Shares of Rudolph Technologies Inc (NYSE:RTEC) have received a consensus recommendation of “Hold” from the seven analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $28.00.

Several analysts have issued reports on RTEC shares. B. Riley started coverage on Rudolph Technologies in a research note on Monday, September 11th. They issued a “buy” rating and a $30.00 price objective on the stock. DA Davidson restated a “buy” rating and issued a $30.00 price objective on shares of Rudolph Technologies in a research note on Monday, September 18th. BidaskClub upgraded Rudolph Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, September 21st. Zacks Investment Research lowered Rudolph Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Finally, Credit Suisse Group upped their price objective on Rudolph Technologies from $23.00 to $24.00 and gave the company an “underperform” rating in a research note on Tuesday, October 31st.

In other news, VP Robert Alan Koch sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $26.31, for a total value of $92,085.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Silveira Elvino M. Da sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $26.29, for a total value of $262,900.00. The disclosure for this sale can be found here. Insiders sold 19,500 shares of company stock worth $511,765 in the last 90 days. Corporate insiders own 2.00% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Rudolph Technologies by 6.2% in the second quarter. Vanguard Group Inc. now owns 1,680,423 shares of the scientific and technical instruments company’s stock valued at $38,397,000 after purchasing an additional 97,588 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of Rudolph Technologies by 15.5% in the second quarter. Renaissance Technologies LLC now owns 706,633 shares of the scientific and technical instruments company’s stock valued at $16,147,000 after purchasing an additional 94,897 shares during the last quarter. Eagle Asset Management Inc. grew its position in shares of Rudolph Technologies by 1.8% in the third quarter. Eagle Asset Management Inc. now owns 474,579 shares of the scientific and technical instruments company’s stock valued at $12,457,000 after purchasing an additional 8,602 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Rudolph Technologies by 6.2% in the third quarter. Ameriprise Financial Inc. now owns 455,628 shares of the scientific and technical instruments company’s stock valued at $11,981,000 after purchasing an additional 26,456 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Rudolph Technologies by 9.7% in the second quarter. Northern Trust Corp now owns 416,768 shares of the scientific and technical instruments company’s stock valued at $9,524,000 after purchasing an additional 36,893 shares during the last quarter. 92.52% of the stock is currently owned by institutional investors.

Shares of Rudolph Technologies (NYSE:RTEC) opened at $24.75 on Thursday. Rudolph Technologies has a twelve month low of $21.00 and a twelve month high of $28.10. The stock has a market capitalization of $775.46, a PE ratio of 24.55, a P/E/G ratio of 1.75 and a beta of 1.03.

Rudolph Technologies (NYSE:RTEC) last released its earnings results on Monday, October 30th. The scientific and technical instruments company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.02. Rudolph Technologies had a return on equity of 10.49% and a net margin of 15.99%. The business had revenue of $66.90 million for the quarter, compared to analyst estimates of $66.25 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. Rudolph Technologies’s revenue was up 8.6% on a year-over-year basis. equities analysts expect that Rudolph Technologies will post 1.04 earnings per share for the current fiscal year.

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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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