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S&P 500   4,550.43
DOW   35,333.47
QQQ   389.17
Is Microsoft the NVIDIA Killer? 
Important info on NVDA trade (Ad)
Give up the OPEC fight with these 3 stocks, Buffett-certified
AI revolution: 3 stocks set to soar as technology evolves
Important info on NVDA trade (Ad)
3 reasons a squeeze could be in Paramount's coming attractions
BellRing Brands gets pumped on the Ozempic weight-loss trend
Important info on NVDA trade (Ad)
Americans Ditched Big Cities During the Pandemic. Now Many Are Regretting It.
At these prices, the only way these stocks can move is up
S&P 500   4,550.43
DOW   35,333.47
QQQ   389.17
Is Microsoft the NVIDIA Killer? 
Important info on NVDA trade (Ad)
Give up the OPEC fight with these 3 stocks, Buffett-certified
AI revolution: 3 stocks set to soar as technology evolves
Important info on NVDA trade (Ad)
3 reasons a squeeze could be in Paramount's coming attractions
BellRing Brands gets pumped on the Ozempic weight-loss trend
Important info on NVDA trade (Ad)
Americans Ditched Big Cities During the Pandemic. Now Many Are Regretting It.
At these prices, the only way these stocks can move is up
S&P 500   4,550.43
DOW   35,333.47
QQQ   389.17
Is Microsoft the NVIDIA Killer? 
Important info on NVDA trade (Ad)
Give up the OPEC fight with these 3 stocks, Buffett-certified
AI revolution: 3 stocks set to soar as technology evolves
Important info on NVDA trade (Ad)
3 reasons a squeeze could be in Paramount's coming attractions
BellRing Brands gets pumped on the Ozempic weight-loss trend
Important info on NVDA trade (Ad)
Americans Ditched Big Cities During the Pandemic. Now Many Are Regretting It.
At these prices, the only way these stocks can move is up

Resources Connection Stock Price, News & Analysis (NASDAQ:RGP)

$13.86
-0.16 (-1.14%)
(As of 11/27/2023 ET)
Compare
Today's Range
$13.84
$14.05
50-Day Range
$13.26
$15.29
52-Week Range
$13.00
$19.54
Volume
150,069 shs
Average Volume
127,248 shs
Market Capitalization
$467.08 million
P/E Ratio
11.95
Dividend Yield
4.04%
Price Target
$14.50

Resources Connection MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
4.6% Upside
$14.50 Price Target
Short Interest
Bearish
2.39% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.94mentions of Resources Connection in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$36,725 Sold Last Quarter
Proj. Earnings Growth
64.86%
From $0.74 to $1.22 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Business Services Sector

212th out of 308 stocks

Business Services, Not Elsewhere Classified Industry

69th out of 89 stocks


RGP stock logo

About Resources Connection Stock (NASDAQ:RGP)

Resources Connection, Inc. provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific. The company offers services in the areas of transactions, including integration and divestitures, bankruptcy/restructuring, going public readiness and support, financial process optimization, and system implementation; and regulations, such as accounting regulations, internal audit and compliance, data privacy and security, healthcare compliance, and regulatory compliance. It provides transformations services comprising finance transformation, digital transformation, supply chain management, cloud migration, and data design and analytics. 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.

RGP Stock Price History

RGP Stock News Headlines

Resources Connection Acquires CloudGo Pte Ltd.
Important info on NVDA trade
Today, I’m pulling back the curtain on my all-new Everyday Income project. A way for everyday folks to target a couple hundred bucks or more every single day the markets are open… Without breaking a sweat!
RGP CEO explains companies' top 'transformation projects'
Important info on NVDA trade
Today, I’m pulling back the curtain on my all-new Everyday Income project. A way for everyday folks to target a couple hundred bucks or more every single day the markets are open… Without breaking a sweat!
Why Consulting Firm Resources Connection Shares Are Sliding Today?
Q1 2024 Resources Connection Inc Earnings Call
Earnings Preview For Resources Connection
See More Headlines
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Company Calendar

Ex-Dividend for 9/21 Dividend
8/23/2023
Dividend Payable
9/21/2023
Last Earnings
10/04/2023
Ex-Dividend for 12/14 Dividend
11/15/2023
Today
11/28/2023
Dividend Payable
12/14/2023
Next Earnings (Estimated)
1/03/2024
Fiscal Year End
5/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:RGP
Employees
4,062
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.50
High Stock Price Target
$15.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+4.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$54.36 million
Pretax Margin
7.10%

Debt

Sales & Book Value

Annual Sales
$775.64 million
Cash Flow
$2.13 per share
Book Value
$12.34 per share

Miscellaneous

Free Float
31,218,000
Market Cap
$467.08 million
Optionable
Optionable
Beta
0.74
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Key Executives

  • Mr. Donald B. Murray (Age 76)
    Co-Founder & Independent Chairman
    Comp: $400k
  • Ms. Kate W. Duchene (Age 60)
    CEO, Interim COO, President & Director
    Comp: $1.91M
  • Ms. Jennifer Y. Ryu (Age 48)
    CFO & Executive VP
    Comp: $1M
  • Mr. Michael Allen
    Vice President of F&A and Technology & Digital
  • Mr. Keith Golden
    Chief Information Officer
  • Lauren A. Elkerson
    Corporate Secretary & Chief Legal Officer
  • Julie Shaver
    Senior Vice President of Corporate Development & Strategy
  • Ms. Katy Conway
    Chief People Officer
  • Ms. Suzanne Stanton (Age 62)
    Senior Vice President of Revenue
  • Ms. Joni Noel
    Senior Vice President of Healthcare & Private Equity














RGP Stock Analysis - Frequently Asked Questions

Should I buy or sell Resources Connection stock right now?

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. The consensus among Wall Street analysts is that investors should "reduce" RGP shares.
View RGP analyst ratings
or view top-rated stocks.

What is Resources Connection's stock price target for 2024?

2 Wall Street research analysts have issued 1 year price targets for Resources Connection's stock. Their RGP share price targets range from $14.00 to $15.00. On average, they predict the company's share price to reach $14.50 in the next year. This suggests a possible upside of 4.6% from the stock's current price.
View analysts price targets for RGP
or view top-rated stocks among Wall Street analysts.

How have RGP shares performed in 2023?

Resources Connection's stock was trading at $18.38 at the start of the year. Since then, RGP stock has decreased by 24.6% and is now trading at $13.86.
View the best growth stocks for 2023 here
.

When is Resources Connection's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 3rd 2024.
View our RGP earnings forecast
.

How were Resources Connection's earnings last quarter?

Resources Connection, Inc. (NASDAQ:RGP) issued its earnings results on Wednesday, October, 4th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.16 by $0.04. The business earned $170.17 million during the quarter, compared to analyst estimates of $170.14 million. Resources Connection had a trailing twelve-month return on equity of 11.35% and a net margin of 5.30%. The business's revenue for the quarter was down 16.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.53 earnings per share.

How often does Resources Connection pay dividends? What is the dividend yield for Resources Connection?

Resources Connection declared a quarterly dividend on Thursday, October 19th. Shareholders of record on Thursday, November 16th will be given a dividend of $0.14 per share on Thursday, December 14th. This represents a $0.56 annualized dividend and a yield of 4.04%. The ex-dividend date of this dividend is Wednesday, November 15th.
Read our dividend analysis for RGP
.

Is Resources Connection a good dividend stock?

Resources Connection (NASDAQ:RGP) pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.99%. RGP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 48.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGP will have a dividend payout ratio of 45.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RGP.

What ETF holds Resources Connection's stock ?

Invesco S&P SmallCap High Dividend Low Volatility ETF holds 14,437 shares of RGP stock, representing 1.17% of its portfolio.

What guidance has Resources Connection issued on next quarter's earnings?

Resources Connection updated its second quarter 2024 earnings guidance on Thursday, October, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $160.00 million-$165.00 million, compared to the consensus revenue estimate of $177.93 million.

What is Michael J. (Mike) Bradley's approval rating as Resources Connection's CEO?

2 employees have rated Resources Connection Chief Executive Officer Michael J. (Mike) Bradley on Glassdoor.com. Michael J. (Mike) Bradley has an approval rating of 100% among the company's employees. This puts Michael J. (Mike) Bradley in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Resources Connection's major shareholders?

Resources Connection's stock is owned by a number of institutional and retail investors. Top institutional shareholders include AQR Capital Management LLC (1.65%), Charles Schwab Investment Management Inc. (1.59%), Bank of New York Mellon Corp (1.58%), Invesco Ltd. (1.44%), Northern Trust Corp (1.21%) and New York State Common Retirement Fund (1.21%). Insiders that own company stock include Anthony Cherbak, David P White, Donald B Murray, Kate W Duchene, Maltzan Marco Von and Timothy L Brackney.
View institutional ownership trends
.

How do I buy shares of Resources Connection?

Shares of RGP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:RGP) was last updated on 11/28/2023 by MarketBeat.com Staff

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