Should I buy or sell Veeco Instruments stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VECO shares. View VECO analyst ratings or view top-rated stocks .

What is Veeco Instruments' stock price target for 2024?

6 brokers have issued 12 month target prices for Veeco Instruments' shares. Their VECO share price targets range from $33.00 to $43.00. On average, they anticipate the company's share price to reach $36.57 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. View analysts price targets for VECO or view top-rated stocks among Wall Street analysts .

How have VECO shares performed in 2024?

Veeco Instruments' stock was trading at $31.03 at the beginning of 2024. Since then, VECO shares have increased by 8.4% and is now trading at $33.65. View the best growth stocks for 2024 here .

When is Veeco Instruments' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our VECO earnings forecast .

How can I listen to Veeco Instruments' earnings call?

Veeco Instruments will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Veeco Instruments' earnings last quarter?

Veeco Instruments Inc. (NASDAQ:VECO) released its earnings results on Wednesday, February, 14th. The semiconductor company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.31 by $0.09. The semiconductor company earned $173.92 million during the quarter, compared to the consensus estimate of $170 million. Veeco Instruments had a positive trailing twelve-month return on equity of 11.10% and a negative net margin of 4.56%.

What ETFs hold Veeco Instruments' stock?

ETFs with the largest weight of Veeco Instruments (NASDAQ:VECO) stock in their portfolio include ProShares Nanotechnology ETF (TINY) , Invesco Semiconductors ETF (PSI) , Invesco S&P SmallCap Information Technology ETF (PSCT) , Invesco S&P SmallCap 600 Pure Growth ETF (RZG) and Amplify Etho Climate Leadership U.S. ETF (ETHO) . IQ Chaikin U.S. Small Cap ETF (CSML) .

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

Veeco Instruments updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of 0.360-0.460 for the period, compared to the consensus estimate of 0.410. The company issued revenue guidance of $160.0 million-$180.0 million, compared to the consensus revenue estimate of $172.2 million.

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.

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 (ET) , Gilead Sciences (GILD) , Intel (INTC) , Advanced Micro Devices (AMD) , FireEye (FEYE) , AbbVie (ABBV) , Salesforce (CRM) and Ford Motor (F) .

Who are Veeco Instruments' major shareholders?

Veeco Instruments' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (4.27%), Oliver Luxxe Assets LLC (0.04%) and Dumont & Blake Investment Advisors LLC (0.02%). Insiders that own company stock include Adrian Devasahayam, Dennis Thomas St, John P Kiernan, Mary Jane Raymond, Peter J Simone , Susan Wilkerson and William John Miller. 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 .

Does Veeco Instruments have any subsidiaries?

The following companies are subsidiares of Veeco Instruments: Advanced Imaging, Applied Epi, Digital Instruments, Fluens Corporation, Ion Tech, Mill Lane Engineering, Monarch Labs, NanoDevices, OptiMag, Solid State Equipment Holdings, Synos Technology, TM Microscopes, ThermoMicroscopes Corp, Ultra-Tech Technologies Israel Ltd., Ultratech Inc., Ultratech International Inc., Veeco APAC LLC, Veeco Asia Pte. Ltd., Veeco GmbH, Veeco Instruments (Shanghai) Co. Ltd., Veeco Instruments Limited, Veeco Japan Ltd., Veeco Korea LLC, Veeco Malaysia Sdn. Bhd., Veeco Netherlands BV, Veeco Process Equipment Inc., and Veeco Taiwan Inc.. Read More

NASDAQ:VECO

Veeco Instruments (VECO) Stock Price, News & Analysis

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)

Free VECO Stock Alerts

$33.65

-0.81 (-2.35%)

(As of 04/18/2024 ET)

Compare

Today's Range: $33.62
▼
$34.48
50-Day Range: $33.65
▼
$37.41
52-Week Range: $17.70
▼
$37.75

Volume: 534,005 shs
Average Volume: 515,916 shs
Market Capitalization: $1.90 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $36.57

Get Veeco Instruments alerts:

Veeco Instruments MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 8.7% Upside
$36.57 Price Target
Short Interest: Bearish
11.85% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.67
Based on 4 Articles This Week
Insider Trading: Selling Shares
$1.02 M Sold Last Quarter
Proj. Earnings Growth: 18.71%
From $1.39 to $1.65 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.

0.76 out of 5 stars

Computer And Technology Sector

542nd out of 590 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

10th out of 11 stocks

1.3

Analyst's Opinion

Consensus Rating
Veeco Instruments has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Veeco Instruments has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
11.85% of the outstanding shares of Veeco Instruments have been sold short.
Short Interest Ratio / Days to Cover
Veeco Instruments has a short interest ratio ("days to cover") of 12.8, which indicates bearish sentiment.
Change versus previous month
Short interest in Veeco Instruments has recently decreased by 0.15%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Veeco Instruments does not currently pay a dividend.
Dividend Growth
Veeco Instruments does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VECO.

2.6

News and Social Media Coverage

News Sentiment
Veeco Instruments has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Veeco Instruments this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for VECO on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Veeco Instruments to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Veeco Instruments insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,024,795.00 in company stock.
Percentage Held by Insiders
Only 2.40% of the stock of Veeco Instruments is held by insiders.
Percentage Held by Institutions
98.46% of the stock of Veeco Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Veeco Instruments are expected to grow by 18.71% in the coming year, from $1.39 to $1.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Veeco Instruments is -51.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Veeco Instruments is -51.77, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Veeco Instruments has a P/B Ratio of 2.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad InvestorPlace

Now Open: Crypto emergency update

During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

Just click here to sign up and be among the first to get it.

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

30 days | 90 days | 365 days | Advanced Chart

VECO Stock News Headlines

March 23, 2024 | insidertrades.com

Veeco Instruments Inc. (NASDAQ:VECO) CEO Sells $854,295.30 in Stock

March 19, 2024 | insidertrades.com

Adrian Devasahayam Sells 5,000 Shares of Veeco Instruments Inc. (NASDAQ:VECO) Stock

April 19, 2024 | InvestorPlace (Ad)

Now Open: Crypto emergency update

During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

April 16, 2024 | globenewswire.com

Veeco Announces Date for First Quarter Financial Results and Conference Call

April 16, 2024 | forbes.com

Veeco Instruments

April 9, 2024 | finance.yahoo.com

Veeco Instruments Inc. (VECO)

March 24, 2024 | investing.com

Veeco Instruments CEO sells over $850k in company stock

March 22, 2024 | finance.yahoo.com

Veeco Instruments Inc CEO William Miller Sells 24,201 Shares

April 19, 2024 | InvestorPlace (Ad)

Now Open: Crypto emergency update

During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

March 20, 2024 | finance.yahoo.com

Veeco Releases Sustainability Report Highlighting Progress and Dedication to ESG Goals

March 20, 2024 | globenewswire.com

Veeco Releases Sustainability Report Highlighting Progress and Dedication to ESG Goals

March 16, 2024 | ca.finance.yahoo.com

VECO Apr 2024 42.000 call

March 4, 2024 | seekingalpha.com

Veeco Instruments: U.S. Government Could Be The Wildcard Impacting China Tailwind

February 24, 2024 | msn.com

Veeco Instruments (VECO) Price Target Increased by 14.88% to 40.51

February 22, 2024 | realmoney.thestreet.com

Veeco price target raised by $7 at Citi, here's why

February 18, 2024 | finance.yahoo.com

Veeco Instruments Full Year 2023 Earnings: EPS Beats Expectations

February 17, 2024 | ca.finance.yahoo.com

VECO Mar 2024 30.000 put

February 15, 2024 | finanznachrichten.de

Veeco Instruments Inc.: Veeco Reports Fourth Quarter and Fiscal Year 2023 Financial Results

February 15, 2024 | markets.businessinsider.com

Peeling Back The Layers: Exploring Veeco Instruments Through Analyst Insights

February 15, 2024 | finance.yahoo.com

Is Veeco (VECO) a Solid Growth Stock? 3 Reasons to Think "Yes"

February 15, 2024 | finance.yahoo.com

Veeco Instruments Inc. (NASDAQ:VECO) Q4 2023 Earnings Call Transcript

February 15, 2024 | finance.yahoo.com

Q4 2023 Veeco Instruments Inc Earnings Call

February 15, 2024 | markets.businessinsider.com

Veeco Reports Fourth Quarter and Fiscal Year 2023 Financial Results

February 14, 2024 | msn.com

Veeco Instruments Non-GAAP EPS of $0.51 beats by $0.09, revenue of $173.9M beats by $4.77M

February 14, 2024 | finance.yahoo.com

Veeco Instruments Inc (VECO) Reports Solid Q4 and Fiscal Year 2023 Financial Results

February 14, 2024 | globenewswire.com

Veeco Reports Fourth Quarter and Fiscal Year 2023 Financial Results

February 14, 2024 | benzinga.com

Earnings Outlook For Veeco Instruments

See More Headlines

Receive VECO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Veeco Instruments and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/14/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Special industry machinery, not elsewhere classified
Sub-Industry: Semiconductor Equipment
Current Symbol: NASDAQ:VECO
CUSIP: 92241710
CIK: 103145
Web: www.veeco.com
Phone: (516) 677-0200
Fax: 516-714-1200
Employees: 1,215
Year Founded: 1945

Price Target and Rating

Average Stock Price Target: $36.57
High Stock Price Target: $43.00
Low Stock Price Target: $33.00
Potential Upside/Downside: +8.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.65)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 24.21
P/E Growth: N/A
Net Income: $-30,370,000.00
Net Margins: -4.56%
Pretax Margin: -4.25%
Return on Equity: 11.10%
Return on Assets: 5.73%

Debt

Debt-to-Equity Ratio: 0.41
Current Ratio: 3.24
Quick Ratio: 2.15

Sales & Book Value

Annual Sales: $666.43 million
Price / Sales: 2.85
Cash Flow: $1.55 per share
Price / Cash Flow: 21.66
Book Value: $11.94 per share
Price / Book: 2.82

Miscellaneous

Outstanding Shares: 56,350,000
Free Float: 55,002,000
Market Cap: $1.90 billion
Optionable: Optionable
Beta: 1.20

Social Links

Metaverse Stocks And Why You Can't Ignore Them

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

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 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VECO Stock Analysis - Frequently Asked Questions

Should I buy or sell Veeco Instruments stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veeco Instruments in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VECO shares.
View VECO analyst ratings or view top-rated stocks.
What is Veeco Instruments' stock price target for 2024?: 6 brokers have issued 12 month target prices for Veeco Instruments' shares. Their VECO share price targets range from $33.00 to $43.00. On average, they anticipate the company's share price to reach $36.57 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price.
View analysts price targets for VECO or view top-rated stocks among Wall Street analysts.
How have VECO shares performed in 2024?: Veeco Instruments' stock was trading at $31.03 at the beginning of 2024. Since then, VECO shares have increased by 8.4% and is now trading at $33.65.
View the best growth stocks for 2024 here.
When is Veeco Instruments' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our VECO earnings forecast.
How can I listen to Veeco Instruments' earnings call?: Veeco Instruments will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Veeco Instruments' earnings last quarter?: Veeco Instruments Inc. (NASDAQ:VECO) released its earnings results on Wednesday, February, 14th. The semiconductor company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.31 by $0.09. The semiconductor company earned $173.92 million during the quarter, compared to the consensus estimate of $170 million. Veeco Instruments had a positive trailing twelve-month return on equity of 11.10% and a negative net margin of 4.56%.
What ETFs hold Veeco Instruments' stock?: ETFs with the largest weight of Veeco Instruments (NASDAQ:VECO) stock in their portfolio include ProShares Nanotechnology ETF (TINY), Invesco Semiconductors ETF (PSI), Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco S&P SmallCap 600 Pure Growth ETF (RZG) and Amplify Etho Climate Leadership U.S. ETF (ETHO).IQ Chaikin U.S. Small Cap ETF (CSML).

What guidance has Veeco Instruments issued on next quarter's earnings?: Veeco Instruments updated its first quarter 2024 earnings guidance on Wednesday, February, 14th. The company provided EPS guidance of 0.360-0.460 for the period, compared to the consensus estimate of 0.410. The company issued revenue guidance of $160.0 million-$180.0 million, compared to the consensus revenue estimate of $172.2 million.
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.
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 (ET), Gilead Sciences (GILD), Intel (INTC), Advanced Micro Devices (AMD), FireEye (FEYE), AbbVie (ABBV), Salesforce (CRM) and Ford Motor (F).
Who are Veeco Instruments' major shareholders?: Veeco Instruments' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (4.27%), Oliver Luxxe Assets LLC (0.04%) and Dumont & Blake Investment Advisors LLC (0.02%). Insiders that own company stock include Adrian Devasahayam, Dennis Thomas St, John P Kiernan, Mary Jane Raymond, Peter J Simone, Susan Wilkerson and William John Miller.
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.
Does Veeco Instruments have any subsidiaries?: The following companies are subsidiares of Veeco Instruments: Advanced Imaging, Applied Epi, Digital Instruments, Fluens Corporation, Ion Tech, Mill Lane Engineering, Monarch Labs, NanoDevices, OptiMag, Solid State Equipment Holdings, Synos Technology, TM Microscopes, ThermoMicroscopes Corp, Ultra-Tech Technologies Israel Ltd., Ultratech Inc., Ultratech International Inc., Veeco APAC LLC, Veeco Asia Pte. Ltd., Veeco GmbH, Veeco Instruments (Shanghai) Co. Ltd., Veeco Instruments Limited, Veeco Japan Ltd., Veeco Korea LLC, Veeco Malaysia Sdn. Bhd., Veeco Netherlands BV, Veeco Process Equipment Inc., and Veeco Taiwan Inc..
Read More

This page (NASDAQ:VECO) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Veeco Instruments (VECO) Stock Price, News & Analysis

Veeco Instruments MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Veeco Instruments Stock (NASDAQ:VECO)

VECO Stock Price History

VECO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

VECO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™