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

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$10.79 -0.14 (-1.28 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$10.93
Today's Range$10.73 - $11.16
52-Week Range$6.27 - $19.50
Volume250,043 shs
Average Volume366,213 shs
Market Capitalization$518.29 million
P/E Ratio-269.75
Dividend YieldN/A
Beta1.27
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$542.08 million
Cash Flow$0.9608 per share
Book Value$9.16 per share

Profitability

Net Income$-407,090,000.00

Miscellaneous

Employees1,043
Market Cap$518.29 million
Next Earnings Date5/6/2019 (Estimated)
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 announced that its board has approved a stock buyback program on Wednesday, December 13th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) posted its quarterly earnings results on Monday, February, 11th. The semiconductor company reported ($0.24) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.23) by $0.01. The semiconductor company earned $98.97 million during the quarter, compared to the consensus estimate of $95.95 million. Veeco Instruments had a negative return on equity of 0.31% and a negative net margin of 75.10%. 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, May 6th 2019. View Earnings Estimates for Veeco Instruments.

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

Veeco Instruments issued an update on its first quarter 2019 earnings guidance on Monday, February, 11th. The company provided earnings per share guidance of $-0.3--0.1 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.11. The company issued revenue guidance of $85-105 million, compared to the consensus revenue estimate of $98.06 million.

What price target have analysts set for VECO?

3 brokers have issued 12 month target prices for Veeco Instruments' stock. Their forecasts range from $12.00 to $38.00. On average, they expect Veeco Instruments' stock price to reach $25.00 in the next year. This suggests a possible upside of 131.7% from the stock's current price. View Analyst Price Targets for Veeco Instruments.

What is the consensus analysts' recommendation for Veeco Instruments?

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

Has Veeco Instruments been receiving favorable news coverage?

Media headlines about VECO stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Veeco Instruments earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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 Energy Transfer LP Unit (ET), General Electric (GE), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Finisar (FNSR), Cypress Semiconductor (CY), CBL & Associates Properties (CBL), AT&T (T) and QUALCOMM (QCOM).

Who are Veeco Instruments' key executives?

Veeco Instruments' management team includes the folowing people:
  • Mr. John R. Peeler, Exec. Chairman (Age 64)
  • Dr. William John Miller, CEO & Director (Age 51)
  • Mr. Shubham Maheshwari, Exec. VP, CFO & COO (Age 47)
  • Mr. John P. Kiernan, Sr. VP of Fin., Chief Accounting Officer & Treasurer (Age 57)
  • Mr. Ajit Paranjpe, Chief Technology Officer (Age 56)

Who are Veeco Instruments' major shareholders?

Veeco Instruments' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.42%), Dimensional Fund Advisors LP (6.42%), River & Mercantile Asset Management LLP (6.17%), Baillie Gifford & Co. (3.18%), Fisher Asset Management LLC (2.99%) and Frontier Capital Management Co. LLC (2.28%). 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 Citigroup Inc., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Candriam Luxembourg S.C.A., Hosking Partners LLP, Barrow Hanley Mewhinney & Strauss LLC, Two Sigma Advisers LP and Frontier Capital Management Co. LLC. View Insider Buying and Selling for Veeco Instruments.

Which major investors are buying Veeco Instruments stock?

VECO stock was acquired by a variety of institutional investors in the last quarter, including Alambic Investment Management L.P., D. E. Shaw & Co. Inc., Royce & Associates LP, River & Mercantile Asset Management LLP, Two Sigma Investments LP, Norges Bank, Assenagon Asset Management S.A. and Squarepoint Ops LLC. 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 $10.79.

How big of a company is Veeco Instruments?

Veeco Instruments has a market capitalization of $518.29 million and generates $542.08 million in revenue each year. The semiconductor company earns $-407,090,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. Veeco Instruments employs 1,043 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:  349 (Vote Outperform)
Underperform Votes:  575 (Vote Underperform)
Total Votes:  924
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 3/26/2019 by MarketBeat.com Staff

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