RCM Technologies (RCMT) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $21.28 to $22.24
• 50-Day Range: $18.75 to $25.90
• 52-Week Range: $17.11 to $32.15
• Volume: 65,115 shs
• Average Volume: 59,713 shs
• Market Capitalization: $164.39 million
• P/E Ratio: 11.09
• Dividend Yield: N/A
• Price Target: $37.00
• Consensus Rating: Buy

RCM Technologies Stock Analysis - MarketRank™

RCM Technologies scored higher than 80% of companies evaluated by MarketBeat, and ranked 78th out of 331 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

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.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 24.76%

Earnings Growth

Earnings for RCM Technologies are expected to grow by 24.76% in the coming year, from $2.06 to $2.57 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of RCM Technologies is 11.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.16.

Price to Earnings Ratio vs. Sector

The P/E ratio of RCM Technologies is 11.09, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 46.32.

Price to Book Value per Share Ratio

RCM Technologies has a P/B Ratio of 6.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

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

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

RCM Technologies does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

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 and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.47

News Sentiment

RCM Technologies has a news sentiment score of 0.47. 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 news sentiment score is similar to the average news sentiment 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 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

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.

RCMT Stock Analysis - Frequently Asked Questions

How have RCMT shares performed this year?

RCM Technologies' stock was trading at $29.04 on January 1st, 2024. Since then, RCMT stock has decreased by 25.5% and is now trading at $21.63.
View the best growth stocks for 2024 here.

How were RCM Technologies' earnings last quarter?

RCM Technologies, Inc. (NASDAQ:RCMT) posted its earnings results on Wednesday, August, 7th. The business services provider reported $0.47 EPS for the quarter, missing analysts' consensus estimates 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 net margin of 5.77% and a trailing twelve-month return on equity of 58.70%.

Who are RCM Technologies' major shareholders?

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.

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.

What other stocks do shareholders of RCM Technologies own?

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: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/12/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Help supply services
• Sub-Industry: Business Services
• 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: $37.00
• High Stock Price Target: $37.00
• Low Stock Price Target: $37.00
• Potential Upside/Downside: +71.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.95
• Trailing P/E Ratio: 11.09
• Forward P/E Ratio: 10.50
• P/E Growth: N/A
• Net Income: $16.83 million
• Net Margins: 5.77%
• Pretax Margin: 8.00%
• Return on Equity: 58.70%
• Return on Assets: 13.76%

Debt

• Debt-to-Equity Ratio: 1.06
• Current Ratio: 1.63
• Quick Ratio: 1.63

Sales & Book Value

• Annual Sales: $263.24 million
• Price / Sales: 0.62
• Cash Flow: $2.41 per share
• Price / Cash Flow: 8.96
• Book Value: $3.31 per share
• Price / Book: 6.53

Miscellaneous

• Outstanding Shares: 7,600,000
• Free Float: 5,591,000
• Market Cap: $164.39 million
• Optionable: Optionable
• Beta: 0.63