Veeco Instruments Company Profile (NASDAQ:VECO)

About Veeco Instruments

Veeco Instruments logoVeeco Instruments Inc. designs, manufactures, markets and supports thin film equipment. The Company's equipment is used to make electronic devices, including light emitting diodes (LED), micro-electromechanical systems (MEMS), wireless devices, power electronics, hard disk drives (HDDs) and semiconductors. The Company operates in four geographic regions: United States; China; Europe, the Middle East and Africa, and the Rest of World. The Company is a supplier of metal organic chemical vapor deposition (MOCVD) systems. The Company's Precision Surface Processing's platforms include WaferEtch and the WaferStorm. The Company's NEXUS Ion Beam Deposition (IBD) systems utilize ion beam technology to deposit precise layers of thin films. The Company makes an array of deposition systems, including Physical Vapor Deposition, Diamond Like Carbon Deposition and Chemical Vapor Deposition Systems.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor Equipment & Materials
  • Sub-Industry: Semiconductor Equipment
  • Exchange: NASDAQ
  • Symbol: VECO
  • CUSIP: 92241710
Key Metrics:
  • Previous Close: $28.40
  • 50 Day Moving Average: $26.99
  • 200 Day Moving Average: $24.18
  • 52-Week Range: $15.53 - $30.45
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 28.25
  • P/E Growth: 0.25
  • Market Cap: $1.11B
  • Outstanding Shares: 39,266,000
  • Beta: 0.37
Profitability:
  • Net Margins: -36.77%
  • Return on Equity: -4.59%
  • Return on Assets: -3.67%
Debt:
  • Current Ratio: 3.44%
  • Quick Ratio: 2.85%
Additional Links:
Companies Related to Veeco Instruments:

Analyst Ratings

Consensus Ratings for Veeco Instruments (NASDAQ:VECO) (?)
Ratings Breakdown: 3 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $29.69 (5.09% upside)

Analysts' Ratings History for Veeco Instruments (NASDAQ:VECO)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017Needham & Company LLCReiterated RatingBuy$30.00View Rating Details
2/17/2017Benchmark Co.Reiterated RatingBuy$32.50View Rating Details
2/10/2017Bank of America CorpUpgradeNeutral -> Buy$32.00View Rating Details
1/12/2017Deutsche Bank AGReiterated RatingBuy$28.00 -> $32.00View Rating Details
1/12/2017Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$24.00View Rating Details
11/16/2016Pacific CrestReiterated RatingBuyView Rating Details
5/24/2016J P Morgan Chase & CoReiterated RatingHoldView Rating Details
4/4/2016Berenberg BankSet Price TargetBuy$41.00View Rating Details
4/4/2016Summit ResearchUpgradeSell -> Hold$12.00 -> $23.00View Rating Details
2/23/2016Piper Jaffray CompaniesReiterated RatingHold$22.00 -> $20.00View Rating Details
2/23/2016Canaccord GenuityReiterated RatingHold$18.00 -> $14.00View Rating Details
10/29/2015Stifel NicolausLower Price TargetBuy$40.00 -> $30.00View Rating Details
8/4/2015Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
5/7/2015Susquehanna Bancshares IncLower Price TargetPositive$40.00 -> $38.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Veeco Instruments (NASDAQ:VECO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017        
2/16/2017Q4 2016$0.07$0.09$93.41 million$93.60 millionViewN/AView Earnings Details
11/1/2016Q316($0.18)($0.05)$80.72 million$85.50 millionViewN/AView Earnings Details
8/1/2016Q216($0.20)($0.19)$76.30 million$75.30 millionViewN/AView Earnings Details
5/4/2016Q116($0.26)($0.15)$76.17 million$78.00 millionViewN/AView Earnings Details
2/22/2016Q415($0.02)$0.01$99.84 million$1.07 billionViewListenView Earnings Details
10/28/2015Q315$0.30$0.33$145.19 million$140.70 millionViewListenView Earnings Details
8/3/2015Q215$0.17$0.20$127.26 million$131.41 millionViewN/AView Earnings Details
5/6/2015Q115($0.11)($0.01)$96.90 million$98.30 millionViewN/AView Earnings Details
2/17/2015Q414$0.04$0.13$108.32 million$113.60 millionViewN/AView Earnings Details
10/29/2014Q314($0.12)($0.02)$96.60 million$93.30 millionViewN/AView Earnings Details
7/30/2014Q214($0.18)($0.16)$92.84 million$95.10 millionViewN/AView Earnings Details
5/5/2014Q114($0.16)($0.06)$89.38 million$90.84 millionViewListenView Earnings Details
2/19/2014Q413($0.33)($0.42)$69.81 million$73.20 millionViewListenView Earnings Details
11/11/2013Q313($0.03)($0.08)$94.04 million$99.30 millionViewListenView Earnings Details
10/22/2012$0.31$0.34ViewN/AView Earnings Details
7/26/2012$0.38$0.37ViewN/AView Earnings Details
4/30/2012$0.21$0.49ViewN/AView Earnings Details
2/6/2012$0.67$0.72ViewN/AView Earnings Details
10/24/2011$1.12$1.33ViewN/AView Earnings Details
7/28/2011$1.35$1.34ViewN/AView Earnings Details
4/26/2011$1.21$1.33ViewN/AView Earnings Details
2/7/2011$1.61$1.62ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Veeco Instruments (NASDAQ:VECO)
Current Year EPS Consensus Estimate: $0.75 EPS
Next Year EPS Consensus Estimate: $1.00 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161($0.36)($0.36)($0.36)
Q4 20161($0.31)($0.31)($0.31)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Veeco Instruments (NASDAQ:VECO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Veeco Instruments (NASDAQ:VECO)
Insider Ownership Percentage: 2.70%
Institutional Ownership Percentage: 95.13%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/15/2016Shubham MaheshwariCFOSell2,250$30.00$67,500.00View SEC Filing  
12/7/2015William John MillerEVPSell1,210$19.60$23,716.00View SEC Filing  
6/15/2015William John MillerEVPSell2,227$30.65$68,257.55View SEC Filing  
6/8/2015John R PeelerCEOSell44,418$30.87$1,371,183.66View SEC Filing  
12/12/2014Peter J SimoneDirectorSell5,000$36.86$184,300.00View SEC Filing  
12/11/2014William John MillerEVPSell47,702$37.03$1,766,405.06View SEC Filing  
4/3/2014John KiernanSVPSell1,000$44.00$44,000.00View SEC Filing  
4/3/2014John PeelerCEOSell5,334$44.35$236,562.90View SEC Filing  
2/21/2014David GlassCFOSell5,120$40.00$204,800.00View SEC Filing  
2/21/2014John KiernanSVPSell15,046$39.51$594,467.46View SEC Filing  
2/20/2014John PeelerCEOSell20,038$42.20$845,603.60View SEC Filing  
2/7/2014William John MillerEVPSell5,678$38.33$217,637.74View SEC Filing  
1/22/2014David GlassCFOSell58,334$37.52$2,188,691.68View SEC Filing  
1/9/2014David GlassCFOSell12,948$35.00$453,180.00View SEC Filing  
1/9/2014Peter CollingwoodSVPSell6,223$35.00$217,805.00View SEC Filing  
1/9/2014William John MillerEVPSell1,000$35.55$35,550.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Veeco Instruments (NASDAQ:VECO)
DateHeadline
biz.yahoo.com logoVEECO INSTRUMENTS INC Files SEC form 10-K, Annual Report (NASDAQ:VECO)
biz.yahoo.com - February 23 at 3:07 AM
capitalcube.com logoVeeco Instruments, Inc. breached its 50 day moving average in a Bullish Manner : VECO-US : February 22, 2017 (NASDAQ:VECO)
www.capitalcube.com - February 22 at 10:48 AM
capitalcube.com logoVeeco Instruments, Inc. :VECO-US: Earnings Analysis: Q4, 2016 By the Numbers : February 22, 2017 (NASDAQ:VECO)
www.capitalcube.com - February 22 at 10:48 AM
us.rd.yahoo.com logoVeeco and Ultratech Announce Early Termination of Hart-Scott-Rodino Waiting Period (NASDAQ:VECO)
us.rd.yahoo.com - February 21 at 4:23 PM
4-traders.com logoVEECO INSTRUMENTS INC. (NASDAQ:VECO) Files An 8-K Other Events (NASDAQ:VECO)
www.4-traders.com - February 20 at 8:19 AM
biz.yahoo.com logoQ4 2016 Veeco Instruments Inc Earnings Release - After Market Close (NASDAQ:VECO)
us.rd.yahoo.com - February 18 at 11:28 AM
us.rd.yahoo.com logoVeeco Reports Fourth Quarter and Fiscal Year 2016 Financial Results (NASDAQ:VECO)
us.rd.yahoo.com - February 18 at 11:28 AM
us.rd.yahoo.com logo4:10 pm Veeco Instruments beats by $0.02, reports revs in-line; guides Q1 EPS in-line, revs in-line (NASDAQ:VECO)
us.rd.yahoo.com - February 18 at 11:28 AM
biz.yahoo.com logoVEECO INSTRUMENTS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh (NASDAQ:VECO)
us.rd.yahoo.com - February 18 at 11:28 AM
News IconBrokers Change Their Target Price On Veeco Instruments Inc. (NASDAQ:VECO) (NASDAQ:VECO)
www.graffiotech.com - February 17 at 5:01 PM
News IconVeeco Instruments Inc. (VECO) Stock Rating Reaffirmed by Needham & Company LLC (NASDAQ:VECO)
techknowbits.com - February 17 at 5:01 PM
biz.yahoo.com logoVEECO INSTRUMENTS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:VECO)
biz.yahoo.com - February 17 at 5:01 PM
News IconVeeco Instruments posts lower revenue but narrows loss (NASDAQ:VECO)
oakridgeobserver.com - February 17 at 5:58 AM
News IconAn intrinsic value calculation for Veeco Instruments Inc (VECO) shows investors are overpaying (NASDAQ:VECO)
simplywall.st - February 17 at 5:58 AM
News IconVeeco Instruments (VECO) Releases Earnings Results, Beats Expectations By $0.02 EPS (NASDAQ:VECO)
prensariotiretail.com - February 17 at 5:58 AM
seekingalpha.com logoVeeco Instruments (VECO) Q4 2016 Results - Earnings Call Transcript (NASDAQ:VECO)
seekingalpha.com - February 17 at 5:58 AM
News IconVeeco Instruments Inc. (VECO) Set to Announce Earnings on Thursday (NASDAQ:VECO)
mundoaguaysaneamiento.net - February 17 at 5:58 AM
sg.finance.yahoo.com logoVeeco reports 4Q loss (NASDAQ:VECO)
sg.finance.yahoo.com - February 17 at 5:58 AM
finance.yahoo.com logoEdited Transcript of VECO earnings conference call or presentation 16-Feb-17 10:00pm GMT (NASDAQ:VECO)
finance.yahoo.com - February 17 at 5:58 AM
nasdaq.com logoVeeco Instruments To Buy Ultratech In $815 Mln Deal (NASDAQ:VECO)
www.nasdaq.com - February 4 at 6:07 AM
streetinsider.com logoVeeco Instruments (VECO) to Acquire Ultratech (UTEK) in $815 Cash and Stock Deal (NASDAQ:VECO)
www.streetinsider.com - February 4 at 6:07 AM
finance.yahoo.com logoVeeco Announces Date for Fourth Quarter and Year-End 2016 Financial Results and Conference Call (NASDAQ:VECO)
finance.yahoo.com - February 4 at 6:07 AM
feeds.benzinga.com logoWall Street's M&A Chatter From February 2 (NASDAQ:VECO)
feeds.benzinga.com - February 3 at 8:25 AM
seekingalpha.com logoVeeco Instruments acquiring Ultratech in $815M deal (NASDAQ:VECO)
seekingalpha.com - February 2 at 1:39 PM
4-traders.com logoUnited States: Personal spending better than estimates at 0.5% (NASDAQ:VECO)
www.4-traders.com - January 30 at 10:13 AM
marketexclusive.com logoVEECO INSTRUMENTS INC. (NASDAQ:VECO) Files An 8-K Regulation FD Disclosure (NASDAQ:VECO)
marketexclusive.com - January 30 at 10:13 AM
biz.yahoo.com logoVEECO INSTRUMENTS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial (NASDAQ:VECO)
biz.yahoo.com - January 19 at 7:05 AM
capitalcube.com logoETFs with exposure to Veeco Instruments, Inc. : January 17, 2017 (NASDAQ:VECO)
www.capitalcube.com - January 18 at 5:28 AM
News IconBenchmark Indicates Potential 17.12% Increase In Shares Of Veeco Instruments (NASDAQ:VECO)
vgtoday.net - January 15 at 7:56 PM
News IconAnalyst Issues Short Term Price Target on Veeco Instruments Inc. (NASDAQ:VECO) (NASDAQ:VECO)
perspectivabetica.com - January 15 at 7:56 PM
News IconThe Veeco Instruments Inc. (VECO) Releases Q4 Earnings Guidance (NASDAQ:VECO)
itapunta.com - January 15 at 7:56 PM
News IconVeeco Instruments Inc. (VECO) Rating Reiterated by Benchmark Co (NASDAQ:VECO)
larampadinapoli.com - January 15 at 7:56 PM
capitalcube.com logoVeeco Instruments, Inc. breached its 50 day moving average in a Bearish Manner : VECO-US : January 13, 2017 (NASDAQ:VECO)
www.capitalcube.com - January 14 at 6:52 AM
News IconVeeco Instruments Inc. (NASDAQ:VECO) Shares Downgraded From Buy To A Hold Rating (NASDAQ:VECO)
stockmarketdaily.co - January 12 at 7:23 AM
feeds.reuters.com logoBRIEF-Veeco Instruments files for potential mixed shelf offering - SEC filing (NASDAQ:VECO)
feeds.reuters.com - January 10 at 8:22 PM
seekingalpha.com logoVeeco Instruments launches $200M convertible debt offering (NASDAQ:VECO)
seekingalpha.com - January 10 at 6:56 PM
publicnow.com logoVeeco Sells Systems for New LED Production Facility in Malaysia (NASDAQ:VECO)
www.publicnow.com - December 21 at 5:11 AM
insidermonkey.com logoIs Veeco Instruments Inc. (VECO) A Good Stock To Buy? (NASDAQ:VECO)
www.insidermonkey.com - December 12 at 10:19 PM
finance.yahoo.com logoWhy Veeco Instruments (VECO) Could Be Positioned for a Surge? (NASDAQ:VECO)
finance.yahoo.com - December 1 at 1:00 AM
News IconVeeco Instruments Inc. (VECO) - Financial and Strategic SWOT Analysis Review - New Study Released (NASDAQ:VECO)
reports.pr-inside.com - November 27 at 10:02 AM
finance.yahoo.com logoVEECO INSTRUMENTS INC Financials (NASDAQ:VECO)
finance.yahoo.com - November 8 at 8:07 PM
marketwired.com logoVeeco Reports Third Quarter 2016 Financial Results (NASDAQ:VECO)
www.marketwired.com - November 2 at 8:43 PM
seekingalpha.com logoVeeco Instruments (VECO) Q3 2016 Results - Earnings Call Transcript (NASDAQ:VECO)
seekingalpha.com - November 2 at 8:43 PM
finance.yahoo.com logoEdited Transcript of VECO earnings conference call or presentation 1-Nov-16 9:00pm GMT (NASDAQ:VECO)
finance.yahoo.com - November 2 at 11:56 AM
sg.finance.yahoo.com logoVeeco reports 3Q loss (NASDAQ:VECO)
sg.finance.yahoo.com - November 1 at 8:21 PM
biz.yahoo.com logoQ3 2016 Veeco Instruments Inc Earnings Release - After Market Close (NASDAQ:VECO)
biz.yahoo.com - November 1 at 12:49 PM
finance.yahoo.com logoWhat's in the Cards for Ametek (AME) this Earnings Season? (NASDAQ:VECO)
finance.yahoo.com - October 28 at 12:10 PM
finance.yahoo.com logoZacks.com featured highlights: Ollie's Bargain Outlet Holdings, Canon, Veeco Instruments, Meta Financial Group and Tristate Capital Holdings (NASDAQ:VECO)
finance.yahoo.com - October 27 at 10:34 AM
publicnow.com logoLeading R/O/Y LED Manufacturer Adds MOCVD Capacity with Veeco TurboDisc K475i Technology (NASDAQ:VECO)
www.publicnow.com - October 19 at 7:34 PM
finance.yahoo.com logoVeeco Instruments (VECO): Strong Industry, Solid Earnings Estimate Revisions (NASDAQ:VECO)
finance.yahoo.com - October 13 at 11:58 AM

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What is Veeco Instruments' stock symbol?

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

Where is Veeco Instruments' stock going? Where will Veeco Instruments' stock price be in 2017?

9 brokers have issued 12-month price targets for Veeco Instruments' shares. Their predictions range from $23.00 to $41.00. On average, they expect Veeco Instruments' share price to reach $29.69 in the next year.

When will Veeco Instruments announce their earnings?

Veeco Instruments is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

What are analysts saying about Veeco Instruments stock?

Here are some recent quotes from research analysts about Veeco Instruments stock:

  • According to Zacks Investment Research, "VEECO INSTRUMENTS INC. (DE) designs, manufactures, markets and services a broad line of precision beam etching and surface measurement systems used in the manufacture of microelectronic products. It sells its products worldwide to many of the leading semiconductor and data storage manufacturers. In addition, it sells its products to companies in the flat panel display and high frequency device industries, as well as to other industries, research and development centers and universities. " (2/15/2017)

  • Needham & Company LLC analysts commented, "VECO's 4Q16 results were largely inline with updated guidance. While 1Q17 revenue guidance is below consensus estimates, we believe it is due to timing of MOCVD shipments, with a robust outlook for the year and large backlog supporting a strong 2H17. In addition to MOCVD, we are more positive on growth opportunities in other areas in VECO's diversified product portfolio. Coupled with the synergies coming from the UTEK [N/R] acquisition and UTEK's recent order announcement, we remain confident VECO can deliver or potentially surpass our pro forma NG EPS of $1.10 in 2017 and $1.88 in 2018. We would use any weakness on the softer near-term guidance as a buying opportunity. Reiterate our Buy and PT of $30." (2/13/2017)

Who owns Veeco Instruments stock?

Veeco Instruments' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.46%), Frontier Capital Management Co. LLC (5.15%), Renaissance Technologies LLC (3.30%), State Street Corp (2.15%), Skyline Asset Management LP (1.72%) and Baillie Gifford & Co. (1.36%). Company insiders that own Veeco Instruments stock include John R Peeler, Shubham Maheshwari and William John Miller.

Who sold Veeco Instruments stock? Who is selling Veeco Instruments stock?

Veeco Instruments' stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Skyline Asset Management LP, Trexquant Investment LP, Bayesian Capital Management LP, Metropolitan Life Insurance Co. NY, Allianz Asset Management AG, Teachers Retirement System of The State of Kentucky and Barrow Hanley Mewhinney & Strauss LLC.

Who bought Veeco Instruments stock? Who is buying Veeco Instruments stock?

Veeco Instruments' stock was bought by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Dimensional Fund Advisors LP, State Street Corp, Value Holdings Management CO. LLC, Russell Investments Group Ltd., Van ECK Associates Corp, A.R.T. Advisors LLC and First Republic Investment Management Inc..

How do I buy Veeco Instruments stock?

Shares of Veeco Instruments can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Veeco Instruments stock cost?

One share of Veeco Instruments stock can currently be purchased for approximately $28.25.

Veeco Instruments (NASDAQ:VECO) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Veeco Instruments (NASDAQ:VECO)

Earnings History Chart

Earnings by Quarter for Veeco Instruments (NASDAQ:VECO)

Dividend History Chart

Dividend Payments by Quarter for Veeco Instruments (NASDAQ:VECO)

Last Updated on 2/25/2017 by MarketBeat.com Staff