Resources Connection Company Profile (NASDAQ:RECN)

About Resources Connection (NASDAQ:RECN)

Resources Connection, Inc. is a multinational consulting firm. The Company's operating entities primarily provide services under the name Resources Global Professionals (RGP). The Company provides consulting and business initiative support services to its global client base in the areas of accounting; finance; corporate governance, risk and compliance (GRC) management; corporate advisory, strategic communications and restructuring; information management; human capital; supply chain management, and legal and regulatory. The Company provides its services and solutions to a client base in a range of industries. Its finance and accounting services encompass accounting operations, financial reporting, internal controls, financial analyses and business transactions. It offers a range of technology solutions, which include enterprise resource planning systems; strategic front-of-the-house systems; human resources (HR) information systems, and supply chain management systems, among others.

Industry, Sector and Symbol:

Sector: Business Services
Industry: Business Support Services - NEC
Sub-Industry: Research & Consulting Services
Symbol: NASDAQ:RECN
CUSIP: 76122Q10
Web: www.rgp.com

Capitalization:

Market Cap: $367.36 million
Outstanding Shares: 29,867,000

Average Prices:

50 Day Moving Avg: $13.41
200 Day Moving Avg: $14.43
52 Week Range: $12.05 - $19.80

P/E:

Trailing P/E Ratio: 22.23
Foreward P/E Ratio: 15.00
P/E Growth: 2.19

Sales & Book Value:

Annual Revenue: $583.41 million
Price / Sales: 0.63
Book Value: $8.03 per share
Price / Book: 1.53

Dividend:

Annual Dividend: $0.44
Dividend Yield: 3.9%

Profitability:

EBIDTA: $41.75 million
Net Margins: 3.20%
Return on Equity: 8.08%
Return on Assets: 5.76%

Debt:

Debt-to-Equity Ratio: 0.20%
Current Ratio: 2.32%
Quick Ratio: 2.32%

Misc:

Average Volume: 105,361 shs.
Beta: 1.2
Short Ratio: 2.14

Frequently Asked Questions for Resources Connection (NASDAQ:RECN)

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, August 2nd. Investors of record on Thursday, August 24th will be given a dividend of $0.12 per share on Thursday, September 21st. This represents a $0.48 annualized dividend and a yield of 3.90%. The ex-dividend date of this dividend is Tuesday, August 22nd. This is a positive change from Resources Connection's previous quarterly dividend of $0.11. View Resources Connection's Dividend History.

How were Resources Connection's earnings last quarter?

Resources Connection, Inc. (NASDAQ:RECN) issued its earnings results on Thursday, July, 20th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.22 by $0.02. The company had revenue of $148.60 million for the quarter, compared to analyst estimates of $148.46 million. Resources Connection had a return on equity of 8.08% and a net margin of 3.20%. The firm's revenue was down 2.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.23 EPS. View Resources Connection's Earnings History.

When will Resources Connection make its next earnings announcement?

Resources Connection is scheduled to release their next quarterly earnings announcement on Tuesday, October, 3rd 2017. View Earnings Estimates for Resources Connection.

Where is Resources Connection's stock going? Where will Resources Connection's stock price be in 2017?

3 brokers have issued twelve-month target prices for Resources Connection's shares. Their predictions range from $12.00 to $12.00. On average, they anticipate Resources Connection's stock price to reach $12.00 in the next twelve months. View Analyst Ratings for Resources Connection.

Who are some of Resources Connection's key competitors?

Some companies that are related to Resources Connection include Ituran Location and Control (ITRN), Huron Consulting Group (HURN), Restore PLC (RST), Everi Holdings (EVRI), Johnson Service Group plc (JSG), Mistras Group (MG), Touchstone Innovations PLC (IVO), Vectrus (VEC), Cape PLC (CIU), Willdan Group (WLDN), Interserve plc (IRV), Hogg Robinson Group plc (HRG), Information Services Group (III), Acacia Research Corporation (ACTG), General Finance Corporation (GFN), Inspired Energy PLC (INSE), Performant Financial Corporation (PFMT) and Begbies Traynor Group plc (BEG).

Who are Resources Connection's key executives?

Resources Connection's management team includes the folowing people:

Donald B. Murray, Chairman of the Board
Kate W. Duchene, President, Chief Executive Officer, Secretary
Herbert M. Mueller, Chief Financial Officer, Executive Vice President
A. Robert Pisano, Lead Independent Director
Anthony C. Cherbak, Director
Susan J. Crawford, Independent Director
Neil F. Dimick CPA, Independent Director
Robert F. Kistinger, Independent Director

Who owns Resources Connection stock?

Resources Connection's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.71%), Dimensional Fund Advisors LP (8.34%), Royce & Associates LP (7.95%), River Road Asset Management LLC (3.99%), Palisade Capital Management LLC NJ (3.09%) and State Street Corp (2.91%). Company insiders that own Resources Connection stock include Anne Shih, Anthony Cherbak and Tracy B Stephens. View Institutional Ownership Trends for Resources Connection.

Who sold Resources Connection stock? Who is selling Resources Connection stock?

Resources Connection's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, River Road Asset Management LLC, Ameriprise Financial Inc., Northern Trust Corp, Thrivent Financial For Lutherans, TIAA CREF Investment Management LLC, Bank of New York Mellon Corp and Goldman Sachs Group Inc.. View Insider Buying and Selling for Resources Connection.

Who bought Resources Connection stock? Who is buying Resources Connection stock?

Resources Connection's stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Brandes Investment Partners LP, JPMorgan Chase & Co., AXA, Sapience Investments LLC, Vanguard Group Inc., Fisher Asset Management LLC and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Resources Connection.

How do I buy Resources Connection stock?

Shares of Resources Connection can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Resources Connection's stock price today?

One share of Resources Connection stock can currently be purchased for approximately $12.30.

MarketBeat Community Rating for Resources Connection (NASDAQ RECN)

Community Ranking:		1.4 out of 5 ()
Outperform Votes:		64 (Vote Outperform)
Underperform Votes:		160 (Vote Underperform)
Total Votes:		224

MarketBeat's community ratings are surveys of what our community members think about Resources Connection and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Resources Connection (NASDAQ:RECN) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	1 Sell Rating, 2 Hold Ratings
Consensus Rating:	Hold (Score: 1.67)
Consensus Price Target:	$12.00 (2.44% downside)

Analysts' Ratings History for Resources Connection (NASDAQ:RECN)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
7/21/2017	Deutsche Bank AG	Lower Price Target	Sell	$14.00 -> $12.00	Low
10/6/2016	J P Morgan Chase & Co	Reiterated Rating	Hold		N/A
10/6/2016	Robert W. Baird	Downgrade	Outperform -> Neutral		N/A

(Data available from 8/22/2015 forward)

Earnings History for Resources Connection (NASDAQ:RECN)

Earnings by Quarter for Resources Connection (NASDAQ:RECN)

Earnings History by Quarter for Resources Connection (NASDAQ RECN)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/3/2017		$0.17					N/A
7/20/2017	Q4 2017	$0.22	$0.20	$148.46 million	$148.60 million	View	N/A
4/5/2017	Q3 2017	$0.14	$0.09	$145.88 million	$143.80 million	View	Listen
1/4/2017	Q217	$0.19	$0.16	$145.61 million	$147.56 million	View	Listen
10/5/2016	Q1	$0.16	$0.15	$142.53 million	$143.39 million	View	N/A
7/14/2016	Q416	$0.21	$0.23	$150.70 million	$152.52 million	View	Listen
4/7/2016	Q3	$0.16	$0.16	$148.60 million	$146.78 million	View	N/A
1/6/2016	Q216	$0.25	$0.23	$153.83 million	$150.89 million	View	N/A
10/7/2015	Q116	$0.16	$0.19	$146.19 million	$148.34 million	View	N/A
7/16/2015	Q415	$0.22	$0.21	$150.34 million	$148.80 million	View	Listen
4/8/2015	Q315	$0.12	$0.16	$148.50 million	$146.83 million	View	N/A
1/7/2015	Q2 15	$0.16	$0.22	$147.93 million	$151.50 million	View	N/A
10/2/2014	Q115	$0.13	$0.16	$140.17 million	$143.45 million	View	Listen
7/17/2014	Q414	$0.18	$0.23	$154.97 million	$156.80 million	View	Listen
4/2/2014	Q3	$0.05	$0.06	$135.40 million	$132.70 million	View	Listen
1/2/2014	Q2	$0.15	$0.18	$139.50 million	$146.00 million	View	Listen
10/1/2013	Q114	$0.12	$0.09	$133.43 million	$131.70 million	View	N/A
7/16/2013	Q4 2013	$0.15	$0.13	$141.67 million	$140.20 million	View	N/A
4/2/2013	Q3 2013	$0.11	$0.11	$140.88 million	$138.00 million	View	N/A
12/20/2012	Q2 2013	$0.17	$0.14	$143.95 million	$141.20 million	View	N/A
10/2/2012	Q113	$0.12	$0.12	$138.01 million	$136.90 million	View	N/A
7/12/2012		$0.15	$0.21			View	N/A
3/28/2012		$0.08	$0.10			View	N/A
1/4/2012		$0.12	$0.11			View	N/A
10/4/2011		$0.05	$0.06			View	N/A
7/14/2011		$0.10	$0.12			View	N/A
3/31/2011		$0.07	$0.02			View	N/A
1/5/2011		$0.08	$0.09			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Resources Connection (NASDAQ:RECN)

Current Year EPS Consensus Estimate: $0.70 EPS
Next Year EPS Consensus Estimate: $0.82 EPS

Current Dividend Information for Resources Connection (NASDAQ:RECN)

Next Dividend:	9/21/2017
Annual Dividend:	$0.44
Dividend Yield:	3.58%
Payout Ratio:	80.00% (Trailing 12 Months of Earnings) 62.86% (Based on This Year's Estimates) 53.66% (Based on Next Year's Estimates)

Dividend Payments by Quarter for Resources Connection (NASDAQ:RECN)

Dividend History by Quarter for Resources Connection (NASDAQ RECN)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/2/2017	quarterly	$0.12	3.61%	8/22/2017	8/24/2017	9/21/2017
4/25/2017	quarterly	$0.11	3.03%	5/16/2017	5/18/2017	6/15/2017
1/25/2017	quarterly	$0.11	2.51%	2/14/2017	2/16/2017	3/16/2017
10/26/2016	quarterly	$0.11	3.02%	11/15/2016	11/17/2016	12/15/2016
8/2/2016	quarterly	$0.11	2.94%	8/22/2016	8/24/2016	9/21/2016
4/27/2016	quarterly	$0.10	2.71%	5/17/2016	5/19/2016	6/16/2016
1/26/2016	quarterly	$0.10	2.75%	2/16/2016	2/18/2016	3/17/2016
11/3/2015	quarterly	$0.10	2.2%	11/23/2015	11/26/2015	12/24/2015
8/3/2015	quarterly	$0.10	2.46%	8/21/2015	8/25/2015	9/22/2015
4/28/2015	quarterly	$0.08	2%	5/19/2015	5/21/2015	6/18/2015
1/27/2015	quarterly	$0.08	1.9%	2/17/2015	2/19/2015	3/19/2015
10/28/2014	quarterly	$0.08	2.09%	11/18/2014	11/20/2014	12/18/2014
8/5/2014	quarterly	$0.08	2.11%	8/26/2014	8/28/2014	9/25/2014
4/29/2014	quarterly	$0.07	2.06%	5/20/2014	5/22/2014	6/19/2014
1/28/2014	quarterly	$0.07	2.04%	2/18/2014	2/20/2014	3/20/2014
10/29/2013	quarterly	$0.07	2.16%	11/19/2013	11/21/2013	12/19/2013
7/29/2013	quarterly	$0.07	2.12%	8/20/2013	8/22/2013	9/19/2013
4/23/2013	quarterly	$0.06	2.17%	5/14/2013	5/16/2013	6/13/2013
1/29/2013	quarterly	$0.06	1.98%	2/19/2013	2/21/2013	3/21/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Resources Connection (NASDAQ:RECN)

Insider Ownership Percentage: 8.60%
Institutional Ownership Percentage: 84.08%

Institutional Ownership by Quarter for Resources Connection (NASDAQ:RECN)

Insider Trades by Quarter for Resources Connection (NASDAQ:RECN)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
5/11/2016	Anne Shih	Director	Sell	2,430	$15.08	$36,644.40
1/8/2016	Anthony Cherbak	CEO	Buy	2,000	$14.00	$28,000.00
10/9/2015	Tracy B. Stephens	COO	Sell	18,000	$17.04	$306,720.00
7/24/2015	Anthony Cherbak	CEO	Buy	1,500	$15.03	$22,545.00
1/14/2015	Anthony Cherbak	CEO	Buy	2,000	$17.14	$34,280.00
1/13/2015	Tracy B Stephens	COO	Buy	1,500	$16.91	$25,365.00
10/29/2013	Tracy B Stephens	COO	Sell	2,500	$13.25	$33,125.00
7/30/2013	Donald B Murray	Chairman	Sell	33,147	$13.12	$434,888.64
7/25/2013	Kate W Duchene	EVP	Sell	25,000	$13.39	$334,750.00
7/24/2013	Donald B Murray	Chairman	Sell	36,045	$13.18	$475,073.10

(Data available from 1/1/2013 forward)

Headline Trends for Resources Connection (NASDAQ:RECN) Latest Headlines for Resources Connection (NASDAQ:RECN)

Source:

Date	Headline
	Resources Connection, Inc. (RECN) Rating Lowered to Strong Sell at BidaskClub www.americanbankingnews.com - August 18 at 7:35 PM
	$140.36 Million in Sales Expected for Resources Connection, Inc. (RECN) This Quarter www.americanbankingnews.com - August 17 at 6:46 AM
	ETFs with exposure to Resources Connection, Inc. : August 8, 2017 finance.yahoo.com - August 9 at 6:51 AM
	Resources Connection, Inc. (RECN) Raises Dividend to $0.12 Per Share www.americanbankingnews.com - August 2 at 4:53 PM
	Resources Global Professionals Announces 9% Increase in Quarterly Dividend and Dividend Payment Date finance.yahoo.com - August 2 at 7:08 AM
	Resources Global Professionals Announces 9% Increase in Quarterly Dividend and Dividend Payment Date finance.yahoo.com - August 2 at 7:08 AM
	Resources Connection, Inc. (NASDAQ:RECN) Given Average Rating of "Sell" by Analysts www.americanbankingnews.com - July 31 at 8:44 PM
	Brokerages Expect Resources Connection, Inc. (RECN) Will Post Quarterly Sales of $140.36 Million www.americanbankingnews.com - July 30 at 7:45 AM
	$0.12 Earnings Per Share Expected for Resources Connection, Inc. (NASDAQ:RECN) This Quarter www.americanbankingnews.com - July 28 at 8:08 AM
	Resources Connection, Inc. :RECN-US: Earnings Analysis: Q4, 2017 By the Numbers : July 26, 2017 finance.yahoo.com - July 28 at 7:13 AM
	Resources Connection, Inc. breached its 50 day moving average in a Bearish Manner : RECN-US : July 25, 2017 finance.yahoo.com - July 26 at 6:46 AM
	Edited Transcript of RECN earnings conference call or presentation 20-Jul-17 9:00pm GMT finance.yahoo.com - July 26 at 6:46 AM
	Zacks Investment Research Downgrades Resources Connection, Inc. (RECN) to Sell www.americanbankingnews.com - July 25 at 8:15 AM
	ETFs with exposure to Resources Connection, Inc. : July 24, 2017 finance.yahoo.com - July 24 at 10:55 PM
	Resources Connection Inc. Q4 Income Falls 49% www.rttnews.com - July 22 at 8:10 AM
	Resources Connection, Inc. (NASDAQ:RECN) PT Lowered to $12.00 at Deutsche Bank AG www.americanbankingnews.com - July 21 at 10:28 PM
	Resources Connection, Inc. (RECN) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS www.americanbankingnews.com - July 21 at 11:05 AM
	Investor Network: Resources Connection, Inc. to Host Earnings Call finance.yahoo.com - July 21 at 6:37 AM
	Resources Connection, Inc. Reports Fourth Quarter and Year-End Results for Fiscal 2017 finance.yahoo.com - July 21 at 6:37 AM
	Resources Connection misses 4Q profit forecasts finance.yahoo.com - July 21 at 6:37 AM
	ETFs with exposure to Resources Connection, Inc. : July 14, 2017 finance.yahoo.com - July 15 at 7:57 AM
	Resources Connection, Inc. (NASDAQ:RECN) Scheduled to Post Earnings on Thursday www.americanbankingnews.com - July 13 at 10:26 PM
	NQ Exploration Inc. Announces Reverse Take-Over, "Spin-Out" of Quebec Mining Assets in New Company and Proposed Carheil JV www.marketwatch.com - July 12 at 7:25 AM
	Resources Connection (RECN) and CBIZ (CBZ) Financial Survey www.americanbankingnews.com - July 7 at 10:20 PM
	Resources Connection, Inc. (RECN) Expected to Announce Quarterly Sales of $148.36 Million www.americanbankingnews.com - July 6 at 1:32 PM
	Brokerages Expect Resources Connection, Inc. (NASDAQ:RECN) Will Announce Earnings of $0.22 Per Share www.americanbankingnews.com - July 4 at 9:44 AM
	Resources Connection, Inc. breached its 50 day moving average in a Bullish Manner : RECN-US : June 26, 2017 finance.yahoo.com - June 27 at 7:43 AM
	Resources Global Professionals to Announce Fiscal 2017 Fourth Quarter and Year End Results on July 20, 2017 finance.yahoo.com - June 21 at 3:29 AM
	Analyzing Resources Connection (RECN) & Korn/Ferry International (KFY) www.americanbankingnews.com - June 16 at 2:24 PM
	ETFs with exposure to Resources Connection, Inc. : June 15, 2017 finance.yahoo.com - June 16 at 9:17 AM
	Resources Connection, Inc. – Value Analysis (NASDAQ:RECN) : June 15, 2017 finance.yahoo.com - June 16 at 9:17 AM
	Resources Connection, Inc. breached its 50 day moving average in a Bearish Manner : RECN-US : June 14, 2017 finance.yahoo.com - June 15 at 12:04 AM
	Contrasting Resources Connection (RECN) and Korn/Ferry International (KFY) www.americanbankingnews.com - June 11 at 7:53 AM
	Resources Connection, Inc. (RECN) Expected to Post Quarterly Sales of $148.36 Million www.americanbankingnews.com - June 10 at 10:50 AM
	$0.22 Earnings Per Share Expected for Resources Connection, Inc. (RECN) This Quarter www.americanbankingnews.com - June 8 at 8:06 AM
	Resources Connection, Inc. (RECN) Upgraded at Zacks Investment Research www.americanbankingnews.com - June 7 at 9:08 PM
	Resources Connection, Inc. (RECN) Sees Significant Drop in Short Interest www.americanbankingnews.com - June 3 at 7:08 AM
	Resources Connection, Inc. (RECN) Cut to "C+" at TheStreet www.americanbankingnews.com - June 1 at 2:22 PM
	$148.36 Million in Sales Expected for Resources Connection, Inc. (RECN) This Quarter www.americanbankingnews.com - May 14 at 11:14 AM
	Resources Connection, Inc. (RECN) Expected to Announce Earnings of $0.22 Per Share www.americanbankingnews.com - May 12 at 9:53 AM
	Early lessons from tough bosses took Kate Duchene into the problem-solving business www.latimes.com - May 7 at 6:40 AM
	Resources Connection (RECN) Earning Somewhat Favorable Media Coverage, Report Shows www.americanbankingnews.com - May 3 at 3:28 PM
	Resources Connection (RECN) Earns Daily News Sentiment Rating of 0.34 www.americanbankingnews.com - April 30 at 9:46 AM
	Resources Connection (RECN) Earns Daily Coverage Optimism Score of 0.16 www.americanbankingnews.com - April 28 at 1:04 AM
	Resources Connection, Inc. (RECN) to Issue Quarterly Dividend of $0.11 www.americanbankingnews.com - April 25 at 6:33 PM
	Resources Connection (RECN) Given Daily Coverage Optimism Rating of -0.22 www.americanbankingnews.com - April 23 at 11:03 AM
	Analysts Expect Resources Connection, Inc. (RECN) Will Announce Earnings of $0.22 Per Share www.americanbankingnews.com - April 21 at 7:27 AM
	Resources Connection, Inc. (RECN) Given $14.67 Average Price Target by Analysts www.americanbankingnews.com - April 17 at 12:10 PM
	Resources Connection (RECN) Given Daily News Sentiment Score of 0.10 www.americanbankingnews.com - April 16 at 2:15 PM
	Resources Connection (RECN) Earns Daily Coverage Optimism Rating of 0.10 www.americanbankingnews.com - April 13 at 8:15 PM