RCM Technologies (RCMT) Expected to Announce Earnings on Tuesday

RCM Technologies (NASDAQ:RCMT) is anticipated to release its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $76.04 million for the quarter.

RCM Technologies (NASDAQ:RCMT) last released its quarterly earnings results on Wednesday, March 12th. The business services provider reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.37). The company had revenue of $76.91 million for the quarter, compared to analyst estimates of $79.00 million. RCM Technologies had a net margin of 5.77% and a return on equity of 58.70%.

RCM Technologies Stock Performance

Shares of RCM Technologies stock opened at $17.04 on Tuesday. The company has a market cap of $129.32 million, a PE ratio of 8.74 and a beta of 0.21. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.06. RCM Technologies has a 52 week low of $13.18 and a 52 week high of $26.37. The business has a 50 day moving average price of $16.73 and a 200-day moving average price of $19.90.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on RCMT. StockNews.com downgraded shares of RCM Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, April 23rd. B. Riley upgraded shares of RCM Technologies to a “strong-buy” rating in a report on Tuesday, March 18th. Finally, Benchmark dropped their target price on shares of RCM Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, March 21st.

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.