Equities analysts predict that Rudolph Technologies, Inc. (NYSE:RTEC) will announce $0.28 earnings per share for the current quarter, Zacks reports. Four analysts have issued estimates for Rudolph Technologies’ earnings, with estimates ranging from $0.28 to $0.29. Rudolph Technologies also posted earnings of $0.28 per share in the same quarter last year. The company is scheduled to issue its next quarterly earnings results after the market closes on Wednesday, August 2nd.

On average, analysts expect that Rudolph Technologies will report full year earnings of $1.08 per share for the current year, with EPS estimates ranging from $1.03 to $1.12. For the next financial year, analysts anticipate that the business will post earnings of $1.31 per share, with EPS estimates ranging from $1.25 to $1.44. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Rudolph Technologies.

Rudolph Technologies (NYSE:RTEC) last announced its earnings results on Monday, May 1st. The scientific and technical instruments company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.02. The business had revenue of $60.70 million during the quarter, compared to analysts’ expectations of $58.58 million. Rudolph Technologies had a net margin of 12.62% and a return on equity of 10.33%. The firm’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter last year, the company posted $0.18 EPS.

RTEC has been the subject of a number of recent analyst reports. B. Riley reissued a “buy” rating and set a $30.00 target price on shares of Rudolph Technologies in a research report on Sunday, May 7th. BidaskClub upgraded Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Credit Suisse Group cut Rudolph Technologies from a “neutral” rating to an “underperform” rating and set a $23.00 target price on the stock. in a report on Tuesday, May 2nd. Stifel Nicolaus increased their price target on Rudolph Technologies from $19.00 to $24.00 and gave the company a “hold” rating in a research report on Tuesday, May 2nd. Finally, Dougherty & Co raised Rudolph Technologies from a “neutral” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Wednesday, April 19th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $27.20.

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Shares of Rudolph Technologies (NYSE RTEC) traded up 0.490% during midday trading on Wednesday, hitting $25.625. 52,380 shares of the company were exchanged. The company has a market capitalization of $805.62 million, a P/E ratio of 27.232 and a beta of 1.07. The company has a 50-day moving average of $24.47 and a 200 day moving average of $23.22. Rudolph Technologies has a one year low of $16.02 and a one year high of $27.30.

In other Rudolph Technologies news, Director John R. Whitten sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $24.33, for a total value of $243,300.00. Following the completion of the transaction, the director now owns 43,300 shares in the company, valued at approximately $1,053,489. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Silveira Elvino M. Da sold 3,439 shares of the firm’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $24.71, for a total value of $84,977.69. Following the completion of the transaction, the vice president now owns 43,065 shares of the company’s stock, valued at approximately $1,064,136.15. The disclosure for this sale can be found here. In the last three months, insiders sold 45,439 shares of company stock valued at $1,108,278. 2.00% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Capital One National Association increased its stake in shares of Rudolph Technologies by 1.0% in the first quarter. Capital One National Association now owns 31,814 shares of the scientific and technical instruments company’s stock worth $713,000 after buying an additional 320 shares during the period. Value Holdings Management CO. LLC increased its stake in Rudolph Technologies by 65.8% in the first quarter. Value Holdings Management CO. LLC now owns 189,555 shares of the scientific and technical instruments company’s stock worth $2,770,000 after buying an additional 75,200 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in Rudolph Technologies by 3.5% in the first quarter. Great West Life Assurance Co. Can now owns 43,443 shares of the scientific and technical instruments company’s stock worth $970,000 after buying an additional 1,486 shares during the last quarter. Wells Fargo & Company MN increased its stake in Rudolph Technologies by 2.1% in the first quarter. Wells Fargo & Company MN now owns 137,794 shares of the scientific and technical instruments company’s stock worth $3,087,000 after buying an additional 2,825 shares during the last quarter. Finally, Old Mutual Global Investors UK Ltd. increased its stake in Rudolph Technologies by 66.5% in the first quarter. Old Mutual Global Investors UK Ltd. now owns 33,891 shares of the scientific and technical instruments company’s stock worth $759,000 after buying an additional 13,541 shares during the last quarter. Institutional investors and hedge funds own 92.38% of the company’s stock.

Rudolph Technologies Company Profile

Rudolph Technologies, Inc (Rudolph) is engaged in the design, development, manufacture and support of process control defect inspection and metrology, advanced packaging lithography, and data analysis systems and software used by microelectronics device manufacturers. The Company provides process and yield management solutions used in both wafer processing and final manufacturing through a family of standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements.

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