Rudolph Technologies, Inc. (NYSE:RTEC) has been assigned an average rating of “Buy” from the seven research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $28.00.

Several research analysts have recently issued reports on RTEC shares. BidaskClub cut shares of Rudolph Technologies from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Zacks Investment Research cut shares of Rudolph Technologies from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. DA Davidson reiterated a “buy” rating and issued a $30.00 price objective on shares of Rudolph Technologies in a report on Monday, September 18th. Finally, B. Riley reiterated a “buy” rating and issued a $30.00 price objective on shares of Rudolph Technologies in a report on Tuesday.

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Shares of Rudolph Technologies (NYSE:RTEC) opened at 27.75 on Wednesday. Rudolph Technologies has a 52-week low of $16.80 and a 52-week high of $28.10. The stock’s 50 day moving average is $25.87 and its 200-day moving average is $24.25. The firm has a market capitalization of $875.24 million, a P/E ratio of 28.00 and a beta of 1.13.

Rudolph Technologies (NYSE:RTEC) last posted its earnings results on Monday, October 30th. The scientific and technical instruments company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.31 by $0.02. Rudolph Technologies had a net margin of 15.99% and a return on equity of 10.74%. The firm had revenue of $66.90 million during the quarter, compared to analysts’ expectations of $66.25 million. During the same quarter in the prior year, the firm earned $0.29 EPS. Rudolph Technologies’s quarterly revenue was up 8.6% on a year-over-year basis. On average, equities analysts forecast that Rudolph Technologies will post $1.17 earnings per share for the current fiscal year.

Several institutional investors have recently bought and sold shares of the company. State of Alaska Department of Revenue boosted its holdings in Rudolph Technologies by 80.0% during the second quarter. State of Alaska Department of Revenue now owns 6,210 shares of the scientific and technical instruments company’s stock worth $141,000 after buying an additional 2,760 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in Rudolph Technologies by 533.0% during the second quarter. Acadian Asset Management LLC now owns 7,748 shares of the scientific and technical instruments company’s stock worth $177,000 after buying an additional 6,524 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Rudolph Technologies by 17.6% during the second quarter. Victory Capital Management Inc. now owns 9,387 shares of the scientific and technical instruments company’s stock worth $214,000 after buying an additional 1,408 shares in the last quarter. BNP Paribas Arbitrage SA boosted its holdings in Rudolph Technologies by 29.9% during the second quarter. BNP Paribas Arbitrage SA now owns 9,433 shares of the scientific and technical instruments company’s stock worth $216,000 after buying an additional 2,170 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Rudolph Technologies by 40.7% during the first quarter. SG Americas Securities LLC now owns 10,032 shares of the scientific and technical instruments company’s stock worth $225,000 after buying an additional 2,900 shares in the last quarter. Institutional investors and hedge funds own 92.41% 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.

Analyst Recommendations for Rudolph Technologies (NYSE:RTEC)

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