Press coverage about Rudolph Technologies (NYSE:RTEC) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Rudolph Technologies earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the scientific and technical instruments company an impact score of 45.8394459868892 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several analysts recently weighed in on RTEC shares. B. Riley restated a “buy” rating and set a $30.00 price objective on shares of Rudolph Technologies in a research report on Tuesday, August 8th. Stifel Nicolaus upgraded Rudolph Technologies from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Friday, June 16th. They noted that the move was a valuation call. Zacks Investment Research upgraded Rudolph Technologies from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Saturday, May 6th. BidaskClub upgraded Rudolph Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, Credit Suisse Group downgraded Rudolph Technologies from a “neutral” rating to an “underperform” rating and set a $23.00 price objective for the company. in a research report on Tuesday, May 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. Rudolph Technologies presently has an average rating of “Hold” and an average target price of $27.20.
Shares of Rudolph Technologies (RTEC) traded up 0.70% during trading on Friday, reaching $21.50. The company’s stock had a trading volume of 981,750 shares. Rudolph Technologies has a 12-month low of $16.80 and a 12-month high of $27.30. The stock has a market cap of $678.11 million, a P/E ratio of 21.70 and a beta of 1.08. The stock’s 50-day moving average is $23.58 and its 200-day moving average is $23.21.
Rudolph Technologies (NYSE:RTEC) last issued its quarterly earnings results on Wednesday, August 2nd. The scientific and technical instruments company reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.02. Rudolph Technologies had a return on equity of 10.36% and a net margin of 13.02%. The firm had revenue of $67.40 million during the quarter, compared to analyst estimates of $65.60 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue was up 7.5% compared to the same quarter last year. Equities research analysts anticipate that Rudolph Technologies will post $1.17 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.
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