Rudolph Technologies (NYSE:RTEC) had its target price lifted by B. Riley from $30.00 to $32.00 in a research report report published on Friday morning, Marketbeat reports. The brokerage currently has a buy rating on the scientific and technical instruments company’s stock. B. Riley also issued estimates for Rudolph Technologies’ Q4 2017 earnings at $0.22 EPS, FY2017 earnings at $1.04 EPS, Q1 2018 earnings at $0.24 EPS, Q2 2018 earnings at $0.30 EPS, Q3 2018 earnings at $0.40 EPS, Q4 2018 earnings at $0.33 EPS and FY2018 earnings at $1.28 EPS.

Other research analysts have also issued research reports about the company. Zacks Investment Research raised Rudolph Technologies from a sell rating to a hold rating in a research report on Wednesday, October 18th. Credit Suisse Group raised their price objective on Rudolph Technologies from $23.00 to $24.00 and gave the company an underperform rating in a research report on Tuesday, October 31st. BidaskClub lowered Rudolph Technologies from a buy rating to a hold rating in a research report on Friday, November 10th. Finally, DA Davidson reaffirmed a buy rating and set a $33.00 price objective on shares of Rudolph Technologies in a research report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. Rudolph Technologies has an average rating of Hold and a consensus target price of $29.80.

Rudolph Technologies (NYSE:RTEC) opened at $24.85 on Friday. Rudolph Technologies has a 52-week low of $21.00 and a 52-week high of $28.50. The stock has a market capitalization of $791.25, a P/E ratio of 24.36, a PEG ratio of 1.42 and a beta of 1.13.

Rudolph Technologies (NYSE:RTEC) last announced its earnings results on Thursday, February 1st. The scientific and technical instruments company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.04. Rudolph Technologies had a return on equity of 11.08% and a net margin of 12.90%. The firm had revenue of $60.08 million during the quarter, compared to analyst estimates of $60.79 million. During the same quarter in the prior year, the company earned $0.21 EPS. The business’s revenue was up 11.1% compared to the same quarter last year. equities analysts anticipate that Rudolph Technologies will post 1.31 earnings per share for the current year.

In other Rudolph Technologies news, Director Daniel H. Berry sold 6,000 shares of Rudolph Technologies stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $26.13, for a total value of $156,780.00. Following the completion of the sale, the director now owns 24,200 shares of the company’s stock, valued at approximately $632,346. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Robert Alan Koch sold 3,500 shares of Rudolph Technologies 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 disclosure for this sale can be found here. 2.00% of the stock is owned by company insiders.

Several institutional investors have recently bought and sold shares of the business. Crossmark Global Holdings Inc. increased its holdings in shares of Rudolph Technologies by 56.9% in the 4th quarter. Crossmark Global Holdings Inc. now owns 17,420 shares of the scientific and technical instruments company’s stock worth $416,000 after purchasing an additional 6,320 shares in the last quarter. Tygh Capital Management Inc. bought a new stake in shares of Rudolph Technologies in the 4th quarter worth $2,627,000. Alambic Investment Management L.P. increased its holdings in shares of Rudolph Technologies by 71.8% in the 4th quarter. Alambic Investment Management L.P. now owns 21,957 shares of the scientific and technical instruments company’s stock worth $525,000 after purchasing an additional 9,174 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Rudolph Technologies by 21.4% in the 4th quarter. Victory Capital Management Inc. now owns 63,728 shares of the scientific and technical instruments company’s stock worth $1,523,000 after purchasing an additional 11,233 shares in the last quarter. Finally, Exane Derivatives bought a new stake in shares of Rudolph Technologies in the 4th quarter worth $237,000. 92.20% of the stock is 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.

Analyst Recommendations for Rudolph Technologies (NYSE:RTEC)

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