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NASDAQ:VECOVeeco Instruments Stock Price, Forecast & News

$11.90
+0.01 (+0.08 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$11.70
Now: $11.90
$12.28
50-Day Range
$9.26
MA: $11.07
$13.77
52-Week Range
$7.42
Now: $11.90
$19.21
Volume1.26 million shs
Average Volume473,257 shs
Market Capitalization$588.19 million
P/E RatioN/A
Dividend YieldN/A
Beta1.32
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 metal organic chemical vapor deposition systems; packaging lithography equipment; precision surface processing systems; laser annealing systems; ion beam deposition and etch systems; molecular beam epitaxy systems; 3D wafer inspection 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 light emitting diodes, micro-electro mechanical systems, radio frequency filters and amplifiers, power electronics, thin film magnetic heads, and laser diodes; and 3D NAND, DRAM, logic, and other semiconductor devices, as well as for research centers and universities. Veeco Instruments Inc. was founded in 1989 and is headquartered in Plainview, New York.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.66 out of 5 stars


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$419.35 million
Cash Flow$0.37 per share
Book Value$7.66 per share

Profitability

Net Income$-78,730,000.00

Miscellaneous

Employees1,043
Market Cap$588.19 million
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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Veeco Instruments (NASDAQ:VECO) Frequently Asked Questions

How has Veeco Instruments' stock 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 (WHO). Since then, VECO stock has increased by 2.1% and is now trading at $11.90. View which stocks have been most impacted by Coronavirus.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Veeco Instruments.

When is Veeco Instruments' next earnings date?

Veeco Instruments is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Veeco Instruments.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) announced its quarterly earnings results on Thursday, May, 7th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.16. The semiconductor company earned $104.50 million during the quarter, compared to analyst estimates of $103.41 million. Veeco Instruments had a positive return on equity of 0.05% and a negative net margin of 14.32%. The firm's quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.14) EPS. View Veeco Instruments' earnings history.

What price target have analysts set for VECO?

3 brokerages have issued 12-month target prices for Veeco Instruments' shares. Their forecasts range from $18.00 to $20.00. On average, they anticipate Veeco Instruments' stock price to reach $18.67 in the next twelve months. This suggests a possible upside of 56.9% from the stock's current price. View analysts' price targets for Veeco Instruments.

Has Veeco Instruments been receiving favorable news coverage?

News coverage about VECO stock has been trending very negative on Wednesday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Veeco Instruments earned a news sentiment score of -3.8 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutVeeco Instruments.

Are investors shorting Veeco Instruments?

Veeco Instruments saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 960,600 shares, a drop of 18.6% from the April 30th total of 1,180,000 shares. Based on an average daily trading volume, of 350,600 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.0% of the shares of the company are sold short. View Veeco Instruments' Current Options Chain.

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 LP Unit (ET), FireEye (FEYE), Advanced Micro Devices (AMD), Cypress Semiconductor (CY), Ford Motor (F), Activision Blizzard (ATVI), General Electric (GE) and Gilead Sciences (GILD).

Who are Veeco Instruments' key executives?

Veeco Instruments' management team includes the following 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)

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 a number of institutional and retail investors. Top institutional shareholders include Invesco Ltd. (9.89%), State Street Corp (2.94%), Baillie Gifford & Co. (2.57%), Fisher Asset Management LLC (2.35%), Geode Capital Management LLC (1.51%) and River & Mercantile Asset Management LLP (1.28%). Company insiders that own Veeco Instruments stock include 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 New York State Common Retirement Fund, Deutsche Bank AG, Morgan Stanley, Morgan Stanley, River & Mercantile Asset Management LLP, Two Sigma Investments LP, Russell Investments Group Ltd., and AQR Capital Management LLC. View insider buying and selling activity for Veeco Instruments.

Which major investors are buying Veeco Instruments stock?

VECO stock was purchased by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Invesco Ltd., RK Capital Management LLC, Castleark Management LLC, State Street Corp, Geode Capital Management LLC, Dynamic Technology Lab Private Ltd, and Baillie Gifford & Co.. Company insiders that have bought Veeco Instruments stock in the last two years include John R Peeler, Shubham Maheshwari, and William John Miller. 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 $11.90.

How big of a company is Veeco Instruments?

Veeco Instruments has a market capitalization of $588.19 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 1,043 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 6/3/2020 by MarketBeat.com Staff

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