Analysts Predict 25% Upside For FDM
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 03 2024
0mins
Source: NASDAQ.COM
- ETF Analyst Target Price Comparison: ETF Channel compared trading prices of holdings against average analyst 12-month forward target prices to find implied analyst target price for First Trust Dow Jones Select MicroCap Index Fund ETF (FDM) at $74.03 per unit.
- Upside Potential: Analysts see 24.58% upside for FDM ETF based on average analyst targets of underlying holdings like RCMT, TZOO, and LSEA.
- Notable Upside Stocks: RCMT has 86.92% upside, TZOO has 68.92% upside, and LSEA has 66.09% upside according to average analyst target prices.
- Analyst Target Price Table: A summary table of current analyst target prices for the mentioned stocks is provided.
- Investor Considerations: Questions raised about analysts' justification for targets, optimism, and need for further investor research.
Analyst Views on RCMT
Wall Street analysts forecast RCMT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RCMT is 32.00 USD with a low forecast of 32.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 20.650
Low
32.00
Averages
32.00
High
32.00
Current: 20.650
Low
32.00
Averages
32.00
High
32.00
About RCMT
RCM Technologies, Inc. is a business and technology solutions provider through the deployment of engineering, specialty healthcare and information technology services. The Company operates through three segments: Specialty Health Care, Engineering, and Life Sciences, Data and Solutions (LS&D). The Specialty Health Care segment provides staffing solutions including medical healthcare professionals, health information management professionals, nurses, paraprofessionals, physicians, and therapists. The Engineering segment provides a comprehensive portfolio of engineering and design services across three verticals: energy services, process and industrial, and aerospace. The LS&D segment provides enterprise business solutions, application services, information technology infrastructure deployment and management, business solutions, and other vertical-specific offerings. This segment also includes data solutions, digitization, human capital management solutions, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
