Rudolph Technologies Inc. (NYSE:RTEC)‘s stock had its “buy” rating reiterated by research analysts at DA Davidson in a research report issued to clients and investors on Tuesday.

RTEC has been the subject of a number of other reports. Zacks Investment Research lowered shares of Rudolph Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 29th. Dougherty & Co lowered shares of Rudolph Technologies from a “buy” rating to a “neutral” rating in a research note on Friday, July 29th. Stifel Nicolaus increased their target price on shares of Rudolph Technologies from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Wednesday, July 27th. Finally, B. Riley reissued a “buy” rating and set a $19.50 target price on shares of Rudolph Technologies in a research note on Tuesday. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $18.50.

Analyst Recommendations for Rudolph Technologies (NYSE:RTEC)

Shares of Rudolph Technologies (NYSE:RTEC) opened at 18.15 on Tuesday. The stock’s 50 day moving average is $17.89 and its 200 day moving average is $16.31. Rudolph Technologies has a 52 week low of $11.17 and a 52 week high of $18.36. The stock has a market capitalization of $561.56 million, a PE ratio of 18.17 and a beta of 1.28.

Rudolph Technologies (NYSE:RTEC) last issued its quarterly earnings results on Monday, November 7th. The company reported $0.29 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.29. The company earned $61.60 million during the quarter, compared to analyst estimates of $61.38 million. Rudolph Technologies had a net margin of 14.67% and a return on equity of 9.11%. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.26 EPS. Analysts anticipate that Rudolph Technologies will post $1.04 EPS for the current fiscal year.

Several large investors have recently modified their holdings of RTEC. Intrust Bank NA purchased a new stake in shares of Rudolph Technologies during the second quarter valued at approximately $349,000. KBC Group NV purchased a new stake in shares of Rudolph Technologies during the second quarter valued at approximately $405,000. Springbank Value Partners LP increased its stake in shares of Rudolph Technologies by 11.3% in the second quarter. Springbank Value Partners LP now owns 29,500 shares of the company’s stock valued at $458,000 after buying an additional 3,000 shares during the period. Value Holdings LP increased its stake in shares of Rudolph Technologies by 22.9% in the second quarter. Value Holdings LP now owns 76,855 shares of the company’s stock valued at $1,194,000 after buying an additional 14,300 shares during the period. Finally, ClariVest Asset Management LLC increased its stake in shares of Rudolph Technologies by 10.4% in the second quarter. ClariVest Asset Management LLC now owns 251,903 shares of the company’s stock valued at $3,912,000 after buying an additional 23,762 shares during the period. Institutional investors and hedge funds own 93.08% of the company’s stock.

About Rudolph Technologies

Rudolph Technologies, Inc (Rudolph) is engaged in the design, development, manufacture and support of defect inspection, packaging lithography, thin film metrology, and data analysis systems and software used by microelectronics device manufacturers. The Company operates in a segment of the design, development, manufacture and support of process control defect inspection and metrology; packaging lithography, and data analysis systems and software used by microelectronics device manufacturers.

5 Day Chart for NYSE:RTEC

Receive News & Stock Ratings for Rudolph Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rudolph Technologies Inc. and related stocks with our FREE daily email newsletter.