NASDAQ:VECO - Veeco Instruments Stock Price, News, & Analysis

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$7.75 -0.46 (-5.60 %)
(As of 11/12/2018 04:00 PM ET)
Previous Close$8.2050
Today's Range$7.65 - $8.14
52-Week Range$6.61 - $20.55
Volume460,060 shs
Average Volume566,864 shs
Market Capitalization$392.14 million
P/E Ratio-387.50
Dividend YieldN/A
Beta0.69
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor process equipment worldwide. It offers metal organic chemical vapor deposition systems; packaging lithography equipment; precision surface processing systems; laser annealing systems; ion beam etch and deposition systems; molecular beam epitaxy systems; 3D wafer inspection systems; and atomic layer deposition and other deposition systems. The company sells its products to light emitting diode, micro-electro mechanical system, outsourced semiconductor assembly and test, HDD, and semiconductor manufacturers, as well as research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Special industry machinery, not elsewhere classified
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
Current SymbolNASDAQ:VECO
Previous Symbol
CUSIP92241710
Phone516-677-0200

Debt

Debt-to-Equity Ratio0.49
Current Ratio3.15
Quick Ratio2.28

Price-To-Earnings

Trailing P/E Ratio-387.50
Forward P/E Ratio-775.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$484.76 million
Price / Sales0.76
Cash Flow$0.9615 per share
Price / Cash8.06
Book Value$12.10 per share
Price / Book0.64

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$-44,790,000.00
Net Margins-45.70%
Return on Equity1.93%
Return on Assets1.12%

Miscellaneous

Employees1,014
Outstanding Shares47,790,000
Market Cap$392.14 million
OptionableOptionable

Veeco Instruments (NASDAQ:VECO) Frequently Asked Questions

What is Veeco Instruments' stock symbol?

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

How will Veeco Instruments' stock buyback program work?

Veeco Instruments declared that its Board of Directors has authorized a stock buyback plan on Wednesday, December 13th 2017, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) announced its earnings results on Thursday, November, 1st. The semiconductor company reported $0.11 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.08 by $0.03. The semiconductor company had revenue of $126.76 million for the quarter, compared to analyst estimates of $135.50 million. Veeco Instruments had a positive return on equity of 1.93% and a negative net margin of 45.70%. The firm's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period last year, the company posted $0.09 EPS. View Veeco Instruments' Earnings History.

When is Veeco Instruments' next earnings date?

Veeco Instruments is scheduled to release their next quarterly earnings announcement on Monday, February 11th 2019. View Earnings Estimates for Veeco Instruments.

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

Veeco Instruments updated its fourth quarter 2018 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of $-0.25--0.09 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.14. The company issued revenue guidance of $85-105 million, compared to the consensus revenue estimate of $134.97 million.Veeco Instruments also updated its Q4 guidance to $(0.25)-(0.09) EPS.

What price target have analysts set for VECO?

2 equities research analysts have issued 1 year price objectives for Veeco Instruments' shares. Their forecasts range from $38.00 to $38.00. On average, they expect Veeco Instruments' share price to reach $38.00 in the next year. This suggests a possible upside of 390.3% from the stock's current price. View Analyst Price Targets for Veeco Instruments.

What is the consensus analysts' recommendation for Veeco Instruments?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Veeco Instruments.

Has Veeco Instruments been receiving favorable news coverage?

Headlines about VECO stock have been trending negative on Monday, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Veeco Instruments earned a news sentiment score of -2.6 on InfoTrie's scale. They also gave press coverage about the semiconductor company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an impact on the company's share price in the near future.

Who are some of Veeco Instruments' key competitors?

Who are Veeco Instruments' key executives?

Veeco Instruments' management team includes the folowing people:
  • Mr. John R. Peeler, Exec. Chairman (Age 63)
  • Dr. William John Miller, CEO & Director (Age 50)
  • Mr. Shubham Maheshwari, Exec. VP, CFO & COO (Age 46)
  • Mr. John P. Kiernan, Sr. VP of Fin., Chief Accounting Officer & Treasurer (Age 56)
  • Mr. Ajit Paranjpe, Chief Technology Officer (Age 55)

Who are Veeco Instruments' major shareholders?

Veeco Instruments' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (2.90%), Frontier Capital Management Co. LLC (2.28%), Candriam Luxembourg S.C.A. (1.29%), Engineers Gate Manager LP (0.14%), Factorial Partners LLC (0.10%) and Russell Investments Group Ltd. (0.04%). Company insiders that own Veeco Instruments stock include John P Kiernan, John R Peeler, Peter J Simone, Shubham Maheshwari and William John Miller. 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 Frontier Capital Management Co. LLC, Fisher Asset Management LLC and First Mercantile Trust Co.. View Insider Buying and Selling 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 Candriam Luxembourg S.C.A., Factorial Partners LLC, Russell Investments Group Ltd. and Engineers Gate Manager LP. Company insiders that have bought Veeco Instruments stock in the last two years include John P Kiernan, John R Peeler, Shubham Maheshwari and William John Miller. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Veeco Instruments' stock price today?

One share of VECO stock can currently be purchased for approximately $7.75.

How big of a company is Veeco Instruments?

Veeco Instruments has a market capitalization of $392.14 million and generates $484.76 million in revenue each year. The semiconductor company earns $-44,790,000.00 in net income (profit) each year or ($0.02) on an earnings per share basis. Veeco Instruments employs 1,014 workers across the globe.

What is Veeco Instruments' official website?

The official website for Veeco Instruments is http://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]


MarketBeat Community Rating for Veeco Instruments (NASDAQ VECO)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  326 (Vote Outperform)
Underperform Votes:  544 (Vote Underperform)
Total Votes:  870
MarketBeat's community ratings are surveys of what our community members think about Veeco Instruments and other stocks. Vote "Outperform" if you believe VECO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VECO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/12/2018 by MarketBeat.com Staff

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