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Veeco Instruments Inc. (VECO)
NASDAQ:VECO
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VECO Stock Chart & Stats
Day’s Range― - ―
52-Week Range$25.52 - $49.25
Previous CloseN/A
Volume83.50K
Average Volume (3M)591.11K
Market Cap
$1.49B
Enterprise Value$2.07B
Total Cash (Recent Filing)$344.23M
Total Debt (Recent Filing)$826.00K
Price to Earnings (P/E)20.1
Beta1.72
Next Earnings
Feb 12, 2025EPS Estimate
0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.33
Shares Outstanding56,778,240
10 Day Avg. Volume606,309
30 Day Avg. Volume591,113
Standard Deviation0.11
R-Squared0.29
Alpha0.00318
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.14
Price to Cash Flow (P/CF)21.60
P/FCF Ratio24.10
Enterprise Value/Market Cap1.39
Enterprise Value/Revenue2.92
Enterprise Value/Gross Profit7.26
Enterprise Value/Ebitda16.47
Forecast
1Y Price Target
$35.00Price Target Upside29.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Veeco News
PremiumCompany Announcements
Veeco Faces Minimal Impact from New Export Rules
Bulls Say, Bears Say
Bulls Say
AI-related InvestmentVECO management expects increased investment in AI-related opportunities such as wet processing and lithography.
Order GrowthVeeco reported it has received over $50 million in orders in 2024 for its WaferStorm system for Advanced Packaging driven by AI.
Revenue ProjectionVeeco projects revenue for the fourth quarter of 2024 between $175 to $185 million, compared to the firm’s prior guidance of $165 to $185 million.
Bears Say
China Revenue DeclineChina weakness is becoming visible with VECO's China revenue expected to decline by 20-30% YoY in 2025.
Data Storage Revenue DeclineData Storage sales are expected to decline by $60M to $70M.
Market PenetrationVeeco’s market penetration not meeting expectations associated with the Silicon Carbide Epitaxy technology acquired in 2023.
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Ownership Overview
2.38% Insiders
34.75% Mutual Funds
0.37% Other Institutional Investors
33.55% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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VECO FAQ
What was Veeco Instruments Inc.’s price range in the past 12 months?
Veeco Instruments Inc. lowest stock price was $25.52 and its highest was $49.25 in the past 12 months.
What is Veeco Instruments Inc.’s market cap?
Veeco Instruments Inc.’s market cap is $1.49B.
When is Veeco Instruments Inc.’s upcoming earnings report date?
Veeco Instruments Inc.’s upcoming earnings report date is Feb 12, 2025 which is in 25 days.
How were Veeco Instruments Inc.’s earnings last quarter?
Veeco Instruments Inc. released its earnings results on Nov 06, 2024. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.451 by $0.009.
Is Veeco Instruments Inc. overvalued?
According to Wall Street analysts Veeco Instruments Inc.’s price is currently Undervalued.
Does Veeco Instruments Inc. pay dividends?
Veeco Instruments Inc. does not currently pay dividends.
What is Veeco Instruments Inc.’s EPS estimate?
Veeco Instruments Inc.’s EPS estimate is 0.4.
How many shares outstanding does Veeco Instruments Inc. have?
Veeco Instruments Inc. has 56,778,240 shares outstanding.
What happened to Veeco Instruments Inc.’s price movement after its last earnings report?
Veeco Instruments Inc. reported an EPS of $0.46 in its last earnings report, beating expectations of $0.451. Following the earnings report the stock price went down -3.389%.
Which hedge fund is a major shareholder of Veeco Instruments Inc.?
Currently, no hedge funds are holding shares in VECO
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Veeco Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$35.00 (29.77% Upside)
$35.00 (29.77% Upside)
Blogger Sentiment
Bullish
VECO Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $212.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.49%
12-Months-Change
Fundamentals
Return on Equity
11.78%
Trailing 12-Months
Asset Growth
2.14%
Trailing 12-Months
Company Description
Veeco Instruments Inc.
Veeco Instruments, Inc. engages in the development, manufacture, sale and support of semiconductor process equipment. Its technologies consists of metal organic chemical vapor deposition, advanced packaging lithography, wet etch and clean, laser annealing, ion beam, molecular beam epitaxy, wafer inspection, and atomic layer deposition systems. The company was founded in 1989 and is headquartered in Plainview, NY.
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VECO Company Deck
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VECO Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong performance in the semiconductor business and strategic advancements in key technologies, which are expected to drive future growth. However, challenges in the data storage market and the anticipated decline in China revenue present potential headwinds.Read More>---
VECO Stock 12 Month Forecast
Average Price Target
$35.00
▲(29.77% Upside)
Technical Analysis
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Best Analysts Covering VECO
1 Year
1 Year Success Rate
21/35 ratings generated profit
1 Year Average Return
+23.35%
reiterated a buy rating last month
Copying Gus Richard's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +23.35% per trade.
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