NASDAQ:VECO

Veeco Instruments (VECO) Stock Price, News & Analysis

$33.89
+0.16 (+0.47%)
(As of 04/24/2024 ET)
Today's Range
$33.66
$34.59
50-Day Range
$32.58
$37.41
52-Week Range
$17.70
$37.75
Volume
402,598 shs
Average Volume
457,217 shs
Market Capitalization
$1.91 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$36.57

Veeco Instruments MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
7.9% Upside
$36.57 Price Target
Short Interest
Bearish
11.85% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$1.02 M Sold Last Quarter
Proj. Earnings Growth
18.71%
From $1.39 to $1.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.35 out of 5 stars

Computer And Technology Sector

563rd out of 587 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

12th out of 13 stocks

VECO stock logo

About Veeco Instruments Stock (NASDAQ:VECO)

Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, the company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test companies; and hard disk drive and photonics manufacturers, as well as research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

VECO Stock Price History

VECO Stock News Headlines

Veeco Instruments
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Veeco Instruments Inc. (VECO)
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
VECO Apr 2024 42.000 call
Veeco price target raised by $7 at Citi, here's why
VECO Mar 2024 30.000 put
Q4 2023 Veeco Instruments Inc Earnings Call
Veeco Reports Fourth Quarter and Fiscal Year 2023 Financial Results
Earnings Outlook For Veeco Instruments
Veeco Instruments Q4 2023 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/25/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:VECO
CUSIP
92241710
Employees
1,215
Year Founded
1945

Price Target and Rating

Average Stock Price Target
$36.57
High Stock Price Target
$43.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+7.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-30,370,000.00
Pretax Margin
-4.25%

Debt

Sales & Book Value

Annual Sales
$666.44 million
Cash Flow
$1.74 per share
Book Value
$11.94 per share

Miscellaneous

Free Float
55,115,000
Market Cap
$1.91 billion
Optionable
Optionable
Beta
1.20

Social Links

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Key Executives

  • Dr. William John Miller Ph.D. (Age 56)
    CEO & Director
    Comp: $1.08M
  • Mr. John P. Kiernan (Age 62)
    Senior VP & CFO
    Comp: $627.56k
  • Ms. Susan WilkersonMs. Susan Wilkerson (Age 63)
    Senior Vice President of Global Sales & Services
    Comp: $626.03k
  • Dr. Peter Porshnev Ph.D. (Age 60)
    Senior Vice President of Unified Engineering
    Comp: $590.49k
  • Dr. Adrian Devasahayam Ph.D. (Age 53)
    Senior Vice President of Product Line Management
    Comp: $539.65k
  • Mr. Jean-Charles Bossert
    Senior Vice President of Global Operations
  • Mr. Robert W. Bradshaw
    Chief Administrative Officer
  • Anthony Pappone
    Head of Investor Relations
  • Mr. Kirk W. Mackey
    VP, Head of Legal, General Counsel & Secretary
  • Monica DeMarco
    Senior Vice President of Customer Experience

VECO Stock Analysis - Frequently Asked Questions

Should I buy or sell Veeco Instruments stock right now?

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

What is Veeco Instruments' stock price target for 2024?

6 Wall Street analysts have issued 1-year price objectives for Veeco Instruments' shares. Their VECO share price targets range from $33.00 to $43.00. On average, they predict the company's stock price to reach $36.57 in the next twelve months. This suggests a possible upside of 7.9% 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 2024?

Veeco Instruments' stock was trading at $31.03 at the beginning of the year. Since then, VECO stock has increased by 9.2% and is now trading at $33.89.
View the best growth stocks for 2024 here
.

When is Veeco Instruments' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our VECO earnings forecast
.

How can I listen to Veeco Instruments' earnings call?

Veeco Instruments will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) released its quarterly earnings results on Wednesday, February, 14th. The semiconductor company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.09. The semiconductor company earned $173.92 million during the quarter, compared to analyst estimates of $170 million. Veeco Instruments had a negative net margin of 4.56% and a positive trailing twelve-month return on equity of 11.10%.

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

Veeco Instruments updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided earnings per share guidance of 0.360-0.460 for the period, compared to the consensus estimate of 0.410. The company issued revenue guidance of $160.0 million-$180.0 million, compared to the consensus revenue estimate of $172.2 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).

Who are Veeco Instruments' major shareholders?

Veeco Instruments' stock is owned by a variety of institutional and retail investors. Top institutional investors include Wasatch Advisors LP (4.27%), Assenagon Asset Management S.A. (1.01%), Raymond James & Associates (0.30%), State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.05%) and Oliver Luxxe Assets LLC (0.04%). Insiders that own company stock include Adrian Devasahayam, Dennis Thomas St, John P Kiernan, Mary Jane Raymond, Peter J Simone, Susan Wilkerson and William John Miller.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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..
Read More
This page (NASDAQ:VECO) was last updated on 4/25/2024 by MarketBeat.com Staff

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