Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Resources Connection ( (RGP) ) just unveiled an announcement.
On July 2, 2025, Resources Connection, Inc., along with its subsidiaries, entered into a Credit Agreement with Bank of America, N.A., providing a secured revolving loan up to $50 million, with an option to increase by $15 million. The facility, maturing on November 30, 2029, aims to support working capital, corporate purposes, potential acquisitions, and refinance previous debt. The agreement includes covenants and conditions that could impact the company’s financial operations and obligations.
The most recent analyst rating on (RGP) stock is a Sell with a $11.00 price target. To see the full list of analyst forecasts on Resources Connection stock, see the RGP Stock Forecast page.
Spark’s Take on RGP Stock
According to Spark, TipRanks’ AI Analyst, RGP is a Neutral.
The overall stock score reflects significant financial performance challenges, particularly in revenue and cash flow. While there are positive signals from technical analysis and a relatively high dividend yield, these are outweighed by a negative P/E ratio and mixed earnings call sentiment. The company’s strategic focus on international growth and operational efficiency is promising but will take time to offset current market challenges.
To see Spark’s full report on RGP stock, click here.
More about Resources Connection
Average Trading Volume: 234,951
Technical Sentiment Signal: Sell
Current Market Cap: $199.4M
For a thorough assessment of RGP stock, go to TipRanks’ Stock Analysis page.