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

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$15.75 +0.05 (+0.32 %)
(As of 06/20/2018 04:00 PM ET)
Previous Close$15.70
Today's Range$15.40 - $15.85
52-Week Range$10.85 - $33.40
Volume614,143 shs
Average Volume562,550 shs
Market Capitalization$791.24 million
P/E Ratio-775.00
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-775.00
Forward P/E Ratio38.41
P/E GrowthN/A

Sales & Book Value

Annual Sales$484.76 million
Price / Sales1.58
Cash Flow$0.9862 per share
Price / Cash15.97
Book Value$17.41 per share
Price / Book0.90

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

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 of Directors has initiated a stock repurchase plan on Wednesday, December 13th 2017, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) posted its earnings results on Monday, May, 7th. The semiconductor company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.14. The semiconductor company earned $158.57 million during the quarter, compared to the consensus estimate of $151.62 million. Veeco Instruments had a negative net margin of 11.24% and a positive return on equity of 0.51%. Veeco Instruments's revenue for the quarter was up 67.8% on a year-over-year basis. During the same period last year, the company earned $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 Thursday, August, 2nd 2018. View Earnings Estimates for Veeco Instruments.

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

Veeco Instruments issued an update on its second quarter earnings guidance on Monday, May, 7th. The company provided earnings per share guidance of $0.01-0.20 for the period, compared to the Thomson Reuters consensus 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 brokers have issued 12 month price objectives 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 headlines about VECO stock have been trending positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Veeco Instruments earned a media sentiment score of 0.44 on Accern's scale. They also assigned news headlines about the semiconductor company an impact score of 47.78 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Veeco Instruments' major shareholders?

Veeco Instruments' stock is owned by many different of institutional and retail 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 major 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 major 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 $15.75.

How big of a company is Veeco Instruments?

Veeco Instruments has a market capitalization of $791.24 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:  490 (Vote Underperform)
Total Votes:  792
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 6/20/2018 by MarketBeat.com Staff

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