NASDAQ:VECO Veeco Instruments Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Veeco Instruments Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.67 -0.34 (-2.83 %) (As of 09/30/2020 04:41 PM ET) Add Compare Share Today's Range$11.59Now: $11.67▼$12.1750-Day Range$10.65MA: $12.17▼$14.0452-Week Range$7.42Now: $11.67▼$19.21Volume418,310 shsAverage Volume534,626 shsMarket Capitalization$579.05 millionP/E RatioN/ADividend YieldN/ABeta1.2 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. It offers metal organic chemical vapor deposition systems; packaging lithography equipment; precision surface processing systems; laser annealing systems; ion beam deposition and etch systems; molecular beam epitaxy systems; 3D wafer inspection systems; and atomic layer deposition and other deposition systems. The company sells its process equipment systems for use in the production of a range of microelectronic components, including light emitting diodes, micro-electro mechanical systems, radio frequency filters and amplifiers, power electronics, thin film magnetic heads, and laser diodes; and 3D NAND, DRAM, logic, and other semiconductor devices, as well as for research centers and universities. Veeco Instruments Inc. was founded in 1989 and is headquartered in Plainview, New York.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingVeeco Instruments has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.83, Veeco Instruments has a forecasted upside of 52.8% from its current price of $11.67.Amount of Analyst CoverageVeeco Instruments has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesVeeco Instruments has received 430 “outperform” votes. (Add your “outperform” vote.)Underperform VotesVeeco Instruments has received 669 “underperform” votes. (Add your “underperform” vote.)Community SentimentVeeco Instruments has received 60.87% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Veeco Instruments and other stocks. Vote “Outperform” if you believe VECO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe VECO will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veeco Instruments insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.60% of the stock of Veeco Instruments is held by insiders.Percentage Held by Institutions93.58% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Veeco Instruments are expected to grow by 75.51% in the coming year, from $0.49 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeco Instruments is -10.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeco Instruments is -10.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioVeeco Instruments has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.68 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:VECO Previous Symbol CUSIP92241710 CIK103145 Webwww.veeco.com Phone516-677-0200Debt Debt-to-Equity Ratio0.80 Current Ratio4.22 Quick Ratio3.15Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio23.82 P/E GrowthN/A Sales & Book Value Annual Sales$419.35 million Price / Sales1.38 Cash Flow$0.40 per share Price / Cash Flow29.25 Book Value$7.66 per share Price / Book1.52Profitability EPS (Most Recent Fiscal Year)($0.35) Net Income$-78,730,000.00 Net Margins-12.58% Return on Equity2.66% Return on Assets1.22%Miscellaneous Employees1,043 Outstanding Shares49,619,000Market Cap$579.05 million Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $11.67 -0.34 (-2.83 %) (As of 09/30/2020 04:41 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive VECO News and Ratings via Email Sign-up to receive the latest news and ratings for VECO and its competitors with MarketBeat's FREE daily newsletter. Veeco Instruments (NASDAQ:VECO) Frequently Asked Questions How has Veeco Instruments' stock been impacted by Coronavirus (COVID-19)? Veeco Instruments' stock was trading at $11.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, VECO shares have increased by 0.1% and is now trading at $11.67. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Veeco Instruments? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Veeco Instruments. When is Veeco Instruments' next earnings date? Veeco Instruments is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for Veeco Instruments. How were Veeco Instruments' earnings last quarter? Veeco Instruments Inc. (NASDAQ:VECO) announced its quarterly earnings data on Monday, August, 3rd. The semiconductor company reported $0.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.07 by $0.04. The semiconductor company had revenue of $98.60 million for the quarter, compared to analyst estimates of $97.83 million. Veeco Instruments had a positive return on equity of 2.66% and a negative net margin of 12.58%. Veeco Instruments's revenue for the quarter was up .8% compared to the same quarter last year. During the same period last year, the firm earned ($0.06) earnings per share. View Veeco Instruments' earnings history. What guidance has Veeco Instruments issued on next quarter's earnings? Veeco Instruments updated its third quarter earnings guidance on Monday, August, 3rd. The company provided earnings per share (EPS) guidance of $0.10-0.26 for the period, compared to the Thomson Reuters consensus estimate of $0.16. The company issued revenue guidance of $100-120 million, compared to the consensus revenue estimate of $110.95 million. What price target have analysts set for VECO? 6 equities research analysts have issued 12-month price objectives for Veeco Instruments' stock. Their forecasts range from $15.00 to $20.00. On average, they anticipate Veeco Instruments' share price to reach $17.83 in the next twelve months. This suggests a possible upside of 52.8% from the stock's current price. View analysts' price targets for Veeco Instruments. Who are some of Veeco Instruments' key competitors? Some companies that are related to Veeco Instruments include Applied Materials (AMAT), Lam Research (LRCX), KLA (KLAC), Teradyne (TER), Entegris (ENTG), MKS Instruments (MKSI), Cabot Microelectronics (CCMP), Brooks Automation (BRKS), Amkor Technology (AMKR), Advanced Energy Industries (AEIS), FormFactor (FORM), Nanometrics (ONTO), Xperi (XPER), Ultra Clean (UCTT) and Axcelis Technologies (ACLS). View all competitors. 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 LP Unit (ET), Gilead Sciences (GILD), Intel (INTC), Advanced Micro Devices (AMD), FireEye (FEYE), AbbVie (ABBV), salesforce.com (CRM) and General Electric (GE). Who are Veeco Instruments' key executives? Veeco Instruments' management team includes the following people: Mr. John R. Peeler, Exec. Chairman (Age 64)Dr. William John Miller, CEO & Director (Age 51)Mr. Shubham Maheshwari, Exec. VP, CFO & COO (Age 47)Mr. John P. Kiernan, Sr. VP of Fin., Chief Accounting Officer & Treasurer (Age 57)Mr. Ajit Paranjpe, Chief Technology Officer (Age 56) What is Veeco Instruments' stock symbol? Veeco Instruments trades on the NASDAQ under the ticker symbol "VECO." How do I buy shares of Veeco Instruments? Shares of VECO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Veeco Instruments' stock price today? One share of VECO stock can currently be purchased for approximately $11.67. How big of a company is Veeco Instruments? Veeco Instruments has a market capitalization of $579.05 million and generates $419.35 million in revenue each year. The semiconductor company earns $-78,730,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis. Veeco Instruments employs 1,043 workers across the globe. What is Veeco Instruments' official website? The official website for Veeco Instruments is www.veeco.com. How can I contact Veeco Instruments? Veeco Instruments' mailing address is Terminal Drive, Plainview NY, 11803. The semiconductor company can be reached via phone at 516-677-0200 or via email at [email protected] This page was last updated on 9/30/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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