NASDAQ:RECN - Resources Connection Stock Price, News, & Analysis

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$16.90 +0.05 (+0.30 %)
(As of 09/21/2018 11:55 AM ET)
Previous Close$17.20
Today's Range$16.85 - $17.20
52-Week Range$12.60 - $17.95
Volume941 shs
Average Volume151,044 shs
Market Capitalization$526.01 million
P/E Ratio17.24
Dividend Yield3.11%
Beta1.07
Resources Connection logoResources Connection, Inc. provides business consulting services under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers process transformation and optimization, financial reporting and analysis, technical and operational accounting, and merger and acquisition due diligence and integration services; new accounting standards implementation and remediation support services; and audit readiness, and preparation and response services. It also provides information management services comprising program and project management, business and technology integration, data strategy, and business performance management. In addition, the company offers corporate advisory, strategic and crisis communications, and restructuring services; and governance, risk, and compliance (GRC) management services that include governance, assessments, auditing and automation of programs managing regulatory compliance, enterprise risk management, internal audits, operational risk management, and data security and privacy services. Further, it provides strategy development, procurement and supplier management, logistics and materials management, supply chain planning and forecasting, and unique device identification compliance; and change management, organization development and effectiveness, employment engagement, compensation and incentive plan strategies and design, and optimization of human resources technology and operations. Additionally, the company offers legal and regulatory supporting services for commercial transactions, global compliance initiatives, law department operations, and law department business strategy and analytics. It also provides policyIQ, a cloud-based GRC software application. 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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Business services, not elsewhere classified
Sub-IndustryResearch & Consulting Services
SectorBusiness Services
SymbolNASDAQ:RECN
CUSIP76122Q10
Phone714-430-6400

Debt

Debt-to-Equity Ratio0.23
Current Ratio2.06
Quick Ratio2.06

Price-To-Earnings

Trailing P/E Ratio17.24
Forward P/E Ratio21.13
P/E GrowthN/A

Sales & Book Value

Annual Sales$654.13 million
Price / Sales0.81
Cash Flow$1.2141 per share
Price / Cash13.92
Book Value$8.53 per share
Price / Book1.98

Profitability

EPS (Most Recent Fiscal Year)$0.98
Net Income$18.82 million
Net Margins2.88%
Return on Equity10.03%
Return on Assets6.54%

Miscellaneous

Employees4,153
Outstanding Shares31,500,000
Market Cap$526.01 million

Resources Connection (NASDAQ:RECN) Frequently Asked Questions

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 Tuesday, July 31st. Stockholders of record on Thursday, August 23rd will be paid a dividend of $0.13 per share on Thursday, September 20th. This represents a $0.52 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Wednesday, August 22nd. This is an increase from Resources Connection's previous quarterly dividend of $0.12. View Resources Connection's Dividend History.

How were Resources Connection's earnings last quarter?

Resources Connection, Inc. (NASDAQ:RECN) announced its quarterly earnings data on Wednesday, July, 18th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by $0.01. The business services provider earned $184 million during the quarter, compared to the consensus estimate of $180.05 million. Resources Connection had a return on equity of 10.03% and a net margin of 2.88%. Resources Connection's revenue was up 23.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.20 earnings per share. View Resources Connection's Earnings History.

When is Resources Connection's next earnings date?

Resources Connection is scheduled to release their next quarterly earnings announcement on Wednesday, October, 3rd 2018. View Earnings Estimates for Resources Connection.

What price target have analysts set for RECN?

3 equities research analysts have issued twelve-month target prices for Resources Connection's shares. Their predictions range from $13.00 to $17.00. On average, they anticipate Resources Connection's share price to reach $15.3333 in the next twelve months. This suggests that the stock has a possible downside of 9.4%. View Analyst Price Targets for Resources Connection.

What is the consensus analysts' recommendation for Resources Connection?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Resources Connection in the last year. There are currently 2 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Resources Connection.

Who are some of Resources Connection's key competitors?

Who are Resources Connection's key executives?

Resources Connection's management team includes the folowing people:
  • Mr. Donald B. Murray, Co-Founder & Exec. Chairman (Age 71)
  • Ms. Kate W. Duchene, CEO, Pres & Director (Age 55)
  • Mr. Herbert M. Mueller, CFO & Exec. VP (Age 61)
  • Mr. John D. Bower, Chief Accounting Officer (Age 57)
  • Mr. Brandon Johnson, Chief Information Officer (Age 52)

Has Resources Connection been receiving favorable news coverage?

News articles about RECN stock have trended somewhat positive on Friday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Resources Connection earned a news impact score of 0.18 on Accern's scale. They also assigned news coverage about the business services provider an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Resources Connection.

Who are Resources Connection's major shareholders?

Resources Connection's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.47%), Dimensional Fund Advisors LP (7.96%), Royce & Associates LP (5.42%), River Road Asset Management LLC (2.90%), Sapience Investments LLC (1.68%) and Brandes Investment Partners LP (1.63%). View Institutional Ownership Trends for Resources Connection.

Which major investors are selling Resources Connection stock?

RECN stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Schwab Charles Investment Management Inc., Brandes Investment Partners LP, River Road Asset Management LLC, Fisher Asset Management LLC, Sapience Investments LLC, California Public Employees Retirement System and Adams Diversified Equity Fund Inc.. View Insider Buying and Selling for Resources Connection.

Which major investors are buying Resources Connection stock?

RECN stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., Deprince Race & Zollo Inc., Citadel Advisors LLC, Rice Hall James & Associates LLC, Acadian Asset Management LLC, Renaissance Technologies LLC and Engineers Gate Manager LP. View Insider Buying and Selling for Resources Connection.

How do I buy shares of Resources Connection?

Shares of RECN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Resources Connection's stock price today?

One share of RECN stock can currently be purchased for approximately $16.92.

How big of a company is Resources Connection?

Resources Connection has a market capitalization of $526.01 million and generates $654.13 million in revenue each year. The business services provider earns $18.82 million in net income (profit) each year or $0.98 on an earnings per share basis. Resources Connection employs 4,153 workers across the globe.

How can I contact Resources Connection?

Resources Connection's mailing address is 17101 ARMSTRONG AVENUE, IRVINE CA, 92614. The business services provider can be reached via phone at 714-430-6400 or via email at [email protected]


MarketBeat Community Rating for Resources Connection (NASDAQ RECN)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  153 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  445
MarketBeat's community ratings are surveys of what our community members think about Resources Connection and other stocks. Vote "Outperform" if you believe RECN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RECN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2018 by MarketBeat.com Staff

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