Currently, Resources Connection Inc [RGP] is trading at $6.03, up 1.69%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RGP shares have gain 11.25% over the last week, with a monthly amount glided 14.42%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Resources Connection Inc [NASDAQ: RGP] stock has seen the most recent analyst activity on November 15, 2022, when BofA Securities upgraded its rating to a Neutral and also boosted its price target to $58 from $49. Previously, Sidoti started tracking the stock with Buy rating on June 19, 2020, and set its price target to $15.
This stock has fluctuated between a low of $4.81 and a high of $12.19 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Resources Connection Inc [NASDAQ: RGP] shares were valued at $6.03 at the most recent close of the market. An investor can expect a potential return of 115.59% based on the average RGP price forecast.
Analyzing the RGP fundamentals
Trailing Twelve Months sales for Resources Connection Inc [NASDAQ:RGP] were 560.19M which represents -14.45% decline. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.21%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -0.3 and Total Capital is -0.4. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.90 points at the first support level, and at 5.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.12, and for the 2nd resistance point, it is at 6.20.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Resources Connection Inc [NASDAQ:RGP] is 2.63. As well, the Quick Ratio is 2.63, while the Cash Ratio is 0.98. Considering the valuation of this stock, the price to sales ratio is 0.36, the price to book ratio is 0.72.
Transactions by insiders
Recent insider trading involved White David P, Director, that happened on Apr 21 ’25 when 5204.0 shares were sold. COO, Patel Bhadreskumar completed a deal on Apr 07 ’25 to buy 9900.0 shares. Meanwhile, Director Carlile Roger D bought 25000.0 shares on Apr 04 ’25.
