RCM Technologies (RCMT) Scheduled to Post Earnings on Wednesday

RCM Technologies (NASDAQ:RCMT) will be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect RCM Technologies to post earnings of $0.51 per share for the quarter.

RCM Technologies (NASDAQ:RCMT) last posted its quarterly earnings data on Wednesday, March 13th. The business services provider reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. RCM Technologies had a net margin of 6.39% and a return on equity of 71.41%. The business had revenue of $71.03 million for the quarter, compared to analysts’ expectations of $72.47 million. On average, analysts expect RCM Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

RCM Technologies Trading Up 1.1 %

Shares of RCMT traded up $0.21 during midday trading on Tuesday, hitting $19.52. The stock had a trading volume of 8,796 shares, compared to its average volume of 87,574. The stock’s 50 day moving average is $22.18 and its 200 day moving average is $25.09. The firm has a market cap of $152.65 million, a PE ratio of 9.70 and a beta of 0.78. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.56 and a quick ratio of 1.56. RCM Technologies has a 1 year low of $11.49 and a 1 year high of $32.15.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of RCM Technologies from a “hold” rating to a “buy” rating in a research report on Friday, April 12th.

RCM Technologies Company Profile

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.