Analysts See $0.15 EPS for Resources Connection, Inc. (RECN)

March 14, 2018 - By Michael Pereira

 Analysts See $0.15 EPS for Resources Connection, Inc. (RECN)
Investors sentiment is 1.29 in 2017 Q3. Its the same as in 2017Q2. It has no change, as 3 investors sold Resources Connection, Inc. shares while 39 reduced holdings. only 21 funds opened positions while 33 raised stakes. 23.67 million shares or 1.20% less from 23.96 million shares in 2017Q2 were reported.
Ameriprise Finance owns 176,557 shares for 0% of their portfolio. Teachers Retirement Sys Of The State Of Kentucky reported 12,676 shares. First Quadrant Lp Ca holds 0.01% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN) for 23,700 shares. Bancorporation Of Ny Mellon Corp stated it has 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). American Intll Gp holds 22,614 shares or 0% of its portfolio. Guggenheim Capital Limited Liability Com reported 0% in Resources Connection, Inc. (NASDAQ:RECN). Fmr Limited Liability Company holds 124,059 shares. The Ohio-based Public Employees Retirement Sys Of Ohio has invested 0% in Resources Connection, Inc. (NASDAQ:RECN). Schwab Charles Inv Mgmt Incorporated has invested 0% in Resources Connection, Inc. (NASDAQ:RECN). 113,200 were reported by South Dakota Investment Council. Pub Sector Pension Investment Board invested 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Barrow Hanley Mewhinney Strauss Ltd, Texas-based fund reported 349,952 shares. Systematic Management Limited Partnership accumulated 91,294 shares or 0.03% of the stock. D E Shaw And Co reported 0% of its portfolio in Resources Connection, Inc. (NASDAQ:RECN). Moreover, Sei Invs has 0% invested in Resources Connection, Inc. (NASDAQ:RECN) for 325 shares.

Analysts expect Resources Connection, Inc. (NASDAQ:RECN) to report $0.15 EPS on April, 4.They anticipate $0.06 EPS change or 66.67 % from last quarter’s $0.09 EPS. RECN’s profit would be $4.71M giving it 27.33 P/E if the $0.15 EPS is correct. After having $0.25 EPS previously, Resources Connection, Inc.’s analysts see -40.00 % EPS growth. The stock increased 0.61% or $0.1 during the last trading session, reaching $16.4. About 107,135 shares traded. Resources Connection, Inc. (NASDAQ:RECN) has declined 11.17% since March 14, 2017 and is downtrending. It has underperformed by 27.87% the S&P500.

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

Among 4 analysts covering Resources Connection Inc. (NASDAQ:RECN), 0 have Buy rating, 3 Sell and 1 Hold. Therefore 0 are positive. Resources Connection Inc. had 9 analyst reports since August 18, 2016 according to SRatingsIntel. JP Morgan downgraded the stock to “Underweight” rating in Thursday, January 4 report. Deutsche Bank initiated Resources Connection, Inc. (NASDAQ:RECN) on Thursday, August 18 with “Sell” rating. On Thursday, January 4 the stock rating was downgraded by J.P. Morgan to “Sell”. As per Thursday, October 6, the company rating was maintained by Robert W. Baird. The rating was maintained by Robert W. Baird with “Hold” on Friday, November 10. Deutsche Bank maintained it with “Sell” rating and $12 target in Friday, July 21 report. The rating was maintained by Robert W. Baird on Friday, August 25 with “Hold”. Robert W. Baird maintained it with “Hold” rating and $16.0 target in Wednesday, January 3 report. Deutsche Bank maintained the stock with “Sell” rating in Thursday, October 6 report.

Resources Connection, Inc. provides agile consulting services in North America, Europe, and the Asia Pacific. The company has market cap of $514.54 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 28.08 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.

Another recent and important Resources Connection, Inc. (NASDAQ:RECN) news was published by Nasdaq.com which published an article titled: “Resources Connection, Inc. (RECN) Ex-Dividend Date Scheduled for February 14, 2018” on February 13, 2018.

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