RCM Technologies, Inc. (RCMT)

NASDAQ: RCMT · Real-Time Price · USD
21.63
+0.13 (0.60%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.60%
Market Cap 164.32M
Revenue (ttm) 272.50M
Net Income (ttm) 15.72M
Shares Out 7.60M
EPS (ttm) 1.95
PE Ratio 11.08
Forward PE 8.27
Dividend n/a
Ex-Dividend Date n/a
Volume 62,839
Open 21.45
Previous Close 21.50
Day's Range 21.45 - 22.24
52-Week Range 17.11 - 32.15
Beta 0.64
Analysts Strong Buy
Price Target 37.00 (+71.06%)
Earnings Date Nov 7, 2024

About 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 pr... [Read more]

Industry Conglomerates
Sector Industrials
Founded 1971
Employees 3,770
Stock Exchange NASDAQ
Ticker Symbol RCMT
Full Company Profile

Financial Performance

In 2023, RCM Technologies's revenue was $263.24 million, a decrease of -7.53% compared to the previous year's $284.68 million. Earnings were $16.83 million, a decrease of -19.43%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for RCMT stock is "Strong Buy." The 12-month stock price forecast is $37.0, which is an increase of 71.06% from the latest price.

Price Target
$37.0
(71.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

RCM Technologies, Inc. (RCMT) Q3 2024 Earnings Call Transcript

RCM Technologies, Inc. (NASDAQ:RCMT) Q3 2024 Earnings Conference Call November 8, 2024 1:00 PM ET Company Participants Kevin Miller - Chief Financial Officer Bradley Vizi - Executive Chairman Confere...

12 days ago - Seeking Alpha

RCM Technologies, Inc. Announces Third Quarter Results

PENNSAUKEN, N.J., Nov. 07, 2024 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of solutions designed to enhance the operational performance of its customers through th...

13 days ago - GlobeNewsWire

RCM Technologies, Inc. Announces Conference Call

PENNSAUKEN, N.J., Nov. 01, 2024 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT) will hold a conference call on Friday, November 8, 2024 at 1:00 p.m. Eastern time to discuss the financial r...

19 days ago - GlobeNewsWire

RCM Technologies Q3 Preview: Grossly Undervalued, Even Under Conservative Estimates

RCM Technologies' Q3 '24 earnings report is anticipated on November 6th, with expectations of conservative EPS and sales estimates, presenting a strong buy opportunity. I expect the company to beat co...

4 weeks ago - Seeking Alpha

Two Share Price Forecasts For RCM Technologies: One Up And One Way Up

RCM Technologies (RCMT) is a micro-cap growth stock with rising revenue, EBITDA, and earnings, primarily from specialized healthcare staffing. Despite growing earnings, the stock price has been depres...

7 weeks ago - Seeking Alpha

RCM Technologies, Inc. (RCMT) Q2 2024 Earnings Call Transcript

RCM Technologies, Inc. (NASDAQ:RCMT) Q2 2024 Earnings Conference Call August 8, 2024 1:00 PM ET Company Participants Kevin Miller - CFO Brad Vizi - Executive Chairman Conference Call Participants Ale...

3 months ago - Seeking Alpha

RCM Technologies, Inc. (RCMT) Q1 2024 Earnings Call Transcript

RCM Technologies, Inc. (NASDAQ:RCMT) Q1 2024 Earnings Conference Call May 9, 2024 11:30 AM ET Company Participants Brad Vizi - Executive Chairman Kevin Miller - Chief Financial Officer Conference Cal...

6 months ago - Seeking Alpha

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

PENNSAUKEN, N.J., March 13, 2024 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of business and technology solutions designed to enhance and maximize the operational p...

9 months ago - GlobeNewsWire

5 Small-Cap Growth Stocks I Liked In 2023, Still Look Good In 2024

Small-cap stocks are undervalued and could see a significant increase in value in 2024. Five small-cap growth stocks in the industrial sector have seen a value increase of over 45% or more in the past...

Other symbols: AMSCCECODLHCPOWL
9 months ago - Seeking Alpha

Why I Think RCM Technologies Will Do Well This Earnings Season

RCM Technologies is a $250 million market cap company operating in engineering, specialty healthcare, and life sciences and IT sectors. The company's next earnings are expected on March 13, 2024, and ...

11 months ago - Seeking Alpha

RCM Technologies, Inc. (RCMT) Q3 2023 Earnings Call Transcript

RCM Technologies, Inc. (NASDAQ:RCMT) Q3 2023 Results Conference Call November 9, 2023 11:00 AM ET Company Participants Brad Vizi - Executive Chairman Kevin Miller - Chief Financial Officer Conference...

1 year ago - Seeking Alpha

RCM Technologies: Reaching A Tipping Point

The global HR and recruitment industry has benefited from a tight labor market, leading to increased hiring and outsourcing of recruitment processes. RCM Technologies, Inc., a provider of specialty se...

1 year ago - Seeking Alpha

RCM Technologies: A Hidden Gem With Massive Upside Potential

RCM Technologies has seen massively improved financial metrics and is considered a strong buy due to its promising future in the specialty healthcare segment. The company's revenues primarily come fro...

1 year ago - Seeking Alpha

RCM Technologies, Inc. Announces Second-Quarter Results

PENNSAUKEN, N.J., Aug. 09, 2023 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of business and technology solutions designed to enhance and maximize the operational pe...

1 year ago - GlobeNewsWire

Small Cap Alpha, Commodity Danger And Advanced Emissions Solutions With Courage & Conviction Investing

Courage & Conviction Investing on small cap alpha and his 1st half performance (returns up ~46%). How capturing gains in RCM Technologies and TravelCenters of America exemplify investing strategy.

Other symbols: BP
1 year ago - Seeking Alpha

RCM Technologies: COVID Boost Gone But 2023 EBITDA Expected Above $20 Million

Revenues declined by 18.1% in Q1 2023 while EBITDA slumped by 35.9% as its specialty healthcare services segment is no longer benefitting from increased demand due to COVID. Yet, the engineering, life...

1 year ago - Seeking Alpha

RCM Energy Services Announces the Opening of its New Operation Centre in Germany

PENNSAUKEN, N.J., May 15, 2023 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of business and technology solutions designed to enhance and maximize the operational per...

1 year ago - GlobeNewsWire

RCM Technologies, Inc. (RCMT) Q1 2023 Earnings Call Transcript

RCM Technologies, Inc. (NASDAQ:RCMT) Q1 2023 Earnings Conference Call May 10, 2023 1:00 PM ET Company Participants Kevin Miller - Chief Financial Officer Brad Vizi - Executive Chairman Conference Cal...

1 year ago - Seeking Alpha

RCM Technologies, Inc. Announces First-Quarter Results

PENNSAUKEN, N.J., May 09, 2023 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of business and technology solutions designed to enhance and maximize the operational per...

1 year ago - GlobeNewsWire

RCM Technologies, Inc. Reports Preliminary First Quarter 2023 Revenue and Operating Income

PENNSAUKEN, N.J., April 28, 2023 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of business and technology solutions designed to enhance and maximize the operational p...

1 year ago - GlobeNewsWire

RCM Technologies Should Benefit From Multi-Billion Dollar Government Programs

RCM Technologies will benefit, in my opinion, from unprecedented, multi-billion dollar government programs in school healthcare and decarbonization. RCMT is also positioned to benefit from the growth ...

1 year ago - Seeking Alpha

RCM Technologies: A Covid Surge Masked Rapid Underlying Growth

RCM Technologies has enjoyed rapid growth the past two years yet trades at a P/E ratio of 6. The company had a history of low growth and weak profit margins in the 2010s until a surge in revenue in 20...

1 year ago - Seeking Alpha

RCM Technologies, Inc. (RCMT) Q4 2022 Earnings Call Transcript

RCM Technologies, Inc. (NASDAQ:RCMT) Q4 2022 Results Conference Call March 16, 2023 11:00 AM ET Company Participants Kevin Miller - CFO Brad Vizi - Executive Chairman Alex Rygiel - B. Riley Securitie...

1 year ago - Seeking Alpha

RCM Technologies, Inc. Announces Fourth Quarter and Fiscal Year 2022 Results

PENNSAUKEN, N.J., March 15, 2023 (GLOBE NEWSWIRE) -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of business and technology solutions designed to enhance and maximize the operational p...

1 year ago - GlobeNewsWire

RCM Technologies: Growth Through Unconventional Management

RCM Technologies is continuing to grow in a shrinking economic environment, indicating a superior return on investment on asset allocation decisions. The rarity of the management team at RCMT is a pro...

2 years ago - Seeking Alpha