Currently, there are 33.09M common shares owned by the public and among those 31.83M shares have been available to trade.
The company’s stock has a 5-day price change of 1.80% and -0.93% over the past three months. RGP shares are trading -0.35% year to date (YTD), with the 12-month market performance down to -35.06% lower. It has a 12-month low price of $7.90 and touched a high of $14.29 over the same period. RGP has an average intraday trading volume of 341.57K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.50%, -0.14%, and -14.07% respectively.
Institutional ownership of Resources Connection Inc (NASDAQ: RGP) shares accounts for 88.40% of the company’s 33.09M shares outstanding.
It has a market capitalization of $281.27M and a beta (3y monthly) value of 0.64. The earnings-per-share (ttm) stands at -$1.86. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.49% over the week and 4.08% over the month.
Earnings per share for the fiscal year are expected to decrease by -87.10%, and 891.67% over the next financial year. EPS should grow at an annualized rate of 15.00% over the next five years, compared to -8.68% over the past 5-year period.
Looking at the support for the RGP, a number of firms have released research notes about the stock. BofA Securities stated their Neutral rating for the stock in a research note on November 15, 2022, with the firm’s price target at $49-$58. Sidoti coverage for the Resources Connection Inc (RGP) stock in a research note released on June 19, 2020 offered a Buy rating with a price target of $15.
