RCM Technologies (RCMT) to Release Quarterly Earnings on Wednesday

RCM Technologies (NASDAQ:RCMT - Get Free Report) will likely be announcing its earnings results before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.74 per share and revenue of $79.00 million for the quarter.

RCM Technologies Price Performance

Shares of NASDAQ RCMT traded up $0.54 on Friday, hitting $18.66. The company's stock had a trading volume of 21,819 shares, compared to its average volume of 49,989. RCM Technologies has a 12-month low of $17.11 and a 12-month high of $29.23. The company has a market capitalization of $141.76 million, a price-to-earnings ratio of 9.57 and a beta of 0.62. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.63 and a quick ratio of 1.63. The stock has a 50 day moving average of $19.87 and a 200-day moving average of $20.91.

Wall Street Analyst Weigh In

Several analysts have issued reports on RCMT shares. B. Riley upped their price target on shares of RCM Technologies from $35.00 to $37.00 and gave the company a "buy" rating in a report on Monday, November 11th. Benchmark boosted their price objective on shares of RCM Technologies from $33.00 to $37.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Finally, StockNews.com lowered shares of RCM Technologies from a "buy" rating to a "hold" rating in a research report on Monday, November 11th.

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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.