Several brokerages have updated their recommendations and price targets on shares of Rudolph Technologies (NYSE: RTEC) in the last few weeks:

  • 9/25/2018 – Rudolph Technologies was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. Rudolph has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry’s growth. Rudolph’s strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions. “
  • 9/18/2018 – Rudolph Technologies was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. Rudolph has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry’s growth. Rudolph’s strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions. “
  • 9/12/2018 – Rudolph Technologies was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 9/12/2018 – Rudolph Technologies was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. Rudolph has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry’s growth. Rudolph’s strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions. “
  • 9/10/2018 – Rudolph Technologies was upgraded by analysts at Sidoti from a “neutral” rating to a “buy” rating. They now have a $36.00 price target on the stock.
  • 9/6/2018 – Rudolph Technologies was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. Rudolph has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry’s growth. Rudolph’s strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions. “
  • 8/29/2018 – Rudolph Technologies was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. Rudolph has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry’s growth. Rudolph’s strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions. “
  • 8/21/2018 – Rudolph Technologies was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. Rudolph has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry’s growth. Rudolph’s strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions. “
  • 8/9/2018 – Rudolph Technologies was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. Rudolph has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry’s growth. Rudolph’s strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions. “

RTEC stock traded down $0.10 during mid-day trading on Tuesday, reaching $24.35. The company had a trading volume of 1,821 shares, compared to its average volume of 256,519. The company has a market capitalization of $783.16 million, a P/E ratio of 23.41, a P/E/G ratio of 1.50 and a beta of 0.85. Rudolph Technologies Inc has a 12 month low of $23.05 and a 12 month high of $34.55.

Rudolph Technologies (NYSE:RTEC) last issued its earnings results on Thursday, August 2nd. The scientific and technical instruments company reported $0.51 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.03. The business had revenue of $77.48 million for the quarter, compared to the consensus estimate of $77.80 million. Rudolph Technologies had a net margin of 16.71% and a return on equity of 14.01%. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 EPS. analysts expect that Rudolph Technologies Inc will post 1.63 earnings per share for the current fiscal year.

In other news, VP Richard B. Rogoff sold 3,768 shares of the company’s stock in a transaction that occurred on Friday, August 10th. The shares were sold at an average price of $27.70, for a total value of $104,373.60. Following the completion of the sale, the vice president now owns 32,688 shares of the company’s stock, valued at approximately $905,457.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.00% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. lifted its position in Rudolph Technologies by 10.1% during the second quarter. BlackRock Inc. now owns 4,538,304 shares of the scientific and technical instruments company’s stock valued at $134,335,000 after acquiring an additional 414,776 shares during the last quarter. Renaissance Technologies LLC lifted its position in Rudolph Technologies by 25.2% during the second quarter. Renaissance Technologies LLC now owns 1,114,836 shares of the scientific and technical instruments company’s stock valued at $32,999,000 after acquiring an additional 224,536 shares during the last quarter. Citadel Advisors LLC lifted its position in Rudolph Technologies by 87.3% during the second quarter. Citadel Advisors LLC now owns 422,447 shares of the scientific and technical instruments company’s stock valued at $12,505,000 after acquiring an additional 196,864 shares during the last quarter. Northern Trust Corp lifted its position in Rudolph Technologies by 3.8% during the second quarter. Northern Trust Corp now owns 422,032 shares of the scientific and technical instruments company’s stock valued at $12,491,000 after acquiring an additional 15,487 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Rudolph Technologies by 2.5% during the second quarter. Bank of New York Mellon Corp now owns 412,353 shares of the scientific and technical instruments company’s stock valued at $12,206,000 after acquiring an additional 9,915 shares during the last quarter. 94.66% of the stock is owned by hedge funds and other institutional investors.

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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