Veeco Instruments Company Profile (NASDAQ:VECO)

About Veeco Instruments (NASDAQ:VECO)

Veeco Instruments logoVeeco 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:
  • Sector: Computer and Technology
  • Industry: Semiconductors - NEC
  • Sub-Industry: Semiconductor Equipment
  • Symbol: NASDAQ:VECO
  • CUSIP: 92241710
  • Web:
  • Market Cap: $1.31 billion
  • Outstanding Shares: 40,578,000
Average Prices:
  • 50 Day Moving Avg: $29.90
  • 200 Day Moving Avg: $29.38
  • 52 Week Range: $16.37 - $34.38
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 15.81
  • P/E Growth: 0.21
Sales & Book Value:
  • Annual Revenue: $348.83 million
  • Price / Sales: 3.75
  • Book Value: $16.39 per share
  • Price / Book: 1.97
  • EBIDTA: ($4,480,000.00)
  • Net Margins: -30.27%
  • Return on Equity: -2.77%
  • Return on Assets: -2.04%
  • Debt-to-Equity Ratio: 0.40%
  • Current Ratio: 6.19%
  • Quick Ratio: 5.71%
  • Average Volume: 468,511 shs.
  • Beta: 0.62
  • Short Ratio: 5.94
Frequently Asked Questions for Veeco Instruments (NASDAQ:VECO)

What is Veeco Instruments' stock symbol?

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

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) announced its quarterly earnings data on Thursday, May, 4th. The company reported ($0.01) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.01). The firm had revenue of $94.39 million for the quarter, compared to analyst estimates of $94.50 million. Veeco Instruments had a negative net margin of 30.27% and a negative return on equity of 2.77%. The business's quarterly revenue was up 21.0% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.15) earnings per share. View Veeco Instruments' Earnings History.

When will Veeco Instruments make its next earnings announcement?

Veeco Instruments is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for Veeco Instruments.

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

Veeco Instruments updated its second quarter earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of ($0.05)-$0.09 for the period, compared to the Thomson Reuters consensus estimate of $0.13. The company issued revenue guidance of $85-100 million, compared to the consensus revenue estimate of $95.79 million.

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

8 analysts have issued 12 month price objectives for Veeco Instruments' stock. Their forecasts range from $24.00 to $39.00. On average, they expect Veeco Instruments' share price to reach $34.29 in the next twelve months. View Analyst Ratings for Veeco Instruments.

What are analysts saying about Veeco Instruments stock?

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

  • 1. 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. " (7/22/2017)
  • 2. 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)

Are investors shorting Veeco Instruments?

Veeco Instruments saw a decline in short interest in June. As of June 15th, there was short interest totalling 3,074,442 shares, a decline of 39.1% from the May 31st total of 5,051,892 shares. Based on an average daily trading volume, of 532,890 shares, the days-to-cover ratio is presently 5.8 days. Approximately 7.7% of the company's shares are sold short.

Who are some of Veeco Instruments' key competitors?

Who are Veeco Instruments' key executives?

Veeco Instruments' management team includes the folowing people:

  • John R. Peeler, Chairman of the Board, Chief Executive Officer
  • William J. Miller Ph.D., President
  • Shubham Maheshwari, Chief Financial Officer, Executive Vice President - Finance
  • John P. Kiernan, Senior Vice President - Finance, Chief Accounting Officer, Treasurer, Corporate Controller
  • Shanye K. Hudson, Vice President, IR Contact Officer
  • Kathleen A. Bayless CPA.,, Independent Director
  • Richard A. D'Amore, Lead Independent Director
  • Gordon B. Hunter, Independent Director
  • Keith D. Jackson, Independent Director
  • Peter J. Simone, Independent Director

Who owns Veeco Instruments stock?

Veeco Instruments' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (3.65%), Peregrine Capital Management LLC (1.03%), Pinnacle Advisory Group Inc. (0.69%), Value Holdings Management CO. LLC (0.12%), Louisiana State Employees Retirement System (0.05%) and Fox Run Management L.L.C. (0.03%). Company insiders that own Veeco Instruments stock include John P Kiernan, Peter J Simone, Shubham Maheshwari and William John Miller. View Institutional Ownership Trends for Veeco Instruments.

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 Fisher Asset Management LLC and Value Holdings Management CO. LLC. Company insiders that have sold Veeco Instruments stock in the last year include John P Kiernan, Peter J Simone, Shubham Maheshwari and William John Miller. View Insider Buying and Selling for Veeco Instruments.

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 Fox Run Management L.L.C., Prescott Group Capital Management L.L.C., Peregrine Capital Management LLC, Nisa Investment Advisors LLC, State of Alaska Department of Revenue, Louisiana State Employees Retirement System, Capstone Asset Management Co. and Bank of Montreal Can. View Insider Buying and Selling for Veeco Instruments.

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.

What is Veeco Instruments' stock price today?

One share of Veeco Instruments stock can currently be purchased for approximately $32.25.

MarketBeat Community Rating for Veeco Instruments (NASDAQ VECO)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  397 (Vote Underperform)
Total Votes:  622
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.

Analyst Ratings

Consensus Ratings for Veeco Instruments (NASDAQ:VECO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $34.29 (6.31% upside)

Analysts' Ratings History for Veeco Instruments (NASDAQ:VECO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/21/2017Stifel NicolausReiterated RatingBuy$36.00 -> $38.00LowView Rating Details
6/13/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$35.00 -> $39.00HighView Rating Details
4/24/2017Needham & Company LLCReiterated RatingBuy -> Buy$30.00 -> $36.00HighView Rating Details
4/21/2017Benchmark Co.Reiterated RatingBuy$39.00HighView Rating Details
2/10/2017Bank of America CorporationUpgradeNeutral -> Buy$32.00N/AView Rating Details
1/12/2017Deutsche Bank AGReiterated RatingBuy$28.00 -> $32.00N/AView Rating Details
1/12/2017Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral$24.00N/AView Rating Details
11/16/2016Pacific CrestReiterated RatingBuyN/AView Rating Details
4/4/2016Berenberg BankSet Price TargetBuy$41.00N/AView Rating Details
4/4/2016Summit ResearchUpgradeSell -> Hold$12.00 -> $23.00N/AView Rating Details
2/23/2016Piper Jaffray CompaniesReiterated RatingHold$22.00 -> $20.00N/AView Rating Details
2/23/2016Canaccord GenuityReiterated RatingHold$18.00 -> $14.00N/AView Rating Details
8/4/2015Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformN/AView Rating Details
(Data available from 7/22/2015 forward)


Earnings History for Veeco Instruments (NASDAQ:VECO)
Earnings by Quarter for Veeco Instruments (NASDAQ:VECO)
Earnings History by Quarter for Veeco Instruments (NASDAQ VECO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2017$0.05N/AView Earnings Details
5/4/2017Q1 2017($0.01)($0.01)$94.50 million$94.39 millionViewListenView Earnings Details
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)


Earnings Estimates for Veeco Instruments (NASDAQ:VECO)
Current Year EPS Consensus Estimate: $1.06 EPS
Next Year EPS Consensus Estimate: $2.04 EPS


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

Insider Trades

Insider Trading and Institutional Ownership History for Veeco Instruments (NASDAQ:VECO)
Insider Ownership Percentage: 2.90%
Institutional Ownership Percentage: 86.73%
Insider Trades by Quarter for Veeco Instruments (NASDAQ:VECO)
Institutional Ownership by Quarter for Veeco Instruments (NASDAQ:VECO)
Insider Trades by Quarter for Veeco Instruments (NASDAQ:VECO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/30/2017Peter J SimoneDirectorSell4,257$31.91$135,840.87View SEC Filing  
5/19/2017William John MillerPresidentSell8,481$31.51$267,236.31View SEC Filing  
5/8/2017John P KiernanSVPSell8,836$32.44$286,639.84View SEC Filing  
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)


Headline Trends for Veeco Instruments (NASDAQ:VECO)
Latest Headlines for Veeco Instruments (NASDAQ:VECO)
DateHeadline logoVeeco Instruments Inc. (NASDAQ:VECO) Cut to Sell at Zacks Investment Research - July 22 at 7:12 AM logoVeeco Instruments Inc. (VECO) Earns Buy Rating from Stifel Nicolaus - July 21 at 1:44 PM logoVeeco Instruments Inc. (NASDAQ:VECO) Receives Average Recommendation of "Buy" from Analysts - July 14 at 8:20 PM logoVeeco Instruments, Inc. breached its 50 day moving average in a Bullish Manner : VECO-US : July 14, 2017 - July 14 at 9:43 AM logoVeeco Instruments Inc. (VECO) Upgraded by BidaskClub to "Hold" - July 13 at 10:20 PM logoVeeco Announces Date for Second Quarter 2017 Financial Results and Conference Call - July 13 at 11:12 AM logoETFs with exposure to Veeco Instruments, Inc. : July 11, 2017 - July 12 at 8:52 AM logo$98.69 Million in Sales Expected for Veeco Instruments Inc. (VECO) This Quarter - July 1 at 10:12 AM logoVeeco Instruments Inc. (VECO) Expected to Post Earnings of -$0.08 Per Share - June 29 at 8:05 AM logoVeeco Instruments Inc. (VECO) Short Interest Down 39.1% in June - June 29 at 7:13 AM logoVeeco Instruments Inc. (VECO) Receives Average Rating of "Buy" from Analysts - June 19 at 8:50 PM logoVeeco Instruments Inc. (VECO) Downgraded by BidaskClub to "Sell" - June 17 at 3:32 PM logoMid-Morning Market Update: Markets Mostly Flat; H & R Block Profit Tops Views - June 14 at 10:48 AM logoMid-Morning Market Update: Markets Open Higher; John Wiley Reports Strong Q4 Results - June 14 at 1:28 AM logoVeeco Instruments, Inc. – Value Analysis (NASDAQ:VECO) : June 13, 2017 - June 14 at 1:28 AM logoVeeco Instruments Inc. (VECO) Upgraded by J P Morgan Chase & Co to Overweight - June 13 at 8:14 AM logoVeeco Instruments, Inc. breached its 50 day moving average in a Bearish Manner : VECO-US : June 12, 2017 - June 12 at 7:57 PM logoVeeco Instruments Inc. (VECO) Lifted to "Hold" at BidaskClub - June 10 at 4:20 PM logoVeeco Instruments Inc. (VECO) Expected to Announce Earnings of -$0.08 Per Share - June 5 at 9:40 AM logoVeeco Instruments, Inc. breached its 50 day moving average in a Bearish Manner : VECO-US : June 2, 2017 - June 2 at 4:02 PM logoInsider Selling: Veeco Instruments Inc. (VECO) Director Sells 4,257 Shares of Stock - June 1 at 8:14 PM logoVeeco Instruments Inc. (VECO) Given Consensus Recommendation of "Buy" by Brokerages - May 23 at 8:23 PM logoVeeco Instruments Inc. (VECO) President William John Miller Sells 8,481 Shares - May 23 at 7:46 PM logoVeeco Instruments, Inc. breached its 50 day moving average in a Bearish Manner : VECO-US : May 18, 2017 - May 18 at 10:54 AM logoETFs with exposure to Veeco Instruments, Inc. : May 11, 2017 - May 12 at 3:47 AM logoVeeco Instruments Inc. (VECO) Expected to Announce Quarterly Sales of $92.75 Million - May 11 at 11:00 AM logoVeeco Instruments, Inc. :VECO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017 - May 9 at 8:00 PM logoJohn P. Kiernan Sells 8,836 Shares of Veeco Instruments Inc. (VECO) Stock - May 9 at 7:40 PM logo Brokerages Anticipate Veeco Instruments Inc. (VECO) Will Announce Earnings of -$0.07 Per Share - May 9 at 2:20 PM logoVeeco Instruments (VECO) Q1 2017 Results - Earnings Call Transcript - May 6 at 12:54 AM logoEdited Transcript of VECO earnings conference call or presentation 4-May-17 9:00pm GMT - May 6 at 12:54 AM logoVeeco Instruments Inc. (VECO) Issues Q2 Earnings Guidance - May 5 at 11:10 PM logoVeeco Instruments Inc. (VECO) Updates Q2 Earnings Guidance - May 5 at 10:47 PM logoVeeco Instruments Inc. (VECO) Releases Quarterly Earnings Results, Hits Expectations - May 5 at 6:24 PM logoInvestor Network: Veeco Instruments Inc. to Host Earnings Call - May 5 at 3:12 AM logoVeeco Reports First Quarter 2017 Financial Results - May 5 at 3:12 AM logoVeeco Instruments Inc. (VECO) Releases Q2 Earnings Guidance - May 4 at 9:24 PM logoVeeco beats Street 1Q forecasts - May 4 at 4:48 PM logoResearch Reports Coverage on Semiconductor Stocks -- Entegris, Veeco Instruments, Brooks Automation, and Kulicke and Soffa Industries - May 4 at 9:53 AM logoVeeco Instruments Inc. (VECO) Set to Announce Quarterly Earnings on Thursday - May 2 at 2:42 PM logoVeeco Instruments (VECO) Earning Favorable Press Coverage, Study Finds - May 2 at 2:40 PM logoVeeco Instruments Inc. (VECO) Given Average Recommendation of "Buy" by Analysts - April 29 at 1:13 AM logoVeeco Instruments (VECO) Given Daily News Sentiment Score of 0.27 - April 27 at 12:02 PM logoFavorable News Coverage Very Likely to Impact Veeco Instruments (VECO) Stock Price - April 24 at 12:35 PM logoVeeco Instruments Inc. (VECO) PT Raised to $36.00 at Needham & Company LLC - April 24 at 10:39 AM logoVeeco Instruments Inc. (VECO) Given "Buy" Rating at Stifel Nicolaus - April 23 at 9:53 AM logoVeeco Instruments (VECO) Earns Coverage Optimism Score of 0.07 - April 21 at 8:00 PM logoVeeco Instruments Inc. (VECO) Stock Rating Reaffirmed by Benchmark Co. - April 21 at 9:55 AM logoInteresting VECO Put And Call Options For May 19th - April 21 at 12:04 AM logoZacks: Analysts Anticipate Veeco Instruments Inc. (VECO) Will Announce Quarterly Sales of $93.38 Million - April 20 at 12:16 PM



Veeco Instruments (VECO) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by Staff