Shares of Rudolph Technologies Inc (NYSE:RTEC) have been given an average rating of “Hold” by the seven research firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $28.00.

Several brokerages have issued reports on RTEC. B. Riley restated a “buy” rating and set a $30.00 price objective 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. Zacks Investment Research cut Rudolph Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Credit Suisse Group upped their price objective on Rudolph Technologies from $23.00 to $24.00 and gave the company an “underperform” rating in a research note on Tuesday, October 31st. Finally, DA Davidson restated a “buy” rating and set a $30.00 price objective on shares of Rudolph Technologies in a research note on Monday, September 18th.

Rudolph Technologies (RTEC) opened at $24.15 on Monday. The company has a market capitalization of $762.82, a PE ratio of 19.48, a P/E/G ratio of 1.43 and a beta of 1.05. Rudolph Technologies has a 1-year low of $21.00 and a 1-year high of $28.10.

Rudolph Technologies (NYSE:RTEC) last issued its quarterly earnings results on Monday, October 30th. The scientific and technical instruments company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates 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%. Rudolph Technologies’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.29 earnings per share. analysts anticipate that Rudolph Technologies will post 1.04 earnings per share for the current fiscal year.

In other news, VP Robert Alan Koch sold 3,500 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $26.31, for a total transaction of $92,085.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Silveira Elvino M. Da sold 10,000 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was 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 worth $511,765 in the last 90 days. 2.00% of the stock is currently owned by insiders.

Institutional investors have recently made changes to their positions in the company. Cornerstone Capital Management Holdings LLC. acquired a new stake in shares of Rudolph Technologies during the 3rd quarter worth approximately $139,000. Victory Capital Management Inc. raised its position in shares of Rudolph Technologies by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 9,387 shares of the scientific and technical instruments company’s stock worth $214,000 after purchasing an additional 1,408 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of Rudolph Technologies by 29.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 9,433 shares of the scientific and technical instruments company’s stock worth $216,000 after purchasing an additional 2,170 shares during the period. SG Americas Securities LLC raised its position in shares of Rudolph Technologies by 37.4% during the 3rd quarter. SG Americas Securities LLC now owns 10,459 shares of the scientific and technical instruments company’s stock worth $275,000 after purchasing an additional 2,848 shares during the period. Finally, Crossmark Global Holdings Inc. acquired a new stake in shares of Rudolph Technologies during the 3rd quarter worth approximately $292,000. Institutional investors and hedge funds own 92.52% of the company’s stock.

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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.

Analyst Recommendations for Rudolph Technologies (NYSE:RTEC)

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