RCM Technologies, Inc. (RCMT) closed at $23.49 in the latest trading session, marking a -2.57% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 1.6%. Meanwhile, the Dow experienced a drop of 1.23%, and the technology-dominated Nasdaq saw a decrease of 2.24%.
The stock of company has fallen by 7.2% in the past month, lagging the Business Services sector's loss of 1.38% and the S&P 500's gain of 2.25%.
Analysts and investors alike will be keeping a close eye on the performance of RCM Technologies, Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on August 6, 2025. The company is expected to report EPS of $0.61, up 8.93% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $78.15 million, indicating a 13% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.2 per share and a revenue of $313.89 million, indicating changes of +8.37% and +12.76%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for RCM Technologies, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, RCM Technologies, Inc. holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that RCM Technologies, Inc. has a Forward P/E ratio of 10.96 right now. This indicates a discount in contrast to its industry's Forward P/E of 16.39.
The Staffing Firms industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 185, placing it within the bottom 26% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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RCM Technologies, Inc. (RCMT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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