NASDAQ:VECO - Veeco Instruments Stock Price, Price Target & More

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$15.20 -0.25 (-1.62 %)
(As of 06/24/2018 10:45 AM ET)
Previous Close$15.20
Today's Range$15.10 - $15.65
52-Week Range$10.85 - $33.40
Volume802,712 shs
Average Volume416,477 shs
Market Capitalization$752.29 million
P/E Ratio-760.00
Dividend YieldN/A
Beta0.58
Veeco Instruments logoVeeco 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

Industry Special industry machinery, not elsewhere classified
Sub-IndustrySemiconductor Equipment
SectorComputer and Technology
SymbolNASDAQ:VECO
CUSIP92241710
Phone516-677-0200

Debt

Debt-to-Equity Ratio0.34
Current Ratio2.80
Quick Ratio2.17

Price-To-Earnings

Trailing P/E Ratio-760.00
Forward P/E Ratio37.07
P/E GrowthN/A

Sales & Book Value

Annual Sales$484.76 million
Price / Sales1.53
Cash Flow$1.0007 per share
Price / Cash15.19
Book Value$17.41 per share
Price / Book0.87

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$-44,790,000.00
Net Margins-11.24%
Return on Equity0.51%
Return on Assets0.31%

Miscellaneous

Employees1,014
Outstanding Shares48,690,000

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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 announced that its board has initiated a share repurchase plan on Wednesday, December 13th 2017, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its stock is undervalued.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) issued its quarterly earnings data on Monday, May, 7th. The semiconductor company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.14. The semiconductor company had revenue of $158.57 million for the quarter, compared to the consensus estimate of $151.62 million. Veeco Instruments had a positive return on equity of 0.51% and a negative net margin of 11.24%. The firm's quarterly revenue was up 67.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.09 earnings per share. View Veeco Instruments' Earnings History.

When is Veeco Instruments' next earnings date?

Veeco Instruments is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. 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 Monday, May, 7th. The company provided earnings per share (EPS) guidance of $0.01-0.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.13. The company issued revenue guidance of $145-170 million, compared to the consensus revenue estimate of $158.13 million.

What price target have analysts set for VECO?

6 brokerages have issued twelve-month target prices for Veeco Instruments' shares. Their predictions range from $21.00 to $36.00. On average, they anticipate Veeco Instruments' share price to reach $26.60 in the next twelve months. View Analyst Ratings for Veeco Instruments.

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, Chairman & CEO (Age 63)
  • Dr. William J. Miller, Pres (Age 50)
  • Mr. Shubham Maheshwari, Exec. VP & CFO (Age 46)
  • Mr. John P. Kiernan, Sr. VP of Fin., Chief Accounting Officer & Treasurer (Age 56)
  • Todd Campbell, VP of Global Operations

Has Veeco Instruments been receiving favorable news coverage?

Media stories about VECO stock have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Veeco Instruments earned a media sentiment score of 0.08 on Accern's scale. They also gave news headlines about the semiconductor company an impact score of 44.63 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Veeco Instruments' major shareholders?

Veeco Instruments' stock is owned by a number of of retail and institutional investors. Top institutional investors include OppenheimerFunds Inc. (8.25%), Dimensional Fund Advisors LP (6.46%), Frontier Capital Management Co. LLC (5.52%), Eagle Asset Management Inc. (4.59%), River & Mercantile Asset Management LLP (2.95%) and Fisher Asset Management LLC (2.92%). 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 institutional investors are selling Veeco Instruments stock?

VECO stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Boston Partners, Eagle Asset Management Inc., California Public Employees Retirement System, Fisher Asset Management LLC, KBC Group NV, American International Group Inc. and Teacher Retirement System of Texas. View Insider Buying and Selling for Veeco Instruments.

Which institutional investors are buying Veeco Instruments stock?

VECO stock was bought by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., River & Mercantile Asset Management LLP, Baillie Gifford & Co., Dimensional Fund Advisors LP, First Pacific Advisors LLC, Westpac Banking Corp, New York State Common Retirement Fund and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. 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 $15.20.

How big of a company is Veeco Instruments?

Veeco Instruments has a market capitalization of $752.29 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.

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 (VECO)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  302 (Vote Outperform)
Underperform Votes:  492 (Vote Underperform)
Total Votes:  794
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 6/24/2018 by MarketBeat.com Staff

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