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NASDAQ:VECO

Veeco Instruments Stock Forecast, Price & News

$17.09
+0.47 (+2.83 %)
(As of 12/1/2020 12:00 AM ET)
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Today's Range
$16.65
Now: $17.09
$17.19
50-Day Range
$12.41
MA: $14.37
$16.89
52-Week Range
$7.42
Now: $17.09
$19.21
Volume242,980 shs
Average Volume519,545 shs
Market Capitalization$847.87 million
P/E RatioN/A
Dividend YieldN/A
Beta1.15
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 ion beam deposition and etch systems, laser annealing systems, metal organic chemical vapor deposition systems, packaging lithography equipment; single wafer wet etch and clean systems; molecular beam epitaxy 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 radio frequency filters and amplifiers, power electronics, thin film magnetic heads, laser diodes, 3D NAND, DRAM, logic, mini-and micro-LEDs, micro-electro mechanical systems, and other semiconductor devices, as well as research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.
Veeco Instruments logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.5Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.41 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
Employees954

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$419.35 million
Cash Flow$0.49 per share
Book Value$7.66 per share

Profitability

Net Income$-78,730,000.00

Miscellaneous

Market Cap$847.87 million
Next Earnings Date2/11/2021 (Estimated)
OptionableOptionable
$17.09
+0.47 (+2.83 %)
(As of 12/1/2020 12:00 AM 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 price been impacted by COVID-19 (Coronavirus)?

Veeco Instruments' stock was trading at $11.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, VECO shares have increased by 46.6% and is now trading at $17.09.
View which stocks have been most impacted by COVID-19
.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Veeco Instruments
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Veeco Instruments?

Wall Street analysts have given Veeco Instruments a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Veeco Instruments wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Veeco Instruments' next earnings date?

Veeco Instruments is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for Veeco Instruments
.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) posted its earnings results on Tuesday, October, 27th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.02. The semiconductor company had revenue of $112.08 million for the quarter, compared to analyst estimates of $109.67 million. Veeco Instruments had a negative net margin of 12.58% and a positive return on equity of 2.66%.
View Veeco Instruments' earnings history
.

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

Veeco Instruments issued an update on its fourth quarter earnings guidance on Tuesday, October, 27th. The company provided earnings per share (EPS) guidance of $0.22-0.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.26. The company issued revenue guidance of $120-135 million, compared to the consensus revenue estimate of $118.08 million.

What price target have analysts set for VECO?

6 brokers have issued twelve-month target prices for Veeco Instruments' shares. Their forecasts range from $15.00 to $20.00. On average, they anticipate Veeco Instruments' stock price to reach $17.83 in the next year. This suggests a possible upside of 4.3% from the stock's current price.
View analysts' price targets for Veeco Instruments
.

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

Who are Veeco Instruments' key executives?

Veeco Instruments' management team includes the following people:
  • Dr. William John Miller, CEO & Director (Age 52, Pay $593.04k)
  • Mr. John P. Kiernan, Sr. VP & CFO (Age 58, Pay $334.89k)
  • Mr. Mark Harris, Sr. VP of Global Operations
  • Mr. Ajit Paranjpe, Chief Technology Officer (Age 57)
  • Mr. Robert W. Bradshaw, Chief Admin. Officer
  • Anthony Bencivenga, Head of Investor Relations
  • Kirk Mackey, VP, Head of Legal & Sec.
  • Mr. Scott Kroeger, Chief Marketing Officer
  • William McCarthy, VP of Global Sales
  • Ms. Susan Wilkerson, Sr. VP of Global Sales & Services

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 investors include Paradigm Capital Management Inc. NY (4.46%), Neuberger Berman Group LLC (4.27%), State Street Corp (2.90%), Fisher Asset Management LLC (2.21%), The Manufacturers Life Insurance Company (1.93%) and JPMorgan Chase & Co. (1.61%).
View institutional ownership trends for Veeco Instruments
.

Which major investors are selling Veeco Instruments stock?

VECO stock was sold by a variety of institutional investors in the last quarter, including Polar Capital LLP, Polar Capital LLP, Arrowstreet Capital Limited Partnership, JPMorgan Chase & Co., Great West Life Assurance Co. Can, ClariVest Asset Management LLC, State Street Corp, and Victory Capital Management Inc..
View insider buying and selling activity for Veeco Instruments
.

Which major investors are buying Veeco Instruments stock?

VECO stock was bought by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company, Paradigm Capital Management Inc. NY, Acadian Asset Management LLC, SG Americas Securities LLC, Assenagon Asset Management S.A., Millrace Asset Group Inc., RK Capital Management LLC, and First Trust Advisors 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 $17.09.

How big of a company is Veeco Instruments?

Veeco Instruments has a market capitalization of $847.87 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 954 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 12/2/2020 by MarketBeat.com Staff

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