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Veeco Instruments (VECO) Competitors

$41.59
+0.06 (+0.14%)
(As of 05/28/2024 ET)

VECO vs. ACLS, ACMR, AVDX, APPN, SEMR, VSAT, RPD, GSAT, PRGS, and ROG

Should you be buying Veeco Instruments stock or one of its competitors? The main competitors of Veeco Instruments include Axcelis Technologies (ACLS), ACM Research (ACMR), AvidXchange (AVDX), Appian (APPN), Semrush (SEMR), Viasat (VSAT), Rapid7 (RPD), Globalstar (GSAT), Progress Software (PRGS), and Rogers (ROG). These companies are all part of the "computer and technology" sector.

Veeco Instruments vs.

Axcelis Technologies (NASDAQ:ACLS) and Veeco Instruments (NASDAQ:VECO) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings, media sentiment, institutional ownership and community ranking.

Axcelis Technologies has a beta of 1.64, suggesting that its stock price is 64% more volatile than the S&P 500. Comparatively, Veeco Instruments has a beta of 1.18, suggesting that its stock price is 18% more volatile than the S&P 500.

Axcelis Technologies has a net margin of 22.16% compared to Axcelis Technologies' net margin of -2.51%. Veeco Instruments' return on equity of 30.22% beat Axcelis Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Axcelis Technologies22.16% 30.22% 20.37%
Veeco Instruments -2.51%11.97%6.34%

Axcelis Technologies has higher revenue and earnings than Veeco Instruments. Veeco Instruments is trading at a lower price-to-earnings ratio than Axcelis Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Axcelis Technologies$1.13B3.32$246.26M$7.5715.24
Veeco Instruments$666.43M3.53-$30.37M-$0.45-92.42

In the previous week, Axcelis Technologies had 5 more articles in the media than Veeco Instruments. MarketBeat recorded 12 mentions for Axcelis Technologies and 7 mentions for Veeco Instruments. Veeco Instruments' average media sentiment score of 1.44 beat Axcelis Technologies' score of 1.16 indicating that Axcelis Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Axcelis Technologies
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Veeco Instruments
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Axcelis Technologies received 88 more outperform votes than Veeco Instruments when rated by MarketBeat users. Likewise, 71.65% of users gave Axcelis Technologies an outperform vote while only 54.73% of users gave Veeco Instruments an outperform vote.

CompanyUnderperformOutperform
Axcelis TechnologiesOutperform Votes
551
71.65%
Underperform Votes
218
28.35%
Veeco InstrumentsOutperform Votes
463
54.73%
Underperform Votes
383
45.27%

Axcelis Technologies presently has a consensus target price of $169.00, suggesting a potential upside of 46.54%. Veeco Instruments has a consensus target price of $40.71, suggesting a potential downside of 2.11%. Given Veeco Instruments' stronger consensus rating and higher probable upside, research analysts plainly believe Axcelis Technologies is more favorable than Veeco Instruments.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Axcelis Technologies
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.71
Veeco Instruments
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

90.0% of Axcelis Technologies shares are held by institutional investors. Comparatively, 98.5% of Veeco Instruments shares are held by institutional investors. 1.1% of Axcelis Technologies shares are held by insiders. Comparatively, 2.2% of Veeco Instruments shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Axcelis Technologies beats Veeco Instruments on 15 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding VECO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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VECO vs. The Competition

MetricVeeco InstrumentsSpecial industry machinery IndustryComputer SectorNASDAQ Exchange
Market Cap$2.36B$26.75B$21.01B$8.09B
Dividend YieldN/A1.34%2.73%3.96%
P/E Ratio-92.4221.64261.5618.43
Price / Sales3.533.36539.3972.31
Price / Cash24.7019.6429.4828.77
Price / Book3.484.396.904.39
Net Income-$30.37M$628.74M$618.44M$213.55M
7 Day Performance2.49%-0.93%-0.31%-0.80%
1 Month Performance18.29%2.36%3.30%3.42%
1 Year Performance69.13%8.59%28.07%7.53%

Veeco Instruments Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ACLS
Axcelis Technologies
4.8672 of 5 stars
$112.19
-2.6%
$169.00
+50.6%
-28.3%$3.65B$1.13B14.821,704Short Interest ↓
Positive News
ACMR
ACM Research
3.9218 of 5 stars
$23.23
-0.5%
$31.88
+37.2%
+120.1%$1.32B$557.72M17.601,590Short Interest ↑
AVDX
AvidXchange
3.1836 of 5 stars
$10.98
-1.8%
$13.14
+19.7%
+16.3%$2.31B$399.50M-73.201,600Insider Selling
Short Interest ↑
APPN
Appian
4.4021 of 5 stars
$32.02
-1.3%
$46.43
+45.0%
-26.4%$2.31B$545.36M-21.782,243Short Interest ↑
SEMR
Semrush
0.9263 of 5 stars
$16.04
-0.4%
$14.00
-12.7%
+109.0%$2.33B$307.67M178.221,390
VSAT
Viasat
3.2387 of 5 stars
$18.84
-2.8%
$38.17
+102.6%
-65.4%$2.36B$2.56B2.496,800Analyst Forecast
RPD
Rapid7
3.5412 of 5 stars
$38.08
-3.7%
$51.73
+35.9%
-22.8%$2.37B$777.71M-18.582,228Positive News
GSAT
Globalstar
0 of 5 stars
$1.17
-2.5%
N/AN/A$2.22B$223.81M-58.50348
PRGS
Progress Software
4.6329 of 5 stars
$51.31
-0.6%
$64.60
+25.9%
-16.5%$2.22B$694.44M33.322,284
ROG
Rogers
2.4948 of 5 stars
$118.29
-1.0%
N/A-26.3%$2.21B$908.40M32.503,300

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This page (NASDAQ:VECO) was last updated on 5/29/2024 by MarketBeat.com Staff

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