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How to Buy Resources Connection Stock

Resources Connection Inc

Resources Connection, Inc. provides consulting services to business customers under the Resources Global Professionals name in North America, Europe, and the Asia Pacific.

Resources Connection stock last closed at $11.45, up 2.6% from the previous day, and has decreased 25.07% in one year. It has underperformed other stocks in the Consulting Services industry by 0.45 percentage points. Resources Connection stock is currently +8.12% from its 52-week low of $10.59, and -33.58% from its 52-week high of $17.24.

At the moment, there are 33.81M shares of RGP outstanding. The market cap of RGP is $387.10M. In the past 24 hours, 379,758 RGP shares were traded.

How to Buy Resources Connection Stock

Not sure how to invest in Resources Connection stock? Here's how.
  1. Choose where to buy Resources Connection stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Resources Connection stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Choose your method of payment and add your details.
  4. Evaluate Resources Connection stock: The Resources Connection ticker symbol is RGP. Is Resources Connection stock a good investment? Should you buy shares of RGP? How do RGP's underlying business fundamentals look? Do top analysts think Resources Connection is a good buy? Why has RGP's stock price moved recently? (Hint: Our stock research tools can help you decide if RGP is a good stock to buy).
  5. Place your RGP trade: Decide if you will purchase RGP shares at the current market price or use a limit order to purchase RGP shares at a particular price.
  6. Get updates on your investment in RGP: Create a watchlist to important notifications about your investment in Resources Connection shares.

Step 1: Choose where to buy Resources Connection stock

You need a brokerage account to access the NASDAQ market and buy RGP shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected your brokerage, you need to fill out some personal info so you can invest in RGP today.

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  2. Input your personal data to create a new brokerage account.
  1. Submit your info by pressing the "Create Account" button.
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Step 3: Fund your brokerage account

Now that you have opened your account on stock market app, your next step is to transfer the money for your investment:

Check out the video below if you need help transferring money into your brokerage account.

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Step 4: Evaluate Resources Connection stock

After you have selected the best place to buy Resources Connection stock, it's critical to research their stock before you invest, so you can comprehend the risk as well as the opportunity.

Resources Connection stock data

RGP Price
$11.45
1w %
2.6%
1y %
-25.07%
5y %
-25.41%
P/E
16.84x
P/B
0.93x
P/S
0.57x
PEG
N/A
Revenue
$669.05M
Earnings
$22.33M
Fore. Rev. Growth
4.64%
Fore. Earn. Growth
N/A
Market Cap
$387.10M
Next Earnings
Jun 5, 2024
Next Dividend
Jun 13, 2024

RGP Due Diligence Checks

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis quickly.

You can see all of the due diligence checks on RGP's stock page.

Is RGP stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge RGP's true value.

Using relative valuations ratios:

  • RGP may be undervalued based on its P/E ratio of 16.84x, relative to Consulting Services industry P/E ratio of 29.91x
  • RGP could be undervalued based on its P/B ratio of 0.93x, relative to Consulting Services industry P/B ratio of 7.86x

You can do more valuation analysis on RGP's stock here.

RGP Financial Health Summary

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the RGP balance sheet.
  • RGP has a low debt to equity ratio of 0.26.
  • Total RGP debt is lower than 5 years ago, relative to shareholder equity.
  • RGP's operating cash flow of $36.51M allows it to safely service it's debt of $14.80M.
  • There are more short-term assets than long-term liabilities on the RGP balance sheet.
  • RGP earnings of $34.55M is not sufficient to cover its interest payments.

Negative Financial Indicators:

  • RGP profit margin has gone down from 7.8% to 3.3% in the past year.

Is it a good time to buy Resources Connection stock, according to Wall Street analysts?

Out of 2 Equities analysts who monitor RGP, the consensus analyst rating on RGP is a Buy

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Resources Connection stock forecast page.

RGP Momentum

SMA10
11.2
SMA20
11.28
SMA50
11.6
SMA100
12.5
SMA200
13.43
MACD
-0.11
MACD Signal
-0.14
MACD Histogram
0.03
RSI
52.73
Stochastic %K
32.38
Stochastic %D
22.69
StochRSI %K
50.85
StochRSI %D
30.96

Is RGP Making Money?

Last year, RGP earnings were $22.33M. In the past 5 year, RGP's earnings have increased by -3.44% per year. This was slower than the Consulting Services industry average of 10.51%.

Last year, RGP revenue was $669.05M. Over the past 5 year, RGP's revenue has grown by -1.75% per year. This was slower than the Consulting Services industry average of 7.43%.

Dive into RGP's earnings and revenue performance here.

What are RGP executives and large shareholders up to?

Over the last 12 months, executives and large shareholders at RGP have sold more shares than they have bought.

Jennifer Y. Ryu, CFO of RGP, was the latest RGP insider to sell. They sold $13,689.15 worth of RGP shares on Feb 5, 2024.

Dig into more about who owns RGP stock here.

Does RGP stock generate passive income?

Resources Connection pays a dividend of 4.89%, compared to the Consulting Services industry's average dividend yield of 1.33%. If you owned $1,000 worth of RGP stock, you would have been paid $48.91 in the past year.

Resources Connection dividend payments have consistently grown over the past decade and have remained stable.

Find more analysis about Resources Connection dividend yield and history here.

What do other investors have to say about RGP?

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your RGP trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.

Click the Open button and eToro will execute your order.

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Step 6: Get updates on your investment in RGP

Now that you own some RGP shares, you'll want to stay up-to-date on your stock purchase.

Add RGP to a watchlist to track your RGP stock.

RGP Feed

How to Buy Stock in Resources Connection

To reiterate, here are the 6 steps you need to take to buy Resources Connection stock right now:

  1. Choose where to buy Resources Connection stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Evaluate Resources Connection stock
  5. Place your RGP trade
  6. Get updates on your investment in RGP

If you are looking for a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Resources Connection, get started below.

NASDAQ: RGP
$11.45+0.29 (+2.6%)
Updated May 31, 2024
Open eToro Account
NASDAQ: RGP
$11.45+0.29 (+2.6%)
Updated May 31, 2024
Open eToro Account

FAQ

How much does it cost to buy one Resources Connection share?

As of May 31, 2024, it costs $11.45 to buy one share of Resources Connection stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.437 shares of RGP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Resources Connection stock?

According to 2 Wall Street analysts who monitor Resources Connection, their consensus recommendation is to buy Resources Connection stock.

What is the best way to buy Resources Connection stock?

One way to place an order for Resources Connection stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.