Resources Connection, Inc. (RGP)
NASDAQ: RGP · IEX Real-Time Price · USD
10.42
-0.24 (-2.25%)
At close: Jul 2, 2024, 4:00 PM
10.41
-0.01 (-0.10%)
After-hours: Jul 2, 2024, 7:26 PM EDT
Resources Connection Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for RGP stock have an average target of 14, with a low estimate of 13 and a high estimate of 15. The average target predicts an increase of 34.36% from the current stock price of 10.42.
Analyst Consensus: Hold
* Price targets were last updated on May 29, 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 2 | 2 | 2 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $15 | Buy | Initiates | $15 | +43.95% | May 29, 2024 |
| Baird | Baird | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | +24.76% | Apr 4, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $16 → $14 | Sell | Maintains | $16 → $14 | +34.36% | Oct 5, 2023 |
| JP Morgan | JP Morgan | Sell Maintains $18 → $15 | Sell | Maintains | $18 → $15 | +43.95% | Apr 5, 2023 |
| Baird | Baird | Hold Maintains $21 → $18 | Hold | Maintains | $21 → $18 | +72.74% | Apr 5, 2023 |
Financial Forecast
Revenue This Year
631.56M
from 775.64M
Decreased by -18.58%
Revenue Next Year
658.22M
from 631.56M
Increased by 4.22%
EPS This Year
0.72
from 1.59
Decreased by -54.48%
EPS Next Year
0.91
from 0.72
Increased by 26.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 658.4M | 721.2M | 798.0M |
| Avg | 631.6M | 658.2M | 740.0M |
| Low | 611.1M | 615.4M | 684.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -15.1% | 14.2% | 21.2% |
| Avg | -18.6% | 4.2% | 12.4% |
| Low | -21.2% | -2.6% | 3.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.81 | 1.34 | 2.22 |
| Avg | 0.72 | 0.91 | 1.76 |
| Low | 0.67 | 0.69 | 1.34 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -49.2% | 85.7% | 142.8% |
| Avg | -54.5% | 26.0% | 92.6% |
| Low | -58.1% | -5.2% | 47.2% |
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.