Resources Connection, Inc. (RGP)
NASDAQ: RGP · Real-Time Price · USD
7.99
+0.03 (0.38%)
Nov 4, 2024, 4:00 PM EST - Market closed
Resources Connection Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for RGP stock have an average target of 13, with a low estimate of 11 and a high estimate of 15. The average target predicts an increase of 62.70% from the current stock price of 7.99.
Analyst Consensus: Hold
* Price targets were last updated on Jul 23, 2024.
Analyst Ratings
The average analyst rating for RGP stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell Maintains $12 → $11 | Sell | Maintains | $12 → $11 | +37.67% | Jul 23, 2024 |
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $15 | Buy | Initiates | $15 | +87.73% | May 29, 2024 |
| Baird | Baird | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | +62.70% | Apr 4, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $16 → $14 | Sell | Maintains | $16 → $14 | +75.22% | Oct 5, 2023 |
| JP Morgan | JP Morgan | Sell Maintains $18 → $15 | Sell | Maintains | $18 → $15 | +87.73% | Apr 5, 2023 |
Financial Forecast
Revenue This Year
620.03M
from 632.80M
Decreased by -2.02%
Revenue Next Year
709.70M
from 620.03M
Increased by 14.46%
EPS This Year
0.75
from 0.62
Increased by 20.55%
EPS Next Year
1.76
from 0.75
Increased by 135.14%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 666.8M | 798.0M |
| Avg | 620.0M | 709.7M |
| Low | 568.4M | 595.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 5.4% | 28.7% |
| Avg | -2.0% | 14.5% |
| Low | -10.2% | -3.9% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.93 | 2.22 |
| Avg | 0.75 | 1.76 |
| Low | 0.58 | 1.34 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 50.7% | 196.4% |
| Avg | 20.5% | 135.1% |
| Low | -6.7% | 79.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.