Resources Connection Inc. (RGP) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, RGP scores 31 out of 100 with a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." Across the five pillars, the Fundamental Cash Engine scores 6 out of 20, reflecting ROIC of -28.9% and an FCF yield of 0.63%. Whale/13F Flow scores 3 out of 20 for institutional accumulation and options positioning. Insider Conviction scores 8 out of 20 based on SEC Form 4 and Congressional PTR cluster flow. Macro Regime Fit scores 6 out of 20, with a beta of 1.0 and sector sensitivity noted. Forensic Balance Sheet scores 8 out of 20, citing an Altman Z of 1.56, a Piotroski F of 6/9, and a Debt/Equity of 0.5.

For a prospective investor evaluating the stock today, the rating points to a weak fundamental cash engine and weak institutional support as the dominant drags. The forensic balance-sheet score is also below midpoint, so the scoring framework treats leverage and solvency signals as a meaningful risk rather than a neutral factor. The only pillar with a relatively constructive read is the balance sheet within this framework, and even that sits at 8 of 20. Upside drivers would need to come from a reversal in operating economics, since the rating's cash-generation and ROIC inputs are the most negative. Valuation tradeoffs are visible in the market data: a low $2.84 share price and a 9.53% dividend yield sit alongside negative operating and net margins, so the yield should be weighed against the cash-flow profile rather than read in isolation. The rating does not account for any catalyst beyond the data provided.

Per the SEC financials, revenue declined from $632.8M in FY 2023 to $452.0M in FY 2025, and operating income moved from $28.8M to $-38.3M over the same span. Per the market data, the gross margin is 37.5%, the operating margin is -8.5%, and the net margin is -9%, with ROIC at -28.9%. Per the Roarable RQD rating, the Altman Z-Score is 1.56 and the Piotroski F-Score is 6/9. The Debt/Equity ratio is 0.5 per the rating inputs, and reported cash was $89.8M at FY 2025.

Per the recent news feed, the most frequent theme is post-earnings weakness: one item reports shares sliding 12.5% after a Q1 revenue miss despite a narrower adjusted loss, another reports a 12.3% fall after a Q1 earnings miss and weak revenue outlook, and a third reports shares tumbling 13% after hours. A RISK WATCH item cites an AI-related rating downgrade, and another describes a stock sink as losses deepen and revenue shrinks. One MARKET WIRE item is a general quote and history page with no stated driver. The Butterfly Supply-Chain Graph lists the supply chain as NONE, with no butterfly links and no proprietary signals.

• What is the company's specific product and service mix, and who are its principal customers, given that the source describes only sector and industry?
• What are the reported EPS, P/E, and EV/EBITDA figures, which the source data leaves unpopulated for the periods shown?
• What drove the FY 2024 net loss of $-191.8M, and how much of the FY 2025 loss of $-40.6M is recurring versus one-time?
• What is the company's reported debt position, given that the FY 2025 and FY 2023 debt entries are N/A in the financials?
• What is the consensus analyst rating and price-target range, and what 13F or insider holdings exist, since the analyst and holders sections are empty?