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NASDAQ:VECOVeeco Instruments Stock Price, Forecast & News

$13.73
+0.09 (+0.66 %)
(As of 08/14/2020 04:00 PM ET)
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Today's Range
$13.65
Now: $13.73
$13.88
50-Day Range
$12.55
MA: $13.36
$14.31
52-Week Range
$7.42
Now: $13.73
$19.21
Volume192,613 shs
Average Volume515,517 shs
Market Capitalization$681.27 million
P/E RatioN/A
Dividend YieldN/A
Beta1.32
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. It offers metal organic chemical vapor deposition systems; packaging lithography equipment; precision surface processing systems; laser annealing systems; ion beam deposition and etch systems; molecular beam epitaxy systems; 3D wafer inspection systems; and atomic layer deposition and other deposition systems. The company sells its process equipment systems for use in the production of a range of microelectronic components, including light emitting diodes, micro-electro mechanical systems, radio frequency filters and amplifiers, power electronics, thin film magnetic heads, and laser diodes; and 3D NAND, DRAM, logic, and other semiconductor devices, as well as for research centers and universities. Veeco Instruments Inc. was founded in 1989 and is headquartered in Plainview, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.68 out of 5 stars


Industry, Sector and Symbol

Industry Special industry machinery, not elsewhere classified
Sub-IndustrySemiconductor Equipment
Current SymbolNASDAQ:VECO
CUSIP92241710
Phone516-677-0200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$419.35 million
Cash Flow$0.37 per share
Book Value$7.66 per share

Profitability

Net Income$-78,730,000.00

Miscellaneous

Employees1,043
Market Cap$681.27 million
Next Earnings Date11/2/2020 (Estimated)
OptionableOptionable
$13.73
+0.09 (+0.66 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Veeco Instruments (NASDAQ:VECO) Frequently Asked Questions

How has Veeco Instruments' stock been impacted by Coronavirus (COVID-19)?

Veeco Instruments' stock was trading at $11.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VECO stock has increased by 17.8% and is now trading at $13.73.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Veeco Instruments?

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

When is Veeco Instruments' next earnings date?

Veeco Instruments is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Veeco Instruments
.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) released its quarterly earnings results on Monday, August, 3rd. The semiconductor company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.04. The semiconductor company earned $98.60 million during the quarter, compared to analyst estimates of $97.83 million. Veeco Instruments had a negative net margin of 12.58% and a positive return on equity of 2.66%. The business's revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.06) EPS.
View Veeco Instruments' earnings history
.

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

Veeco Instruments issued an update on its third quarter earnings guidance on Monday, August, 3rd. The company provided EPS guidance of $0.10-0.26 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.16. The company issued revenue guidance of $100-120 million, compared to the consensus revenue estimate of $110.95 million.

What price target have analysts set for VECO?

4 Wall Street analysts have issued 12 month price targets for Veeco Instruments' shares. Their forecasts range from $18.00 to $20.00. On average, they expect Veeco Instruments' share price to reach $19.00 in the next year. This suggests a possible upside of 38.4% from the stock's current price.
View analysts' price targets for Veeco Instruments
.

Has Veeco Instruments been receiving favorable news coverage?

Press coverage about VECO stock has trended neutral this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Veeco Instruments earned a news sentiment score of 0.0 on InfoTrie's scale. They also gave press coverage about the semiconductor company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.
View the latest news about Veeco Instruments
.

Are investors shorting Veeco Instruments?

Veeco Instruments saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,590,000 shares, an increase of 65.5% from the April 30th total of 960,600 shares. Based on an average daily trading volume, of 551,700 shares, the days-to-cover ratio is currently 2.9 days. Currently, 3.3% of the shares of the stock are short sold.
View Veeco Instruments' Short Interest
.

Who are some of Veeco Instruments' key competitors?

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), Energy Transfer LP Unit (ET), AT&T (T), FireEye (FEYE), Gilead Sciences (GILD), Advanced Micro Devices (AMD), salesforce.com (CRM), Ford Motor (F), Intel (INTC) and Pure Storage (PSTG).

Who are Veeco Instruments' key executives?

Veeco Instruments' management team includes the following people:
  • Mr. John R. Peeler, Exec. Chairman (Age 64)
  • Dr. William John Miller, CEO & Director (Age 51)
  • Mr. Shubham Maheshwari, Exec. VP, CFO & COO (Age 47)
  • Mr. John P. Kiernan, Sr. VP of Fin., Chief Accounting Officer & Treasurer (Age 57)
  • Mr. Ajit Paranjpe, Chief Technology Officer (Age 56)

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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.16%), Paradigm Capital Management Inc. NY (3.65%), Fisher Asset Management LLC (2.26%), River & Mercantile Asset Management LLP (1.20%), RK Capital Management LLC (0.93%) and Principal Financial Group Inc. (0.75%). Company insiders that own Veeco Instruments stock include Peter J Simone and Shubham Maheshwari.
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 Vanguard Group Inc., River & Mercantile Asset Management LLP, Fisher Asset Management LLC, Hosking Partners LLP, UBS Group AG, Texas Permanent School Fund, and Principal Financial Group Inc..
View insider buying and selling activity 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 Paradigm Capital Management Inc. NY, Assenagon Asset Management S.A., RK Capital Management LLC, Bank of Montreal Can, Spouting Rock Asset Management LLC, Cubist Systematic Strategies LLC, SG Americas Securities LLC, and Leap Investments LP.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Veeco Instruments' stock price today?

One share of VECO stock can currently be purchased for approximately $13.73.

How big of a company is Veeco Instruments?

Veeco Instruments has a market capitalization of $681.27 million and generates $419.35 million in revenue each year. The semiconductor company earns $-78,730,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis. Veeco Instruments employs 1,043 workers across the globe.

What is Veeco Instruments' official website?

The official website for Veeco Instruments is www.veeco.com.

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]

This page was last updated on 8/15/2020 by MarketBeat.com Staff

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