NASDAQ:VECO Veeco Instruments - VECO Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Veeco Instruments Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $20.81 +0.34 (+1.66%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$20.53▼$20.9150-Day Range$19.37▼$21.7552-Week Range$16.11▼$29.54Volume232,726 shsAverage Volume634,821 shsMarket Capitalization$1.07 billionP/E Ratio7.74Dividend YieldN/APrice Target$21.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Veeco Instruments MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside3.3% Upside$21.50 Price TargetShort InterestBearish9.81% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.20Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth30.68%From $0.88 to $1.15 Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector573rd out of 615 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry13th out of 14 stocks 1.3 Analyst's Opinion Consensus RatingVeeco Instruments has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.50, Veeco Instruments has a forecasted upside of 3.3% from its current price of $20.81.Amount of Analyst CoverageVeeco Instruments has only been the subject of 2 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted9.81% of the outstanding shares of Veeco Instruments have been sold short.Short Interest Ratio / Days to CoverVeeco Instruments has a short interest ratio ("days to cover") of 11.9, which indicates bearish sentiment.Change versus previous monthShort interest in Veeco Instruments has recently increased by 14.22%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldVeeco Instruments does not currently pay a dividend.Dividend GrowthVeeco Instruments does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VECO. Previous Next 3.4 News and Social Media Coverage News SentimentVeeco Instruments has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Veeco Instruments this week, compared to 2 articles on an average week.Search Interest8 people have searched for VECO on MarketBeat in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Veeco Instruments insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.40% of the stock of Veeco Instruments is held by insiders. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Veeco Instruments are expected to grow by 30.68% in the coming year, from $0.88 to $1.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeco Instruments is 7.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Veeco Instruments is 7.74, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 347.72.Price to Book Value per Share RatioVeeco Instruments has a P/B Ratio of 1.85. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Veeco Instruments (NASDAQ:VECO) StockVeeco 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.Read More Receive VECO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veeco Instruments and its competitors with MarketBeat's FREE daily newsletter. Email Address VECO Stock News HeadlinesMarch 21, 2023 | finance.yahoo.comVeeco Releases New Sustainability ReportMarch 15, 2023 | thestreet.comVeeco Instruments Stock Hits New 52-Week Low (VECO)March 30, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 12, 2023 | finance.yahoo.comVeeco Instruments (NASDAQ:VECO) shareholders have earned a 27% CAGR over the last three yearsFebruary 24, 2023 | finance.yahoo.comVeeco Instruments Full Year 2022 Earnings: EPS Beats Expectations, Revenues LagFebruary 17, 2023 | finance.yahoo.comWith EPS Growth And More, Veeco Instruments (NASDAQ:VECO) Makes An Interesting CaseFebruary 15, 2023 | markets.businessinsider.comVeeco Instruments Q4 Profit Increases, beats estimatesFebruary 15, 2023 | finance.yahoo.comVeeco Reports Fourth Quarter and Fiscal Year 2022 Financial ResultsMarch 30, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.February 15, 2023 | finance.yahoo.comVeeco Instruments (VECO) Surpasses Q4 Earnings EstimatesFebruary 3, 2023 | finance.yahoo.comIs Now An Opportune Moment To Examine Veeco Instruments Inc. (NASDAQ:VECO)?February 1, 2023 | msn.comVeeco buys Sweden's Epiluvac for $30MFebruary 1, 2023 | finance.yahoo.comVeeco Acquires Epiluvac AB to Accelerate Penetration Into High Growth Silicon Carbide Epitaxy Equipment MarketJanuary 23, 2023 | finance.yahoo.comThis is the ‘biggest disconnect’ in the chip sector, according to BarclaysJanuary 19, 2023 | finance.yahoo.comVeeco Announces Date for Fourth Quarter and Full-Year 2022 Financial Results and Conference CallJanuary 17, 2023 | finance.yahoo.comGreat news for Veeco Instruments Inc. (NASDAQ:VECO): Insiders acquired stock in large numbers last yearJanuary 13, 2023 | msn.comThe Latest Analyst Ratings for Veeco InstrumentsJanuary 12, 2023 | investing.comVeeco Instruments Inc. PT Raised to $35 at BenchmarkDecember 27, 2022 | finance.yahoo.comCORRECTION -- Veeco Announces Upcoming Investor EventDecember 11, 2022 | finance.yahoo.comVeeco Instruments Inc. (NASDAQ:VECO) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?November 21, 2022 | finance.yahoo.comVeeco Appoints Dr. Lena Nicolaides to Its Board of DirectorsNovember 9, 2022 | finance.yahoo.comAre Investors Undervaluing Veeco Instruments Inc. (NASDAQ:VECO) By 50%?November 8, 2022 | marketwatch.comVeeco Instruments stock price target cut to $25 from $35 at BenchmarkNovember 8, 2022 | markets.businessinsider.comVeeco Instruments Q3 Profit Increases, beats estimatesNovember 8, 2022 | seekingalpha.comVeeco Instruments, Inc. (VECO) Q3 2022 Earnings Call TranscriptNovember 8, 2022 | finance.yahoo.comVeeco Reports Third Quarter 2022 Financial ResultsNovember 8, 2022 | finance.yahoo.comVeeco Instruments (VECO) Q3 Earnings and Revenues Surpass EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive VECO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Veeco Instruments and its competitors with MarketBeat's FREE daily newsletter. Email Address VECO Company Calendar Last Earnings11/02/2021Today3/29/2023Next Earnings (Estimated)5/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Special industry machinery, not elsewhere classified Sub-IndustrySemiconductor Equipment SectorComputer and Technology Current SymbolNASDAQ:VECO CUSIP92241710 CIK103145 Webwww.veeco.com Phone(516) 677-0200Fax516-714-1200Employees1,221Year Founded1945Price 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 RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.69 Trailing P/E Ratio7.74 Forward P/E Ratio23.65 P/E GrowthN/ANet Income$166.94 million Net Margins25.84% Pretax Margin7.89% Return on Equity14.98% Return on Assets6.97% Debt Debt-to-Equity Ratio0.44 Current Ratio2.59 Quick Ratio1.79 Sales & Book Value Annual Sales$646.14 million Price / Sales1.66 Cash Flow$1.80 per share Price / Cash Flow11.57 Book Value$11.24 per share Price / Book1.85Miscellaneous Outstanding Shares51,580,000Free Float50,338,000Market Cap$1.07 billion OptionableOptionable Beta1.29 Social Links Key ExecutivesBill MillerChief Executive Officer & DirectorHarris MarkSenior Vice President-Global OperationsJohn P. KiernanChief Financial Officer & Senior Vice PresidentAjit ParanjpeChief Technology OfficerKirk W. MackeySecretary, Vice President & General CounselKey CompetitorsACM ResearchNASDAQ:ACMRDigital TurbineNASDAQ:APPSFormula Systems (1985)NASDAQ:FORTYA10 NetworksNYSE:ATENPhotronicsNASDAQ:PLABView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Bought 143,125 shares on 3/10/2023Ownership: 1.722%Kovack Advisors Inc.Bought 6,275 shares on 2/22/2023Ownership: 0.059%State of WyomingBought 8,707 shares on 2/16/2023Ownership: 0.023%Legal & General Group PlcBought 3,309 shares on 2/15/2023Ownership: 0.247%State of Wisconsin Investment BoardSold 3,139 shares on 2/15/2023Ownership: 0.229%View All Insider TransactionsView All Institutional Transactions 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 ETFs hold Veeco Instruments' stock? ETFs with the largest weight of Veeco Instruments (NASDAQ:VECO) stock in their portfolio include ProShares Nanotechnology ETF (TINY), Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco Nasdaq Future Gen 200 ETF (QQQS), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Pacer US Small Cap Cash Cows 100 ETF (CALF), SPDR S&P 600 Small Cap Growth ETF (SLYG), Barrons 400 ETF (BFOR) and iShares S&P Small-Cap 600 Growth ETF (IJT). 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..Read More 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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