Equities analysts expect Rudolph Technologies, Inc. (NYSE:RTEC) to announce sales of $60.00 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Rudolph Technologies’ earnings. Rudolph Technologies reported sales of $54.08 million during the same quarter last year, which indicates a positive year over year growth rate of 10.9%. The company is scheduled to announce its next quarterly earnings results on Thursday, February 1st.

According to Zacks, analysts expect that Rudolph Technologies will report full year sales of $60.00 million for the current fiscal year, with estimates ranging from $254.10 million to $259.00 million. For the next financial year, analysts forecast that the business will post sales of $279.67 million per share, with estimates ranging from $275.00 million to $284.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Rudolph Technologies.

Rudolph Technologies (NYSE:RTEC) last announced its quarterly earnings results on Monday, October 30th. The scientific and technical instruments company reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.02. The firm had revenue of $66.90 million during the quarter, compared to the consensus estimate of $66.25 million. Rudolph Technologies had a return on equity of 10.49% and a net margin of 15.99%. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.29 earnings per share.

Several equities research analysts have recently commented on RTEC shares. B. Riley restated a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a research note on Tuesday, October 31st. BidaskClub upgraded Rudolph Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, September 21st. DA Davidson restated a “buy” rating and set a $30.00 price target on shares of Rudolph Technologies in a research note on Monday, September 18th. Zacks Investment Research cut Rudolph Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Finally, Credit Suisse Group upped their price target on Rudolph Technologies from $23.00 to $24.00 and gave the stock an “underperform” rating in a research note on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $28.00.

Shares of Rudolph Technologies (NYSE:RTEC) traded up $0.30 on Thursday, reaching $24.00. The company had a trading volume of 319,345 shares, compared to its average volume of 233,268. The firm has a market capitalization of $745.45, a P/E ratio of 23.60, a price-to-earnings-growth ratio of 1.68 and a beta of 1.03. Rudolph Technologies has a 52-week low of $20.47 and a 52-week high of $28.10.

In other news, VP Robert Alan Koch sold 3,500 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $26.31, for a total value of $92,085.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Silveira Elvino M. Da sold 10,000 shares of the firm’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $26.29, for a total value of $262,900.00. The disclosure for this sale can be found here. Insiders have sold 19,500 shares of company stock valued at $511,765 in the last 90 days. Company insiders own 2.00% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC boosted its stake in shares of Rudolph Technologies by 78.0% during the second quarter. Cubist Systematic Strategies LLC now owns 13,615 shares of the scientific and technical instruments company’s stock valued at $311,000 after acquiring an additional 5,966 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Rudolph Technologies by 94.1% during the second quarter. Goldman Sachs Group Inc. now owns 233,761 shares of the scientific and technical instruments company’s stock valued at $5,341,000 after acquiring an additional 113,320 shares during the last quarter. Cigna Investments Inc. New acquired a new stake in shares of Rudolph Technologies during the second quarter valued at $266,000. Vanguard Group Inc. boosted its stake in shares of Rudolph Technologies by 6.2% during the second quarter. Vanguard Group Inc. now owns 1,680,423 shares of the scientific and technical instruments company’s stock valued at $38,397,000 after acquiring an additional 97,588 shares during the last quarter. Finally, Marshall Wace North America L.P. boosted its stake in shares of Rudolph Technologies by 405.7% during the second quarter. Marshall Wace North America L.P. now owns 376,190 shares of the scientific and technical instruments company’s stock valued at $8,652,000 after acquiring an additional 301,807 shares during the last quarter. 92.58% of the stock is currently owned by institutional investors and hedge funds.

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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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