Shares of Rudolph Technologies, Inc. (NYSE:RTEC) have been given an average rating of “Hold” by the seven analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $27.25.

Several equities analysts recently weighed in on the company. B. Riley assumed coverage on Rudolph Technologies in a research report on Monday. They set a “buy” rating and a $30.00 price objective for the company. Zacks Investment Research cut Rudolph Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th. BidaskClub raised Rudolph Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Stifel Nicolaus raised Rudolph Technologies from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Friday, June 16th. They noted that the move was a valuation call.

Shares of Rudolph Technologies (NYSE:RTEC) opened at 22.55 on Tuesday. The firm’s 50-day moving average price is $22.61 and its 200-day moving average price is $23.21. Rudolph Technologies has a 52 week low of $16.80 and a 52 week high of $27.30. The firm has a market cap of $711.23 million, a price-to-earnings ratio of 22.75 and a beta of 1.12.

Rudolph Technologies (NYSE:RTEC) last posted its quarterly earnings data on Wednesday, August 2nd. The scientific and technical instruments company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.02. Rudolph Technologies had a return on equity of 10.36% and a net margin of 13.02%. The business had revenue of $67.40 million during the quarter, compared to analysts’ expectations of $65.60 million. During the same quarter in the previous year, the firm earned $0.31 EPS. The firm’s revenue was up 7.5% compared to the same quarter last year. Equities research analysts expect that Rudolph Technologies will post $1.17 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Alps Advisors Inc. increased its stake in Rudolph Technologies by 0.3% during the second quarter. Alps Advisors Inc. now owns 22,118 shares of the scientific and technical instruments company’s stock valued at $505,000 after acquiring an additional 57 shares during the period. Louisiana State Employees Retirement System increased its stake in Rudolph Technologies by 0.8% during the second quarter. Louisiana State Employees Retirement System now owns 12,800 shares of the scientific and technical instruments company’s stock valued at $292,000 after acquiring an additional 100 shares during the period. Arizona State Retirement System increased its stake in Rudolph Technologies by 0.6% during the second quarter. Arizona State Retirement System now owns 16,424 shares of the scientific and technical instruments company’s stock valued at $375,000 after acquiring an additional 100 shares during the period. Wellington Management Group LLP increased its stake in Rudolph Technologies by 0.5% during the first quarter. Wellington Management Group LLP now owns 27,097 shares of the scientific and technical instruments company’s stock valued at $607,000 after acquiring an additional 148 shares during the period. Finally, Texas Permanent School Fund increased its stake in Rudolph Technologies by 1.5% during the second quarter. Texas Permanent School Fund now owns 22,955 shares of the scientific and technical instruments company’s stock valued at $525,000 after acquiring an additional 338 shares during the period. 91.89% of the stock is owned by institutional investors and hedge funds.

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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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