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
Target Low Average Median High
Price $14 $16 $18 $18
Change +7.20% +22.51% +37.83% +37.83%
* 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 '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 00000
Buy 00000
Hold 22221
Sell 11111
Strong Sell 00000
Total 33332

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
Hold
Upgrades
$49$58
Hold Upgrades $49$58 +344.10% Nov 15, 2022
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
729.00M703.35M629.52M805.02M775.64M653.65M725.54M817.97M
Revenue Growth
11.45%-3.52%-10.50%27.88%-3.65%-15.73%11.00%12.74%
EPS
0.980.880.782.001.590.701.55-
EPS Growth
63.33%-10.20%-11.36%156.41%-20.50%-56.17%122.46%-
No. Analysts -----442
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
-10.9%
23.9%
17.2%
Avg
-15.7%
11.0%
12.7%
Low
-19.0%
0.6%
9.4%

EPS Forecast

EPS 20242025
High 0.78 2.22
Avg 0.70 1.55
Low 0.63 0.94

EPS Growth

EPS Growth 20242025
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.