RCM Technologies, Inc. (RCMT)

NASDAQ: RCMT · Real-Time Price · USD
19.45
-0.55 (-2.75%)
Jan 17, 2025, 4:00 PM EST - Market closed
-2.75%
Market Cap 147.76M
Revenue (ttm) 272.50M
Net Income (ttm) 15.72M
Shares Out 7.60M
EPS (ttm) 1.95
PE Ratio 9.96
Forward PE 7.44
Dividend n/a
Ex-Dividend Date n/a
Volume 40,248
Open 19.91
Previous Close 20.00
Day's Range 19.38 - 20.25
52-Week Range 17.11 - 31.34
Beta 0.65
Analysts Strong Buy
Price Target 37.00 (+90.23%)
Earnings Date Mar 12, 2025

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 90.23% from the latest price.

Price Target
$37.0
(90.23% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

RCM Technologies Should See More Growth In 2025

RCM Technologies experienced vigorous growth during COVID-19, faced setbacks in late 2022 and early 2023, but began recovering in the second half of 2023. Despite rising revenues in the third quarter,...

6 days ago - Seeking Alpha

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...

2 months 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...

2 months 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...

2 months 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...

3 months 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...

4 months 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...

5 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...

9 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...

11 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
1 year 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 ...

1 year 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...

2 years 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...

2 years ago - GlobeNewsWire