NASDAQ:VECO - Veeco Instruments Stock Price, News, & Analysis

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$11.05 -0.05 (-0.45 %)
(As of 09/21/2018 09:30 AM ET)
Previous Close$11.10
Today's Range$11.05 - $11.05
52-Week Range$10.00 - $22.35
Volume600 shs
Average Volume516,759 shs
Market Capitalization$529.39 million
P/E Ratio-552.50
Dividend YieldN/A
Beta0.51
Veeco Instruments logoVeeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor process equipment worldwide. It offers metal organic chemical vapor deposition systems; packaging lithography equipment; precision surface processing systems; laser annealing systems; ion beam etch and deposition systems; molecular beam epitaxy systems; 3D wafer inspection systems; and atomic layer deposition and other deposition systems. The company sells its products to light emitting diode, micro-electro mechanical system, outsourced semiconductor assembly and test, HDD, and semiconductor manufacturers, as well as research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Special industry machinery, not elsewhere classified
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
SymbolNASDAQ:VECO
CUSIP92241710
Phone516-677-0200

Debt

Debt-to-Equity Ratio0.47
Current Ratio2.94
Quick Ratio2.20

Price-To-Earnings

Trailing P/E Ratio-552.50
Forward P/E Ratio58.16
P/E GrowthN/A

Sales & Book Value

Annual Sales$484.76 million
Price / Sales1.11
Cash Flow$1.0366 per share
Price / Cash10.66
Book Value$17.41 per share
Price / Book0.63

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$-44,790,000.00
Net Margins-47.49%
Return on Equity1.26%
Return on Assets0.75%

Miscellaneous

Employees1,014
Outstanding Shares48,790,000
Market Cap$529.39 million

Veeco Instruments (NASDAQ:VECO) Frequently Asked Questions

What is Veeco Instruments' stock symbol?

Veeco Instruments trades on the NASDAQ under the ticker symbol "VECO."

How will Veeco Instruments' stock buyback program work?

Veeco Instruments announced that its Board of Directors has initiated a share repurchase program on Wednesday, December 13th 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) issued its earnings results on Thursday, August, 2nd. The semiconductor company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.02. The semiconductor company had revenue of $157.78 million for the quarter, compared to analyst estimates of $160.35 million. Veeco Instruments had a positive return on equity of 1.26% and a negative net margin of 47.49%. Veeco Instruments's quarterly revenue was up 40.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.15 earnings per share. View Veeco Instruments' Earnings History.

When is Veeco Instruments' next earnings date?

Veeco Instruments is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Veeco Instruments.

What guidance has Veeco Instruments issued on next quarter's earnings?

Veeco Instruments updated its third quarter earnings guidance on Thursday, August, 2nd. The company provided EPS guidance of $0.03-0.13 for the period, compared to the Thomson Reuters consensus estimate of $0.21. The company issued revenue guidance of $130-140 million, compared to the consensus revenue estimate of $160.33 million.

What price target have analysts set for VECO?

4 equities research analysts have issued 12 month target prices for Veeco Instruments' shares. Their predictions range from $22.00 to $38.00. On average, they anticipate Veeco Instruments' share price to reach $30.00 in the next year. This suggests a possible upside of 171.5% from the stock's current price. View Analyst Price Targets for Veeco Instruments.

What is the consensus analysts' recommendation for Veeco Instruments?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veeco Instruments.

Who are some of Veeco Instruments' key competitors?

Who are Veeco Instruments' key executives?

Veeco Instruments' management team includes the folowing people:
  • Mr. John R. Peeler, Chairman & CEO (Age 63)
  • Dr. William J. Miller, Pres (Age 50)
  • Mr. Shubham Maheshwari, Exec. VP & CFO (Age 46)
  • Mr. John P. Kiernan, Sr. VP of Fin., Chief Accounting Officer & Treasurer (Age 56)
  • Todd Campbell, VP of Global Operations

Has Veeco Instruments been receiving favorable news coverage?

Media stories about VECO stock have trended somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Veeco Instruments earned a coverage optimism score of 0.18 on Accern's scale. They also assigned news articles about the semiconductor company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Veeco Instruments.

Who are Veeco Instruments' major shareholders?

Veeco Instruments' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.80%), Frontier Capital Management Co. LLC (4.54%), River & Mercantile Asset Management LLP (4.18%), Fisher Asset Management LLC (2.91%), Eagle Asset Management Inc. (2.81%) and Baillie Gifford & Co. (2.65%). Company insiders that own Veeco Instruments stock include John P Kiernan, John R Peeler, Peter J Simone, Shubham Maheshwari and William John Miller. View Institutional Ownership Trends for Veeco Instruments.

Which major investors are selling Veeco Instruments stock?

VECO stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Carillon Tower Advisers Inc., Frontier Capital Management Co. LLC, Schwab Charles Investment Management Inc., Renaissance Technologies LLC, California Public Employees Retirement System, Peregrine Capital Management LLC and Aperio Group LLC. View Insider Buying and Selling for Veeco Instruments.

Which major investors are buying Veeco Instruments stock?

VECO stock was acquired by a variety of institutional investors in the last quarter, including River & Mercantile Asset Management LLP, Dimensional Fund Advisors LP, Millennium Management LLC, Royce & Associates LP, Baillie Gifford & Co., Engineers Gate Manager LP, Westpac Banking Corp and Northern Trust Corp. Company insiders that have bought Veeco Instruments stock in the last two years include John P Kiernan, John R Peeler, Shubham Maheshwari and William John Miller. View Insider Buying and Selling for Veeco Instruments.

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, Scottrade, Fidelity and Charles Schwab.

What is Veeco Instruments' stock price today?

One share of VECO stock can currently be purchased for approximately $11.05.

How big of a company is Veeco Instruments?

Veeco Instruments has a market capitalization of $529.39 million and generates $484.76 million in revenue each year. The semiconductor company earns $-44,790,000.00 in net income (profit) each year or ($0.02) on an earnings per share basis. Veeco Instruments employs 1,014 workers across the globe.

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]


MarketBeat Community Rating for Veeco Instruments (NASDAQ VECO)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  318 (Vote Outperform)
Underperform Votes:  527 (Vote Underperform)
Total Votes:  845
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.
This page was last updated on 9/21/2018 by MarketBeat.com Staff

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