Noble Financial Issues Pessimistic Estimate for RGP Earnings

Resources Connection, Inc. (NASDAQ:RGP - Free Report) - Noble Financial lowered their Q3 2025 EPS estimates for Resources Connection in a report issued on Monday, January 6th. Noble Financial analyst J. Gomes now expects that the company will post earnings per share of ($0.13) for the quarter, down from their prior estimate of ($0.02). The consensus estimate for Resources Connection's current full-year earnings is $0.16 per share. Noble Financial also issued estimates for Resources Connection's Q4 2025 earnings at $0.00 EPS, FY2025 earnings at ($0.05) EPS and FY2026 earnings at $0.79 EPS.

Resources Connection Stock Down 3.7 %

Shares of RGP traded down $0.33 during mid-day trading on Wednesday, hitting $8.54. 460,295 shares of the company's stock were exchanged, compared to its average volume of 685,219. Resources Connection has a 52 week low of $7.90 and a 52 week high of $14.29. The stock's 50-day simple moving average is $8.47 and its 200-day simple moving average is $9.41. The firm has a market cap of $285.84 million, a price-to-earnings ratio of 23.72, a price-to-earnings-growth ratio of 3.48 and a beta of 0.66.

Resources Connection Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 15th were paid a dividend of $0.14 per share. The ex-dividend date was Friday, November 15th. This represents a $0.56 dividend on an annualized basis and a yield of 6.56%. Resources Connection's dividend payout ratio (DPR) is presently -30.11%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of RGP. Point72 DIFC Ltd acquired a new stake in shares of Resources Connection in the 2nd quarter valued at $59,000. nVerses Capital LLC acquired a new stake in Resources Connection in the third quarter valued at about $60,000. Quarry LP bought a new position in Resources Connection in the third quarter valued at about $95,000. Intech Investment Management LLC bought a new position in Resources Connection in the third quarter valued at about $106,000. Finally, DRW Securities LLC acquired a new position in Resources Connection during the second quarter worth about $111,000. Institutional investors and hedge funds own 93.23% of the company's stock.

Resources Connection Company Profile

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.