Resources Connection, Inc. (RGP)
NASDAQ: RGP · IEX Real-Time Price · USD
13.06
+0.41 (3.24%)
Mar 27, 2024, 4:00 PM EDT - Market closed
Resources Connection Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for RGP stock have an average target of 16, with a low estimate of 14 and a high estimate of 18. The average target predicts an increase of 22.51% from the current stock price of 13.06.
Analyst Consensus: Sell
* Price targets were last updated on Oct 5, 2023.
Analyst Ratings
The average analyst rating for RGP stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 1 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
JP Morgan | JP Morgan | Sell Maintains $16 → $14 | Sell | Maintains | $16 → $14 | +7.20% | Oct 5, 2023 |
JP Morgan | JP Morgan | Sell Maintains $18 → $15 | Sell | Maintains | $18 → $15 | +14.85% | Apr 5, 2023 |
Baird | Baird | Hold Maintains $21 → $18 | Hold | Maintains | $21 → $18 | +37.83% | Apr 5, 2023 |
B of A Securities | B of A Securities | Sell → Hold Upgrades $49 → $58 | Sell → Hold | Upgrades | $49 → $58 | +344.10% | Nov 15, 2022 |
Financial Forecast
Revenue This Year
653.65M
from 775.64M
Decreased by -15.73%
Revenue Next Year
725.54M
from 653.65M
Increased by 11.00%
EPS This Year
0.70
from 1.59
Decreased by -56.17%
EPS Next Year
1.55
from 0.70
Increased by 122.46%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 690.9M | 809.6M | 850.4M |
Avg | 653.7M | 725.5M | 818.0M |
Low | 628.6M | 657.6M | 793.7M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | -10.9% | 23.9% | 17.2% |
Avg | -15.7% | 11.0% | 12.7% |
Low | -19.0% | 0.6% | 9.4% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 0.78 | 2.22 |
Avg | 0.70 | 1.55 |
Low | 0.63 | 0.94 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | -51.1% | 217.9% |
Avg | -56.2% | 122.5% |
Low | -60.6% | 35.0% |
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.