RCM Technologies (RCMT) Scheduled to Post Earnings on Wednesday

RCM Technologies (NASDAQ:RCMT) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.51 per share for the quarter.

RCM Technologies (NASDAQ:RCMT) last released its quarterly earnings data on Wednesday, March 13th. The business services provider reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. RCM Technologies had a return on equity of 71.41% and a net margin of 6.39%. The business had revenue of $71.03 million during the quarter, compared to the consensus estimate 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 %

RCMT traded up $0.21 during midday trading on Tuesday, reaching $19.52. 8,796 shares of the company were exchanged, compared to its average volume of 87,574. The stock has a market capitalization of $152.65 million, a P/E ratio of 9.70 and a beta of 0.78. The stock’s 50-day simple moving average is $22.18 and its 200 day simple moving average is $25.09. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.56 and a current ratio of 1.56. RCM Technologies has a one year low of $11.49 and a one year high of $32.15.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of RCM Technologies from a “hold” rating to a “buy” rating in a 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.