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

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$17.80 -0.10 (-0.56 %)
(As of 06/19/2018 10:01 AM ET)
Previous Close$17.80
Today's Range$17.65 - $17.80
52-Week Range$12.05 - $17.95
Volume1,200 shs
Average Volume159,489 shs
Market Capitalization$559.40 million
P/E Ratio27.97
Dividend Yield2.70%
Beta1.19
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

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 Ratio27.97
Forward P/E Ratio20.70
P/E GrowthN/A

Sales & Book Value

Annual Sales$583.41 million
Price / Sales0.96
Cash Flow$0.8380 per share
Price / Cash21.24
Book Value$8.03 per share
Price / Book2.22

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

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. Shareholders 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 annualized dividend and a yield of 2.68%. The ex-dividend date of this dividend is Wednesday, May 16th. View Resources Connection's Dividend History.

How were Resources Connection's earnings last quarter?

Resources Connection, Inc. (NASDAQ:RECN) announced its earnings results on Wednesday, April, 4th. The business services provider reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.04. The business services provider had revenue of $172.40 million for the quarter, compared to analysts' expectations of $170.50 million. Resources Connection had a return on equity of 9.15% and a net margin of 3.12%. Resources Connection's revenue for the quarter was up 19.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.09 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, July, 18th 2018. View Earnings Estimates for Resources Connection.

What price target have analysts set for RECN?

3 brokerages have issued 12-month target prices for Resources Connection's stock. Their forecasts range from $13.00 to $17.00. On average, they expect Resources Connection's stock price to reach $15.3333 in the next year. 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 & 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 stories about RECN stock have trended positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Resources Connection earned a media sentiment score of 0.48 on Accern's scale. They also gave news stories about the business services provider an impact score of 45.56 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are Resources Connection's major shareholders?

Resources Connection's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.88%), Dimensional Fund Advisors LP (8.04%), Palisade Capital Management LLC NJ (3.01%), Northern Trust Corp (1.23%), Schwab Charles Investment Management Inc. (1.23%) and Barrow Hanley Mewhinney & Strauss LLC (0.82%). 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 Barrow Hanley Mewhinney & Strauss LLC, Fisher Asset Management LLC, JPMorgan Chase & Co., California Public Employees Retirement System, Rhumbline Advisers, KBC Group NV, Palisade Capital Management LLC NJ and BNP Paribas Arbitrage SA. 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 BlackRock Inc., Algert Global LLC, Victory Capital Management Inc., Prudential Financial Inc., WBI Investments Inc., Dimensional Fund Advisors LP, Schwab Charles Investment Management Inc. and Thrivent Financial for Lutherans. 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 $17.90.

How big of a company is Resources Connection?

Resources Connection has a market capitalization of $559.40 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 (RECN)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  126 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  374
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 6/19/2018 by MarketBeat.com Staff

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