
RCM Technologies (RCMT) Stock Forecast & Price Target
RCM Technologies (RCMT) Analyst Ratings
Bulls say
RCM Technologies Inc. showcases a robust revenue growth outlook, with projected revenues of $44.2 million for FY25, reflecting a 7% increase, and an overall revenue estimation of $283 million, representing a year-over-year growth of 7.4%. The company demonstrates improved profitability metrics, with an expected AEBITDA margin increase to 10.7% for FY24 and a gross margin projected at 37.1% for FY25, underscoring operational efficiency. Additionally, the adjusted EPS of $0.53 for the prior fiscal year reflects a significant 30% year-over-year growth, driven by a reduction in common shares outstanding, which further highlights the company's positive financial trajectory.
Bears say
RCM Technologies Inc. reported a decrease in gross margin, with a year-over-year decline of 50 basis points to 25%, primarily attributable to lower utilization rates prior to project ramps, reflecting operational inefficiencies. The company's Specialty Healthcare segment, which generates the majority of its revenue, experienced an 11% decline in revenue, impacted by challenging year-over-year comparisons due to prior COVID-related revenues and reduced demand for travel nurse services. Additionally, the overall revenue has been projected to decline by 2% for FY23, indicating potential long-term challenges for the company's growth trajectory amidst a post-COVID environment.
This aggregate rating is based on analysts' research of RCM Technologies and is not a guaranteed prediction by Public.com or investment advice.
RCM Technologies (RCMT) Analyst Forecast & Price Prediction
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