Rudolph Technologies Inc. (NYSE:RTEC)‘s stock had its “buy” rating reaffirmed by analysts at B. Riley in a research note issued on Tuesday. They currently have a $19.50 price objective on the stock. B. Riley’s price target indicates a potential downside of 1.76% from the stock’s current price.
A number of other research firms also recently issued reports on RTEC. Zacks Investment Research downgraded shares of Rudolph Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 29th. Dougherty & Co downgraded shares of Rudolph Technologies from a “buy” rating to a “neutral” rating in a research note on Friday, July 29th. Finally, Stifel Nicolaus upped their price target on shares of Rudolph Technologies from $16.00 to $19.00 and gave the company a “buy” rating in a research note on Wednesday, July 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $18.50.
Rudolph Technologies (NYSE:RTEC) traded up 1.28% during midday trading on Tuesday, hitting $19.85. 105,700 shares of the stock traded hands. The firm’s 50-day moving average is $18.38 and its 200-day moving average is $16.73. The company has a market cap of $615.67 million, a price-to-earnings ratio of 18.76 and a beta of 1.28. Rudolph Technologies has a 52-week low of $11.17 and a 52-week high of $20.45.
Rudolph Technologies (NYSE:RTEC) last released its earnings results on Monday, November 7th. The company reported $0.29 EPS for the quarter, hitting the consensus estimate of $0.29. Rudolph Technologies had a net margin of 14.67% and a return on equity of 8.96%. The firm had revenue of $61.60 million for the quarter, compared to the consensus estimate of $61.38 million. During the same quarter in the previous year, the firm earned $0.26 earnings per share. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. Analysts predict that Rudolph Technologies will post $0.99 EPS for the current year.
A number of hedge funds and other institutional investors have recently bought and sold shares of RTEC. Capital One National Association bought a new position in Rudolph Technologies during the fourth quarter worth approximately $567,000. Ameriprise Financial Inc. boosted its position in Rudolph Technologies by 22.2% in the fourth quarter. Ameriprise Financial Inc. now owns 943,184 shares of the company’s stock worth $13,412,000 after buying an additional 171,588 shares during the last quarter. ClariVest Asset Management LLC boosted its position in Rudolph Technologies by 4.3% in the fourth quarter. ClariVest Asset Management LLC now owns 221,908 shares of the company’s stock worth $3,157,000 after buying an additional 9,238 shares during the last quarter. Eagle Asset Management boosted its position in shares of Rudolph Technologies by 99.0% in the third quarter. Eagle Asset Management now owns 1,241,162 shares of the company’s stock valued at $15,452,000 after buying an additional 617,335 shares during the last quarter. Finally, Neuberger Berman Group LLC boosted its position in shares of Rudolph Technologies by 2.3% in the fourth quarter. Neuberger Berman Group LLC now owns 585,443 shares of the company’s stock valued at $8,325,000 after buying an additional 13,188 shares during the last quarter. Institutional investors and hedge funds own 94.08% of the company’s stock.
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