How to buy Resources Connection stock | $12.57

Resources Connection, Inc is a consulting services business based in the US. Resources Connection shares (RGP) are listed on the NASDAQ and all prices are listed in US Dollars. Resources Connection employs 929 staff and has a trailing 12-month revenue of around USD$678.5 million.

How to buy shares in Resources Connection

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Resources Connection. Find the stock by name or ticker symbol: RGP. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Resources Connection reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$12.57, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Resources Connection, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Resources Connection. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Resources Connection share price

Use our graph to track the performance of RGP stocks over time.

Resources Connection shares at a glance

• Key figures

Information last updated 2020-11-27.

Latest market close	USD$12.57
52-week range	USD$8.3569 - USD$17.0284
50-day moving average	USD$11.6191
200-day moving average	USD$11.6304
Wall St. target price	USD$13.33
PE ratio	15.3797
Dividend yield	USD$0.56 (4.51%)
Earnings per share (TTM)	USD$1.0448

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Is it a good time to buy Resources Connection stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Resources Connection, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Resources Connection price performance over time

Historical closes compared with the close of $12.57 from 2020-12-31

1 week (2021-01-08)	5.99%
1 month (2020-12-16)	-1.41%
3 months (2020-10-16)	7.44%
6 months (2020-07-16)	7.53%

1 year (2020-01-16)	-23.17%
2 years (2019-01-16)	-23.40%
3 years (2018-01-16)	16.4
5 years (2016-01-15)	14.29

Is Resources Connection under- or over-valued?

Valuing Resources Connection stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Resources Connection's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Resources Connection's P/E ratio

Resources Connection's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Resources Connection shares trade at around 15x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Resources Connection's EBITDA

Resources Connection's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$50 million.

The EBITDA is a measure of a Resources Connection's overall financial performance and is widely used to measure a its profitability.

Resources Connection financials

Revenue TTM	USD$678.5 million
Operating margin TTM	5.79%
Gross profit TTM	USD$275.5 million
Return on assets TTM	4.78%
Return on equity TTM	8.57%
Profit margin	3.78%
Book value	N/A
Market capitalisation	USD$405.4 million

TTM: trailing 12 months

Shorting Resources Connection shares

There are currently 338,100 Resources Connection shares held short by investors – that's known as Resources Connection's "short interest". This figure is 19.9% up from 282,021 last month.

There are a few different ways that this level of interest in shorting Resources Connection shares can be evaluated.

Resources Connection's "short interest ratio" (SIR)

Resources Connection's "short interest ratio" (SIR) is the quantity of Resources Connection shares currently shorted divided by the average quantity of Resources Connection shares traded daily (recently around 163333.33333333). Resources Connection's SIR currently stands at 2.07. In other words for every 100,000 Resources Connection shares traded daily on the market, roughly 2070 shares are currently held short.

However Resources Connection's short interest can also be evaluated against the total number of Resources Connection shares, or, against the total number of tradable Resources Connection shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Resources Connection's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Resources Connection shares in existence, roughly 10 shares are currently held short) or 0.0111% of the tradable shares (for every 100,000 tradable Resources Connection shares, roughly 11 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Resources Connection.

Find out more about how you can short Resources Connection stock.

Resources Connection share dividends

Dividend payout ratio: 60.22% of net profits

Recently Resources Connection has paid out, on average, around 60.22% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Resources Connection shareholders could enjoy a 4.51% return on their shares, in the form of dividend payments. In Resources Connection's case, that would currently equate to about $0.56 per share.

Resources Connection's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Resources Connection's most recent dividend payout was on 17 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 18 November 2020 (the "ex-dividend date").

Have Resources Connection's shares ever split?

Resources Connection's shares were split on a 2:1 basis on 2 March 2005. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Resources Connection shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Resources Connection shares which in turn could have impacted Resources Connection's share price.

Resources Connection share price volatility

Over the last 12 months, Resources Connection's shares have ranged in value from as little as $8.3569 up to $17.0284. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Resources Connection's is 1.0192. This would suggest that Resources Connection's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Resources Connection overview

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 business strategy and transformation, including program and project management, change management, transaction advisory, restructuring and bankruptcy advisory, executive search, human resources, supply chain, and legal services; and risk and compliance, such as information security and privacy, internal audit and compliance, and operational risk management areas. It also provides finance and accounting services comprising financial transformation, lease accounting, revenue recognition, equity administration and accounting, and tax; and technology and digital services that include business technology, data analytics, and robotics process automation. 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.

Frequently asked questions

• What percentage of Resources Connection is owned by insiders or institutions?

  Currently 5.624% of Resources Connection shares are held by insiders and 82.753% by institutions.

• How many people work for Resources Connection?

  Latest data suggests 929 work at Resources Connection.

• When does the fiscal year end for Resources Connection?

  Resources Connection's fiscal year ends in December.

• Where is Resources Connection based?

  Resources Connection's address is: 17101 Armstrong Avenue, Irvine, CA, United States, 92614

• What is Resources Connection's ISIN number?

  Resources Connection's international securities identification number is: US76122Q1058

• What is Resources Connection's CUSIP number?

  Resources Connection's Committee on Uniform Securities Identification Procedures number is: 75885Y107