Is Rcm Technologies Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: RCMT) stock is to Strong Buy RCMT stock.
Out of 2 analysts, 2 (100%) are recommending RCMT as a Strong Buy, 0 (0%) are recommending RCMT as a Buy, 0 (0%) are recommending RCMT as a Hold, 0 (0%) are recommending RCMT as a Sell, and 0 (0%) are recommending RCMT as a Strong Sell.
What is RCMT's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: RCMT) forecast ROE is 64.1%, which is considered strong.
What is RCMT's Price Target?
According to 2 Wall Street analysts that have issued a 1 year RCMT price target, the average RCMT price target is $23.50, with the highest RCMT stock price forecast at $28.00 and the lowest RCMT stock price forecast at $19.00.
On average, Wall Street analysts predict that Rcm Technologies's share price could reach $23.50 by May 12, 2024. The average Rcm Technologies stock price prediction forecasts a potential upside of 44.97% from the current RCMT share price of $16.21.
What is RCMT's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: RCMT) forecast ROA is 18.74%, which is higher than the forecast US Engineering & Construction industry average of 6.1%.
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