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

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$12.70 +0.16 (+1.28 %)
(As of 04/24/2019 11:49 AM ET)
Previous Close$12.54
Today's Range$12.55 - $12.81
52-Week Range$6.27 - $19.50
Volume4,253 shs
Average Volume329,597 shs
Market Capitalization$610.03 million
P/E RatioN/A
Dividend YieldN/A
Beta1.26
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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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$1.0111 per share
Book Value$9.16 per share

Profitability

Net Income$-407,090,000.00

Miscellaneous

Employees1,043
Market Cap$610.03 million
Next Earnings Date5/6/2019 (Confirmed)
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 of Directors has initiated a share buyback program on Wednesday, December 13th 2017, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board believes its stock is undervalued.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) issued its quarterly earnings data on Monday, February, 11th. The semiconductor company reported ($0.24) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.23) by $0.01. The semiconductor company earned $98.97 million during the quarter, compared to analyst estimates 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.

How can I listen to Veeco Instruments' earnings call?

Veeco Instruments will be holding an earnings conference call on Monday, May 6th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8882044368.

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

Veeco Instruments updated its first quarter 2019 earnings guidance on Monday, February, 11th. The company provided EPS guidance of $-0.3--0.1 for the period, compared to the Thomson Reuters consensus EPS 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?

2 analysts have issued 1 year price targets for Veeco Instruments' stock. Their forecasts range from $12.00 to $38.00. On average, they expect Veeco Instruments' share price to reach $25.00 in the next twelve months. This suggests a possible upside of 96.9% 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Veeco Instruments.

Has Veeco Instruments been receiving favorable news coverage?

News articles about VECO stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. 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 news sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the semiconductor company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the immediate future.

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

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)

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 $12.70.

How big of a company is Veeco Instruments?

Veeco Instruments has a market capitalization of $610.03 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:  354 (Vote Outperform)
Underperform Votes:  582 (Vote Underperform)
Total Votes:  936
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 4/24/2019 by MarketBeat.com Staff

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