NASDAQ:VECO Veeco Instruments (VECO) Stock Forecast, Price & News $26.45 +0.19 (+0.72%) (As of 04:35 PM ET) Add Compare Share Share Today's Range$26.41▼$26.7950-Day Range$25.71▼$30.6652-Week Range$16.11▼$31.09Volume1.01 million shsAverage Volume505,721 shsMarket Capitalization$1.49 billionP/E Ratio31.87Dividend YieldN/APrice Target$32.57 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Veeco Instruments MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside23.1% Upside$32.57 Price TargetShort InterestBearish9.96% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.40Based on 6 Articles This WeekInsider TradingSelling Shares$229,251 Sold Last QuarterProj. Earnings Growth31.11%From $0.90 to $1.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.29 out of 5 starsComputer And Technology Sector291st out of 585 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry6th out of 13 stocks 3.3 Analyst's Opinion Consensus RatingVeeco Instruments has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.57, Veeco Instruments has a forecasted upside of 23.1% from its current price of $26.45.Amount of Analyst CoverageVeeco Instruments has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 0.0 Short Interest Percentage of Shares Shorted9.96% of the outstanding shares of Veeco Instruments have been sold short.Short Interest Ratio / Days to CoverVeeco Instruments has a short interest ratio ("days to cover") of 11.8, which indicates bearish sentiment.Change versus previous monthShort interest in Veeco Instruments has recently increased by 1.08%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldVeeco Instruments does not currently pay a dividend.Dividend GrowthVeeco Instruments does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VECO. Previous Next 1.9 News and Social Media Coverage News SentimentVeeco Instruments has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Veeco Instruments this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for VECO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veeco Instruments insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $229,251.00 in company stock.Percentage Held by InsidersOnly 2.40% of the stock of Veeco Instruments is held by insiders.Percentage Held by Institutions98.46% of the stock of Veeco Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Veeco Instruments are expected to grow by 31.11% in the coming year, from $0.90 to $1.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeco Instruments is 31.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeco Instruments is 31.87, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 265.29.Price to Book Value per Share RatioVeeco Instruments has a P/B Ratio of 2.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Veeco Instruments (NASDAQ:VECO) StockVeeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, and atomic layer deposition and other deposition systems, as well as packaging lithography equipment. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, the company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test, hard disk drive, and photonics manufacturers; and research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.Read More VECO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VECO Stock News HeadlinesSeptember 20, 2023 | americanbankingnews.comVeeco Instruments Inc. (NASDAQ:VECO) Receives $32.57 Average Target Price from BrokeragesSeptember 20, 2023 | americanbankingnews.comVeeco Instruments Inc. (NASDAQ:VECO) Given Average Recommendation of "Moderate Buy" by AnalystsSeptember 22, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 17, 2023 | americanbankingnews.comVeeco Instruments (NASDAQ:VECO) Trading Down 5%September 17, 2023 | americanbankingnews.comBenchmark Reiterates "Buy" Rating for Veeco Instruments (NASDAQ:VECO)September 15, 2023 | finance.yahoo.comVeeco Instruments Inc (VECO): A Deep Dive into Its Performance PotentialSeptember 15, 2023 | finance.yahoo.comVeeco Instruments (VECO): A Closer Look at Its Valuation StatusSeptember 13, 2023 | msn.comCiti initiates Veeco Instruments with Buy ratingSeptember 22, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 13, 2023 | americanbankingnews.comVeeco Instruments (NASDAQ:VECO) Coverage Initiated by Analysts at CitigroupSeptember 6, 2023 | finance.yahoo.comThere's Been No Shortage Of Growth Recently For Veeco Instruments' (NASDAQ:VECO) Returns On CapitalSeptember 2, 2023 | msn.comNeedham Initiates Coverage of Veeco Instruments (VECO) with Buy RecommendationSeptember 1, 2023 | msn.comVeeco Instruments: Brokerage Needham says turnaround underway, initiates at 'buy'August 31, 2023 | msn.comVeeco Instruments (VECO) Price Target Increased by 21.54% to 32.23August 20, 2023 | finance.yahoo.comDespite shrinking by US$97m in the past week, Veeco Instruments (NASDAQ:VECO) shareholders are still up 160% over 5 yearsAugust 9, 2023 | finance.yahoo.comVeeco Instruments Inc. (NASDAQ:VECO) Q2 2023 Earnings Call TranscriptAugust 9, 2023 | msn.comGoldman Sachs Maintains Veeco Instruments (VECO) Neutral RecommendationAugust 8, 2023 | markets.businessinsider.comExpert Ratings for Veeco InstrumentsAugust 8, 2023 | finance.yahoo.comVeeco Reports Second Quarter 2023 Financial Results With Record Semiconductor RevenueAugust 8, 2023 | finance.yahoo.comQ2 2023 Veeco Instruments Inc Earnings CallAugust 7, 2023 | seekingalpha.comVeeco Instruments Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 4, 2023 | benzinga.comEarnings Preview: Veeco InstrumentsAugust 3, 2023 | msn.comMKS Instruments (MKSI) Beats Q2 Earnings and Revenue EstimatesJuly 28, 2023 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And Veeco Instruments (NASDAQ:VECO) Passed With EaseJuly 13, 2023 | finance.yahoo.comWhat Does Veeco Instruments Inc.'s (NASDAQ:VECO) Share Price Indicate?July 13, 2023 | seekingalpha.comVeeco Instruments: The Boost From China Is Not Likely To LastJuly 7, 2023 | finance.yahoo.com3 Top-Rated Technology Stocks That Still Have Room to RunSee More Headlines Receive VECO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veeco Instruments and its competitors with MarketBeat's FREE daily newsletter. Email Address VECO Company Calendar Last Earnings8/07/2023Today9/22/2023Next Earnings (Estimated)11/06/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:VECO CUSIP92241710 CIK103145 Webwww.veeco.com Phone(516) 677-0200Fax516-714-1200Employees1,221Year Founded1945Price Target and Rating Average Stock Price Forecast$32.57 High Stock Price Forecast$37.00 Low Stock Price Forecast$28.00 Forecasted Upside/Downside+24.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$0.83 Trailing P/E Ratio31.64 Forward P/E Ratio29.18 P/E GrowthN/ANet Income$166.94 million Net Margins10.51% Pretax Margin-7.48% Return on Equity10.50% Return on Assets5.15% Debt Debt-to-Equity Ratio0.45 Current Ratio2.51 Quick Ratio1.65 Sales & Book Value Annual Sales$646.14 million Price / Sales2.29 Cash Flow$1.77 per share Price / Cash Flow14.80 Book Value$11.24 per share Price / Book2.34Miscellaneous Outstanding Shares56,350,000Free Float54,994,000Market Cap$1.48 billion OptionableOptionable Beta1.26 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesDr. William John Miller Ph.D. (Age 55)CEO & Director Comp: $1.17MMr. John P. Kiernan (Age 61)Sr. VP & CFO Comp: $677.85kMs. Susan Wilkerson (Age 61)Sr. VP of Global Sales & Services Comp: $663.76kDr. Peter Porshnev Ph.D. (Age 59)Sr. VP of Unified Engineering Comp: $623.3kDr. Adrian Devasahayam Ph.D. (Age 52)Sr. VP of Product Line Management Comp: $570.34kMr. Mark HarrisSr. VP of Global OperationsMr. Ajit Paranjpe (Age 60)Chief Technology Officer Mr. Robert W. BradshawChief Admin. OfficerAnthony PapponeHead of Investor RelationsKirk MackeyVP, Head of Legal, Gen. Counsel & Sec.More ExecutivesKey CompetitorsACM ResearchNASDAQ:ACMRDiebold NixdorfNYSE:DBDDonnelley Financial SolutionsNYSE:DFINAltice USANYSE:ATUSE2open ParentNYSE:ETWOView All CompetitorsInsiders & InstitutionsSusan WilkersonSold 1,546 sharesTotal: $44,045.54 ($28.49/share)Comerica BankBought 6,915 shares on 8/22/2023Ownership: 0.012%California State Teachers Retirement SystemSold 1,733 shares on 8/21/2023Ownership: 0.111%Teachers Retirement System of The State of KentuckyBought 903 shares on 8/21/2023Ownership: 0.028%Osaic Holdings Inc.Bought 459 shares on 8/21/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions VECO Stock - Frequently Asked Questions Should I buy or sell Veeco Instruments stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VECO shares. View VECO analyst ratings or view top-rated stocks. What is Veeco Instruments' stock price forecast for 2023? 6 brokers have issued 12 month price objectives for Veeco Instruments' stock. Their VECO share price forecasts range from $28.00 to $37.00. On average, they expect the company's share price to reach $32.57 in the next twelve months. This suggests a possible upside of 24.0% from the stock's current price. View analysts price targets for VECO or view top-rated stocks among Wall Street analysts. How have VECO shares performed in 2023? Veeco Instruments' stock was trading at $18.58 on January 1st, 2023. Since then, VECO shares have increased by 41.3% and is now trading at $26.26. View the best growth stocks for 2023 here. When is Veeco Instruments' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023. View our VECO earnings forecast. How were Veeco Instruments' earnings last quarter? Veeco Instruments Inc. (NASDAQ:VECO) released its earnings results on Monday, August, 7th. The semiconductor company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. The semiconductor company had revenue of $161.64 million for the quarter, compared to analyst estimates of $157.50 million. Veeco Instruments had a trailing twelve-month return on equity of 10.50% and a net margin of 10.51%. What ETFs hold Veeco Instruments' stock? ETFs with the largest weight of Veeco Instruments (NASDAQ:VECO) stock in their portfolio include Invesco Semiconductors ETF (PSI), ProShares Nanotechnology ETF (TINY), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco S&P SmallCap Information Technology ETF (PSCT), Etho Climate Leadership US ETF (ETHO) and Barrons 400 ETF (BFOR).IQ Chaikin U.S. Small Cap ETF (CSML). What guidance has Veeco Instruments issued on next quarter's earnings? Veeco Instruments issued an update on its third quarter 2023 earnings guidance on Monday, August, 7th. The company provided EPS guidance of $0.30-$0.40 for the period, compared to the consensus EPS estimate of $0.33. The company issued revenue guidance of $155.00 million-$175.00 million, compared to the consensus revenue estimate of $168.26 million. What is William J. Miller's approval rating as Veeco Instruments' CEO? 10 employees have rated Veeco Instruments Chief Executive Officer William J. Miller on Glassdoor.com. William J. Miller has an approval rating of 95% among the company's employees. This puts William J. Miller in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Veeco Instruments own? Based on aggregate information from My MarketBeat watchlists, some companies that other Veeco Instruments investors own include NVIDIA (NVDA), AT&T (T), Energy Transfer (ET), Gilead Sciences (GILD), Intel (INTC), Advanced Micro Devices (AMD), FireEye (FEYE), AbbVie (ABBV), Salesforce (CRM) and Ford Motor (F). What is Veeco Instruments' stock symbol? Veeco Instruments trades on the NASDAQ under the ticker symbol "VECO." Who are Veeco Instruments' major shareholders? Veeco Instruments' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.70%), Wasatch Advisors LP (5.56%), Dimensional Fund Advisors LP (4.12%), Paradigm Capital Management Inc. NY (3.63%), State Street Corp (3.16%) and Neumeier Poma Investment Counsel LLC (2.50%). Insiders that own company stock include Adrian Devasahayam, Dennis Thomas St, John P Kiernan, Mary Jane Raymond, Peter J Simone and Susan Wilkerson. View institutional ownership trends. How do I buy shares of Veeco Instruments? Shares of VECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Veeco Instruments' stock price today? One share of VECO stock can currently be purchased for approximately $26.26. How much money does Veeco Instruments make? Veeco Instruments (NASDAQ:VECO) has a market capitalization of $1.48 billion and generates $646.14 million in revenue each year. The semiconductor company earns $166.94 million in net income (profit) each year or $0.83 on an earnings per share basis. How many employees does Veeco Instruments have? The company employs 1,221 workers across the globe. Does Veeco Instruments have any subsidiaries? The following companies are subsidiares of Veeco Instruments: Advanced Imaging, Applied Epi, Digital Instruments, Fluens Corporation, Ion Tech, Mill Lane Engineering, Monarch Labs, NanoDevices, OptiMag, Solid State Equipment Holdings, Synos Technology, TM Microscopes, ThermoMicroscopes Corp, Ultra-Tech Technologies Israel Ltd., Ultratech Inc., Ultratech International Inc., Veeco APAC LLC, Veeco Asia Pte. Ltd., Veeco GmbH, Veeco Instruments (Shanghai) Co. Ltd., Veeco Instruments Limited, Veeco Japan Ltd., Veeco Korea LLC, Veeco Malaysia Sdn. Bhd., Veeco Netherlands BV, Veeco Process Equipment Inc., and Veeco Taiwan Inc..Read More How can I contact Veeco Instruments? Veeco Instruments' mailing address is Terminal Drive, Plainview NY, 11803. The official website for the company is www.veeco.com. The semiconductor company can be reached via phone at (516) 677-0200, via email at investorrelations@veeco.com, or via fax at 516-714-1200. 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