Resources Connection Stock Buy Hold or Sell Recommendation
| RGP Stock | USD 11.13 0.03 0.27% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Resources Connection is 'Hold'. Macroaxis provides Resources Connection buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RGP positions. The advice algorithm takes into account all of Resources Connection's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Resources Connection's buy or sell advice are summarized below:
Real Value 14.08 | Target Price 16.33 | Hype Value 11.05 | Market Value 11.13 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Resources Connection given historical horizon and risk tolerance towards Resources Connection. When Macroaxis issues a 'buy' or 'sell' recommendation for Resources Connection, the advice is generated through an automated system that utilizes algorithms and statistical models.
Resources |
Execute Resources Connection Buy or Sell Advice
The Resources recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Resources Connection. Macroaxis does not own or have any residual interests in Resources Connection or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Resources Connection's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Resources Connection Trading Alerts and Improvement Suggestions
| Resources Connection generated a negative expected return over the last 90 days | |
| Resources Connection has a strong financial position based on the latest SEC filings | |
| Over 91.0% of the company shares are owned by institutional investors | |
| On 14th of March 2024 Resources Connection paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Vanguard Group Inc. Sells 20963 Shares of Resources Connection, Inc. - Defense World |
Resources Connection Returns Distribution Density
The distribution of Resources Connection's historical returns is an attempt to chart the uncertainty of Resources Connection's future price movements. The chart of the probability distribution of Resources Connection daily returns describes the distribution of returns around its average expected value. We use Resources Connection price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Resources Connection returns is essential to provide solid investment advice for Resources Connection.
| Mean Return | -0.29 | Value At Risk | -4.05 | Potential Upside | 2.81 | Standard Deviation | 2.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Resources Connection historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Resources Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Resources Connection is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Resources Connection backward and forwards among themselves. Resources Connection's institutional investor refers to the entity that pools money to purchase Resources Connection's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2023-12-31 | 522.2 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 474.6 K | Circumference Group Llc | 2023-12-31 | 450 K | Horrell Capital Management, Inc. | 2023-12-31 | 450 K | Northern Trust Corp | 2023-12-31 | 406.5 K | New York State Common Retirement Fund | 2023-12-31 | 366.5 K | Renaissance Technologies Corp | 2023-12-31 | 358.8 K | Goldman Sachs Group Inc | 2023-12-31 | 335.8 K | Amvescap Plc. | 2023-12-31 | 295.5 K | Blackrock Inc | 2023-12-31 | 5.4 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.5 M |
Resources Connection Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (13.4M) | 52.6M | (21.2M) | 30.1M | (101.3M) | (96.2M) | |
| Free Cash Flow | 36.7M | 47.2M | 36.1M | 46.5M | 79.6M | 83.6M | |
| Depreciation | 8.5M | 10.8M | 9.1M | 8.5M | 8.6M | 7.1M | |
| Other Non Cash Items | 1.1M | 3.8M | 6.0M | 1.3M | (124.7M) | (118.4M) | |
| Capital Expenditures | 6.9M | 2.3M | 3.8M | 3.0M | 2.0M | 3.7M | |
| Net Income | 31.5M | 28.3M | 25.2M | 67.2M | 54.4M | 31.6M | |
| End Period Cash Flow | 43.0M | 95.6M | 74.4M | 104.5M | 3.2M | 3.0M | |
| Change To Inventory | 2.1M | (375K) | 103K | 142.0M | 163.3M | 171.5M | |
| Change To Netincome | 14.1M | 10.7M | 24.8M | (1.6M) | (1.9M) | (1.8M) | |
| Dividends Paid | 16.2M | 17.6M | 18.2M | 18.6M | 18.8M | 29.7M | |
| Investments | (26.8M) | (3.8M) | (3.0M) | 3.9M | 1.1M | 1.2M | |
| Net Borrowings | (20M) | 45M | (45M) | 10.4M | 9.4M | 8.9M |
Resources Connection Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Resources Connection or Professional Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Resources Connection's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Resources stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.4 | |
β | Beta against NYSE Composite | 1.98 | |
σ | Overall volatility | 2.28 | |
Ir | Information ratio | -0.16 |
Resources Connection Volatility Alert
Resources Connection exhibits very low volatility with skewness of -0.33 and kurtosis of 1.79. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Resources Connection's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Resources Connection's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Resources Connection Fundamentals Vs Peers
Comparing Resources Connection's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Resources Connection's direct or indirect competition across all of the common fundamentals between Resources Connection and the related equities. This way, we can detect undervalued stocks with similar characteristics as Resources Connection or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Resources Connection's fundamental indicators could also be used in its relative valuation, which is a method of valuing Resources Connection by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Resources Connection to competition |
| Fundamentals | Resources Connection | Peer Average |
| Return On Equity | 0.0544 | -0.31 |
| Return On Asset | 0.0466 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 276.22 M | 16.62 B |
| Shares Outstanding | 33.81 M | 571.82 M |
| Shares Owned By Insiders | 5.55 % | 10.09 % |
| Shares Owned By Institutions | 91.01 % | 39.21 % |
| Number Of Shares Shorted | 2.01 M | 4.71 M |
| Price To Earning | 17.55 X | 28.72 X |
| Price To Book | 0.95 X | 9.51 X |
| Price To Sales | 0.59 X | 11.42 X |
| Revenue | 775.64 M | 9.43 B |
| Gross Profit | 313.14 M | 27.38 B |
| EBITDA | 87.25 M | 3.9 B |
| Net Income | 54.36 M | 570.98 M |
| Cash And Equivalents | 72.58 M | 2.7 B |
| Cash Per Share | 2.15 X | 5.01 X |
| Total Debt | 17.73 M | 5.32 B |
| Debt To Equity | 0.11 % | 48.70 % |
| Current Ratio | 2.86 X | 2.16 X |
| Book Value Per Share | 12.27 X | 1.93 K |
| Cash Flow From Operations | 81.64 M | 971.22 M |
| Short Ratio | 2.72 X | 4.00 X |
| Earnings Per Share | 0.66 X | 3.12 X |
| Price To Earnings To Growth | 0.61 X | 4.89 X |
| Target Price | 16.0 | |
| Number Of Employees | 830 | 18.84 K |
| Beta | 0.61 | -0.15 |
| Market Capitalization | 375.26 M | 19.03 B |
| Total Asset | 532 M | 29.47 B |
| Retained Earnings | 87.65 M | 9.33 B |
| Working Capital | 166.98 M | 1.48 B |
Note: Disposition of tradable shares by Patel Bhadreskumar of Resources Connection subject to Rule 16b-3 [view details]
Resources Connection Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Resources . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.13 | |||
| Day Typical Price | 11.13 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.03 |
About Resources Connection Buy or Sell Advice
When is the right time to buy or sell Resources Connection? Buying financial instruments such as Resources Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 329.5M | 372.4M | 414.5M | 262.2M | Total Assets | 520.6M | 581.5M | 532.0M | 382.2M |
Use Investing Ideas to Build Portfolios
In addition to having Resources Connection in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Resources Connection Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Resources Stock, please use our How to Invest in Resources Connection guide.Note that the Resources Connection information on this page should be used as a complementary analysis to other Resources Connection's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Resources Stock analysis
When running Resources Connection's price analysis, check to measure Resources Connection's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Resources Connection is operating at the current time. Most of Resources Connection's value examination focuses on studying past and present price action to predict the probability of Resources Connection's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resources Connection's price. Additionally, you may evaluate how the addition of Resources Connection to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
Is Resources Connection's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Resources Connection. If investors know Resources will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Resources Connection listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.64) | Dividend Share 0.56 | Earnings Share 0.66 | Revenue Per Share 20.023 | Quarterly Revenue Growth (0.19) |
The market value of Resources Connection is measured differently than its book value, which is the value of Resources that is recorded on the company's balance sheet. Investors also form their own opinion of Resources Connection's value that differs from its market value or its book value, called intrinsic value, which is Resources Connection's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Resources Connection's market value can be influenced by many factors that don't directly affect Resources Connection's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Resources Connection's value and its price as these two are different measures arrived at by different means. Investors typically determine if Resources Connection is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Resources Connection's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.