RCM Technologies, Inc. (RCMT) Declines More Than Market: Some Information for Investors

Group 1 - RCM Technologies, Inc. closed at $22.60, reflecting a -1.18% change from the previous day, underperforming the S&P 500's loss of 1.13% [1] - The company's stock has decreased by 1.85% over the past month, contrasting with the Business Services sector's gain of 0.81% and the S&P 500's gain of 3.55% [1] Group 2 - RCM Technologies is expected to report an EPS of $0.6, indicating a 7.14% increase from the same quarter last year, with revenue forecasted at $78.15 million, a 13% rise year-over-year [2] - For the entire fiscal year, earnings are projected at $2.19 per share and revenue at $313.89 million, representing increases of +7.88% and +12.76% respectively from the prior year [3] Group 3 - Recent modifications to analyst estimates for RCM Technologies are crucial as they reflect changing near-term business trends, with positive revisions indicating optimism about the business outlook [4] - The Zacks Rank system, which evaluates estimate changes, has a strong track record, with 1 stocks averaging a +25% annual return since 1988; RCM Technologies currently holds a Zacks Rank of 3 (Hold) [5][6] Group 4 - RCM Technologies has a Forward P/E ratio of 10.44, which is a discount compared to the industry average Forward P/E of 16.13 [7] - The Staffing Firms industry, part of the Business Services sector, is currently ranked 219 in the Zacks Industry Rank, placing it in the bottom 11% of over 250 industries [7]