NASDAQ:RECN - Resources Connection Stock Price, Price Target & More

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$17.20 -0.30 (-1.71 %)
(As of 07/17/2018 05:27 AM ET)
Previous Close$17.50
Today's Range$17.05 - $17.50
52-Week Range$12.05 - $17.95
Volume57,000 shs
Average Volume140,424 shs
Market Capitalization$551.51 million
P/E Ratio26.88
Dividend Yield2.77%
Beta1.23
Resources Connection logoResources Connection, Inc. provides agile consulting services in North America, Europe, and the Asia Pacific. The company offers finance and accounting services, including process transformation and optimization, financial reporting and analysis, technical and operational accounting, merger and acquisition due diligence and integration, audit readiness, preparation and response, implementation of new accounting standards, and remediation support. It also provides information management services, such as program and project management, business and technology integration, data strategy, and business performance management. In addition, the company offers corporate advisory, strategic communications, and restructuring services; and corporate governance, risk, and compliance management services, such as contract and regulatory compliance, enterprise risk management, internal controls management, and operation and information technology (IT) audits. Further, it provides supply chain management services comprising strategy development, procurement and supplier management, logistics and materials management, supply chain planning and forecasting, and unique device identification compliance; and human capital services, including change management, organization development and effectiveness, compensation and incentive plan strategies, 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 strategies and analytics. It also provides policyIQ, a proprietary cloud-based governance, risk, and compliance 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 Ratio2.30
Quick Ratio2.30

Price-To-Earnings

Trailing P/E Ratio26.88
Forward P/E Ratio20.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$583.41 million
Price / Sales0.93
Cash Flow$0.8214 per share
Price / Cash20.94
Book Value$8.03 per share
Price / Book2.14

Profitability

EPS (Most Recent Fiscal Year)$0.64
Net Income$18.65 million
Net Margins3.12%
Return on Equity9.15%
Return on Assets6.05%

Miscellaneous

Employees3,301
Outstanding Shares31,510,000
Market Cap$551.51

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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 announced a quarterly dividend on Wednesday, April 25th. Stockholders of record on Thursday, May 17th will be paid a dividend of $0.12 per share on Thursday, June 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date is Wednesday, 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, 4th. The business services provider reported $0.19 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.04. The business services provider earned $172.40 million during the quarter, compared to the consensus estimate of $170.50 million. Resources Connection had a return on equity of 9.15% and a net margin of 3.12%. The firm's revenue for the quarter was up 19.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.09 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, July, 18th 2018. View Earnings Estimates for Resources Connection.

What price target have analysts set for RECN?

3 Wall Street analysts have issued twelve-month target prices for Resources Connection's stock. 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 10.9%. View Analyst Ratings 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."

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 & 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?

Media coverage about RECN stock has been trending positive this week, according to Accern. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Resources Connection earned a news impact score of 0.28 on Accern's scale. They also assigned media headlines about the business services provider an impact score of 45.15 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Resources Connection's major shareholders?

Resources Connection's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.55%). View Institutional Ownership Trends for Resources Connection.

Which institutional investors are selling Resources Connection stock?

RECN stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC. 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 $17.20.

How big of a company is Resources Connection?

Resources Connection has a market capitalization of $551.51 million and generates $583.41 million in revenue each year. The business services provider earns $18.65 million in net income (profit) each year or $0.64 on an earnings per share basis. Resources Connection employs 3,301 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:  136 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  398
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 7/17/2018 by MarketBeat.com Staff

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