Equities research analysts expect Rudolph Technologies Inc (NYSE:RTEC) to report $66.63 million in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Rudolph Technologies’ earnings, with the lowest sales estimate coming in at $62.70 million and the highest estimate coming in at $70.00 million. Rudolph Technologies posted sales of $60.43 million during the same quarter last year, which suggests a positive year over year growth rate of 10.3%. The business is expected to report its next earnings report on Thursday, November 7th.

On average, analysts expect that Rudolph Technologies will report full-year sales of $259.40 million for the current fiscal year, with estimates ranging from $257.00 million to $261.90 million. For the next year, analysts forecast that the firm will report sales of $296.73 million, with estimates ranging from $288.00 million to $309.20 million. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Rudolph Technologies.

Rudolph Technologies (NYSE:RTEC) last announced its quarterly earnings data on Tuesday, July 30th. The scientific and technical instruments company reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.07. The business had revenue of $61.51 million for the quarter, compared to analysts’ expectations of $62.56 million. Rudolph Technologies had a net margin of 11.55% and a return on equity of 8.44%. The business’s revenue was down 20.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.51 earnings per share.

A number of equities research analysts have recently commented on RTEC shares. Dougherty & Co cut shares of Rudolph Technologies from a “buy” rating to a “neutral” rating in a report on Wednesday, July 31st. ValuEngine cut shares of Rudolph Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Zacks Investment Research upgraded shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a report on Saturday. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $32.25.

RTEC traded down $0.16 during midday trading on Wednesday, reaching $22.95. The company’s stock had a trading volume of 349,896 shares, compared to its average volume of 196,890. The company has a market capitalization of $730.91 million, a price-to-earnings ratio of 16.16, a price-to-earnings-growth ratio of 2.23 and a beta of 0.99. The company has a debt-to-equity ratio of 0.03, a current ratio of 8.07 and a quick ratio of 5.70. Rudolph Technologies has a 1 year low of $18.13 and a 1 year high of $29.57. The company’s 50-day simple moving average is $26.72.

Large investors have recently bought and sold shares of the company. Quadrant Capital Group LLC lifted its position in Rudolph Technologies by 529.3% during the first quarter. Quadrant Capital Group LLC now owns 1,183 shares of the scientific and technical instruments company’s stock valued at $25,000 after purchasing an additional 995 shares during the period. First Mercantile Trust Co. lifted its position in Rudolph Technologies by 16.5% during the first quarter. First Mercantile Trust Co. now owns 2,820 shares of the scientific and technical instruments company’s stock valued at $64,000 after purchasing an additional 400 shares during the period. Tower Research Capital LLC TRC lifted its position in Rudolph Technologies by 206.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,840 shares of the scientific and technical instruments company’s stock valued at $106,000 after purchasing an additional 2,586 shares during the period. Meeder Asset Management Inc. lifted its position in Rudolph Technologies by 3,528.2% during the second quarter. Meeder Asset Management Inc. now owns 4,245 shares of the scientific and technical instruments company’s stock valued at $117,000 after purchasing an additional 4,128 shares during the period. Finally, Advisor Group Inc. lifted its position in Rudolph Technologies by 17.9% during the second quarter. Advisor Group Inc. now owns 6,128 shares of the scientific and technical instruments company’s stock valued at $170,000 after purchasing an additional 930 shares during the period. Hedge funds and other institutional investors own 94.06% of the company’s stock.

About Rudolph Technologies

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

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Earnings History and Estimates for Rudolph Technologies (NYSE:RTEC)

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