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NASDAQ:RCMT

RCM Technologies (RCMT) Stock Price, News & Analysis

RCM Technologies logo
$21.52 -0.01 (-0.05%)
(As of 11/22/2024 ET)

About RCM Technologies Stock (NASDAQ:RCMT)

Key Stats

Today's Range
$21.46
$21.91
50-Day Range
$19.55
$25.90
52-Week Range
$17.11
$32.15
Volume
34,627 shs
Average Volume
55,216 shs
Market Capitalization
$163.55 million
P/E Ratio
11.04
Dividend Yield
N/A
Price Target
$37.00
Consensus Rating
Buy

Company Overview

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.

RCM Technologies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
78th Percentile Overall Score

RCMT MarketRank™: 

RCM Technologies scored higher than 78% of companies evaluated by MarketBeat, and ranked 74th out of 321 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 only been the subject of 2 research reports in the past 90 days.

  • Read more about RCM Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for RCM Technologies are expected to grow by 24.15% in the coming year, from $2.07 to $2.57 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of RCM Technologies is 11.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.81.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of RCM Technologies is 11.04, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 29.21.

  • Price to Book Value per Share Ratio

    RCM Technologies has a P/B Ratio of 5.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about RCM Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    2.60% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in RCM Technologies has recently increased by 10.50%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    RCM Technologies does not currently pay a dividend.

  • Dividend Growth

    RCM Technologies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.60% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in RCM Technologies has recently increased by 10.50%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    RCM Technologies has a news sentiment score of 0.22. 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 0.60 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for RCM Technologies this week, compared to 1 article on an average week.
  • 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

    26.40% 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.

  • Read more about RCM Technologies' insider trading history.
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RCMT Stock News Headlines

Benchmark Co. Sticks to Its Buy Rating for Rcm Technologies (RCMT)
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RCM Technologies price target raised to $37 from $33 at Benchmark
RCM Technologies Reports Steady Revenue Growth
See More Headlines

RCMT Stock Analysis - Frequently Asked Questions

RCM Technologies' stock was trading at $29.04 at the start of the year. Since then, RCMT stock has decreased by 25.9% and is now trading at $21.52.
View the best growth stocks for 2024 here
.

RCM Technologies, Inc. (NASDAQ:RCMT) posted its quarterly earnings data on Wednesday, August, 7th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.03. The business services provider had revenue of $69.16 million for the quarter, compared to the consensus estimate of $69.90 million. RCM Technologies had a trailing twelve-month return on equity of 58.70% and a net margin of 5.77%.

RCM Technologies' top institutional shareholders include Geode Capital Management LLC (0.86%), Truvestments Capital LLC (0.46%), State Street Corp (0.34%) and Connor Clark & Lunn Investment Management Ltd. (0.27%). Insiders that own company stock include Bradley Vizi, Kevin D Miller, Michael Saks and Richard A Genovese.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that RCM Technologies investors own include NVIDIA (NVDA), Arista Networks (ANET), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), ServiceNow (NOW) and Novo Nordisk A/S (NVO).

Company Calendar

Last Earnings
8/07/2024
Today
11/22/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/12/2025

Industry, Sector and Symbol

Industry
Help supply services
Sub-Industry
Business Services
Current Symbol
NASDAQ:RCMT
Employees
3,490
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.00
High Stock Price Target
$37.00
Low Stock Price Target
$37.00
Potential Upside/Downside
+71.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$16.83 million
Pretax Margin
8.00%

Debt

Sales & Book Value

Annual Sales
$272.50 million
Cash Flow
$2.48 per share
Book Value
$3.95 per share

Miscellaneous

Free Float
5,591,000
Market Cap
$163.49 million
Optionable
Optionable
Beta
0.63

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This page (NASDAQ:RCMT) was last updated on 11/23/2024 by MarketBeat.com Staff
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