GeoInvesting believes RCM Technologies Inc. (NASDAQ:RCMT) is working positively with its activist investors to deliver serious shareholder value. The RCMT story falls in line with one of the strategies GeoInvesting will be using to identify potential value in stocks; in particular, paying attention to when activist investors get involved.

RCMT Price Target as Much as $11.60

GeoInvesting’s track record for identifying activist related stories that produce outsized investment returns is well documented.  As such, we believe there is significant upside to RCMT’s shares, as much as 86% upside to $11.60 per share.

  • An RCMT activist shareholder has been instrumental in improving the company’s growth profile and the adoption of shareholder friendly initiatives.
  • A receptive and proactive management team leads us to believe that the company’s future is in the right hands.
  • RCMT has put together 7 straight quarters of top and bottom line growth, year over year.  A focused management team and favorable industry trends should propel continued financial success.
  • We have a price target range of $10.49 to $11.60, based on an EV/S and P/E analysis.

Please see our full bullish article here. 


To stay ahead of the market with GeoInvesting arbitrage and learn about investment ideas not yet digested by the market, Sign up now for More Research and Insight