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NASDAQ:VECO

Veeco Instruments (VECO) Stock Price, News & Analysis

$39.46
+0.11 (+0.28%)
(As of 07/26/2024 ET)
Today's Range
$38.89
$40.99
50-Day Range
$39.35
$48.47
52-Week Range
$23.63
$49.25
Volume
749,759 shs
Average Volume
593,253 shs
Market Capitalization
$2.24 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$43.14

Veeco Instruments MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
9.3% Upside
$43.14 Price Target
Short Interest
Healthy
10.49% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.61mentions of Veeco Instruments in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$1.53 M Sold Last Quarter
Proj. Earnings Growth
35.11%
From $1.31 to $1.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.35 out of 5 stars

Computer And Technology Sector

410th out of 612 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

7th out of 12 stocks

VECO stock logo

About Veeco Instruments Stock (NASDAQ:VECO)

Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, the company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test companies; and hard disk drive and photonics manufacturers, as well as research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

VECO Stock Price History

VECO Stock News Headlines

Veeco Instruments (NASDAQ:VECO) Stock Price Down 3.4%
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
VECO Jun 2024 42.000 put
Veeco Announces Upcoming Investor Events
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:VECO
CUSIP
92241710
Employees
1,215
Year Founded
1945

Price Target and Rating

Average Stock Price Target
$43.14
High Stock Price Target
$55.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+9.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-30,370,000.00
Pretax Margin
-2.12%

Debt

Sales & Book Value

Annual Sales
$666.43 million
Cash Flow
$1.65 per share
Book Value
$11.94 per share

Miscellaneous

Free Float
55,279,000
Market Cap
$2.24 billion
Optionable
Optionable
Beta
1.22

Social Links

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Key Executives

  • Dr. William John Miller Ph.D. (Age 56)
    CEO & Director
    Comp: $1.08M
  • Mr. John P. Kiernan (Age 62)
    Senior VP & CFO
    Comp: $627.56k
  • Ms. Susan  WilkersonMs. Susan Wilkerson (Age 63)
    Senior Vice President of Global Sales & Services
    Comp: $626.03k
  • Dr. Peter Porshnev Ph.D. (Age 60)
    Senior Vice President of Unified Engineering
    Comp: $590.49k
  • Dr. Adrian Devasahayam Ph.D. (Age 53)
    Senior Vice President of Product Line Management
    Comp: $539.65k
  • Mr. Jean-Charles Bossert
    Senior Vice President of Global Operations
  • Mr. Robert W. Bradshaw
    Chief Administrative Officer
  • Anthony Pappone
    Head of Investor Relations
  • Mr. Kirk W. Mackey
    VP, Head of Legal, General Counsel & Secretary
  • Monica DeMarco
    Senior Vice President of Customer Experience

VECO Stock Analysis - Frequently Asked Questions

How have VECO shares performed this year?

Veeco Instruments' stock was trading at $31.03 at the start of the year. Since then, VECO stock has increased by 27.2% and is now trading at $39.46.
View the best growth stocks for 2024 here
.

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) posted its quarterly earnings data on Tuesday, May, 7th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.01. The semiconductor company had revenue of $174.48 million for the quarter, compared to analysts' expectations of $170 million. Veeco Instruments had a positive trailing twelve-month return on equity of 11.97% and a negative net margin of 2.51%.

What is William J. Miller's approval rating as Veeco Instruments' CEO?

10 employees have rated Veeco Instruments Chief Executive Officer William J. Miller on Glassdoor.com. William J. Miller has an approval rating of 95% among the company's employees. This puts William J. Miller in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does Veeco Instruments have any subsidiaries?

Veeco Instruments subsidiaries include these companies: Ultratech Inc., Solid State Equipment Holdings, Synos Technology, Fluens Corporation, Mill Lane Engineering, Advanced Imaging, NanoDevices, and others.

Who are Veeco Instruments' major shareholders?

Top institutional shareholders of Veeco Instruments include Assenagon Asset Management S.A. (1.06%), Baillie Gifford & Co. (0.84%), Raymond James & Associates (0.22%) and EFG Asset Management North America Corp. (0.12%). Insiders that own company stock include William John Miller, John P Kiernan, Adrian Devasahayam, Susan Wilkerson and Peter J Simone.
View institutional ownership trends
.

How do I buy shares of Veeco Instruments?

Shares of VECO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Veeco Instruments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Veeco Instruments investors own include NVIDIA (NVDA), AT&T (T), Energy Transfer (ET), Gilead Sciences (GILD), Intel (INTC), Advanced Micro Devices (AMD) and FireEye (FEYE).

This page (NASDAQ:VECO) was last updated on 7/26/2024 by MarketBeat.com Staff

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