Should I buy or sell RCM Technologies stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RCM Technologies in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RCMT shares. View RCMT analyst ratings or view top-rated stocks .

What is RCM Technologies' stock price target for 2024?

2 Wall Street research analysts have issued 12-month target prices for RCM Technologies' stock. Their RCMT share price targets range from $22.00 to $33.00. On average, they expect the company's stock price to reach $27.50 in the next year. This suggests a possible upside of 44.0% 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 2024?

RCM Technologies' stock was trading at $29.04 on January 1st, 2024. Since then, RCMT shares have decreased by 34.2% and is now trading at $19.10. View the best growth stocks for 2024 here .

When is RCM Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our RCMT earnings forecast .

How were RCM Technologies' earnings last quarter?

RCM Technologies, Inc. (NASDAQ:RCMT) posted its earnings results on Wednesday, March, 13th. The business services provider reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.08. The business services provider earned $71.03 million during the quarter, compared to analysts' expectations of $72.47 million. RCM Technologies had a net margin of 6.39% and a trailing twelve-month return on equity of 71.41%.

What ETF holds RCM Technologies' stock?

Ballast Small/Mid Cap ETF holds 87,644 shares of RCMT stock, representing 1.24% of its portfolio.

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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:RCMT

RCM Technologies (RCMT) Stock Price, News & Analysis

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$19.10

+0.39 (+2.08%)

(As of 04/18/2024 ET)

Compare

Today's Range: $18.80
▼
$19.46
50-Day Range: $18.71
▼
$29.55
52-Week Range: $11.14
▼
$32.15

Volume: 88,470 shs
Average Volume: 90,751 shs
Market Capitalization: $151.65 million

P/E Ratio: 9.60
Dividend Yield: N/A
Price Target: $27.50

Get RCM Technologies alerts:

RCM Technologies MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 44.0% Upside
$27.50 Price Target
Short Interest: Healthy
5.41% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.30
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 14.15%
From $2.12 to $2.42 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.66 out of 5 stars

Business Services Sector

87th out of 307 stocks

Help Supply Services Industry

10th out of 17 stocks

3.5

Analyst's Opinion

Consensus Rating
RCM Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
RCM Technologies has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
5.41% of the float of RCM Technologies has been sold short.
Short Interest Ratio / Days to Cover
RCM Technologies has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in RCM Technologies has recently decreased by 9.57%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
RCM Technologies does not currently pay a dividend.
Dividend Growth
RCM Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RCMT.

1.8

News and Social Media Coverage

News Sentiment
RCM Technologies has a news sentiment score of 0.30. 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 lower news sentiment than the 0.51 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for RCM Technologies this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for RCMT on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RCM Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
32.30% 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 Institutions
43.20% of the stock of RCM Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for RCM Technologies are expected to grow by 14.15% in the coming year, from $2.12 to $2.42 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RCM Technologies is 9.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of RCM Technologies is 9.60, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 26.66.
Price to Book Value per Share Ratio
RCM Technologies has a P/B Ratio of 5.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About RCM Technologies Stock (NASDAQ:RCMT)

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. The Specialty Health Care segment provides long-term and short-term staffing, executive search, international recruitment, and placement services in the fields of allied and therapy staffing, correctional healthcare staffing, health information management, nursing services, physician and advanced practice, school staffing and recruitment, and telepractice. The Life Sciences and Information Technology segment offers enterprise business solutions, application services, IT infrastructure solutions, life sciences solutions, and other vertical market specific solutions; and data solutions, digitization, recruiting process outsourcing, human capital management solutions, workforce management, and consulting services. The company serves aerospace and defense, energy, financial services, health care, life sciences, manufacturing and distribution, and technology industries, as well as educational institutions and the public sector. RCM Technologies, Inc. was founded in 1971 and is based in Pennsauken, New Jersey.

RCMT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RCMT Stock News Headlines

April 14, 2024 | americanbankingnews.com

RCM Technologies (NASDAQ:RCMT) Upgraded to Buy at StockNews.com

March 14, 2024 | msn.com

ShiftPixy, Solidion Technology, RCM Technologies among industrial movers

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March 13, 2024 | benzinga.com

Recap: RCM Technologies Q4 Earnings

March 13, 2024 | finance.yahoo.com

RCM Technologies Inc (RCMT) Reports Mixed Financial Results for Fiscal Year 2023

March 13, 2024 | globenewswire.com

RCM Technologies, Inc. Announces Fourth Quarter and Fiscal Year 2023 Results

March 11, 2024 | globenewswire.com

RCM Technologies, Inc. Announces Conference Call

March 2, 2024 | seekingalpha.com

RCM Technologies: The Healthcare Sector Should Improve Going Forward

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February 28, 2024 | investorplace.com

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February 24, 2024 | msn.com

RCM Technologies (RCMT) Price Target Increased by 19.30% to 34.68

February 22, 2024 | barrons.com

RCM Technologies Inc.

February 20, 2024 | investorplace.com

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February 16, 2024 | msn.com

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February 16, 2024 | investorplace.com

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February 14, 2024 | finance.yahoo.com

Jim Simons Adds RCM Technologies Inc to Portfolio

February 1, 2024 | msn.com

Humans reached icy northern Europe in time of Neanderthals

February 1, 2024 | msn.com

Humans migrating to Europe 45,000 years ago ‘were resilient to harsh climate’

January 30, 2024 | finance.yahoo.com

RCM Technologies' (NASDAQ:RCMT) investors will be pleased with their incredible 977% return over the last three years

January 10, 2024 | seekingalpha.com

Why I Think RCM Technologies Will Do Well This Earnings Season

January 5, 2024 | finance.yahoo.com

Visa (V) Enhances Customer Experience With New Loyalty Solution

January 2, 2024 | finance.yahoo.com

RCM Technologies, Inc.'s (NASDAQ:RCMT) largest shareholders are retail investors with 33% ownership, institutions own 28%

January 1, 2024 | finance.yahoo.com

RCM Technologies, Inc. (RCMT) is on the Move, Here's Why the Trend Could be Sustainable

December 30, 2023 | finance.yahoo.com

Executive Chairman & President Bradley Vizi Sells 21,647 Shares of RCM Technologies Inc (RCMT)

December 29, 2023 | finance.yahoo.com

Executive Chairman & President Bradley Vizi Sells 13,003 Shares of RCM Technologies Inc (RCMT)

December 22, 2023 | finance.yahoo.com

RCM Technologies Inc CFO Kevin Miller Sells 40,000 Shares

See More Headlines

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Company Calendar

Last Earnings: 3/13/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Help supply services
Sub-Industry: N/A
Current Symbol: NASDAQ:RCMT
CUSIP: N/A
CIK: 700841
Web: www.rcmt.com
Phone: (856) 356-4500
Fax: 856-356-4600
Employees: 3,490
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $27.50
High Stock Price Target: $33.00
Low Stock Price Target: $22.00
Potential Upside/Downside: +44.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.99
Trailing P/E Ratio: 9.60
Forward P/E Ratio: 9.01
P/E Growth: N/A
Net Income: $16.83 million
Net Margins: 6.39%
Pretax Margin: 8.43%
Return on Equity: 71.41%
Return on Assets: 16.11%

Debt

Debt-to-Equity Ratio: 1.19
Current Ratio: 1.56
Quick Ratio: 1.56

Sales & Book Value

Annual Sales: $263.24 million
Price / Sales: 0.58
Cash Flow: $2.48 per share
Price / Cash Flow: 7.71
Book Value: $3.31 per share
Price / Book: 5.77

Miscellaneous

Outstanding Shares: 7,940,000
Free Float: 5,375,000
Market Cap: $151.65 million
Optionable: Optionable
Beta: 0.73

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Key Executives

Mr. Bradley S. Vizi CFA (Age 40)
Executive Chairman & President
Comp: $481.45k
Mr. Kevin D. Miller (Age 57)
CFO, Treasurer & Secretary
Comp: $647.39k
Mr. Michael Saks (Age 68)
Division President of Health Care Services
Comp: $645.02k
Mr. William D. Gargano (Age 62)
Group Senior Vice President of IT & Life Sciences Services
Comp: $285.08k
Ms. Christine Ciocca
Executive Vice President of Aerospace & Defense
Mr. Peter Grossman
Senior Vice President of Energy Services Division

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RCMT Stock Analysis - Frequently Asked Questions

Should I buy or sell RCM Technologies stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RCM Technologies in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RCMT shares.
View RCMT analyst ratings or view top-rated stocks.
What is RCM Technologies' stock price target for 2024?: 2 Wall Street research analysts have issued 12-month target prices for RCM Technologies' stock. Their RCMT share price targets range from $22.00 to $33.00. On average, they expect the company's stock price to reach $27.50 in the next year. This suggests a possible upside of 44.0% 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 2024?: RCM Technologies' stock was trading at $29.04 on January 1st, 2024. Since then, RCMT shares have decreased by 34.2% and is now trading at $19.10.
View the best growth stocks for 2024 here.
When is RCM Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our RCMT earnings forecast.
How were RCM Technologies' earnings last quarter?: RCM Technologies, Inc. (NASDAQ:RCMT) posted its earnings results on Wednesday, March, 13th. The business services provider reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.08. The business services provider earned $71.03 million during the quarter, compared to analysts' expectations of $72.47 million. RCM Technologies had a net margin of 6.39% and a trailing twelve-month return on equity of 71.41%.

What ETF holds RCM Technologies' stock?: Ballast Small/Mid Cap ETF holds 87,644 shares of RCMT stock, representing 1.24% of its portfolio.
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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RCMT) was last updated on 4/19/2024 by MarketBeat.com Staff

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RCM Technologies (RCMT) Stock Price, News & Analysis

RCM Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About RCM Technologies Stock (NASDAQ:RCMT)

RCMT Stock Price History

RCMT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

RCMT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™