RCM Technologies (NASDAQ:RCMT) Stock Rating Cut to “Hold” at Zacks Research

Posted by Francis Steltz on Oct 15th, 2026

RCM Technologies (NASDAQ:RCMT – Get Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday, Zacks reports.

Several other research firms have also recently weighed in on RCMT. Benchmark lifted their price objective on RCM Technologies from $36.00 to $45.00 and gave the company a “buy” rating in a report on Monday, August 17th. Weiss Ratings raised RCM Technologies from a “hold (c+)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Wall Street Zen upgraded shares of RCM Technologies from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. Finally, B. Riley Financial raised their target price on shares of RCM Technologies from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, RCM Technologies has an average rating of “Moderate Buy” and an average price target of $45.00.

Check Out Our Latest Stock Analysis on RCMT

RCM Technologies Stock Performance

Shares of NASDAQ:RCMT opened at $38.71 on Tuesday. The firm’s 50 day simple moving average is $39.21 and its 200 day simple moving average is $31.09. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.92 and a quick ratio of 1.92. The company has a market capitalization of $275.27 million, a price-to-earnings ratio of 16.83 and a beta of 0.40. RCM Technologies has a fifty-two week low of $17.26 and a fifty-two week high of $43.68.

RCM Technologies (NASDAQ:RCMT – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The business services provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.20. The company had revenue of $93.82 million during the quarter, compared to analyst estimates of $81.75 million. RCM Technologies had a net margin of 5.13% and a return on equity of 37.92%. As a group, sell-side analysts forecast that RCM Technologies will post 2.60 earnings per share for the current year.

Insider Activity

In related news, insider Michael Saks sold 706 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of $41.12, for a total transaction of $29,030.72. Following the completion of the transaction, the insider owned 88,601 shares in the company, valued at approximately $3,643,273.12. This represents a 0.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Kevin Miller sold 1,753 shares of the firm’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $42.05, for a total transaction of $73,713.65. Following the completion of the transaction, the chief financial officer directly owned 330,863 shares of the company’s stock, valued at approximately $13,912,789.15. This trade represents a 0.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 219,997 shares of company stock worth $8,238,837 over the last ninety days. Insiders own 28.00% of the company’s stock.

Institutional Trading of RCM Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC raised its stake in shares of RCM Technologies by 3.6% during the 1st quarter. Renaissance Technologies LLC now owns 434,877 shares of the business services provider’s stock worth $8,324,000 after purchasing an additional 15,304 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of RCM Technologies by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 169,945 shares of the business services provider’s stock valued at $3,253,000 after buying an additional 1,774 shares in the last quarter. Punch & Associates Investment Management Inc. grew its stake in shares of RCM Technologies by 12.8% in the first quarter. Punch & Associates Investment Management Inc. now owns 153,511 shares of the business services provider’s stock valued at $2,938,000 after buying an additional 17,433 shares in the last quarter. Sei Investments Co. increased its holdings in RCM Technologies by 209.9% during the first quarter. Sei Investments Co. now owns 126,872 shares of the business services provider’s stock worth $2,428,000 after buying an additional 85,936 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in RCM Technologies by 3.9% during the first quarter. Janney Montgomery Scott LLC now owns 35,735 shares of the business services provider’s stock worth $684,000 after buying an additional 1,341 shares during the last quarter. Institutional investors and hedge funds own 43.20% of the company’s stock.

About RCM Technologies

(Get Free Report)

RCM Technologies, Inc is a provider of business and technology solutions for commercial and government customers. The company delivers specialized services through three primary areas: Engineering, Life Sciences and Solutions, and Government Solutions.

Its offerings include engineering and technical services, information technology consulting, digital and business process solutions, and staffing and support for life sciences organizations. RCM Technologies also provides specialized services to federal, state and local government agencies, including program management, technical consulting, and professional staffing.

Founded in 1971, RCM Technologies is headquartered in Pennsauken, New Jersey, and serves customers primarily in the United States, with additional operations and client activity in Canada and Puerto Rico.