RCM Technologies (RCMT) Projected to Post Earnings on Wednesday

RCM Technologies (NASDAQ:RCMT) will likely be releasing its earnings data before the market opens on Wednesday, March 12th. Analysts expect RCM Technologies to post earnings of $0.74 per share and revenue of $79.00 million for the quarter.

RCM Technologies Stock Performance

Shares of RCMT stock opened at $18.22 on Wednesday. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.06. The business has a 50 day moving average of $20.13 and a two-hundred day moving average of $20.96. The company has a market cap of $138.42 million, a P/E ratio of 9.34 and a beta of 0.62. RCM Technologies has a 52 week low of $17.11 and a 52 week high of $29.23.

Analyst Ratings Changes

Several equities research analysts have weighed in on RCMT shares. B. Riley increased their target price on RCM Technologies from $35.00 to $37.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. StockNews.com lowered shares of RCM Technologies from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, Benchmark lifted their price objective on shares of RCM Technologies from $33.00 to $37.00 and gave the company a “buy” rating in a research report on Monday, November 11th.

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.