Professional
Added to YB: 2024-07-17
Pitch date: 2024-06-30
RGP [bullish]
Resources Connection, Inc.
-48.56%
current return
Author Info
No bio for this author
Company Info
Resources Connection, Inc. engages in the provision of consulting services to business customers under the Resources Global Professionals (RGP) name in North America, the Asia Pacific, and Europe.
Market Cap
$260.1M
Pitch Price
$10.07
Price Target
N/A
Dividend
7.12%
EV/EBITDA
6.18
P/E
-4.26
EV/Sales
0.36
Sector
Professional Services
Category
value
Palm Valley Capital Fund New Position: Resources Connection, Inc.
RGP: Global consulting firm w/ 4,100 pros, 87% Fortune 100 clients. Lowest valuation since IPO 20+ yrs ago. Appealing multiples on trailing/normalized basis. Consistent downward results for 2 yrs, in line w/ industry. Positive FCF every year since IPO. Clean balance sheet. Likely to survive current industry recession. Specializes in business transformation, strategic transactions, regulatory change.
Read full article (1 min)