Rudolph Technologies (RTEC) Receives Daily News Sentiment Score of 0.49
Press coverage about Rudolph Technologies (NYSE:RTEC) has trended positive this week, according to AlphaOne. The research firm, a division of Accern, identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rudolph Technologies earned a daily sentiment score of 0.49 on AlphaOne’s scale. AlphaOne also gave news coverage about the scientific and technical instruments company an impact score of 33 out of 100, indicating that recent media coverage is unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have impacted AlphaOne Sentiment’s scoring:
- Rudolph Technologies, Inc. breached its 50 day moving average in a Bullish Manner : RTEC-US : April 20, 2017 (finance.yahoo.com)
- Rudolph Technologies Inc (RTEC) Expected to Announce Earnings of $0.22 Per Share (americanbankingnews.com)
- Rudolph Technologies (RTEC) Receiving Very Favorable Press Coverage, Report Shows (americanbankingnews.com)
- Rudolph Technologies (RTEC) Receiving Favorable News Coverage, Analysis Shows (americanbankingnews.com)
Rudolph Technologies (NYSE:RTEC) traded down 0.21% during midday trading on Friday, hitting $23.55. 102,758 shares of the stock traded hands. Rudolph Technologies has a 12 month low of $13.43 and a 12 month high of $24.90. The firm has a market cap of $735.65 million, a PE ratio of 20.30 and a beta of 1.31. The company’s 50 day moving average price is $21.82 and its 200 day moving average price is $21.02.
Rudolph Technologies (NYSE:RTEC) last issued its quarterly earnings data on Thursday, February 2nd. The scientific and technical instruments company reported $0.21 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.21. The firm earned $54.10 million during the quarter, compared to the consensus estimate of $54.17 million. Rudolph Technologies had a return on equity of 9.44% and a net margin of 15.87%. The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the company earned $0.16 EPS. Equities research analysts predict that Rudolph Technologies will post $1.12 earnings per share for the current fiscal year.
Several equities research analysts have recently issued reports on RTEC shares. Credit Suisse Group AG cut shares of Rudolph Technologies from an “outperform” rating to a “neutral” rating in a research report on Monday, January 9th. Zacks Investment Research upgraded shares of Rudolph Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, January 11th. B. Riley reiterated a “buy” rating on shares of Rudolph Technologies in a research report on Tuesday, January 17th. Finally, Dougherty & Co upgraded shares of Rudolph Technologies from a “neutral” rating to a “buy” rating and set a $27.00 price objective on the stock in a research report on Wednesday. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $23.80.
In related news, VP Steven D. Gardner sold 7,406 shares of the firm’s stock in a transaction dated Tuesday, February 28th. The stock was sold at an average price of $21.67, for a total transaction of $160,488.02. Following the completion of the sale, the vice president now directly owns 51,066 shares of the company’s stock, valued at approximately $1,106,600.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.60% of the stock is currently owned by company insiders.
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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