RGP Forecast


Bullish Case: RGP's mean-reverting nature and consistent dividends suggest undervaluation. ROE at sector average implies stabilized earnings, creating a strong floor around current levels. Short-term calls or bull spreads can exploit potential upside.


Bearish Case: Persisting revenue decline, increased capital deployment with reducing returns (ROCE), and high implied volatility suggest downside risk. Elevated puts signal market's bearish sentiment. Bear spreads reduce capital risk amid high uncertainty.


Potential Outcomes: Continued revenue erosion weighs on RGP (40%), strategic acquisition brings upside surprises (30%), industry headwinds suppress earnings further (30%).


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June 30, 2024


Resources Connection Forecast

RGP      Resources Connection











Correlated Assets

Assets that tend to move strongly with RGP



CMP Forecast + Options Trading Strategies   CMP  Compass Minerals International (0.97)


MED Forecast + Options Trading Strategies   MED  Medifast (0.95)


PTLO Forecast + Options Trading Strategies   PTLO  Portillos (0.94)


SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (0.94)


PACB Forecast + Options Trading Strategies   PACB  Pacific Biosciences of California (0.94)



Uncorrelated Assets

Assets with little price relationship to RGP



FTDR Forecast + Options Trading Strategies   FTDR  Frontdoor (0.0)


DPST Forecast + Options Trading Strategies   DPST  Direxion Daily Regional Banks Bull 3X Shares (-0.0)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.0)


HPQ Forecast + Options Trading Strategies   HPQ  HP (-0.0)


WEAV Forecast + Options Trading Strategies   WEAV  Weave Communications (0.0)



Anticorrelated Assets

Assets that tend to move strongly against RGP



STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (-0.92)


NRG Forecast + Options Trading Strategies   NRG  NRG Energy (-0.92)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.92)


MCK Forecast + Options Trading Strategies   MCK  Mckesson (-0.93)


PGR Forecast + Options Trading Strategies   PGR  Progressive (-0.93)





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