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

$13.76
-0.17 (-1.22 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$13.60
Now: $13.76
$13.88
50-Day Range
$13.76
MA: $15.58
$17.45
52-Week Range
$13.60
Now: $13.76
$17.93
Volume55,527 shs
Average Volume121,897 shs
Market Capitalization$440.73 million
P/E Ratio13.76
Dividend Yield4.02%
Beta1.21
Resources 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$729 million
Cash Flow$1.29 per share
Book Value$8.82 per share

Profitability

Net Income$31.47 million

Miscellaneous

Employees3,896
Market Cap$440.73 million
Next Earnings Date4/1/2020 (Estimated)
OptionableOptionable

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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, January 28th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.14 per share on Thursday, March 19th. This represents a $0.56 annualized dividend and a dividend yield of 4.07%. The ex-dividend date is Wednesday, February 19th. View Resources Connection's Dividend History.

How were Resources Connection's earnings last quarter?

Resources Connection, Inc. (NASDAQ:RECN) issued its quarterly earnings data on Thursday, January, 2nd. The business services provider reported $0.39 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.08. The business services provider had revenue of $184.51 million for the quarter, compared to analysts' expectations of $183 million. Resources Connection had a net margin of 4.52% and a return on equity of 11.74%. Resources Connection's revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter last year, the business posted $0.33 EPS. 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, April 1st 2020. View Earnings Estimates for Resources Connection.

Has Resources Connection been receiving favorable news coverage?

Press coverage about RECN stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Resources Connection earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Resources Connection.

Are investors shorting Resources Connection?

Resources Connection saw a decline in short interest in January. As of January 31st, there was short interest totalling 588,400 shares, a decline of 11.7% from the January 15th total of 666,300 shares. Based on an average trading volume of 150,000 shares, the days-to-cover ratio is presently 3.9 days. Currently, 1.9% of the shares of the company are sold short. View Resources Connection's Current Options Chain.

Who are some of Resources Connection's key competitors?

What other stocks do shareholders of Resources Connection own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Resources Connection investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Charles Schwab (SCHW), Endologix (ELGX), Frontier Communications (FTR), Express (EXPR), Transocean (RIG), Hudson Technologies (HDSN) and AT&T (T).

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 72)
  • Ms. Kate W. Duchene, CEO & Director (Age 56)
  • Mr. Herbert M. Mueller, CFO, Principal Accounting Officer & Exec. VP (Age 62)
  • Mr. John D. Bower, Exec. Advisor (Age 58)
  • Mr. Timothy L. Brackney, Pres & COO

Who are Resources Connection's major shareholders?

Resources Connection's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (8.33%), Palisade Capital Management LLC NJ (4.25%), River Road Asset Management LLC (3.25%), State Street Corp (3.22%), Geode Capital Management LLC (2.15%) and Bank of New York Mellon Corp (1.49%). Company insiders that own Resources Connection stock include Anthony Cherbak, Donald B Murray, Jennifer Y Ryu, John D Bower, Kate W Duchene, Michael H Wargotz and Susan J Crawford. 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 Thrivent Financial for Lutherans, Marshall Wace LLP, Connor Clark & Lunn Investment Management Ltd., Campbell & CO Investment Adviser LLC, Bank of New York Mellon Corp, Bank of America Corp DE, California Public Employees Retirement System and IndexIQ Advisors LLC. Company insiders that have sold Resources Connection company stock in the last year include Jennifer Y Ryu and Susan J Crawford. View Insider Buying and Selling for Resources Connection.

Which major investors are buying Resources Connection stock?

RECN stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, Hotchkis & Wiley Capital Management LLC, UBS Group AG, River Road Asset Management LLC, Charles Schwab Investment Management Inc., Marshall Wace North America L.P., Bank of Montreal Can and State Street Corp. 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, Robinhood, Fidelity and Charles Schwab.

What is Resources Connection's stock price today?

One share of RECN stock can currently be purchased for approximately $13.76.

How big of a company is Resources Connection?

Resources Connection has a market capitalization of $440.73 million and generates $729 million in revenue each year. The business services provider earns $31.47 million in net income (profit) each year or $1.03 on an earnings per share basis. Resources Connection employs 3,896 workers across the globe.View Additional Information About Resources Connection.

What is Resources Connection's official website?

The official website for Resources Connection is http://www.rgp.com/.

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:  2.0 out of 5 (star star)
Outperform Votes:  245 (Vote Outperform)
Underperform Votes:  378 (Vote Underperform)
Total Votes:  623
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 2/23/2020 by MarketBeat.com Staff

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