E Ratio: 19.58
  • Foreward P/E Ratio: 14.54
  • P/E Growth: 2.35
Sales & Book Value:
  • Annual Revenue: $587.31 million
  • Price / Sales: 0.64
  • Book Value: $7.88 per share
  • Price / Book: 1.61
Dividend:
  • Annual Dividend: $0.44
  • Dividend Yield: 3.4%
Profitability:
  • EBIDTA: $46.28 million
  • 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%
Misc:
  • Average Volume: 137,337 shs.
  • Beta: 1.25
  • Short Ratio: 4.1
 

Frequently Asked Questions for Resources Connection (NASDAQ:RECN)

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 announced a quarterly dividend on Tuesday, April 25th. Stockholders of record on Thursday, May 18th will be paid a dividend of $0.11 per share on Thursday, June 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.48%. The ex-dividend date is Tuesday, May 16th. View Resources Connection's Dividend History.

How were Resources Connection's earnings last quarter?

Resources Connection, Inc. (NASDAQ:RECN) issued its quarterly earnings results on Wednesday, April, 5th. The company reported $0.09 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.14 by $0.05. The firm earned $143.80 million during the quarter, compared to analysts' expectations of $145.88 million. Resources Connection had a return on equity of 8.55% and a net margin of 4.40%. Resources Connection's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 earnings per share. View Resources Connection's Earnings History.

When will Resources Connection make its next earnings announcement?

Resources Connection is scheduled to release their next quarterly earnings announcement on Wednesday, July, 12th 2017. View Earnings Estimates for Resources Connection.

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

3 brokers have issued 12 month price objectives for Resources Connection's stock. Their forecasts range from $12.00 to $12.00. On average, they anticipate Resources Connection's share price to reach $12.00 in the next twelve months. View Analyst Ratings for Resources Connection.

Who are some of Resources Connection's key competitors?

Who owns Resources Connection stock?

Resources Connection's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.54%), Dimensional Fund Advisors LP (8.43%), Royce & Associates LP (6.95%), FMR LLC (4.79%), River Road Asset Management LLC (4.52%) and Palisade Capital Management LLC NJ (3.04%). Company insiders that own Resources Connection stock include Anne Shih, Anthony Cherbak and Tracy B Stephens. View Institutional Ownership Trends for Resources Connection.

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, Renaissance Technologies LLC, Vanguard Group Inc., State Street Corp, TIAA CREF Investment Management LLC, Parametric Portfolio Associates LLC, Prudential Financial Inc. and Deprince Race & Zollo Inc.. View Insider Buying and Selling for Resources Connection.

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 River Road Asset Management LLC, Morgan Stanley, Ameriprise Financial Inc., Fisher Asset Management LLC, KBC Group NV, Citadel Advisors LLC, JPMorgan Chase & Co. and Pacific Ridge Capital Partners LLC. View Insider Buying and Selling for Resources Connection.

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 $12.65.

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 (5.14% downside)

Analysts' Ratings History for Resources Connection (NASDAQ:RECN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2016Deutsche Bank AGSet Price TargetSell$12.00N/AView Rating Details
10/6/2016JPMorgan Chase & Co.Reiterated RatingHoldN/AView Rating Details
10/6/2016Robert W. BairdDowngradeOutperform -> NeutralN/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Resources Connection (NASDAQ:RECN)
Earnings by Quarter for Resources Connection (NASDAQ:RECN)
Earnings History by Quarter for Resources Connection (NASDAQ:RECN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/12/2017        
4/5/2017Q3 2017$0.14$0.09$145.88 million$143.80 millionViewListenView Earnings Details
1/4/2017Q217$0.19$0.16$145.61 million$147.56 millionViewListenView Earnings Details
10/5/2016Q1$0.16$0.15$142.53 million$143.39 millionViewN/AView Earnings Details
7/14/2016Q416$0.21$0.23$150.70 million$152.52 millionViewListenView Earnings Details
4/7/2016Q3$0.16$0.16$148.60 million$146.78 millionViewN/AView Earnings Details
1/6/2016Q216$0.25$0.23$153.83 million$150.89 millionViewN/AView Earnings Details
10/7/2015Q116$0.16$0.19$146.19 million$148.34 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$148.50 million$146.83 millionViewN/AView Earnings Details
1/7/2015Q2 15$0.16$0.22$147.93 million$151.50 millionViewN/AView Earnings Details
10/2/2014Q115$0.13$0.16$140.17 million$143.45 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: $0.68 EPS
Next Year EPS Consensus Estimate: $0.87 EPS

Dividends

Current Dividend Information for Resources Connection (NASDAQ:RECN)
Next Dividend:6/15/2017
Annual Dividend:$0.44
Dividend Yield:3.48%
Payout Ratio:62.86% (Trailing 12 Months of Earnings)
64.71% (Based on This Year's Estimates)
50.57% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Resources Connection (NASDAQ:RECN)

Dividend History by Quarter for Resources Connection (NASDAQ:RECN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/25/2017quarterly$0.113.03%5/16/20175/18/20176/15/2017
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 and Institutional Ownership History for Resources Connection (NASDAQ:RECN)
Insider Ownership Percentage: 8.60%
Institutional Ownership Percentage: 98.69%
Insider Trades by Quarter for Resources Connection (NASDAQ:RECN)
Institutional Ownership by Quarter for Resources Connection (NASDAQ:RECN)
Insider Trades by Quarter for Resources Connection (NASDAQ:RECN)
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

Headline Trends for Resources Connection (NASDAQ:RECN)
Latest Headlines for Resources Connection (NASDAQ:RECN)
Source:
DateHeadline
americanbankingnews.com logo$148.36 Million in Sales Expected for Resources Connection, Inc. (RECN) This Quarter
www.americanbankingnews.com - May 14 at 11:14 AM
americanbankingnews.com logoResources Connection, Inc. (RECN) Expected to Announce Earnings of $0.22 Per Share
www.americanbankingnews.com - May 12 at 9:53 AM
latimes.com logoEarly lessons from tough bosses took Kate Duchene into the problem-solving business
www.latimes.com - May 7 at 6:40 AM
americanbankingnews.com logoResources Connection (RECN) Earning Somewhat Favorable Media Coverage, Report Shows
www.americanbankingnews.com - May 3 at 3:28 PM
americanbankingnews.com logoResources Connection (RECN) Earns Daily News Sentiment Rating of 0.34
www.americanbankingnews.com - April 30 at 9:46 AM
americanbankingnews.com logoResources Connection (RECN) Earns Daily Coverage Optimism Score of 0.16
www.americanbankingnews.com - April 28 at 1:04 AM
americanbankingnews.com logoResources Connection, Inc. (RECN) to Issue Quarterly Dividend of $0.11
www.americanbankingnews.com - April 25 at 6:33 PM
americanbankingnews.com logoResources Connection (RECN) Given Daily Coverage Optimism Rating of -0.22
www.americanbankingnews.com - April 23 at 11:03 AM
americanbankingnews.com logo Analysts Expect Resources Connection, Inc. (RECN) Will Announce Earnings of $0.22 Per Share
www.americanbankingnews.com - April 21 at 7:27 AM
americanbankingnews.com logo Resources Connection, Inc. (RECN) Given $14.67 Average Price Target by Analysts
www.americanbankingnews.com - April 17 at 12:10 PM
americanbankingnews.com logoResources Connection (RECN) Given Daily News Sentiment Score of 0.10
www.americanbankingnews.com - April 16 at 2:15 PM
americanbankingnews.com logoResources Connection (RECN) Earns Daily Coverage Optimism Rating of 0.10
www.americanbankingnews.com - April 13 at 8:15 PM
finance.yahoo.com logoETFs with exposure to Resources Connection, Inc. : April 11, 2017
finance.yahoo.com - April 11 at 7:19 PM
finance.yahoo.com logoWeakness Seen in Resources Connection, Inc. (RECN) Estimates: Should You Stay Away?
finance.yahoo.com - April 11 at 10:02 AM
finance.yahoo.com logoResources Connection, Inc. :RECN-US: Earnings Analysis: Q3, 2017 By the Numbers : April 10, 2017
finance.yahoo.com - April 10 at 7:02 PM
americanbankingnews.com logoResources Connection, Inc. (RECN) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 8 at 7:25 AM
nasdaq.com logoResources Connection Inc. (RECN) Has Dropped To A 5-Month Low After Q3 Miss
www.nasdaq.com - April 7 at 12:14 PM
rttnews.com logoResources Connection Inc. (RECN) Sank On Disappointing Q3 Earnings
www.rttnews.com - April 7 at 12:14 PM
finance.yahoo.com logoResources Connection, Inc. Reports Fiscal 2017 Third Quarter Results
finance.yahoo.com - April 7 at 12:14 PM
finance.yahoo.com logoResources Connection misses Street 3Q forecasts
finance.yahoo.com - April 7 at 12:14 PM
finance.yahoo.com logoEdited Transcript of RECN earnings conference call or presentation 5-Apr-17 9:00pm GMT
finance.yahoo.com - April 7 at 12:14 PM
americanbankingnews.com logoResources Connection, Inc. (RECN) Issues Quarterly Earnings Results
www.americanbankingnews.com - April 5 at 9:21 PM
americanbankingnews.com logoResources Connection, Inc. (RECN) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - April 4 at 7:32 AM
americanbankingnews.com logo Resources Connection, Inc. (RECN) Given Consensus Recommendation of "" by Analysts
www.americanbankingnews.com - March 27 at 11:50 AM
finance.yahoo.com logoResources Global Professionals to Announce Fiscal 2017 Third Quarter Results on April 5, 2017
finance.yahoo.com - March 7 at 7:21 PM
thestreet.com logoCash Dividend On The Way From Resources Connection (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
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 9, 2017
us.rd.yahoo.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
us.rd.yahoo.com - January 6 at 8:18 PM
biz.yahoo.com logoQ2 2017 Resources Connection Inc Earnings Release - After Market Close
us.rd.yahoo.com - January 5 at 1:57 AM
cnbc.com logoResources Connection misses 2Q profit forecasts
www.cnbc.com - January 4 at 8:12 PM
nasdaq.com logoResources Connection Inc. Q2 Income Drops 34%
www.nasdaq.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
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
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
finance.yahoo.com - December 20 at 7:11 PM
finance.yahoo.com logoResources Global Professionals to Announce Fiscal 2017 Second Quarter Results on January 4, 2017
finance.yahoo.com - December 6 at 7:09 PM
finance.yahoo.com logoResources Global Professionals (RGP) to Present at the J.P. Morgan Ultimate Services Investor Conference 2016
finance.yahoo.com - October 31 at 6:52 PM
biz.yahoo.com logoRESOURCES CONNECTION INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Finan
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
biz.yahoo.com - October 24 at 6:42 PM
streetinsider.com logoResources Connection (RECN) Commences 6M Share Modified Dutch Auction Tender of Common Stock
www.streetinsider.com - October 19 at 3:35 PM
streetinsider.com logoResources Connection (RECN) Plans 6M Share Modified Dutch Auction Tender at $13.50-$16
www.streetinsider.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
finance.yahoo.com - October 18 at 12:20 PM
biz.yahoo.com logoRESOURCES CONNECTION INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi
biz.yahoo.com - October 17 at 6:53 PM
finance.yahoo.com logoRESOURCES CONNECTION INC Financials
finance.yahoo.com - October 12 at 6:57 PM
biz.yahoo.com logoRESOURCES CONNECTION INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - October 6 at 6:45 PM
cnbc.com logoResources Connection posts 1Q profit
www.cnbc.com - October 6 at 12:33 PM
rttnews.com logoResources Connection Inc. Earnings Decline 21% In Q1
www.rttnews.com - October 6 at 12:33 PM
businesswire.com logoResources Connection, Inc. Reports First Quarter Results for Fiscal 2017
www.businesswire.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
finance.yahoo.com - October 6 at 12:33 PM
biz.yahoo.com logoQ1 2017 Resources Connection Inc Earnings Release - After Market Close
biz.yahoo.com - October 5 at 12:16 PM

Social

Chart

Resources Connection (RECN) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff