Equities analysts expect Rudolph Technologies Inc (NYSE:RTEC) to post $61.23 million in sales for the current quarter, Zacks reports. Three analysts have made estimates for Rudolph Technologies’ earnings. The highest sales estimate is $63.00 million and the lowest is $60.00 million. Rudolph Technologies reported sales of $54.08 million during the same quarter last year, which indicates a positive year over year growth rate of 13.2%. The firm is expected to report its next earnings report after the market closes on Thursday, February 1st.
On average, analysts expect that Rudolph Technologies will report full-year sales of $61.23 million for the current financial year, with estimates ranging from $255.00 million to $258.00 million. For the next year, analysts anticipate that the company will post sales of $284.80 million per share, with estimates ranging from $281.40 million to $287.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow Rudolph Technologies.
Rudolph Technologies (NYSE:RTEC) last released its quarterly earnings data on Thursday, February 1st. The scientific and technical instruments company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.04. The company had revenue of $60.08 million for the quarter, compared to the consensus estimate of $60.79 million. Rudolph Technologies had a return on equity of 10.49% and a net margin of 15.99%. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period last year, the business posted $0.21 EPS.
In related news, VP Silveira Elvino M. Da sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $26.29, for a total transaction of $262,900.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Robert Alan Koch sold 3,500 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $26.31, for a total value of $92,085.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,500 shares of company stock worth $511,765. Company insiders own 2.00% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the business. Cubist Systematic Strategies LLC grew its stake in Rudolph Technologies by 78.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 13,615 shares of the scientific and technical instruments company’s stock valued at $311,000 after purchasing an additional 5,966 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in Rudolph Technologies by 4.2% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 189,535 shares of the scientific and technical instruments company’s stock valued at $4,985,000 after purchasing an additional 7,712 shares in the last quarter. Kalos Management Inc. acquired a new stake in Rudolph Technologies during the 3rd quarter valued at approximately $330,000. Goldman Sachs Group Inc. grew its stake in Rudolph Technologies by 94.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 233,761 shares of the scientific and technical instruments company’s stock valued at $5,341,000 after purchasing an additional 113,320 shares in the last quarter. Finally, Macquarie Group Ltd. acquired a new stake in Rudolph Technologies during the 3rd quarter valued at approximately $578,000. Hedge funds and other institutional investors own 93.01% of the company’s stock.
Rudolph Technologies (NYSE:RTEC) traded up $0.30 during trading on Friday, hitting $26.50. The stock had a trading volume of 190,821 shares, compared to its average volume of 186,651. The stock has a market cap of $835.47, a P/E ratio of 21.37, a price-to-earnings-growth ratio of 1.50 and a beta of 1.05. Rudolph Technologies has a 52 week low of $21.00 and a 52 week high of $28.50.
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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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