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Resources Connection (NASDAQ: RECN) from from a purchase Note that several other equity badysts have recently weighed on RECN: BidaskClub ranked Resources Connection from a credit rating to a purchase note in a research note on Wednesday, March 21st. Robert W. Baird reaffirmed his confidence rating and issued a target price of $ 17.00 on Resources Connection shares in a research note on Thursday, April 5, 2009. Finally, TheStreet downgraded Resources Connection's resources. C + rating in a research note Thursday.On April 19, two financial badysts listed the stock with a sale rating, three issued a reserve note and another issued a purchase note at the end of the year. Action .00
NASDAQ RECN opened at $ 14.30 on Thursday. Login sources have a minimum of $ 12.05 in one year and a high of $ 17.95 in one year. The company has a market capitalization of $ 450.66 million, a price / earnings ratio of 17.44 and a beta of 1.23. The company has a quick ratio of 2.30, a current ratio of 1.98 and a debt ratio of 0.23.
Resources Connection (NASDAQ: RECN) has released its quarterly earnings data for the last time on Wednesday, July 18th. The business service provider reported earnings per share of $ 0.27 for the quarter, compared to a consensus estimate of $ 0.28 ($ 0.01). Connection Resources recorded a net margin of 2.88% and a return on equity of 10.03%. The company achieved a turnover of $ 184.00 million during the quarter, compared with $ 180.05 million for badysts. During the same period of the previous year, the company earned earnings per share of $ 0.20. Company revenue for the quarter increased 23.5% from one year to the next. Equity research badysts expect Resources Connexion to post EPS of 0.88 for the current fiscal year.
Hedge funds and other institutional investors have recently added or reduced their holdings in the stock. SG Americas Securities LLC purchased a new position in Resources Connection in the first quarter, valued at approximately $ 108,000. Barclays PLC increased its holdings in Resources Connection by 125.2% in the first quarter. Barclays PLC now holds 11,076 shares of the business services provider valued at $ 179,000 after purchasing 6,158 additional shares in the last quarter. MetLife Investment Advisors LLC acquired a new interest in Resources Connection in the fourth quarter, valued at $ 187,000. Alambic Investment Management L.P. acquired a new stake in Resources Connection during the first quarter worth $ 237,000. Finally, Michigan's municipal employee pension system increased its holdings in Resources Connection by 50.4% in the fourth quarter. The Michigan Municipal Employees Retirement System now has 16,740 shares of the Business Service Provider valued at $ 259,000 after purchasing an additional 5,610 shares in the last quarter. 80.34% of the shares are held by hedge funds and other institutional investors.
Resources Login Company Profile
Resources Connection, Inc. provides agile consulting services in North America, Europe and Asia-Pacific. The company provides financial and accounting services including process transformation and optimization, accounting and financial badysis, technical and operational accounting, due diligence and merger and acquisition integration. , audit, preparation and response. 19659002] See also: Short Selling Stocks and Day Traders
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