Rudolph Technologies, Inc. (NYSE:RTEC) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share guidance of $0.22-0.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.27. The company issued revenue guidance of $57-63 million, compared to the consensus revenue estimate of $62.38 million.
Shares of Rudolph Technologies, Inc. (NYSE RTEC) opened at $25.80 on Wednesday. Rudolph Technologies, Inc. has a 1-year low of $18.50 and a 1-year high of $28.10. The firm has a market capitalization of $816.52, a P/E ratio of 25.85, a P/E/G ratio of 1.83 and a beta of 1.08.
Rudolph Technologies (NYSE:RTEC) last posted its earnings results on Monday, October 30th. The scientific and technical instruments company reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $66.90 million during the quarter, compared to analyst estimates of $66.25 million. During the same period in the previous year, the company earned $0.29 EPS. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. equities research analysts forecast that Rudolph Technologies, Inc. will post 1.05 EPS for the current year.
A number of brokerages have recently commented on RTEC. B. Riley reiterated a buy rating and set a $30.00 price target on shares of Rudolph Technologies in a report on Tuesday, August 8th. BidaskClub lowered Rudolph Technologies from a buy rating to a hold rating in a report on Friday, November 10th. Zacks Investment Research cut Rudolph Technologies from a buy rating to a hold rating in a research report on Wednesday, August 9th. Finally, DA Davidson restated a buy rating and set a $30.00 price objective on shares of Rudolph Technologies in a research report on Monday, September 18th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of Hold and an average price target of $28.00.
In other Rudolph Technologies news, VP Silveira Elvino M. Da sold 10,000 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $26.29, for a total value of $262,900.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 2.00% of the company’s stock.
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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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