Rudolph Technologies Inc. (NYSE:RTEC) was downgraded by equities researchers at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued on Tuesday.

A number of other equities analysts have also recently issued reports on RTEC. B. Riley reiterated a “buy” rating and issued a $19.50 price target on shares of Rudolph Technologies in a research note on Friday, July 29th. Dougherty & Co cut shares of Rudolph Technologies from a “buy” rating to a “neutral” rating in a research note on Friday, July 29th. Zacks Investment Research upgraded shares of Rudolph Technologies from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research note on Thursday, August 4th. Finally, DA Davidson reiterated a “buy” rating on shares of Rudolph Technologies in a research note on Tuesday, November 8th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Rudolph Technologies presently has an average rating of “Hold” and an average target price of $18.50.

Analyst Recommendations for Rudolph Technologies (NYSE:RTEC)

Rudolph Technologies (NYSE:RTEC) traded up 1.24% during trading on Tuesday, hitting $20.35. 421,633 shares of the stock traded hands. The company has a market cap of $631.18 million, a P/E ratio of 19.23 and a beta of 1.28. The firm has a 50-day moving average price of $18.27 and a 200 day moving average price of $16.66. Rudolph Technologies has a 52-week low of $11.17 and a 52-week high of $20.45.

Rudolph Technologies (NYSE:RTEC) last released its earnings results on Monday, November 7th. The company reported $0.29 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.29. The firm had revenue of $61.60 million for the quarter, compared to the consensus estimate of $61.38 million. Rudolph Technologies had a net margin of 14.67% and a return on equity of 8.96%. The company’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.26 EPS. On average, equities analysts expect that Rudolph Technologies will post $0.99 EPS for the current year.

A number of institutional investors have recently bought and sold shares of the stock. Victory Capital Management Inc. bought a new position in Rudolph Technologies during the third quarter valued at about $100,000. Acrospire Investment Management LLC acquired a new position in shares of Rudolph Technologies during the third quarter valued at $120,000. Municipal Employees Retirement System of Michigan boosted its position in shares of Rudolph Technologies by 1.6% in the third quarter. Municipal Employees Retirement System of Michigan now owns 6,850 shares of the company’s stock valued at $122,000 after buying an additional 110 shares during the period. US Bancorp DE boosted its position in shares of Rudolph Technologies by 1.5% in the second quarter. US Bancorp DE now owns 9,075 shares of the company’s stock valued at $141,000 after buying an additional 137 shares during the period. Finally, SG Americas Securities LLC acquired a new position in shares of Rudolph Technologies during the third quarter valued at $165,000. Institutional investors and hedge funds own 94.08% of the company’s stock.

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Rudolph Technologies Company Profile

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

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