Resources ConnectionRGP
About: Resources Connection Inc provides consulting and business initiative support services predominantly through its operative subsidiary, Resources Global Professionals. It has two segments RGP ( Resources Global Professionals.) and Sitrick. The RGP segment is focused on delivering consulting services catering to its client's operational needs and change initiatives utilizing a combination of bench and on-demand, talent. The Sitrick segment provides corporate, financial, transactional, and crisis communication and management services. The company generates a majority of its revenue from the RGP segment. Geographically, it derives its key revenue from North America and the rest from Europe and the Asia Pacific region.
Employees: 3,376
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
49% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 47
1% less funds holding
Funds holding: 178 [Q1] → 177 (-1) [Q2]
2% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 45
6.71% less ownership
Funds ownership: 93.64% [Q1] → 86.92% (-6.71%) [Q2]
21% less capital invested
Capital invested by funds: $413M [Q1] → $324M (-$88.7M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
94% less call options, than puts
Call options by funds: $20K | Put options by funds: $352K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
JP Morgan Andrew Steinerman 89% 1-year accuracy 16 / 18 met price target | 32%upside $11 | Underweight Maintained | 23 Jul 2024 |
Financial journalist opinion
Based on 8 articles about RGP published over the past 30 days
