About Veeco Instruments (NASDAQ:VECO)
Veeco Instruments Inc. is engaged in the design, development, manufacture and support of thin film process equipment, primarily sold to make electronic devices. The Company's geographical segments include the United States; China; Europe, Middle East and Africa (EMEA), and Rest of World (ROW). The Company's portfolio of technology solutions focus on market areas, including Lighting, Display & Power Electronics; Advanced Packaging, micro-electromechanical systems (MEMS) & radio frequency (RF); Scientific & Industrial, and Data Storage. The Company's equipment is used to make electronic devices, including light emitting diodes (LEDs), MEMS, wireless devices, power electronics, hard disk drives (HDDs) and semiconductor devices. The Company's System products include Metal Organic Chemical Vapor Deposition Systems, Precision Surface Processing Systems, Ion Beam Etch and Deposition Systems, Molecular Beam Epitaxy Systems, and Other Deposition and Industrial Products.
Industry, Sector and Symbol
Industry MISC TECHNOLOGY
SectorComputer and Technology
Trailing P/E Ratio-18.5351663114514
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$484.76 million
Price / Sales1.79
Cash Flow$0.96 per share
Price / Cash18.73
Book Value$17.41 per share
Price / Book1.03
Return on Equity-0.12%
Return on Assets-0.07%
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 declared that its Board of Directors has initiated a stock 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 purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued.
How were Veeco Instruments' earnings last quarter?
Veeco Instruments Inc. (NASDAQ:VECO) issued its quarterly earnings results on Monday, February, 12th. The semiconductor company reported $0.19 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.09 by $0.10. The semiconductor company had revenue of $143.40 million for the quarter, compared to analyst estimates of $143.85 million. Veeco Instruments had a negative return on equity of 0.12% and a negative net margin of 9.24%. The company's revenue was up 53.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.09 EPS. View Veeco Instruments' Earnings History.
When will Veeco Instruments make its next earnings announcement?
What guidance has Veeco Instruments issued on next quarter's earnings?
Veeco Instruments issued an update on its first quarter earnings guidance on Monday, February, 12th. The company provided earnings per share (EPS) guidance of ($0.04) to $0.14 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.01. The company issued revenue guidance of $140-$165 million, compared to the consensus revenue estimate of $157.66 million.
Where is Veeco Instruments' stock going? Where will Veeco Instruments' stock price be in 2018?
6 analysts have issued 12 month target prices for Veeco Instruments' shares. Their predictions range from $21.00 to $39.00. On average, they expect Veeco Instruments' share price to reach $28.67 in the next twelve months. View Analyst Ratings for Veeco Instruments.
Who are some of Veeco Instruments' key competitors?
Some companies that are related to Veeco Instruments include Oclaro (OCLR), Badger Meter (BMI), Rudolph Technologies (RTEC), MTS Systems (MTSC), Axcelis Technologies (ACLS), Ultra Clean (UCTT), Thermon Group (THR), Cutera (CUTR), Nanometrics (NANO), ChipMOS TECHNOLOGIES (IMOS), Electro Scientific Industries (ESIO), Cohu (COHU), Photronics (PLAB), Allied Motion Technologies (AMOT), Harvard Bioscience (HBIO), EMCORE (EMKR), CyberOptics (CYBE) and Intevac (IVAC).
Who are Veeco Instruments' key executives?
Veeco Instruments' management team includes the folowing people:
- John R. Peeler, Chairman of the Board, Chief Executive Officer (Age 62)
- William J. Miller Ph.D., President (Age 48)
- Shubham Maheshwari, Chief Financial Officer, Executive Vice President - Finance (Age 45)
- John P. Kiernan, Senior Vice President - Finance, Chief Accounting Officer, Treasurer, Corporate Controller (Age 54)
- Shanye K. Hudson, Vice President, IR Contact Officer
- Kathleen A. Bayless CPA., , Independent Director (Age 60)
- Richard A. D'Amore, Lead Independent Director (Age 63)
- Gordon B. Hunter, Independent Director (Age 65)
- Keith D. Jackson, Independent Director (Age 61)
- Peter J. Simone, Independent Director (Age 69)
Has Veeco Instruments been receiving favorable news coverage?
Media headlines about VECO stock have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Veeco Instruments earned a coverage optimism score of 0.06 on Accern's scale. They also gave headlines about the semiconductor company an impact score of 44.85 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Veeco Instruments' major shareholders?
Veeco Instruments' stock is owned by many different of retail and institutional investors. Top institutional investors include Frontier Capital Management Co. LLC (5.41%), Eagle Asset Management Inc. (4.81%),
EAGLE ASSET MANAGEMENT INC
(4.80%), OppenheimerFunds Inc. (4.18%), Carillon Tower Advisers Inc. (3.38%) and Fisher Asset Management LLC (3.00%). 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 institutional investors are selling Veeco Instruments stock?
VECO stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Royce & Associates LP, Barrow Hanley Mewhinney & Strauss LLC, KBC Group NV, Eagle Asset Management Inc., Peregrine Capital Management LLC, LPL Financial LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold Veeco Instruments company stock in the last year include John P Kiernan, Peter J Simone and William John Miller. View Insider Buying and Selling for Veeco Instruments.
Which institutional investors are buying Veeco Instruments stock?
VECO stock was acquired by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Carillon Tower Advisers Inc., GCA Investment Management LLC, Two Sigma Investments LP, California Public Employees Retirement System, River & Mercantile Asset Management LLP, Two Sigma Advisers LP and WINTON GROUP Ltd. 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 $18.00.
How big of a company is Veeco Instruments?
Veeco Instruments has a market capitalization of $916.80 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 ($0.99) 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 (VECO)MarketBeat's community ratings are surveys of what our community members think about Veeco Instruments and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Veeco Instruments (NASDAQ:VECO) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.67||2.67||2.63||2.78|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$28.67||$28.67||$28.50||$31.13|
|Price Target Upside: ||59.26% upside||75.87% upside||74.85% upside||60.03% upside|
Veeco Instruments (NASDAQ:VECO) Consensus Price Target History
Veeco Instruments (NASDAQ:VECO) Analyst Ratings History
(Data available from 3/23/2016 forward)
Veeco Instruments (NASDAQ:VECO) Earnings History and Estimates Chart
Veeco Instruments (NASDAQ VECO) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/12/2018||Q4 2017||$0.09||$0.19||$143.85 million||$143.40 million||View||Listen|
|11/2/2017||Q3 2017||($0.07)||$0.09||$134.97 million||$131.87 million||View||N/A|
|8/3/2017||Q2 2017||($0.10)||($0.07)||$110.87 million||$115.07 million||View||Listen|
|5/4/2017||Q1 2017||($0.01)||($0.01)||$94.50 million||$94.39 million||View||Listen|
|2/16/2017||Q4 2016||$0.07||$0.09||$93.41 million||$93.60 million||View||N/A|
|11/1/2016||Q316||($0.18)||($0.05)||$80.72 million||$85.50 million||View||N/A|
|8/1/2016||Q216||($0.20)||($0.19)||$76.30 million||$75.30 million||View||N/A|
|5/4/2016||Q116||($0.26)||($0.15)||$76.17 million||$78.00 million||View||N/A|
|2/22/2016||Q415||($0.02)||$0.01||$99.84 million||$1.07 billion||View||Listen|
|10/28/2015||Q315||$0.30||$0.33||$145.19 million||$140.70 million||View||Listen|
|8/3/2015||Q215||$0.17||$0.20||$127.26 million||$131.41 million||View||N/A|
|5/6/2015||Q115||($0.11)||($0.01)||$96.90 million||$98.30 million||View||N/A|
|2/17/2015||Q414||$0.04||$0.13||$108.32 million||$113.60 million||View||N/A|
|10/29/2014||Q314||($0.12)||($0.02)||$96.60 million||$93.30 million||View||N/A|
|7/30/2014||Q214||($0.18)||($0.16)||$92.84 million||$95.10 million||View||N/A|
|5/5/2014||Q114||($0.16)||($0.06)||$89.38 million||$90.84 million||View||Listen|
|2/19/2014||Q413||($0.33)||($0.42)||$69.81 million||$73.20 million||View||Listen|
|11/11/2013||Q313||($0.03)||($0.08)||$94.04 million||$99.30 million||View||Listen|
Veeco Instruments (NASDAQ:VECO) Earnings Estimates
Current Year EPS Consensus Estimate: $0.3 EPS
Dividend History for Veeco Instruments (NASDAQ:VECO)
No dividend announcements for this company have been tracked by MarketBeat.com
Veeco Instruments (NASDAQ VECO) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 99.79%
Veeco Instruments (NASDAQ VECO) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/13/2017||John P Kiernan||SVP||Buy||5,000||$13.65||$68,250.00|| |
|12/13/2017||John R Peeler||CEO||Buy||36,200||$13.81||$499,922.00|| |
|12/13/2017||Shubham Maheshwari||CFO||Buy||7,500||$13.74||$103,050.00|| |
|12/13/2017||William John Miller||President||Buy||15,000||$13.75||$206,250.00|| |
|5/30/2017||Peter J Simone||Director||Sell||4,257||$31.91||$135,840.87||24,332|| |
|5/19/2017||William John Miller||President||Sell||8,481||$31.51||$267,236.31||69,792|| |
|5/8/2017||John P Kiernan||SVP||Sell||8,836||$32.44||$286,639.84||23,211|| |
|12/15/2016||Shubham Maheshwari||CFO||Sell||2,250||$30.00||$67,500.00||36,300|| |
|12/7/2015||William John Miller||EVP||Sell||1,210||$19.60||$23,716.00||53,908|| |
|6/15/2015||William John Miller||EVP||Sell||2,227||$30.65||$68,257.55|| |
|6/8/2015||John R Peeler||CEO||Sell||44,418||$30.87||$1,371,183.66|| |
|12/12/2014||Peter J Simone||Director||Sell||5,000||$36.86||$184,300.00|| |
|12/11/2014||William John Miller||EVP||Sell||47,702||$37.03||$1,766,405.06|| |
|4/3/2014||John Kiernan||SVP||Sell||1,000||$44.00||$44,000.00||28,352|| |
|4/3/2014||John Peeler||CEO||Sell||5,334||$44.35||$236,562.90||172,309|| |
|2/21/2014||David Glass||CFO||Sell||5,120||$40.00||$204,800.00||4,534|| |
|2/21/2014||John Kiernan||SVP||Sell||15,046||$39.51||$594,467.46||31,352|| |
|2/20/2014||John Peeler||CEO||Sell||20,038||$42.20||$845,603.60||172,309|| |
|2/7/2014||William John Miller||EVP||Sell||5,678||$38.33||$217,637.74||59,984|| |
|1/22/2014||David Glass||CFO||Sell||58,334||$37.52||$2,188,691.68||9,654|| |
|1/9/2014||David Glass||CFO||Sell||12,948||$35.00||$453,180.00||12,868|| |
|1/9/2014||Peter Collingwood||SVP||Sell||6,223||$35.00||$217,805.00||5,417|| |
|1/9/2014||William John Miller||EVP||Sell||1,000||$35.55||$35,550.00||62,328|| |
Veeco Instruments (NASDAQ VECO) News Headlines
|Veeco Instruments Inc. (VECO) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - March 21 at 5:18 PM
|Zacks: Brokerages Anticipate Veeco Instruments Inc. (VECO) Will Announce Quarterly Sales of $151.53 Million|
www.americanbankingnews.com - March 17 at 4:22 AM
|Veeco Instruments (VECO) Upgraded to C at TheStreet|
www.americanbankingnews.com - March 14 at 2:37 PM
|3 Takeaways From Veeco Instruments' Earnings Report|
www.msn.com - March 5 at 10:49 AM
|3 Takeaways From Veeco Instruments' Earnings Report|
finance.yahoo.com - March 5 at 10:49 AM
|Veeco Instruments Inc. (VECO) Shares Sold by Royce & Associates LP|
www.americanbankingnews.com - March 3 at 9:12 AM
|Veeco Instruments Inc. (VECO) Position Raised by OppenheimerFunds Inc.|
www.americanbankingnews.com - March 2 at 11:49 AM
|Carillon Tower Advisers Inc. Takes Position in Veeco Instruments Inc. (VECO)|
www.americanbankingnews.com - February 28 at 5:32 AM
|$151.53 Million in Sales Expected for Veeco Instruments Inc. (VECO) This Quarter|
www.americanbankingnews.com - February 28 at 1:44 AM
|Veeco Instruments Inc. (VECO) Expected to Announce Earnings of $0.05 Per Share|
www.americanbankingnews.com - February 26 at 11:14 PM
|Veeco Instruments Inc. (VECO) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - February 24 at 7:54 PM
|Veeco Instruments Inc (VECO) Files 10-K for the Fiscal Year Ended on December 31, 2017|
finance.yahoo.com - February 22 at 10:37 AM
|Veeco Instruments (VECO) Raised to Hold at Zacks Investment Research|
www.americanbankingnews.com - February 20 at 3:03 PM
|Traders Purchase Large Volume of Call Options on Veeco Instruments (VECO)|
www.americanbankingnews.com - February 14 at 5:50 PM
|Veeco Instruments (VECO) and Intersil (ISIL) Critical Contrast|
www.americanbankingnews.com - February 14 at 11:26 AM
|Why Veeco Instruments Inc. Stock Jumped on Tuesday|
www.fool.com - February 13 at 2:22 PM
|Veeco Reports Fourth Quarter and Fiscal Year 2017 Financial Results|
finance.yahoo.com - February 13 at 5:36 AM
|Veeco Instruments (VECO) Updates Q1 Earnings Guidance|
www.americanbankingnews.com - February 12 at 5:34 PM
|Veeco Instruments (VECO) Issues Earnings Results|
www.americanbankingnews.com - February 12 at 5:20 PM
|$143.80 Million in Sales Expected for Veeco Instruments Inc. (VECO) This Quarter|
www.americanbankingnews.com - February 12 at 6:38 AM
|Veeco Instruments (VECO) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - February 10 at 3:00 PM
| Analysts Anticipate Veeco Instruments Inc. (VECO) Will Post Earnings of $0.09 Per Share|
www.americanbankingnews.com - February 10 at 7:24 AM
|Veeco, AMEC, and SGL Settle Patent Litigation|
feeds.benzinga.com - February 8 at 9:42 AM
|Veeco Instruments (VECO) Scheduled to Post Earnings on Monday|
www.americanbankingnews.com - February 5 at 4:16 AM
|Veeco Instruments Inc. (VECO) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - January 30 at 7:30 PM
|Sino IP Office Rules in Favor of AMEC by Rendering Veeco Instruments' Susceptorless Reactor Patent Invalid|
www.prnewswire.com - January 26 at 9:32 AM
|Zacks: Brokerages Anticipate Veeco Instruments Inc. (VECO) Will Announce Quarterly Sales of $143.69 Million|
www.americanbankingnews.com - January 26 at 5:56 AM
| Analysts Anticipate Veeco Instruments Inc. (VECO) to Announce $0.09 EPS|
www.americanbankingnews.com - January 24 at 9:32 AM
|What's Happening With These Semiconductor Stocks? -- Entegris, Veeco Instruments, Universal Display, and Kulicke ... - PR Newswire (press release)|
www.prnewswire.com - January 12 at 10:30 AM
|$143.69 Million in Sales Expected for Veeco Instruments Inc. (VECO) This Quarter|
www.americanbankingnews.com - January 9 at 3:02 PM
|$0.09 EPS Expected for Veeco Instruments Inc. (VECO) This Quarter|
www.americanbankingnews.com - January 7 at 5:40 AM
|Veeco Instruments (VECO) Lowered to "Sell" at Zacks Investment Research|
www.americanbankingnews.com - January 6 at 10:20 AM
|Veeco Instruments Inc. (VECO) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - January 5 at 7:40 PM
|OmniVision Technologies (OVTI) and Veeco Instruments (VECO) Head to Head Survey|
www.americanbankingnews.com - January 5 at 5:34 PM
|Contrasting Veeco Instruments (VECO) and Pericom Semiconductor (PSEM)|
www.americanbankingnews.com - December 30 at 7:46 AM
|Veeco Instruments Inc. (VECO) Expected to Announce Quarterly Sales of $143.69 Million|
www.americanbankingnews.com - December 23 at 2:25 AM
|Zacks: Analysts Expect Veeco Instruments Inc. (VECO) to Announce $0.09 EPS|
www.americanbankingnews.com - December 21 at 9:24 PM
|Insider Buying: Veeco Instruments Inc. (VECO) SVP Buys 5,000 Shares of Stock|
www.americanbankingnews.com - December 20 at 6:28 PM
|Veeco Instruments Inc. (VECO) CFO Shubham Maheshwari Purchases 7,500 Shares|
www.americanbankingnews.com - December 20 at 6:06 PM
|William John Miller Purchases 15,000 Shares of Veeco Instruments Inc. (VECO) Stock|
www.americanbankingnews.com - December 20 at 6:04 PM
|John R. Peeler Purchases 36,200 Shares of Veeco Instruments Inc. (VECO) Stock|
www.americanbankingnews.com - December 20 at 5:38 PM
|Veeco Instruments Target of Unusually Large Options Trading (VECO)|
www.americanbankingnews.com - December 14 at 2:40 AM
|Share Buyback Program Initiated by Veeco Instruments (VECO) Board of Directors |
www.americanbankingnews.com - December 13 at 11:12 AM
|Veeco Instruments (VECO) in Focus: Stock Moves 6.4% Higher|
finance.yahoo.com - December 13 at 10:53 AM
|ETFs with exposure to Veeco Instruments, Inc. : December 12, 2017|
finance.yahoo.com - December 12 at 4:41 PM
|Veeco Instruments Inc. (VECO) Receives Average Rating of "Hold" from Analysts|
www.americanbankingnews.com - December 11 at 10:22 PM
|Veeco Authorizes $100 Million Share Repurchase Program|
finance.yahoo.com - December 11 at 4:35 PM
|AMEC Wins Injunction In Patent Infringement Dispute Involving Veeco Instruments (Shanghai) Co. Ltd.|
www.prnewswire.com - December 8 at 10:36 PM
|Veeco Instruments Inc. (VECO) PT Lowered to $22 at JPMorgan, Lowers Multiple To Reflect China Risk|
www.streetinsider.com - December 8 at 4:23 PM
|Why Veeco Instruments Inc. Stock Is Plummeting Today|
finance.yahoo.com - December 8 at 4:23 PM
Veeco Instruments (NASDAQ:VECO) SEC Filings
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Veeco Instruments (NASDAQ:VECO) Income Statement, Balance Sheet and Cash Flow Statement
Veeco Instruments (NASDAQ VECO) Stock Chart for Friday, March, 23, 2018