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

March 15, 2018 - By Clifton Ray

 $0.15 EPS Expected for Resources Connection, Inc. (RECN)
Investors sentiment is 1.29 in Q3 2017. Its the same as in 2017Q2. It is flat, 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.
Dupont Capital Mgmt stated it has 0.02% in Resources Connection, Inc. (NASDAQ:RECN). Morgan Stanley holds 0% or 352,861 shares in its portfolio. Panagora Asset holds 284,882 shares or 0.02% of its portfolio. Pinebridge Investments L P owns 3,485 shares for 0% of their portfolio. Lsv Asset holds 0% or 17,900 shares. Prelude Mngmt Lc holds 0.01% or 5,100 shares in its portfolio. Parametric Port Assocs Ltd Llc has invested 0% in Resources Connection, Inc. (NASDAQ:RECN). Barrow Hanley Mewhinney And Strauss Ltd owns 349,952 shares. 25,859 were accumulated by Nationwide Fund. Fmr Lc holds 0% or 124,059 shares. 29,701 are owned by Comerica Bank & Trust. Adams Diversified Equity Fund, Maryland-based fund reported 83,100 shares. Credit Agricole S A holds 148,626 shares or 0.01% of its portfolio. Systematic Management Ltd Partnership has 91,294 shares for 0.03% of their portfolio. Grandeur Peak Advisors Limited Liability Corporation reported 0.38% in Resources Connection, Inc. (NASDAQ:RECN).

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 27.25 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 decreased 0.30% or $0.05 during the last trading session, reaching $16.35. About 98,411 shares traded. Resources Connection, Inc. (NASDAQ:RECN) has declined 11.17% since March 15, 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. The firm has “Sell” rating given on Thursday, August 18 by Deutsche Bank. The firm has “Hold” rating by Robert W. Baird given on Friday, November 10. The stock has “Neutral” rating by Robert W. Baird on Thursday, October 6. As per Friday, August 25, the company rating was maintained by Robert W. Baird. As per Friday, July 21, the company rating was maintained by Deutsche Bank. The stock of Resources Connection, Inc. (NASDAQ:RECN) earned “Sell” rating by J.P. Morgan on Thursday, January 4. As per Thursday, January 4, the company rating was downgraded by JP Morgan. The stock of Resources Connection, Inc. (NASDAQ:RECN) earned “Sell” rating by Deutsche Bank on Thursday, October 6. The firm has “Hold” rating given on Wednesday, January 3 by Robert W. Baird.

Resources Connection, Inc. provides agile consulting services in North America, Europe, and the Asia Pacific. The company has market cap of $512.98 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 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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