Resources Connection Company Profile (NASDAQ:RECN)

About Resources Connection (NASDAQ:RECN)

Resources Connection logoResources 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: $398.74 million
  • Outstanding Shares: 29,662,000
Average Prices:
  • 50 Day Moving Avg: $13.60
  • 200 Day Moving Avg: $15.01
  • 52 Week Range: $12.41 - $19.80
P/E:
  • Trailing P/E Ratio: 23.75
  • Foreward P/E Ratio: 16.22
  • P/E Growth: 2.38
Sales & Book Value:
  • Annual Revenue: $583.41 million
  • Price / Sales: 0.68
  • Book Value: $7.88 per share
  • Price / Book: 1.69
Dividend:
  • Annual Dividend: $0.44
  • Dividend Yield: 3.3%
Profitability:
  • EBIDTA: $38.15 million
  • Net Margins: 3.20%
  • Return on Equity: 8.08%
  • Return on Assets: 5.76%
Debt:
  • Debt-to-Equity Ratio: 0.21%
  • Current Ratio: 2.24%
  • Quick Ratio: 2.55%
Misc:
  • Average Volume: 110,846 shs.
  • Beta: 1.21
  • Short Ratio: 2.17
 
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 declared a quarterly dividend on Tuesday, April 25th. Investors of record on Thursday, May 18th will be given a dividend of $0.11 per share on Thursday, June 15th. This represents a $0.44 annualized dividend and a dividend yield of 3.31%. The ex-dividend date is Tuesday, May 16th. View Resources Connection's Dividend History.

How were Resources Connection's earnings last quarter?

Resources Connection, Inc. (NASDAQ:RECN) released its quarterly earnings results on Thursday, July, 20th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.22 by $0.02. The company earned $148.60 million during the quarter, compared to analysts' expectations of $148.46 million. Resources Connection had a net margin of 3.20% and a return on equity of 8.08%. The company's revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter last year, the company earned $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 brokerages have issued 1 year target prices for Resources Connection's stock. Their predictions range from $12.00 to $12.00. On average, they expect Resources Connection's stock price to reach $12.00 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:

  • 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 number of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.64%), Adams Diversified Equity Fund Inc. (0.19%), NN Investment Partners Holdings N.V. (0.18%), Aviance Capital Partners LLC (0.11%), Marshwinds Advisory Co. (0.06%) and Aperio Group LLC (0.04%). 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 Adams Diversified Equity Fund Inc. and Marshwinds Advisory Co.. View Insider Buying and Selling for Resources Connection.

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

Resources Connection's stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Aviance Capital Partners LLC, Aperio Group LLC and NN Investment Partners Holdings N.V.. 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 $13.30.


MarketBeat Community Rating for Resources Connection (NASDAQ RECN)
Community Ranking:  1.4 out of 5 ()
Outperform Votes:  57 (Vote Outperform)
Underperform Votes:  150 (Vote Underperform)
Total Votes:  207
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.

Analyst Ratings

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 (9.77% downside)

Analysts' Ratings History for Resources Connection (NASDAQ:RECN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/21/2017Deutsche Bank AGLower Price TargetSell$14.00 -> $12.00LowView Rating Details
10/6/2016J P Morgan Chase & CoReiterated RatingHoldN/AView Rating Details
10/6/2016Robert W. BairdDowngradeOutperform -> NeutralN/AView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for Resources Connection (NASDAQ:RECN)
Earnings by Quarter for Resources Connection (NASDAQ:RECN)
Earnings History by Quarter for Resources Connection (NASDAQ RECN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/3/2017$0.17N/AView Earnings Details
7/20/2017Q4 2017$0.22$0.20$148.46 million$148.60 millionViewN/AView Earnings Details
4/5/2017Q3 2017$0.14$0.09$145.88 million$143.80 millionViewListenView Earnings Details
1/4/2017Q217$0.19$0.16$145.61 million$147.56 millionViewListenView Earnings Details
10/5/2016Q1$0.16$0.15$142.53 million$143.39 millionViewN/AView Earnings Details
7/14/2016Q416$0.21$0.23$150.70 million$152.52 millionViewListenView Earnings Details
4/7/2016Q3$0.16$0.16$148.60 million$146.78 millionViewN/AView Earnings Details
1/6/2016Q216$0.25$0.23$153.83 million$150.89 millionViewN/AView Earnings Details
10/7/2015Q116$0.16$0.19$146.19 million$148.34 millionViewN/AView Earnings Details
7/16/2015Q415$0.22$0.21$150.34 million$148.80 millionViewListenView Earnings Details
4/8/2015Q315$0.12$0.16$148.50 million$146.83 millionViewN/AView Earnings Details
1/7/2015Q2 15$0.16$0.22$147.93 million$151.50 millionViewN/AView Earnings Details
10/2/2014Q115$0.13$0.16$140.17 million$143.45 millionViewListenView Earnings Details
7/17/2014Q414$0.18$0.23$154.97 million$156.80 millionViewListenView Earnings Details
4/2/2014Q3$0.05$0.06$135.40 million$132.70 millionViewListenView Earnings Details
1/2/2014Q2$0.15$0.18$139.50 million$146.00 millionViewListenView Earnings Details
10/1/2013Q114$0.12$0.09$133.43 million$131.70 millionViewN/AView Earnings Details
7/16/2013Q4 2013$0.15$0.13$141.67 million$140.20 millionViewN/AView Earnings Details
4/2/2013Q3 2013$0.11$0.11$140.88 million$138.00 millionViewN/AView Earnings Details
12/20/2012Q2 2013$0.17$0.14$143.95 million$141.20 millionViewN/AView Earnings Details
10/2/2012Q113$0.12$0.12$138.01 million$136.90 millionViewN/AView Earnings Details
7/12/2012$0.15$0.21ViewN/AView Earnings Details
3/28/2012$0.08$0.10ViewN/AView Earnings Details
1/4/2012$0.12$0.11ViewN/AView Earnings Details
10/4/2011$0.05$0.06ViewN/AView Earnings Details
7/14/2011$0.10$0.12ViewN/AView Earnings Details
3/31/2011$0.07$0.02ViewN/AView Earnings Details
1/5/2011$0.08$0.09ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Resources Connection (NASDAQ:RECN)
Current Year EPS Consensus Estimate: $0.7 EPS
Next Year EPS Consensus Estimate: $0.82 EPS

Dividends

Current Dividend Information for Resources Connection (NASDAQ:RECN)
Most Recent Dividend:6/15/2017
Annual Dividend:$0.44
Dividend Yield:3.31%
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)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/25/2017quarterly$0.113.03%5/16/20175/18/20176/15/2017
1/25/2017quarterly$0.112.51%2/14/20172/16/20173/16/2017
10/26/2016quarterly$0.113.02%11/15/201611/17/201612/15/2016
8/2/2016quarterly$0.112.94%8/22/20168/24/20169/21/2016
4/27/2016quarterly$0.102.71%5/17/20165/19/20166/16/2016
1/26/2016quarterly$0.102.75%2/16/20162/18/20163/17/2016
11/3/2015quarterly$0.102.2%11/23/201511/26/201512/24/2015
8/3/2015quarterly$0.102.46%8/21/20158/25/20159/22/2015
4/28/2015quarterly$0.082%5/19/20155/21/20156/18/2015
1/27/2015quarterly$0.081.9%2/17/20152/19/20153/19/2015
10/28/2014quarterly$0.082.09%11/18/201411/20/201412/18/2014
8/5/2014quarterly$0.082.11%8/26/20148/28/20149/25/2014
4/29/2014quarterly$0.072.06%5/20/20145/22/20146/19/2014
1/28/2014quarterly$0.072.04%2/18/20142/20/20143/20/2014
10/29/2013quarterly$0.072.16%11/19/201311/21/201312/19/2013
7/29/2013quarterly$0.072.12%8/20/20138/22/20139/19/2013
4/23/2013quarterly$0.062.17%5/14/20135/16/20136/13/2013
1/29/2013quarterly$0.061.98%2/19/20132/21/20133/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Resources Connection (NASDAQ:RECN)
Insider Ownership Percentage: 8.60%
Institutional Ownership Percentage: 83.91%
Insider Trades by Quarter for Resources Connection (NASDAQ:RECN)
Institutional Ownership by Quarter for Resources Connection (NASDAQ:RECN)
Insider Trades by Quarter for Resources Connection (NASDAQ:RECN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/11/2016Anne ShihDirectorSell2,430$15.08$36,644.40View SEC Filing  
1/8/2016Anthony CherbakCEOBuy2,000$14.00$28,000.00View SEC Filing  
10/9/2015Tracy B. StephensCOOSell18,000$17.04$306,720.00View SEC Filing  
7/24/2015Anthony CherbakCEOBuy1,500$15.03$22,545.00View SEC Filing  
1/14/2015Anthony CherbakCEOBuy2,000$17.14$34,280.00View SEC Filing  
1/13/2015Tracy B StephensCOOBuy1,500$16.91$25,365.00View SEC Filing  
10/29/2013Tracy B StephensCOOSell2,500$13.25$33,125.00View SEC Filing  
7/30/2013Donald B MurrayChairmanSell33,147$13.12$434,888.64View SEC Filing  
7/25/2013Kate W DucheneEVPSell25,000$13.39$334,750.00View SEC Filing  
7/24/2013Donald B MurrayChairmanSell36,045$13.18$475,073.10View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Resources Connection (NASDAQ:RECN)
Latest Headlines for Resources Connection (NASDAQ:RECN)
Source:
DateHeadline
finance.yahoo.com logoResources 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
finance.yahoo.com logoEdited Transcript of RECN earnings conference call or presentation 20-Jul-17 9:00pm GMT
finance.yahoo.com - July 26 at 6:46 AM
americanbankingnews.com logoZacks Investment Research Downgrades Resources Connection, Inc. (RECN) to Sell
www.americanbankingnews.com - July 25 at 8:15 AM
finance.yahoo.com logoETFs with exposure to Resources Connection, Inc. : July 24, 2017
finance.yahoo.com - July 24 at 10:55 PM
rttnews.com logoResources Connection Inc. Q4 Income Falls 49%
www.rttnews.com - July 22 at 8:10 AM
americanbankingnews.com logoResources Connection, Inc. (NASDAQ:RECN) PT Lowered to $12.00 at Deutsche Bank AG
www.americanbankingnews.com - July 21 at 10:28 PM
americanbankingnews.com logoResources Connection, Inc. (RECN) Posts Quarterly Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - July 21 at 11:05 AM
finance.yahoo.com logoInvestor Network: Resources Connection, Inc. to Host Earnings Call
finance.yahoo.com - July 21 at 6:37 AM
finance.yahoo.com logoResources Connection, Inc. Reports Fourth Quarter and Year-End Results for Fiscal 2017
finance.yahoo.com - July 21 at 6:37 AM
finance.yahoo.com logoResources Connection misses 4Q profit forecasts
finance.yahoo.com - July 21 at 6:37 AM
finance.yahoo.com logoETFs with exposure to Resources Connection, Inc. : July 14, 2017
finance.yahoo.com - July 15 at 7:57 AM
americanbankingnews.com logoResources Connection, Inc. (NASDAQ:RECN) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 13 at 10:26 PM
marketwatch.com logoNQ 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
americanbankingnews.com logoResources Connection (RECN) and CBIZ (CBZ) Financial Survey
www.americanbankingnews.com - July 7 at 10:20 PM
americanbankingnews.com logoResources Connection, Inc. (RECN) Expected to Announce Quarterly Sales of $148.36 Million
www.americanbankingnews.com - July 6 at 1:32 PM
americanbankingnews.com logo Brokerages Expect Resources Connection, Inc. (NASDAQ:RECN) Will Announce Earnings of $0.22 Per Share
www.americanbankingnews.com - July 4 at 9:44 AM
finance.yahoo.com logoResources 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
finance.yahoo.com logoResources 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
americanbankingnews.com logoAnalyzing Resources Connection (RECN) & Korn/Ferry International (KFY)
www.americanbankingnews.com - June 16 at 2:24 PM
finance.yahoo.com logoETFs with exposure to Resources Connection, Inc. : June 15, 2017
finance.yahoo.com - June 16 at 9:17 AM
finance.yahoo.com logoResources Connection, Inc. – Value Analysis (NASDAQ:RECN) : June 15, 2017
finance.yahoo.com - June 16 at 9:17 AM
finance.yahoo.com logoResources 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
americanbankingnews.com logoContrasting Resources Connection (RECN) and Korn/Ferry International (KFY)
www.americanbankingnews.com - June 11 at 7:53 AM
americanbankingnews.com logoResources Connection, Inc. (RECN) Expected to Post Quarterly Sales of $148.36 Million
www.americanbankingnews.com - June 10 at 10:50 AM
americanbankingnews.com logo$0.22 Earnings Per Share Expected for Resources Connection, Inc. (RECN) This Quarter
www.americanbankingnews.com - June 8 at 8:06 AM
americanbankingnews.com logoResources Connection, Inc. (RECN) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 7 at 9:08 PM
americanbankingnews.com logoResources Connection, Inc. (RECN) Sees Significant Drop in Short Interest
www.americanbankingnews.com - June 3 at 7:08 AM
americanbankingnews.com logoResources Connection, Inc. (RECN) Cut to "C+" at TheStreet
www.americanbankingnews.com - June 1 at 2:22 PM
americanbankingnews.com logo$148.36 Million in Sales Expected for Resources Connection, Inc. (RECN) This Quarter
www.americanbankingnews.com - May 14 at 11:14 AM
americanbankingnews.com logoResources Connection, Inc. (RECN) Expected to Announce Earnings of $0.22 Per Share
www.americanbankingnews.com - May 12 at 9:53 AM
latimes.com logoEarly lessons from tough bosses took Kate Duchene into the problem-solving business
www.latimes.com - May 7 at 6:40 AM
americanbankingnews.com logoResources Connection (RECN) Earning Somewhat Favorable Media Coverage, Report Shows
www.americanbankingnews.com - May 3 at 3:28 PM
americanbankingnews.com logoResources Connection (RECN) Earns Daily News Sentiment Rating of 0.34
www.americanbankingnews.com - April 30 at 9:46 AM
americanbankingnews.com logoResources Connection (RECN) Earns Daily Coverage Optimism Score of 0.16
www.americanbankingnews.com - April 28 at 1:04 AM
americanbankingnews.com logoResources Connection, Inc. (RECN) to Issue Quarterly Dividend of $0.11
www.americanbankingnews.com - April 25 at 6:33 PM
americanbankingnews.com logoResources Connection (RECN) Given Daily Coverage Optimism Rating of -0.22
www.americanbankingnews.com - April 23 at 11:03 AM
americanbankingnews.com logo Analysts Expect Resources Connection, Inc. (RECN) Will Announce Earnings of $0.22 Per Share
www.americanbankingnews.com - April 21 at 7:27 AM
americanbankingnews.com logo Resources Connection, Inc. (RECN) Given $14.67 Average Price Target by Analysts
www.americanbankingnews.com - April 17 at 12:10 PM
americanbankingnews.com logoResources Connection (RECN) Given Daily News Sentiment Score of 0.10
www.americanbankingnews.com - April 16 at 2:15 PM
americanbankingnews.com logoResources Connection (RECN) Earns Daily Coverage Optimism Rating of 0.10
www.americanbankingnews.com - April 13 at 8:15 PM
finance.yahoo.com logoETFs with exposure to Resources Connection, Inc. : April 11, 2017
finance.yahoo.com - April 11 at 7:19 PM
finance.yahoo.com logoWeakness Seen in Resources Connection, Inc. (RECN) Estimates: Should You Stay Away?
finance.yahoo.com - April 11 at 10:02 AM
finance.yahoo.com logoResources Connection, Inc. :RECN-US: Earnings Analysis: Q3, 2017 By the Numbers : April 10, 2017
finance.yahoo.com - April 10 at 7:02 PM
americanbankingnews.com logoResources Connection, Inc. (RECN) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 8 at 7:25 AM
nasdaq.com logoResources Connection Inc. (RECN) Has Dropped To A 5-Month Low After Q3 Miss
www.nasdaq.com - April 7 at 12:14 PM
rttnews.com logoResources Connection Inc. (RECN) Sank On Disappointing Q3 Earnings
www.rttnews.com - April 7 at 12:14 PM
finance.yahoo.com logoResources Connection, Inc. Reports Fiscal 2017 Third Quarter Results
finance.yahoo.com - April 7 at 12:14 PM
finance.yahoo.com logoResources Connection misses Street 3Q forecasts
finance.yahoo.com - April 7 at 12:14 PM
finance.yahoo.com logoEdited Transcript of RECN earnings conference call or presentation 5-Apr-17 9:00pm GMT
finance.yahoo.com - April 7 at 12:14 PM
americanbankingnews.com logoResources Connection, Inc. (RECN) Issues Quarterly Earnings Results
www.americanbankingnews.com - April 5 at 9:21 PM

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Chart

Resources Connection (RECN) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff