Wall Street analysts expect Rudolph Technologies Inc (NYSE:RTEC) to report earnings of $0.35 per share for the current quarter, Zacks reports. Three analysts have issued estimates for Rudolph Technologies’ earnings, with the highest EPS estimate coming in at $0.35 and the lowest estimate coming in at $0.34. Rudolph Technologies posted earnings of $0.33 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 6.1%. The firm is scheduled to report its next quarterly earnings report on Monday, October 29th.

According to Zacks, analysts expect that Rudolph Technologies will report full-year earnings of $1.82 per share for the current fiscal year, with EPS estimates ranging from $1.80 to $1.86. For the next fiscal year, analysts anticipate that the business will post earnings of $2.05 per share, with EPS estimates ranging from $1.90 to $2.19. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow Rudolph Technologies.

Rudolph Technologies (NYSE:RTEC) last announced its earnings results on Thursday, August 2nd. The scientific and technical instruments company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.03. Rudolph Technologies had a return on equity of 14.01% and a net margin of 16.71%. The firm had revenue of $77.48 million during the quarter, compared to analyst estimates of $77.80 million. During the same period last year, the firm posted $0.33 EPS. The business’s revenue was up 14.9% compared to the same quarter last year.

Several equities research analysts have recently issued reports on RTEC shares. Zacks Investment Research lowered Rudolph Technologies from a “hold” rating to a “sell” rating in a research report on Thursday, August 9th. Sidoti raised Rudolph Technologies from a “neutral” rating to a “buy” rating and set a $36.00 target price for the company in a research report on Monday, September 10th. Finally, ValuEngine lowered Rudolph Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, September 12th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. Rudolph Technologies has an average rating of “Hold” and an average target price of $32.50.

In other news, VP Richard B. Rogoff sold 3,768 shares of the firm’s stock in a transaction on Friday, August 10th. The stock was sold at an average price of $27.70, for a total transaction of $104,373.60. Following the completion of the sale, the vice president now directly owns 32,688 shares of the company’s stock, valued at approximately $905,457.60. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 2.00% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Macquarie Group Ltd. increased its holdings in Rudolph Technologies by 102.1% in the 2nd quarter. Macquarie Group Ltd. now owns 3,959 shares of the scientific and technical instruments company’s stock worth $117,000 after acquiring an additional 2,000 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Rudolph Technologies by 495.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,320 shares of the scientific and technical instruments company’s stock worth $128,000 after acquiring an additional 3,594 shares during the last quarter. Meeder Asset Management Inc. increased its holdings in Rudolph Technologies by 319.0% in the 2nd quarter. Meeder Asset Management Inc. now owns 5,304 shares of the scientific and technical instruments company’s stock worth $157,000 after acquiring an additional 4,038 shares during the last quarter. Piedmont Investment Advisors LLC purchased a new stake in Rudolph Technologies in the 2nd quarter worth about $219,000. Finally, Sei Investments Co. boosted its stake in Rudolph Technologies by 399.0% in the 2nd quarter. Sei Investments Co. now owns 7,565 shares of the scientific and technical instruments company’s stock worth $224,000 after purchasing an additional 6,049 shares during the period. 94.66% of the stock is owned by institutional investors.

Shares of Rudolph Technologies stock opened at $24.45 on Friday. Rudolph Technologies has a 1 year low of $23.05 and a 1 year high of $34.55. The firm has a market cap of $783.16 million, a PE ratio of 23.48, a price-to-earnings-growth ratio of 1.50 and a beta of 0.85.

Rudolph Technologies Company Profile

Rudolph Technologies, Inc designs, develops, manufactures, and supports process control defect inspection and metrology, advanced packaging lithography, and data analysis systems and software used in microelectronic device manufacturing. The company also offers process and yield management solutions used in wafer processing facilities, and device packaging and test facilities manufacturing through standalone systems for macro-defect inspection, lithography, probe card test and analysis, and transparent and opaque thin film measurements.

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