According to Zacks, “Rudolph Technologies is a worldwide leader in the design, development, manufacture and support of high-performance process control metrology, defect inspection and data analysis systems used by semiconductor device manufacturers. Rudolph provides a full-fab solution through its families of proprietary products that provide critical yield-enhancing information, enabling microelectronic device manufacturers to drive down costs and time to market. Rudolph has enhanced the competitiveness of its products in the marketplace by anticipating and addressing many emerging trends driving the semiconductor industry’s growth. Rudolph’s strategy for continued technological and market leadership includes aggressive research and development of complementary metrology and inspection solutions. “
RTEC has been the subject of several other research reports. Dougherty & Co cut Rudolph Technologies from a buy rating to a neutral rating in a report on Wednesday, July 31st. ValuEngine lowered Rudolph Technologies from a buy rating to a hold rating in a research report on Tuesday, August 6th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of $32.25.
Rudolph Technologies (NYSE:RTEC) last posted its quarterly earnings results on Tuesday, July 30th. The scientific and technical instruments company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.22 by $0.07. The company had revenue of $61.51 million during the quarter, compared to analysts’ expectations of $62.56 million. Rudolph Technologies had a return on equity of 8.44% and a net margin of 11.55%. The firm’s revenue was down 20.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 EPS. On average, analysts forecast that Rudolph Technologies will post 1.05 EPS for the current fiscal year.
Large investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC lifted its holdings in shares of Rudolph Technologies by 529.3% in the first quarter. Quadrant Capital Group LLC now owns 1,183 shares of the scientific and technical instruments company’s stock valued at $25,000 after buying an additional 995 shares during the period. First Mercantile Trust Co. lifted its holdings in shares of Rudolph Technologies by 16.5% during the first quarter. First Mercantile Trust Co. now owns 2,820 shares of the scientific and technical instruments company’s stock valued at $64,000 after purchasing an additional 400 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Rudolph Technologies by 206.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,840 shares of the scientific and technical instruments company’s stock valued at $106,000 after purchasing an additional 2,586 shares during the last quarter. Meeder Asset Management Inc. lifted its holdings in shares of Rudolph Technologies by 3,528.2% during the second quarter. Meeder Asset Management Inc. now owns 4,245 shares of the scientific and technical instruments company’s stock valued at $117,000 after purchasing an additional 4,128 shares during the last quarter. Finally, BNP Paribas Arbitrage SA lifted its holdings in shares of Rudolph Technologies by 2,950.7% during the first quarter. BNP Paribas Arbitrage SA now owns 6,559 shares of the scientific and technical instruments company’s stock valued at $150,000 after purchasing an additional 6,344 shares during the last quarter. 95.01% of the stock is owned by institutional investors.
About Rudolph Technologies
Rudolph Technologies, Inc designs, develops, manufactures, and supports process control defect inspection and metrology, advanced packaging lithography, and process control software systems used by microelectronic device manufacturers. It offers process and yield management solutions used in bare silicon wafer production and processing facilities, and device packaging and test facilities through standalone systems for macro-defect inspection, packaging lithography, probe card test and analysis, and transparent and opaque thin film measurements.
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