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DOW   32,717.60
QQQ   312.72
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Micron Technology Goes on Breakout Watch
NASDAQ:VECO

Veeco Instruments - VECO Stock Forecast, Price & News

$20.81
+0.34 (+1.66%)
(As of 03/29/2023 12:00 AM ET)
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Compare
Today's Range
$20.53
$20.91
50-Day Range
$19.37
$21.75
52-Week Range
$16.11
$29.54
Volume
232,726 shs
Average Volume
634,821 shs
Market Capitalization
$1.07 billion
P/E Ratio
7.74
Dividend Yield
N/A
Price Target
$21.50

Veeco Instruments MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
3.3% Upside
$21.50 Price Target
Short Interest
Bearish
9.81% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.20mentions of Veeco Instruments in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
30.68%
From $0.88 to $1.15 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.49 out of 5 stars

Computer And Technology Sector

573rd out of 615 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

13th out of 14 stocks


VECO stock logo

About Veeco Instruments (NASDAQ:VECO) Stock

Veeco Instruments, Inc. engages in the development, manufacture, sale and support of semiconductor process equipment. Its technologies consists of metal organic chemical vapor deposition, advanced packaging lithography, wet etch and clean, laser annealing, ion beam, molecular beam epitaxy, wafer inspection, and atomic layer deposition systems. The company was founded in 1989 and is headquartered in Plainview, NY.

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VECO Stock News Headlines

Veeco Releases New Sustainability Report
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Veeco Instruments Q4 Profit Increases, beats estimates
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Veeco Instruments (VECO) Surpasses Q4 Earnings Estimates
Veeco buys Sweden's Epiluvac for $30M
CORRECTION -- Veeco Announces Upcoming Investor Event
Veeco Instruments Q3 Profit Increases, beats estimates
Veeco Reports Third Quarter 2022 Financial Results
See More Headlines
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VECO Company Calendar

Last Earnings
11/02/2021
Today
3/29/2023
Next Earnings (Estimated)
5/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:VECO
CUSIP
92241710
Employees
1,221
Year Founded
1945

Price Target and Rating

Average Stock Price Forecast
$21.50
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+3.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$166.94 million
Pretax Margin
7.89%

Debt

Sales & Book Value

Annual Sales
$646.14 million
Cash Flow
$1.80 per share
Book Value
$11.24 per share

Miscellaneous

Free Float
50,338,000
Market Cap
$1.07 billion
Optionable
Optionable
Beta
1.29

Social Links


Key Executives

  • Bill Miller
    Chief Executive Officer & Director
  • Harris Mark
    Senior Vice President-Global Operations
  • John P. Kiernan
    Chief Financial Officer & Senior Vice President
  • Ajit Paranjpe
    Chief Technology Officer
  • Kirk W. Mackey
    Secretary, Vice President & General Counsel













VECO Stock - Frequently Asked Questions

Should I buy or sell Veeco Instruments stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" VECO shares.
View VECO analyst ratings
or view top-rated stocks.

What is Veeco Instruments' stock price forecast for 2023?

4 brokers have issued 1 year price objectives for Veeco Instruments' shares. Their VECO share price forecasts range from $18.00 to $25.00. On average, they expect the company's share price to reach $21.50 in the next twelve months. This suggests a possible upside of 3.3% 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 at the beginning of the year. Since then, VECO stock has increased by 12.0% and is now trading at $20.81.
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, May 8th 2023.
View our VECO earnings forecast
.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) posted its earnings results on Tuesday, November, 2nd. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.12. The semiconductor company had revenue of $150.25 million for the quarter, compared to analyst estimates of $146.63 million. Veeco Instruments had a trailing twelve-month return on equity of 14.98% and a net margin of 25.84%. During the same quarter last year, the firm posted $0.16 EPS.

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

Veeco Instruments issued an update on its first quarter earnings guidance on Wednesday, February, 15th. The company provided earnings per share (EPS) guidance of $0.12-$0.28 for the period, compared to the consensus estimate of $0.27. The company issued revenue guidance of $130-$150 million, compared to the consensus revenue estimate of $158.99 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 retail and institutional investors. Top institutional investors include Neuberger Berman Group LLC (6.26%), Paradigm Capital Management Inc. NY (4.14%), Dimensional Fund Advisors LP (3.87%), The Manufacturers Life Insurance Company (2.53%), Neumeier Poma Investment Counsel LLC (2.53%) and Millennium Management LLC (2.17%). Insiders that own company stock include Dennis Thomas St, John P Kiernan, 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 $20.81.

How much money does Veeco Instruments make?

Veeco Instruments (NASDAQ:VECO) has a market capitalization of $1.07 billion and generates $646.14 million in revenue each year. The semiconductor company earns $166.94 million in net income (profit) each year or $2.69 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..
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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.

This page (NASDAQ:VECO) was last updated on 3/30/2023 by MarketBeat.com Staff