Resources Connection (RGP) Stock Forecast, Price Target & Predictions


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RGP Stock Forecast


Resources Connection stock forecast is as follows: an average price target of $13.00 (represents a 56.82% upside from RGP’s last price of $8.29) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

RGP Price Target


The average price target for Resources Connection (RGP) is $13.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $13.00. This represents a potential 56.82% upside from RGP's last price of $8.29.

RGP Analyst Ratings


Buy

According to 3 Wall Street analysts, Resources Connection's rating consensus is 'Buy'. The analyst rating breakdown for RGP stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 1 'Hold' (33.33%), 1 'Sell' (33.33%), and 0 'Strong Sell' (0.00%).

Resources Connection Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 04, 2024Mark MarconRobert W. Baird$13.00$12.285.86%56.82%
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The latest Resources Connection stock forecast, released on Apr 04, 2024 by Mark Marcon from Robert W. Baird, set a price target of $13.00, which represents a 5.86% increase from the stock price at the time of the forecast ($12.28), and a 56.82% increase from RGP last price ($8.29).

Resources Connection Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$13.00
Last Closing Price$8.29$8.29$8.29
Upside/Downside-100.00%-100.00%56.82%

In the current month, the average price target of Resources Connection stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Resources Connection's last price of $8.29. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
May 29, 2024Noble Capital Markets-OutperformInitialise
Apr 05, 2023J.P. MorganUnderweightUnderweightHold
Nov 14, 2022Bank of America Securities-NeutralUpgrade
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Resources Connection's last stock rating was published by Noble Capital Markets on May 29, 2024. The company Initialise its RGP rating from "null" to "Outperform".

Resources Connection Financial Forecast


Resources Connection Revenue Forecast

May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19
Revenue----------$163.13M$170.17M$184.45M$186.78M$200.35M$204.06M$217.03M$204.61M$200.24M$183.14M$172.32M$156.63M$153.22M$147.35M$178.57M$168.05M$184.51M$172.22M$182.14M$179.50M
Avg Forecast$177.56M$170.93M$165.83M$163.94M$165.67M$153.19M$137.02M$137.82M$140.59M$152.77M$161.92M$170.14M$181.08M$183.92M$199.19M$197.47M$212.68M$195.12M$189.41M$175.75M$165.68M$151.49M$153.32M$150.38M$162.19M$168.08M$185.50M$173.02M$182.44M$184.22M
High Forecast$186.52M$179.56M$174.20M$172.21M$174.03M$161.51M$138.84M$137.82M$147.69M$152.77M$170.10M$178.73M$190.22M$193.20M$209.24M$205.71M$221.56M$203.26M$197.31M$183.08M$172.60M$157.81M$159.72M$156.65M$168.96M$175.10M$193.24M$180.24M$190.06M$191.91M
Low Forecast$165.17M$159.00M$154.26M$152.50M$154.11M$136.77M$135.74M$137.82M$130.79M$152.77M$150.63M$158.27M$168.45M$171.09M$185.29M$186.50M$200.87M$184.28M$178.88M$165.98M$156.48M$143.08M$144.80M$142.02M$153.18M$158.75M$175.19M$163.41M$172.31M$173.99M
# Analysts22111331112111111111118128877137
Surprise %----------1.01%1.00%1.02%1.02%1.01%1.03%1.02%1.05%1.06%1.04%1.04%1.03%1.00%0.98%1.10%1.00%0.99%1.00%1.00%0.97%

Resources Connection's average Quarter revenue forecast for Feb 24 based on 1 analysts is $152.77M, with a low forecast of $152.77M, and a high forecast of $152.77M. RGP's average Quarter revenue forecast represents a -6.35% decrease compared to the company's last Quarter revenue of $163.13M (Nov 23).

Resources Connection EBITDA Forecast

May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19
# Analysts22111331112111111111118128877137
EBITDA----------$8.35M$7.07M$19.21M$12.28M$25.60M$27.59M$30.26M$19.74M$22.17M$20.35M$17.76M$4.27M$4.10M$7.27M$10.25M$6.12M$21.16M$10.53M$15.89M$12.38M
Avg Forecast$14.61M$14.07M$13.65M$13.49M$13.63M$12.61M$11.28M$11.34M$11.57M$9.85M$13.33M$14.00M$14.90M$8.96M$15.45M$16.43M$17.70M$8.14M$15.76M$14.62M$13.79M$13.46M$12.76M$12.51M$13.49M$5.65M$15.43M$14.40M$15.18M$14.64M
High Forecast$15.35M$14.78M$14.34M$14.17M$14.32M$13.29M$11.43M$11.34M$12.15M$11.82M$14.00M$14.71M$15.65M$10.75M$18.53M$17.12M$18.43M$9.77M$16.42M$15.23M$14.36M$16.15M$13.29M$13.03M$14.06M$6.78M$16.08M$15.00M$15.81M$17.56M
Low Forecast$13.59M$13.09M$12.70M$12.55M$12.68M$11.26M$11.17M$11.34M$10.76M$7.88M$12.40M$13.02M$13.86M$7.17M$12.36M$15.52M$16.71M$6.51M$14.88M$13.81M$13.02M$10.77M$12.05M$11.82M$12.74M$4.52M$14.58M$13.60M$14.34M$11.71M
Surprise %----------0.63%0.50%1.29%1.37%1.66%1.68%1.71%2.42%1.41%1.39%1.29%0.32%0.32%0.58%0.76%1.08%1.37%0.73%1.05%0.85%

1 analysts predict RGP's average Quarter EBITDA for Feb 24 to be $9.85M, with a high of $11.82M and a low of $7.88M. This is 17.96% upper than Resources Connection's previous annual EBITDA (Nov 23) of $8.35M.

Resources Connection Net Income Forecast

May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19
# Analysts22111331112111111111118128877137
Net Income----------$4.89M$3.12M$11.77M$7.02M$17.43M$18.14M$20.53M$19.42M$14.30M$12.92M$23.25M$690.00K$-992.00K$2.28M$4.07M$6.94M$12.34M$4.94M$9.37M$5.80M
Avg Forecast$13.36M$10.02M$9.86M$10.86M$8.91M$3.34M$111.34K$304.64K$2.12M$9.69M$5.57M$5.23M$9.52M$8.81M$9.97M$14.37M$14.14M$8.01M$11.92M$9.02M$7.13M$2.17M$6.46M$2.45M$5.46M$6.40M$10.19M$4.84M$8.85M$6.85M
High Forecast$14.24M$10.68M$10.50M$11.57M$9.49M$6.12M$118.65K$324.63K$2.12M$11.63M$5.93M$5.58M$10.15M$10.57M$11.96M$15.14M$14.91M$9.61M$12.56M$9.51M$7.51M$2.61M$6.81M$2.58M$5.75M$7.69M$10.74M$5.11M$9.33M$8.22M
Low Forecast$12.15M$9.11M$8.96M$9.87M$8.10M$278.39K$101.25K$277.01K$2.11M$7.75M$5.06M$4.76M$8.66M$7.05M$7.97M$13.33M$13.12M$6.41M$11.05M$8.37M$6.61M$1.74M$5.99M$2.27M$5.06M$5.12M$9.45M$4.49M$8.21M$5.48M
Surprise %----------0.88%0.60%1.24%0.80%1.75%1.26%1.45%2.42%1.20%1.43%3.26%0.32%-0.15%0.93%0.75%1.08%1.21%1.02%1.06%0.85%

Resources Connection's average Quarter net income forecast for Feb 24 is $9.69M, with a range of $7.75M to $11.63M. RGP's average Quarter net income forecast represents a 98.03% increase compared to the company's last Quarter net income of $4.89M (Nov 23).

Resources Connection SG&A Forecast

May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19
# Analysts22111331112111111111118128877137
SG&A----------$52.99M$59.93M$56.51M$59.37M$56.78M$56.19M$59.36M$57.09M$56.88M$51.39M$50.78M$52.84M$54.55M$51.15M$62.03M$57.97M$56.69M$59.44M$59.08M$57.70M
Avg Forecast$55.43M$53.36M$51.77M$51.18M$51.72M$47.83M$42.78M$43.03M$43.89M$28.50M$50.55M$53.12M$56.53M$25.90M$39.63M$61.32M$66.04M$23.55M$58.82M$54.57M$51.45M$47.04M$47.61M$46.70M$50.36M$53.48M$57.60M$53.73M$56.65M$68.19M
High Forecast$58.23M$56.06M$54.39M$53.77M$54.33M$50.43M$43.35M$43.03M$46.11M$34.19M$53.11M$55.80M$59.39M$31.09M$47.55M$63.88M$68.80M$28.26M$61.27M$56.85M$53.60M$49.00M$49.60M$48.64M$52.47M$64.17M$60.01M$55.97M$59.02M$81.83M
Low Forecast$51.57M$49.64M$48.16M$47.61M$48.11M$42.70M$42.38M$43.03M$40.83M$22.80M$47.03M$49.41M$52.59M$20.72M$31.70M$57.91M$62.37M$18.84M$55.55M$51.54M$48.59M$44.43M$44.97M$44.10M$47.57M$42.78M$54.40M$50.74M$53.51M$54.55M
Surprise %----------1.05%1.13%1.00%2.29%1.43%0.92%0.90%2.42%0.97%0.94%0.99%1.12%1.15%1.10%1.23%1.08%0.98%1.11%1.04%0.85%

Resources Connection's average Quarter SG&A projection for Feb 24 is $28.50M, based on 1 Wall Street analysts, with a range of $22.80M to $34.19M. The forecast indicates a -46.23% fall compared to RGP last annual SG&A of $52.99M (Nov 23).

Resources Connection EPS Forecast

May 26Feb 26Nov 25Aug 25May 25Feb 25Nov 24Aug 24May 24Feb 24Nov 23Aug 23May 23Feb 23Nov 22Aug 22May 22Feb 22Nov 21Aug 21May 21Feb 21Nov 20Aug 20May 20Feb 20Nov 19Aug 19May 19Feb 19
# Analysts22111331112111111111118128877137
EPS----------$0.15$0.09$0.35$0.21$0.52$0.55$0.62$0.59$0.43$0.39$0.71$0.02$-0.03$0.07$0.13$0.22$0.39$0.16$0.30$0.18
Avg Forecast$0.40$0.30$0.29$0.33$0.27$0.10-$0.01$0.06$0.02$0.17$0.16$0.28$0.33$0.50$0.43$0.42$0.34$0.36$0.27$0.21$0.03$0.19$0.07$0.16$0.12$0.30$0.14$0.27$0.21
High Forecast$0.43$0.32$0.31$0.35$0.28$0.18-$0.01$0.06$0.02$0.18$0.17$0.30$0.35$0.53$0.45$0.45$0.35$0.38$0.28$0.22$0.03$0.20$0.08$0.17$0.12$0.32$0.15$0.28$0.23
Low Forecast$0.36$0.27$0.27$0.30$0.24$0.01-$0.01$0.06$0.02$0.15$0.14$0.26$0.30$0.45$0.40$0.39$0.31$0.33$0.25$0.20$0.02$0.18$0.07$0.15$0.11$0.28$0.13$0.25$0.20
Surprise %----------0.90%0.57%1.23%0.65%1.04%1.28%1.46%1.76%1.21%1.44%3.33%0.80%-0.16%0.95%0.80%1.91%1.28%1.10%1.13%0.84%

According to 1 Wall Street analysts, Resources Connection's projected average Quarter EPS for Feb 24 is $0.02, with a low estimate of $0.02 and a high estimate of $0.02. This represents a -88.89% decrease compared to RGP previous annual EPS of $0.15 (Nov 23).

Resources Connection Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FCFranklin Covey$35.29$77.50119.61%Buy
RGPResources Connection$8.29$13.0056.82%Buy
HURNHuron Consulting Group$120.56$140.0016.12%Buy
FCNFTI Consulting$198.98$221.0011.07%Hold
EXPOExponent$95.05$104.009.42%Hold
ICFIICF$136.48$138.001.11%Buy
CRAICRA$192.62$194.000.72%-

RGP Forecast FAQ


Is Resources Connection a good buy?

Yes, according to 3 Wall Street analysts, Resources Connection (RGP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of RGP's total ratings.

What is RGP's price target?

Resources Connection (RGP) average price target is $13 with a range of $13 to $13, implying a 56.82% from its last price of $8.29. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Resources Connection stock go up soon?

According to Wall Street analysts' prediction for RGP stock, the company can go up by 56.82% (from the last price of $8.29 to the average price target of $13), up by 56.82% based on the highest stock price target, and up by 56.82% based on the lowest stock price target.

Can Resources Connection stock reach $12?

RGP's average twelve months analyst stock price target of $13 supports the claim that Resources Connection can reach $12 in the near future.

What are Resources Connection's analysts' financial forecasts?

Resources Connection's analysts financial forecasts for the fiscal year (May 2025) are as follows: average revenue is $593.7M (high $612.21M, low $564.44M), average EBITDA is $48.86M (high $50.38M, low $46.45M), average net income is $12.67M (high $16.06M, low $8.76M), average SG&A $185.36M (high $191.14M, low $176.22M), and average EPS is $0.379 (high $0.481, low $0.262). RGP's analysts financial forecasts for the fiscal year (May 2026) are as follows: average revenue is $678.25M (high $712.49M, low $630.93M), average EBITDA is $55.82M (high $58.63M, low $51.92M), average net income is $44.1M (high $46.99M, low $40.1M), average SG&A $211.75M (high $222.44M, low $196.98M), and average EPS is $1.32 (high $1.41, low $1.2).

Did the RGP's actual financial results beat the analysts' financial forecasts?

Based on Resources Connection's last annual report (May 2023), the company's revenue was $775.64M, beating the average analysts forecast of $761.66M by 1.84%. Apple's EBITDA was $87.26M, beating the average prediction of $55.73M by 56.55%. The company's net income was $54.36M, beating the average estimation of $42.66M by 27.41%. Apple's SG&A was $228.84M, beating the average forecast of $183.39M by 24.79%. Lastly, the company's EPS was $1.63, beating the average prediction of $1.54 by 5.84%. In terms of the last quarterly report (Nov 2023), Resources Connection's revenue was $163.13M, beating the average analysts' forecast of $161.92M by 0.74%. The company's EBITDA was $8.35M, missing the average prediction of $13.33M by -37.32%. Resources Connection's net income was $4.9M, missing the average estimation of $5.57M by -12.09%. The company's SG&A was $52.99M, beating the average forecast of $50.55M by 4.83%. Lastly, the company's EPS was $0.15, missing the average prediction of $0.167 by -10.00%