Several brokerages have updated their recommendations and price targets on shares of Resources Connection (NASDAQ: RECN) in the last few weeks:
Shares of Resources Connection Inc. (NASDAQ:RECN) traded down 2.34% on Thursday, reaching $12.91. The company’s stock had a trading volume of 38,004 shares. The stock has a 50 day moving average of $14.51 and a 200-day moving average of $14.82. Resources Connection Inc. has a 12 month low of $12.30 and a 12 month high of $18.71. The firm has a market cap of $466.93 million, a price-to-earnings ratio of 16.74 and a beta of 1.31.
Resources Connection (NASDAQ:RECN) last issued its earnings results on Wednesday, October 5th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by $0.01. Resources Connection had a net margin of 4.88% and a return on equity of 8.42%. The business had revenue of $143.40 million for the quarter. During the same quarter last year, the firm earned $0.19 earnings per share. Resources Connection’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, analysts anticipate that Resources Connection Inc. will post $0.82 EPS for the current year.