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

Resources Connection trades on the NASDAQ under the ticker symbol "RECN."

Resources Connection declared 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 3.36%. The ex-dividend date is Wednesday, May 16th. View Resources Connection's Dividend History.

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

Resources Connection is scheduled to release their next quarterly earnings announcement on Tuesday, October, 2nd 2018. View Earnings Estimates for Resources Connection.

3 brokerages have issued 1-year target prices for Resources Connection's shares. Their forecasts range from $13.00 to $17.00. On average, they expect Resources Connection's share price to reach $15.3333 in the next year. This suggests a possible upside of 7.2% from the stock's current price. View Analyst Ratings 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."

Some companies that are related to Resources Connection include EVO Payments (EVOP), CAPITA Grp/ADR (CTAGY), Emerald Expositions Events (EEX), Tabula Rasa HealthCare (TRHC), Radware (RDWR), CBIZ (CBZ), Cardtronics (CATM), Viad (VVI), eXp World (EXPI), TechTarget (TTGT), Cass Information Systems (CASS), Exela Technologies (XELA), Qiwi (QIWI), QuinStreet (QNST) and B. Riley Financial (RILY).

Media stories about RECN stock have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Resources Connection earned a media sentiment score of 0.24 on Accern's scale. They also gave headlines about the business services provider an impact score of 44.90 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Resources Connection's stock is owned by many different of retail and institutional investors. Top institutional investors include Deprince Race & Zollo Inc. (1.21%) and Fisher Asset Management LLC (0.55%). View Institutional Ownership Trends for Resources Connection.

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.

RECN stock was purchased by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc.. View Insider Buying and Selling for 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.

One share of RECN stock can currently be purchased for approximately $14.30.

Resources Connection has a market capitalization of $450.66 million and generates $654.13 million in revenue each year. The business services provider earns $18.65 million in net income (profit) each year or $0.98 on an earnings per share basis. Resources Connection employs 3,301 workers across the globe.

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]