NASDAQ:RCMT RCM Technologies (RCMT) Stock Forecast, Price & News $17.64 +0.64 (+3.76%) (As of 01:47 PM ET) Add Compare Share Share Today's Range$17.24▼$17.7050-Day Range$11.06▼$17.2752-Week Range$10.11▼$25.28Volume51,549 shsAverage Volume83,093 shsMarket Capitalization$145.88 millionP/E Ratio9.85Dividend YieldN/APrice Target$24.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media RCM Technologies MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside39.8% Upside$24.50 Price TargetShort InterestHealthy5.76% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.36Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth21.95%From $2.05 to $2.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.98 out of 5 starsBusiness Services Sector12th out of 332 stocksHelp Supply Services Industry3rd out of 17 stocks 3.5 Analyst's Opinion Consensus RatingRCM Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.50, RCM Technologies has a forecasted upside of 39.8% from its current price of $17.53.Amount of Analyst CoverageRCM Technologies has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.76% of the float of RCM Technologies has been sold short.Short Interest Ratio / Days to CoverRCM Technologies has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in RCM Technologies has recently decreased by 10.64%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldRCM Technologies does not currently pay a dividend.Dividend GrowthRCM Technologies does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RCMT. Previous Next 3.5 News and Social Media Coverage News SentimentRCM Technologies has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for RCM Technologies this week, compared to 2 articles on an average week.Search Interest3 people have searched for RCMT on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows3 people have added RCM Technologies to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RCM Technologies insiders have not sold or bought any company stock.Percentage Held by Insiders23.60% of the stock of RCM Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions40.53% of the stock of RCM Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for RCM Technologies are expected to grow by 21.95% in the coming year, from $2.05 to $2.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of RCM Technologies is 9.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.67.Price to Earnings Ratio vs. SectorThe P/E ratio of RCM Technologies is 9.79, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 248.63.Price to Book Value per Share RatioRCM Technologies has a P/B Ratio of 5.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About RCM Technologies (NASDAQ:RCMT) StockRCM Technologies, Inc. engages in the provision of business and technology solutions. It operates through the following segments: Engineering, Specialty Health Care, and Information Technology. The Engineering segment offers a portfolio of engineering and design services across energy services, process and industrial, and aerospace sectors. The Specialty Healthcare segment offers staffing solutions of healthcare professionals and teletherapy services. The Information Technology segment provides enterprise business solutions, application services, infrastructure solutions, and life sciences solutions. The company was founded by Leon Kopyt in 1971 and is headquartered in Pennsauken, NJ.Read More Receive RCMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RCM Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address RCMT Stock News HeadlinesJune 9, 2023 | finance.yahoo.comShould You Invest in RCM Technologies (RCMT)?June 1, 2023 | finance.yahoo.comInvesting in RCM Technologies (NASDAQ:RCMT) three years ago would have delivered you a 801% gainJune 9, 2023 | Edge On The Street (Ad)All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A SupercycleMore automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...May 30, 2023 | finance.yahoo.comWhy RCM Technologies, Inc. (RCMT) Might be Well Poised for a SurgeMay 30, 2023 | americanbankingnews.comRCM Technologies (NASDAQ:RCMT) Stock Rating Upgraded by StockNews.comMay 22, 2023 | americanbankingnews.comStockNews.com Downgrades RCM Technologies (NASDAQ:RCMT) to HoldMay 16, 2023 | americanbankingnews.comB. Riley Analysts Increase Earnings Estimates for RCM Technologies, Inc. (NASDAQ:RCMT)May 15, 2023 | finance.yahoo.comRCM Energy Services Announces the Opening of its New Operation Centre in GermanyJune 9, 2023 | Edge On The Street (Ad)All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A SupercycleMore automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...May 14, 2023 | americanbankingnews.comRCM Technologies (NASDAQ:RCMT) Downgraded by StockNews.comMay 14, 2023 | americanbankingnews.comB. Riley Boosts RCM Technologies (NASDAQ:RCMT) Price Target to $19.00May 13, 2023 | finance.yahoo.comRCM Technologies, Inc. (NASDAQ:RCMT) Q1 2023 Earnings Call TranscriptMay 12, 2023 | msn.comBenchmark Reiterates RCM Technologies (RCMT) Buy RecommendationMay 12, 2023 | markets.businessinsider.comWhere RCM Technologies Stands With AnalystsMay 11, 2023 | msn.comB. Riley Securities Maintains RCM Technologies (RCMT) Buy RecommendationMay 11, 2023 | finance.yahoo.comWe Like RCM Technologies' (NASDAQ:RCMT) Returns And Here's How They're TrendingMay 8, 2023 | msn.comRCM Technologies Q1 2023 Earnings PreviewMay 7, 2023 | americanbankingnews.comRCM Technologies (RCMT) Scheduled to Post Earnings on TuesdayApril 28, 2023 | msn.comRCM Technologies says preliminary Q1 revenue is $67.1MApril 28, 2023 | finance.yahoo.comRCM Technologies, Inc. Reports Preliminary First Quarter 2023 Revenue and Operating IncomeApril 20, 2023 | finance.yahoo.comIs RCM Technologies, Inc.'s (NASDAQ:RCMT) Stock's Recent Performance A Reflection Of Its Financial Health?April 1, 2023 | americanbankingnews.comFY2023 EPS Estimates for RCM Technologies, Inc. Cut by B. Riley (NASDAQ:RCMT)March 30, 2023 | americanbankingnews.comB. Riley Lowers RCM Technologies (NASDAQ:RCMT) Price Target to $17.00March 29, 2023 | seekingalpha.comRCM Technologies: A Covid Surge Masked Rapid Underlying GrowthMarch 29, 2023 | americanbankingnews.comBrokers Set Expectations for RCM Technologies, Inc.'s Q1 2023 Earnings (NASDAQ:RCMT)March 15, 2023 | msn.comRCM Technologies GAAP EPS of $0.48, revenue of $70.22MMarch 15, 2023 | finance.yahoo.comRCM Technologies, Inc. Announces Fourth Quarter and Fiscal Year 2022 ResultsSee More Headlines RCMT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RCMT Company Calendar Last Earnings3/16/2023Today6/09/2023Next Earnings (Estimated)8/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Help supply services Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:RCMT CUSIPN/A CIK700841 Webwww.rcmt.com Phone(856) 356-4500Fax856-356-4600Employees3,260Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.50 High Stock Price Forecast$30.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside+44.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.79 Trailing P/E Ratio9.50 Forward P/E Ratio8.29 P/E GrowthN/ANet Income$20.89 million Net Margins6.75% Pretax Margin9.19% Return on Equity53.53% Return on Assets21.35% Debt Debt-to-Equity Ratio0.68 Current Ratio1.58 Quick Ratio1.58 Sales & Book Value Annual Sales$284.68 million Price / Sales0.49 Cash Flow$2.27 per share Price / Cash Flow7.49 Book Value$3.25 per share Price / Book5.23Miscellaneous Outstanding Shares8,270,000Free Float6,318,000Market Cap$140.59 million OptionableOptionable Beta0.79 Key ExecutivesBradley Scott ViziExecutive Chairman & PresidentKevin D. MillerChief Financial Officer, Secretary & TreasurerWilliam GarganoGroup SVP-IT & Life Sciences ServicesMichael SaksPresident-Health Care ServicesKey CompetitorsDLHNASDAQ:DLHCStartekNYSE:SRTBGSFNYSE:BGSFHudson GlobalNASDAQ:HSONHireQuestNASDAQ:HQIView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 10,421 shares on 5/22/2023Ownership: 1.110%Advisory Services Network LLCBought 14,594 shares on 5/17/2023Ownership: 0.176%Susquehanna International Group LLPSold 11,820 shares on 5/16/2023Ownership: 0.266%First Trust Advisors LPBought 1,377 shares on 5/16/2023Ownership: 0.219%Jane Street Group LLCBought 2,888 shares on 5/16/2023Ownership: 0.218%View All Insider TransactionsView All Institutional Transactions RCMT Stock - Frequently Asked Questions Should I buy or sell RCM Technologies stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RCM Technologies in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RCMT shares. View RCMT analyst ratings or view top-rated stocks. What is RCM Technologies' stock price forecast for 2023? 1 brokerages have issued twelve-month price objectives for RCM Technologies' stock. Their RCMT share price forecasts range from $19.00 to $30.00. On average, they expect the company's stock price to reach $24.50 in the next year. This suggests a possible upside of 44.1% from the stock's current price. View analysts price targets for RCMT or view top-rated stocks among Wall Street analysts. How have RCMT shares performed in 2023? RCM Technologies' stock was trading at $12.34 at the start of the year. Since then, RCMT stock has increased by 37.8% and is now trading at $17.00. View the best growth stocks for 2023 here. When is RCM Technologies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our RCMT earnings forecast. How were RCM Technologies' earnings last quarter? RCM Technologies, Inc. (NASDAQ:RCMT) posted its quarterly earnings data on Thursday, March, 16th. The business services provider reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.02. The business services provider had revenue of $70.22 million for the quarter, compared to analyst estimates of $67.05 million. RCM Technologies had a net margin of 6.75% and a trailing twelve-month return on equity of 53.53%. What ETF holds RCM Technologies' stock ? First Trust Dow Jones Select Microcap Index Fund holds 18,078 shares of RCMT stock, representing 0.14% of its portfolio. What guidance has RCM Technologies issued on next quarter's earnings? RCM Technologies issued an update on its first quarter 2023 earnings guidance on Friday, April, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $67.10 million-$67.10 million, compared to the consensus revenue estimate of $65.16 million. What is Rocco Campanelli's approval rating as RCM Technologies' CEO? 39 employees have rated RCM Technologies Chief Executive Officer Rocco Campanelli on Glassdoor.com. Rocco Campanelli has an approval rating of 65% among the company's employees. What other stocks do shareholders of RCM Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other RCM Technologies investors own include Tilly's (TLYS), ADMA Biologics (ADMA), Zosano Pharma (ZSAN), DHT (DHT), Enerplus (ERF), Gran Tierra Energy (GTE), Hallador Energy (HNRG), Matinas BioPharma (MTNB), Novan (NOVN) and Organigram (OGI). What is RCM Technologies' stock symbol? RCM Technologies trades on the NASDAQ under the ticker symbol "RCMT." Who are RCM Technologies' major shareholders? RCM Technologies' stock is owned by many different institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (7.79%), Dimensional Fund Advisors LP (4.35%), Acadian Asset Management LLC (1.21%), Ameriprise Financial Inc. (1.11%), CM Wealth Advisors LLC (0.84%) and O Shaughnessy Asset Management LLC (0.68%). Insiders that own company stock include Bradley Vizi, Kevin D Miller, Michael Saks, Richard A Genovese and Roger H Ballou. View institutional ownership trends. How do I buy shares of RCM Technologies? Shares of RCMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is RCM Technologies' stock price today? One share of RCMT stock can currently be purchased for approximately $17.00. How much money does RCM Technologies make? RCM Technologies (NASDAQ:RCMT) has a market capitalization of $140.59 million and generates $284.68 million in revenue each year. The business services provider earns $20.89 million in net income (profit) each year or $1.79 on an earnings per share basis. How many employees does RCM Technologies have? The company employs 3,260 workers across the globe. How can I contact RCM Technologies? RCM Technologies' mailing address is 2500 MCCLELLAN AVENUE SUITE 350, PENNSAUKEN NJ, 08109. The official website for the company is www.rcmt.com. The business services provider can be reached via phone at (856) 356-4500, via email at info@rcmt.com, or via fax at 856-356-4600. This page (NASDAQ:RCMT) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding RCM Technologies, Inc. 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