Rudolph Technologies, Inc. (NYSE:RTEC) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided EPS guidance of $0.22-0.28 for the period, compared to the Thomson Reuters consensus EPS 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) traded down 0.55% during midday trading on Monday, reaching $27.25. 131,156 shares of the company’s stock traded hands. The firm has a market cap of $859.47 million, a PE ratio of 27.50 and a beta of 1.12. The company has a 50 day moving average of $25.58 and a 200 day moving average of $24.14. Rudolph Technologies, Inc. has a 52-week low of $16.80 and a 52-week high of $27.95.
Rudolph Technologies (NYSE:RTEC) last released its quarterly earnings data on Wednesday, August 2nd. The scientific and technical instruments company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.02. Rudolph Technologies had a net margin of 13.02% and a return on equity of 10.36%. The firm had revenue of $67.40 million for the quarter, compared to analyst estimates of $65.60 million. During the same period last year, the firm earned $0.31 earnings per share. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. On average, equities analysts predict that Rudolph Technologies, Inc. will post $1.17 EPS for the current fiscal year.
A number of research analysts have weighed in on the stock. Zacks Investment Research raised shares of Rudolph Technologies from a sell rating to a hold rating in a research note on Wednesday, October 18th. B. Riley reaffirmed a buy rating and issued a $30.00 price objective on shares of Rudolph Technologies in a research note on Thursday, September 21st. BidaskClub raised shares of Rudolph Technologies from a hold rating to a buy rating in a research note on Thursday, September 21st. Finally, DA Davidson reaffirmed a buy rating and issued a $30.00 price objective on shares of Rudolph Technologies in a research note on Monday, September 18th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of Buy and an average target price of $27.80.
About Rudolph Technologies
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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