RCM Technologies, Inc. (RCMT Quick QuoteRCMT - Free Report) ended the recent trading session at $39.05, demonstrating a +2.89% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.28%. At the same time, the Dow added 1.02%, and the tech-heavy Nasdaq lost 0.02%.

Shares of the company witnessed a loss of 5.36% over the previous month, trailing the performance of the Business Services sector with its gain of 0.6%, and the S&P 500's gain of 0.67%.

The investment community will be paying close attention to the earnings performance of RCM Technologies, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.63, reflecting a 50% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $85.78 million, up 22.04% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.07 per share and revenue of $359.88 million, indicating changes of +22.8% and +12.67%, respectively, compared to the previous year.

Investors might also notice recent changes to analyst estimates for RCM Technologies, Inc. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. RCM Technologies, Inc. is currently sporting a Zacks Rank of #3 (Hold).

Looking at valuation, RCM Technologies, Inc. is presently trading at a Forward P/E ratio of 12.36. This signifies a discount in comparison to the average Forward P/E of 16.75 for its industry.

The Staffing Firms industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 204, positioning it in the bottom 18% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.