Resources Connection, Inc. (RECN) Analysts See $0.20 EPS

December 15, 2017 - By Vivian Park

 Resources Connection, Inc. (RECN) Analysts See $0.20 EPS
Investors sentiment increased to 1.29 in Q2 2017. Its up 0.14, from 1.15 in 2017Q1. It improved, as 9 investors sold Resources Connection, Inc. shares while 33 reduced holdings. 17 funds opened positions while 37 raised stakes. 23.96 million shares or 1.30% less from 24.27 million shares in 2017Q1 were reported.
Palisade Ltd Llc Nj holds 0.47% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN) for 922,488 shares. Ahl Llp holds 0% or 15,851 shares in its portfolio. Art Advisors Limited Liability Corporation invested in 0.01% or 19,429 shares. Grp reported 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). State Street has 0% invested in Resources Connection, Inc. (NASDAQ:RECN). New York State Common Retirement Fund stated it has 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Teachers Retirement System Of The State Of Kentucky invested 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Marshwinds Advisory owns 17,550 shares. Aqr Capital Mgmt Ltd Limited Liability Company stated it has 0% in Resources Connection, Inc. (NASDAQ:RECN). Louisiana State Employees Retirement System owns 12,100 shares for 0.01% of their portfolio. Ameriprise Fincl holds 0% or 186,057 shares. South Dakota Investment Council reported 80,084 shares. Nationwide Fund Advsrs invested 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Citadel Advsr Lc stated it has 0% in Resources Connection, Inc. (NASDAQ:RECN). Commercial Bank Of Mellon reported 544,992 shares.

Analysts expect Resources Connection, Inc. (NASDAQ:RECN) to report $0.20 EPS on January, 3.They anticipate $0.02 EPS change or 11.11 % from last quarter’s $0.18 EPS. RECN’s profit would be $6.03M giving it 19.13 P/E if the $0.20 EPS is correct. After having $0.12 EPS previously, Resources Connection, Inc.’s analysts see 66.67 % EPS growth. The stock decreased 0.97% or $0.15 during the last trading session, reaching $15.3. About 111,007 shares traded. Resources Connection, Inc. (NASDAQ:RECN) has declined 11.17% since December 15, 2016 and is downtrending. It has underperformed by 27.87% the S&P500.

Resources Connection, Inc. (NASDAQ:RECN) Ratings Coverage

Among 2 analysts covering Resources Connection Inc. (NASDAQ:RECN), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Resources Connection Inc. had 6 analyst reports since August 18, 2016 according to SRatingsIntel. The company was maintained on Thursday, October 6 by Deutsche Bank. Deutsche Bank initiated the stock with “Sell” rating in Thursday, August 18 report. The rating was maintained by Deutsche Bank on Friday, July 21 with “Sell”. Robert W. Baird maintained the stock with “Neutral” rating in Thursday, October 6 report. Robert W. Baird maintained the shares of RECN in report on Friday, November 10 with “Hold” rating. The rating was maintained by Robert W. Baird with “Hold” on Friday, August 25.

Resources Connection, Inc. provides agile consulting services in North America, Europe, and the Asia Pacific. The company has market cap of $460.96 million. The firm offers finance and accounting services, including process transformation and optimization, financial reporting and analysis, technical and operational accounting, merger and acquisition due diligence and integration, audit readiness, preparation and response, implementation of new accounting standards, and remediation support. It has a 31.74 P/E ratio. It also provides information management services, such as program and project management, business and technology integration, data strategy, and business performance management.

More important recent Resources Connection, Inc. (NASDAQ:RECN) news were published by: Seekingalpha.com which released: “Resources Connection’s (RECN) CEO Kate Duchene on Q1 2018 Results – Earnings …” on October 05, 2017, also Businesswire.com published article titled: “Resources Connection, Inc. Reports First Quarter Results for Fiscal 2018”, Seekingalpha.com published: “Resources Global Professionals To Acquire Accretive Solutions” on November 02, 2017. More interesting news about Resources Connection, Inc. (NASDAQ:RECN) was released by: Seekingalpha.com and their article: “Resources Connection’s (RECN) CEO Kate Duchene on Q4 2017 Results – Earnings …” with publication date: July 21, 2017.

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