RCM Technologies (NASDAQ:RCMT - Get Free Report) will be issuing its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.37 per share for the quarter.
RCM Technologies (NASDAQ:RCMT - Get Free Report) last announced its earnings results on Wednesday, August 7th. The business services provider reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.03). RCM Technologies had a return on equity of 67.39% and a net margin of 6.19%. The business had revenue of $69.16 million for the quarter, compared to analyst estimates of $69.90 million. During the same period in the previous year, the company earned $0.47 earnings per share. On average, analysts expect RCM Technologies to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
RCM Technologies Price Performance
RCM Technologies stock traded down $0.76 during trading on Monday, reaching $21.99. The company had a trading volume of 41,315 shares, compared to its average volume of 59,352. The firm has a market capitalization of $167.78 million, a PE ratio of 11.04 and a beta of 0.63. The firm's 50-day simple moving average is $20.50 and its 200 day simple moving average is $19.85. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.48 and a current ratio of 1.48. RCM Technologies has a 1-year low of $17.11 and a 1-year high of $32.15.
Wall Street Analysts Forecast Growth
Separately, Benchmark reiterated a "buy" rating and issued a $33.00 target price on shares of RCM Technologies in a research report on Tuesday, August 13th.
Check Out Our Latest Stock Analysis on RCMT
About RCM Technologies
(
Get Free Report)
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.
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