Shares of R C M Technologies Inc (NASDAQ:RCMT) have earned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Analysts have set a one year consensus price objective of $6.50 for the company and are forecasting that the company will post $0.09 EPS for the current quarter, according to Zacks. Zacks has also given R C M Technologies an industry rank of 197 out of 256 based on the ratings given to its competitors.
RCMT has been the subject of a number of research analyst reports. B. Riley reduced their target price on Orion Group from $7.00 to $4.00 and set a “neutral” rating for the company in a report on Friday, March 29th. ValuEngine lowered Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. Finally, Zacks Investment Research lowered Farmland Partners from a “hold” rating to a “sell” rating in a report on Friday.
NASDAQ RCMT traded down $0.06 on Tuesday, reaching $3.32. 2,700 shares of the stock traded hands, compared to its average volume of 16,355. The stock’s fifty day moving average price is $3.37. The company has a debt-to-equity ratio of 1.34, a quick ratio of 3.04 and a current ratio of 3.04. The company has a market capitalization of $42.45 million, a P/E ratio of 10.71 and a beta of 1.06. R C M Technologies has a 12 month low of $2.54 and a 12 month high of $5.07.
R C M Technologies (NASDAQ:RCMT) last released its quarterly earnings data on Wednesday, May 8th. The business services provider reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.05. The business had revenue of $51.60 million during the quarter, compared to analyst estimates of $51.34 million. R C M Technologies had a return on equity of 16.09% and a net margin of 1.55%. Research analysts predict that R C M Technologies will post 0.41 earnings per share for the current fiscal year.
R C M Technologies Company Profile
RCM Technologies, Inc provides business and technology solutions in the United States, Canada, Puerto Rico, and Serbia. It operates through three segments: Engineering, Specialty Health Care, 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.
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