RCM Technologies (RCMT) Projected to Post Earnings on Wednesday

RCM Technologies (NASDAQ:RCMT - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 14th. Analysts expect RCM Technologies to post earnings of $0.59 per share and revenue of $76.04 million for the quarter.

RCM Technologies (NASDAQ:RCMT - Get Free Report) last released its quarterly earnings results on Wednesday, March 12th. The business services provider reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.37). RCM Technologies had a return on equity of 58.70% and a net margin of 5.77%. The business had revenue of $76.91 million during the quarter, compared to the consensus estimate of $79.00 million.

RCM Technologies Stock Performance

Shares of RCMT stock traded up $0.42 during mid-day trading on Friday, reaching $17.75. 26,189 shares of the company's stock traded hands, compared to its average volume of 43,797. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.63 and a current ratio of 1.63. The firm has a market capitalization of $131.42 million, a PE ratio of 9.10 and a beta of 0.15. RCM Technologies has a 12 month low of $13.18 and a 12 month high of $26.37. The firm has a 50 day moving average price of $16.60 and a two-hundred day moving average price of $19.79.

Analyst Ratings Changes

A number of brokerages have commented on RCMT. StockNews.com upgraded RCM Technologies from a "hold" rating to a "buy" rating in a research report on Thursday. B. Riley raised shares of RCM Technologies to a "strong-buy" rating in a report on Tuesday, March 18th. Finally, Benchmark lowered their price target on shares of RCM Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Friday, March 21st.

About RCM Technologies

RCM Technologies, Inc provides business and technology solutions in the United States, Canada, Puerto Rico, and Europe. It operates through three segments: Engineering, Specialty Health Care, and Life Sciences and Information Technology. The Engineering segment offers a range of engineering services, including project management engineering and design, engineering analysis, engineer-procure-construct, configuration management, hardware/software validation and verification, quality assurance, technical writing and publications, manufacturing process planning and improvement, and 3D/BIM integrated design.