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

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

Veeco Instruments Inc. (NASDAQ:VECO) announced its earnings results on Monday, November, 4th. The semiconductor company reported $0.05 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.01) by $0.06. The semiconductor company earned $108.95 million during the quarter, compared to the consensus estimate of $104.37 million. Veeco Instruments had a negative net margin of 47.03% and a negative return on equity of 6.97%. The company's revenue was down 14.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.11 earnings per share. View Veeco Instruments' Earnings History.

Veeco Instruments is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Veeco Instruments.

Veeco Instruments will be holding an earnings conference call on Thursday, February 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Veeco Instruments issued an update on its fourth quarter earnings guidance on Monday, November, 4th. The company provided earnings per share (EPS) guidance of $(0.03)-0.18 for the period, compared to the Thomson Reuters consensus estimate of $0.06. The company issued revenue guidance of $100-120 million, compared to the consensus revenue estimate of $110.99 million.

3 equities research analysts have issued twelve-month target prices for Veeco Instruments' stock. Their forecasts range from $12.00 to $19.00. On average, they anticipate Veeco Instruments' share price to reach $16.33 in the next year. This suggests a possible upside of 19.3% from the stock's current price. View Analyst Price Targets for Veeco Instruments.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veeco Instruments.

News stories about VECO stock have been trending very positive recently, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Veeco Instruments earned a media sentiment score of 3.3 on InfoTrie's scale. They also assigned news headlines about the semiconductor company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the next few days. View News Stories for Veeco Instruments.

Veeco Instruments saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,410,000 shares, an increase of 14.6% from the December 31st total of 1,230,000 shares. Based on an average daily trading volume, of 250,200 shares, the days-to-cover ratio is currently 5.6 days. Currently, 3.0% of the company's shares are short sold. View Veeco Instruments' Current Options Chain.

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), Amkor Technology (AMKR), Brooks Automation (BRKS), Advanced Energy Industries (AEIS), FormFactor (FORM), Cohu (COHU), Ultra Clean (UCTT), Photronics (PLAB) and Rudolph Technologies (RTEC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Veeco Instruments investors own include NVIDIA (NVDA), Energy Transfer LP Unit (ET), FireEye (FEYE), AT&T (T), Advanced Micro Devices (AMD), Cypress Semiconductor (CY), Intel (INTC), Ultra Clean (UCTT), Centurylink (CTL) and Ford Motor (F).

Veeco Instruments' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.67%), Calamos Advisors LLC (0.32%), Arizona State Retirement System (0.07%), Alpha Windward LLC (0.06%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Veeco Instruments stock include John R Peeler, Peter J Simone, Shubham Maheshwari and William John Miller. View Institutional Ownership Trends for Veeco Instruments.

VECO stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Arizona State Retirement System and Louisiana State Employees Retirement System. View Insider Buying and Selling for Veeco Instruments.

VECO stock was acquired by a variety of institutional investors in the last quarter, including Calamos Advisors LLC and Alpha Windward LLC. Company insiders that have bought Veeco Instruments stock in the last two years include John R Peeler, Shubham Maheshwari and William John Miller. View Insider Buying and Selling for 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.

One share of VECO stock can currently be purchased for approximately $13.69.

Veeco Instruments has a market capitalization of $669.44 million and generates $542.08 million in revenue each year. The semiconductor company earns $-407,090,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. Veeco Instruments employs 1,043 workers across the globe.View Additional Information About Veeco Instruments.

The official website for Veeco Instruments is http://www.veeco.com/.

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]