RCM Technologies, Inc. (RCMT) Surpasses Market Returns: Some Facts Worth Knowing

Core Viewpoint - RCM Technologies, Inc. is experiencing a mixed performance in the stock market, with a recent increase in stock price but a notable decline over the past month, while upcoming earnings are anticipated to show growth in both earnings per share and revenue [1][2][3]. Group 1: Stock Performance - RCM Technologies, Inc. stock increased by 1.37% to $18.55, outperforming the S&P 500's daily gain of 0.1% [1] - Over the past month, the stock has decreased by 9.23%, which is worse than the Business Services sector's loss of 7.85% and the S&P 500's loss of 1.43% [1] Group 2: Earnings Expectations - Analysts expect RCM Technologies, Inc. to report earnings of $0.58 per share, reflecting a year-over-year growth of 18.37% [2] - The revenue forecast for the upcoming earnings report is $81.9 million, indicating a 6.49% increase compared to the same quarter last year [2] Group 3: Annual Forecast - For the entire year, Zacks Consensus Estimates predict earnings of $2.32 per share and revenue of $314.83 million, representing increases of 14.29% and 13.09% respectively compared to the previous year [3] Group 4: Analyst Estimates - Recent changes to analyst estimates for RCM Technologies, Inc. are important as they reflect the evolving business trends, with upward revisions indicating positive sentiment towards the company's operations [4] Group 5: Valuation Metrics - RCM Technologies, Inc. has a Forward P/E ratio of 7.18, which is lower than the industry average of 10.76, suggesting that the company is trading at a discount [7] - The Staffing Firms industry, part of the Business Services sector, currently holds a Zacks Industry Rank of 171, placing it in the bottom 31% of all industries [7]