Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Rudolph Technologies (RTEC) Share Price
News coverage about Rudolph Technologies (NYSE:RTEC) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rudolph Technologies earned a daily sentiment score of 0.02 on Accern’s scale. Accern also assigned news articles about the scientific and technical instruments company an impact score of 46.0101928457989 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of equities analysts have recently commented on the stock. B. Riley reissued a “buy” rating and issued a $30.00 price target on shares of Rudolph Technologies in a research report on Thursday, September 21st. Zacks Investment Research raised shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. BidaskClub raised shares of Rudolph Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, September 21st. Finally, Credit Suisse Group lifted their price target on shares of Rudolph Technologies from $23.00 to $24.00 and gave the company an “underperform” rating in a research report on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $28.00.
Rudolph Technologies (RTEC) opened at $26.15 on Wednesday. Rudolph Technologies has a 52-week low of $21.00 and a 52-week high of $28.10. The stock has a market cap of $826.00, a price-to-earnings ratio of 21.09, a P/E/G ratio of 1.43 and a beta of 1.05.
Rudolph Technologies (NYSE:RTEC) last announced 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 Zacks’ consensus estimate of $0.31 by $0.02. Rudolph Technologies had a net margin of 15.99% and a return on equity of 10.49%. 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 previous year, the firm posted $0.29 earnings per share. Rudolph Technologies’s revenue was up 8.6% compared to the same quarter last year. equities analysts predict that Rudolph Technologies will post 1.04 earnings per share for the current fiscal year.
In other Rudolph Technologies news, VP Robert Alan Koch sold 3,500 shares of Rudolph Technologies stock in a transaction on Monday, November 20th. The shares were sold at an average price of $26.31, for a total transaction of $92,085.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 transaction of $156,780.00. Following the sale, the director now owns 24,200 shares in the company, valued at approximately $632,346. The disclosure for this sale can be found here. Insiders have sold 19,500 shares of company stock worth $511,765 in the last ninety days. 2.00% of the stock is currently owned by insiders.
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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.
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