Rudolph Technologies, Inc. (RTEC) to Release Quarterly Earnings on Monday
Rudolph Technologies, Inc. (NYSE:RTEC) is scheduled to announce its earnings results after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Rudolph Technologies has set its Q3 guidance at $0.28-0.33 EPS.
Rudolph Technologies (NYSE:RTEC) last issued its quarterly earnings data on Wednesday, August 2nd. The scientific and technical instruments company reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.02. Rudolph Technologies had a return on equity of 10.36% and a net margin of 13.02%. The company had revenue of $67.40 million for the quarter, compared to analysts’ expectations of $65.60 million. During the same period in the previous year, the firm posted $0.31 earnings per share. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, analysts expect Rudolph Technologies to post $1.05 EPS for the current fiscal year and $1.26 EPS for the next fiscal year.
Shares of Rudolph Technologies, Inc. (RTEC) traded up 1.67% during midday trading on Monday, reaching $27.40. The company’s stock had a trading volume of 61,432 shares. The company has a 50 day moving average price of $24.97 and a 200-day moving average price of $23.94. The stock has a market capitalization of $864.20 million, a PE ratio of 27.65 and a beta of 1.13. Rudolph Technologies, Inc. has a 52 week low of $16.80 and a 52 week high of $27.95.
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RTEC has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, October 18th. BidaskClub upgraded shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. B. Riley restated a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a report on Thursday, September 21st. Finally, DA Davidson restated a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a report on Monday, September 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $27.80.
About Rudolph Technologies
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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