Resources Connection (RGP) Stock Forecast, Price Target & Predictions
RGP Stock Forecast
Resources Connection stock forecast is as follows: an average price target of $13.00 (represents a 58.92% upside from RGP’s last price of $8.18) 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 58.92% upside from RGP's last price of $8.18.
RGP Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 04, 2024 | Mark Marcon | Robert W. Baird | $13.00 | $12.28 | 5.86% | 58.92% |
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 58.92% increase from RGP last price ($8.18).
Resources Connection Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $13.00 |
| Last Closing Price | $8.18 | $8.18 | $8.18 |
| Upside/Downside | -100.00% | -100.00% | 58.92% |
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 $8.18. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 29, 2024 | Noble Capital Markets | Outperform | Initialise | |
| Apr 05, 2023 | J.P. Morgan | Underweight | Underweight | Hold |
| Nov 14, 2022 | Bank of America Securities | Neutral | Upgrade |
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 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 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 | $160.67M | $148.69M | $137.02M | $137.82M | $140.59M | $152.77M | $161.92M | $170.14M | $181.08M | $183.92M | $215.30M | $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 | $195.99M | $188.67M | $183.04M | $180.96M | $177.35M | $163.01M | $137.39M | $137.82M | $155.19M | $152.77M | $178.73M | $187.80M | $199.88M | $203.01M | $258.36M | $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 | $166.00M | $159.80M | $155.04M | $153.27M | $150.21M | $138.03M | $136.65M | $137.82M | $131.44M | $152.77M | $151.39M | $159.07M | $169.30M | $171.95M | $172.24M | $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 |
| # Analysts | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 9 | 11 | 19 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 12 | 8 | 8 | 7 | 7 | 13 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.02% | 1.02% | 0.93% | 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 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 9 | 11 | 19 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 12 | 8 | 8 | 7 | 7 | 13 | 7 |
| 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 | $14.67M | $14.12M | $13.70M | $13.55M | $13.28M | $12.29M | $11.32M | $11.39M | $11.62M | $9.85M | $13.38M | $14.06M | $14.96M | $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 | $16.19M | $15.59M | $15.12M | $14.95M | $14.65M | $13.47M | $11.35M | $11.39M | $12.82M | $11.82M | $14.77M | $15.52M | $16.52M | $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 | $13.72M | $13.20M | $12.81M | $12.66M | $12.41M | $11.41M | $11.29M | $11.39M | $10.86M | $7.88M | $12.51M | $13.14M | $13.99M | $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 % | - | - | - | - | - | - | - | - | - | - | 0.62% | 0.50% | 1.28% | 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 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 9 | 11 | 19 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 12 | 8 | 8 | 7 | 7 | 13 | 7 |
| 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 | $7.46M | $1.84M | $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 | $15.17M | $11.37M | $11.18M | $12.32M | $8.47M | $3.37M | $126.37K | $345.75K | $2.12M | $11.63M | $6.32M | $5.94M | $10.81M | $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 | $12.23M | $9.17M | $9.02M | $9.94M | $6.83M | $153.12K | $101.92K | $278.86K | $2.11M | $7.75M | $5.10M | $4.79M | $8.72M | $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 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 9 | 11 | 19 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 12 | 8 | 8 | 7 | 7 | 13 | 7 |
| 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 | $50.16M | $46.42M | $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 | $61.19M | $58.90M | $57.15M | $56.50M | $55.37M | $50.89M | $42.89M | $43.03M | $48.45M | $34.19M | $55.80M | $58.63M | $62.40M | $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 | $51.83M | $49.89M | $48.40M | $47.85M | $46.90M | $43.09M | $42.66M | $43.03M | $41.04M | $22.80M | $47.26M | $49.66M | $52.86M | $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 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | Aug 19 | May 19 | Feb 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 1 | 9 | 11 | 19 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 12 | 8 | 8 | 7 | 7 | 13 | 7 |
| 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 | $0.22 | $0.06 | - | $0.01 | $0.06 | $0.02 | $0.17 | $0.16 | $0.28 | $0.33 | $1.95 | $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 | $0.45 | $0.34 | $0.33 | $0.37 | $0.25 | $0.10 | - | $0.01 | $0.06 | $0.02 | $0.19 | $0.18 | $0.32 | $0.37 | $2.22 | $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 | $0.37 | $0.27 | $0.27 | $0.30 | $0.20 | - | - | $0.01 | $0.06 | $0.02 | $0.15 | $0.14 | $0.26 | $0.30 | $1.79 | $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% | 0.27% | 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FC | Franklin Covey | $37.63 | $77.50 | 105.95% | Buy |
| RGP | Resources Connection | $8.37 | $13.00 | 55.32% | Buy |
| FCN | FTI Consulting | $196.77 | $275.00 | 39.76% | Hold |
| ICFI | ICF | $126.40 | $155.00 | 22.63% | Buy |
| HURN | Huron Consulting Group | $120.50 | $140.00 | 16.18% | Buy |
| EXPO | Exponent | $93.78 | $104.00 | 10.90% | Hold |
| CRAI | CRA | $206.55 | $194.00 | -6.08% |