RCM Technologies, Inc. (RCMT)
NASDAQ: RCMT · IEX Real-Time Price · USD
19.13
-0.31 (-1.59%)
Jun 18, 2024, 4:00 PM EDT - Market closed

RCM Technologies Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for RCM Technologies stock have an average target of 27.5, with a low estimate of 22 and a high estimate of 33. The average target predicts an increase of 43.75% from the current stock price of 19.13.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $22 $27.5 $33 $33
Change +15.00% +43.75% +72.50% +72.50%
* Price targets were last updated on May 15, 2024.

Analyst Ratings

The average analyst rating for RCMT stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 222222
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Reiterates
$33
Strong Buy Reiterates $33 +72.50% May 15, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$28$33
Strong Buy Maintains $28$33 +72.50% Nov 13, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$19$22
Strong Buy Maintains $19$22 +15.00% Aug 14, 2023
Benchmark
Benchmark
Strong Buy
Reiterates
$28
Strong Buy Reiterates $28 +46.37% May 12, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$17$19
Strong Buy Maintains $17$19 -0.68% May 11, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
286.01M
from 263.24M
Increased by 8.65%
Revenue Next Year
307.16M
from 286.01M
Increased by 7.39%
EPS This Year
2.09
from 1.96
Increased by 6.42%
EPS Next Year
2.33
from 2.09
Increased by 11.74%
Year 2019202020212022202320242025
Revenue
191.10M150.41M203.88M284.68M263.24M286.01M307.16M
Revenue Growth
-4.62%-21.29%35.55%39.63%-7.53%8.65%7.39%
EPS
0.31-0.730.952.001.962.092.33
EPS Growth
40.91%--110.53%-2.00%6.42%11.74%
Forward PE
-----9.178.21
No. Analysts -----44
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 296.9M 320.0M
Avg 286.0M 307.2M
Low 272.5M 291.6M

Revenue Growth

Revenue Growth 20242025
High
12.8%
11.9%
Avg
8.7%
7.4%
Low
3.5%
1.9%

EPS Forecast

EPS 20242025
High 2.15 2.46
Avg 2.09 2.33
Low 2.00 2.19

EPS Growth

EPS Growth 20242025
High
9.8%
17.8%
Avg
6.4%
11.7%
Low
2.0%
4.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.