Positive News SentimentPositive NewsNASDAQ:RGP Resources Connection (RGP) Stock Price, News & Analysis $7.96 -0.09 (-1.12%) (As of 11/1/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Resources Connection Stock (NASDAQ:RGP) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Resources Connection alerts:Sign Up Key Stats Today's Range$7.92▼$8.1150-Day Range$7.96▼$10.4352-Week Range$7.91▼$14.63Volume333,764 shsAverage Volume393,238 shsMarket Capitalization$266.42 millionP/E Ratio22.11Dividend Yield7.04%Price Target$13.00Consensus RatingHold Company OverviewResources 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.Read More… I was wrong. Dead wrong. (Ad)I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. Here’s the full story for you. Resources Connection Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks89th Percentile Overall ScoreRGP MarketRank™: Resources Connection scored higher than 89% of companies evaluated by MarketBeat, and ranked 57th out of 342 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.0 / 5Analyst RatingHold Consensus RatingResources Connection has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageResources Connection has received no research coverage in the past 90 days.Read more about Resources Connection's stock forecast and price target. Earnings and Valuation3.8 / 5Proj. Earnings Growth656.25% Earnings GrowthEarnings for Resources Connection are expected to grow by 656.25% in the coming year, from $0.16 to $1.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Resources Connection is 22.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Resources Connection is 22.11, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 39.43.Price to Earnings Growth RatioResources Connection has a PEG Ratio of 3.35. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioResources Connection has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Resources Connection's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.48% of the float of Resources Connection has been sold short.Short Interest Ratio / Days to CoverResources Connection has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Resources Connection has recently increased by 20.35%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipResources Connection is a leading dividend payer. It pays a dividend yield of 6.75%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthResources Connection does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Resources Connection is 155.56%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Resources Connection will have a dividend payout ratio of 46.28% next year. This indicates that Resources Connection will be able to sustain or increase its dividend.Read more about Resources Connection's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted3.48% of the float of Resources Connection has been sold short.Short Interest Ratio / Days to CoverResources Connection has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Resources Connection has recently increased by 20.35%, indicating that investor sentiment is decreasing significantly. News and Social Media3.2 / 5News SentimentN/A News SentimentResources Connection has a news sentiment score of 1.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Resources Connection this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for RGP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Resources Connection to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Resources Connection insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.39% of the stock of Resources Connection is held by insiders.Percentage Held by Institutions93.23% of the stock of Resources Connection is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Resources Connection's insider trading history. Receive RGP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Resources Connection and its competitors with MarketBeat's FREE daily newsletter. Email Address RGP Stock News HeadlinesRGP Pulse Survey Highlights Impact of Lower Interest Rates on Corporate InvestmentOctober 24, 2024 | tmcnet.comResources Connection Enhances Shareholder Value with Key MovesOctober 22, 2024 | markets.businessinsider.comSell NVDA Now?Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's what that means for your money. Billionaire Wall Street investors are quietly offloading millions of shares. What do they know that you don't? It's arguably the most popular stock in the world. Now, one 50-year Wall Street legend says its day in the sun could finally be coming to an end. Last year, he warned of two stocks that went on to crash 60%.November 2, 2024 | Chaikin Analytics (Ad)Resources Connection, Inc. Announces Quarterly Dividend and Dividend Payment DateOctober 21, 2024 | businesswire.comResources Connection Inc (RGP) Q4 2024 Earnings Call Highlights: Surpassing Revenue and Margin ...October 9, 2024 | finance.yahoo.comWhy Resources Connection Stock Cratered by Nearly 12% TodayOctober 2, 2024 | fool.comResources Connection Inc (RGP) Q1 2025 Earnings Call Transcript Highlights: Revenue Decline ...October 2, 2024 | finance.yahoo.comResources Connection Reports Financial Results for First Quarter Fiscal 2025October 1, 2024 | businesswire.comSee More Headlines RGP Stock Analysis - Frequently Asked Questions How have RGP shares performed this year? Resources Connection's stock was trading at $14.17 at the beginning of 2024. Since then, RGP stock has decreased by 43.8% and is now trading at $7.96. View the best growth stocks for 2024 here. How were Resources Connection's earnings last quarter? Resources Connection, Inc. (NASDAQ:RGP) released its quarterly earnings data on Tuesday, October, 1st. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of $0.04 by $0.21. The business's revenue was down 19.5% compared to the same quarter last year. Who are Resources Connection's major shareholders? Resources Connection's top institutional investors include Horrell Capital Management Inc. (2.44%), Creative Planning (0.11%), Exchange Traded Concepts LLC (0.09%) and Ballentine Partners LLC (0.07%). Insiders that own company stock include Timothy L Brackney, Jennifer Y Ryu, Anthony Cherbak, Roger D Carlile, Donald B Murray, David P White, Maltzan Marco Von and Kate W Duchene. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Resources Connection own? Based on aggregate information from My MarketBeat watchlists, some other companies that Resources Connection investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Home Depot (HD) and Netflix (NFLX). Company Calendar Ex-Dividend for 9/20 Dividend8/23/2024Dividend Payable9/20/2024Last Earnings10/01/2024Today11/02/2024Ex-Dividend for 12/16 Dividend11/15/2024Dividend Payable12/16/2024Next Earnings (Estimated)1/01/2025Fiscal Year End5/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Business services, not elsewhere classified Sub-IndustryBusiness Services Current SymbolNASDAQ:RGP CUSIPN/A CIK1084765 Webwww.rgp.com Phone(714) 430-6400Fax714-428-6090Employees3,376Year FoundedN/APrice Target and Rating Average Stock Price Target$13.00 High Stock Price Target$15.00 Low Stock Price Target$11.00 Potential Upside/Downside+63.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.36 Trailing P/E Ratio22.11 Forward P/E Ratio49.75 P/E Growth3.35Net Income$21.03 million Net Margins2.04% Pretax Margin3.33% Return on Equity3.69% Return on Assets2.94% Debt Debt-to-Equity RatioN/A Current Ratio2.84 Quick Ratio2.84 Sales & Book Value Annual Sales$632.80 million Price / Sales0.42 Cash Flow$0.84 per share Price / Cash Flow9.52 Book Value$12.17 per share Price / Book0.65Miscellaneous Outstanding Shares33,470,000Free Float32,336,000Market Cap$266.42 million OptionableOptionable Beta0.65 Unlock the Potential in Options TradingOptions trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.Get This Free Report This page (NASDAQ:RGP) was last updated on 11/2/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | SponsoredEx WH Advisor Who Predicted Biden Leaving Race Makes Startling New PredictionFormer advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | SponsoredHe made 1,303,329 in 12 months after Biden won…Tim Sykes - the world’s most apolitical Millionaire trader - just sat down for an urgent election interview… ...Timothy Sykes | SponsoredSell NVDA Now?Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's...Chaikin Analytics | SponsoredMarket "Famine" ComingMarket Wizard Larry Benedict accurately predicted that all indexes would be negative in 2022... He predicte...Opportunistic Trader | SponsoredHow Will You Survive A Post Election Retirement Heist?The clock is ticking, and your life savings are in an extremely vulnerable position. We are a few days away...American Hartford Gold Group | SponsoredBlackrock’s Sending THIS Crypto Higher on PurposeIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | SponsoredNvidia warning urgentI thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Resources Connection, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Resources Connection With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.