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

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$16.93 -0.03 (-0.18 %)
(As of 10/16/2018 04:46 AM ET)
Previous Close$16.96
Today's Range$16.80 - $17.12
52-Week Range$13.20 - $19.50
Volume145,400 shs
Average Volume155,512 shs
Market Capitalization$522.86 million
P/E Ratio17.34
Dividend Yield3.03%
Beta1.04
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. 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 Ratio17.34
Forward P/E Ratio21.16
P/E GrowthN/A

Sales & Book Value

Annual Sales$654.13 million
Price / Sales0.82
Cash Flow$1.2242 per share
Price / Cash13.83
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

Employees4,000
Outstanding Shares31,540,000
Market Cap$522.86 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 announced a quarterly dividend on Tuesday, July 31st. Investors 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 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date is Wednesday, August 22nd. This is a positive change 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) issued its earnings results on Wednesday, October, 3rd. The business services provider reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.11 by $0.07. The business services provider had revenue of $178.60 million for the quarter, compared to analysts' expectations of $173.60 million. Resources Connection had a net margin of 2.88% and a return on equity of 10.03%. The company's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.12 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, January 2nd 2019. View Earnings Estimates for Resources Connection.

What price target have analysts set for RECN?

2 brokers have issued 1-year price targets for Resources Connection's shares. Their forecasts range from $16.00 to $17.00. On average, they anticipate Resources Connection's share price to reach $16.50 in the next year. This suggests that the stock has a possible downside of 2.5%. View Analyst Price Targets for Resources Connection.

What is the consensus analysts' recommendation for Resources Connection?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Resources Connection in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." 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, Exec. VP & Chief Information Officer (Age 52)

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 $16.93.

How big of a company is Resources Connection?

Resources Connection has a market capitalization of $522.86 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 4,000 workers across the globe.

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:  1.7 out of 5 (star)
Outperform Votes:  158 (Vote Outperform)
Underperform Votes:  295 (Vote Underperform)
Total Votes:  453
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 10/16/2018 by MarketBeat.com Staff

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