NASDAQ:VECO Veeco Instruments (VECO) Stock Price, News & Analysis $29.67 -1.73 (-5.51%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$29.67▼$31.4150-Day Range$29.67▼$48.4752-Week Range$23.63▼$49.25Volume1.01 million shsAverage Volume646,829 shsMarket Capitalization$1.68 billionP/E RatioN/ADividend YieldN/APrice Target$45.57 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Veeco Instruments alerts: Email Address Veeco Instruments MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside53.6% Upside$45.57 Price TargetShort InterestBearish9.26% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.95Based on 6 Articles This WeekInsider TradingSelling Shares$229,625 Sold Last QuarterProj. Earnings Growth37.50%From $1.20 to $1.65 Per ShareSee Full Details Hide Full Details 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.3.47 out of 5 starsComputer And Technology Sector251st out of 594 stocksSpecial Industry Machinery, Not Elsewhere Classified Industry6th out of 11 stocks 4.3 Analyst's Opinion Consensus RatingVeeco Instruments has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageVeeco Instruments has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Veeco Instruments' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.26% of the outstanding shares of Veeco Instruments have been sold short.Short Interest Ratio / Days to CoverVeeco Instruments has a short interest ratio ("days to cover") of 6.7.Change versus previous monthShort interest in Veeco Instruments has recently increased by 3.75%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldVeeco Instruments does not currently pay a dividend.Dividend GrowthVeeco Instruments does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VECO. Previous Next 2.7 News and Social Media Coverage News SentimentVeeco Instruments has a news sentiment score of 0.95. 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 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Veeco Instruments this week, compared to 4 articles on an average week.Search InterestOnly 4 people have searched for VECO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Veeco Instruments to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $229,625.00 in company stock.Percentage Held by InsidersOnly 2.40% of the stock of Veeco Instruments is held by insiders.Percentage Held by Institutions98.46% of the stock of Veeco Instruments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Veeco Instruments' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Veeco Instruments are expected to grow by 37.50% in the coming year, from $1.20 to $1.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Veeco Instruments is -65.93, 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. SectorThe P/E ratio of Veeco Instruments is -65.93, 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 RatioVeeco Instruments has a P/B Ratio of 2.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Veeco Instruments' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. 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.Read More VECO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VECO Stock News HeadlinesSeptember 7 at 2:15 AM | americanbankingnews.comVeeco Instruments Inc. (NASDAQ:VECO) Receives $45.57 Average Target Price from AnalystsSeptember 5 at 10:05 AM | markets.businessinsider.comVeeco (VECO) Receives a Buy from Northland SecuritiesSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.September 1, 2024 | americanbankingnews.comVeeco Instruments (NASDAQ:VECO) Shares Gap Up to $35.18August 25, 2024 | uk.finance.yahoo.comVeeco Instruments (NASDAQ:VECO) Shareholders Will Want The ROCE Trajectory To ContinueAugust 22, 2024 | seekingalpha.comWall Street Breakfast Podcast: Walmart Exits JD.ComAugust 22, 2024 | seekingalpha.comVeeco Instruments: Headwinds PersistAugust 19, 2024 | ca.finance.yahoo.comVECO Sep 2024 34.000 callSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 18, 2024 | ca.finance.yahoo.comVECO Sep 2024 45.000 putAugust 17, 2024 | ca.finance.yahoo.comVECO Sep 2024 32.000 callAugust 17, 2024 | ca.finance.yahoo.comVECO Sep 2024 41.000 callAugust 17, 2024 | ca.finance.yahoo.comVECO Sep 2024 47.000 putAugust 14, 2024 | globenewswire.comVeeco Announces Agreement with IBM to Explore Wet Processing System for Advanced Packaging ApplicationsAugust 8, 2024 | finance.yahoo.comVeeco Instruments Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowAugust 8, 2024 | finance.yahoo.comDoes Veeco Instruments (NASDAQ:VECO) Deserve A Spot On Your Watchlist?August 7, 2024 | markets.businessinsider.comBuy Rating Affirmed for Veeco on Robust Sales and Market Position StrengthAugust 7, 2024 | benzinga.comCritical Insights From Veeco Instruments Analyst Ratings: What You Need To KnowSee 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. Email Address Company Calendar Last Earnings8/06/2024Today9/07/2024Next Earnings (Estimated)11/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Special industry machinery, not elsewhere classified Sub-IndustrySemiconductor Equipment Current SymbolNASDAQ:VECO CUSIP92241710 CIK103145 Webwww.veeco.com Phone(516) 677-0200Fax516-714-1200Employees1,215Year Founded1945Price Target and Rating Average Stock Price Target$45.57 High Stock Price Target$55.00 Low Stock Price Target$35.00 Potential Upside/Downside+53.6%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.45) Trailing P/E RatioN/A Forward P/E Ratio24.73 P/E GrowthN/ANet Income$-30,370,000.00 Net Margins11.83% Pretax Margin12.33% Return on Equity12.03% Return on Assets6.62% Debt Debt-to-Equity Ratio0.35 Current Ratio3.52 Quick Ratio2.32 Sales & Book Value Annual Sales$666.43 million Price / Sales2.53 Cash Flow$1.57 per share Price / Cash Flow18.89 Book Value$12.59 per share Price / Book2.36Miscellaneous Outstanding Shares56,780,000Free Float55,279,000Market Cap$1.68 billion OptionableOptionable Beta1.17 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesDr. William John Miller Ph.D. (Age 56)CEO & Director Comp: $1.08MMr. John P. Kiernan (Age 62)Senior VP & CFO Comp: $627.56kMs. Susan Wilkerson (Age 63)Senior Vice President of Global Sales & Services Comp: $626.03kDr. Peter Porshnev Ph.D. (Age 60)Senior Vice President of Unified Engineering Comp: $590.49kDr. Adrian Devasahayam Ph.D. (Age 53)Senior Vice President of Product Line Management Comp: $539.65kMr. Jean-Charles BossertSenior Vice President of Global OperationsMr. Robert W. BradshawChief Administrative OfficerAnthony PapponeHead of Investor RelationsMr. Kirk W. MackeyVP, Head of Legal, General Counsel & SecretaryMonica DeMarcoSenior Vice President of Customer ExperienceMore ExecutivesKey CompetitorsAmkor TechnologyNASDAQ:AMKRMKS InstrumentsNASDAQ:MKSIAdvanced Energy IndustriesNASDAQ:AEISFormFactorNASDAQ:FORMAxcelis TechnologiesNASDAQ:ACLSView All CompetitorsInsiders & InstitutionsDana Investment Advisors Inc.Sold 13,988 shares on 8/27/2024Ownership: 0.082%Point72 Asset Management L.P.Sold 6,304 shares on 8/19/2024Ownership: 0.010%Driehaus Capital Management LLCBought 793,429 shares on 8/16/2024Ownership: 2.568%Algert Global LLCBought 5,676 shares on 8/16/2024Ownership: 0.056%Creative PlanningBought 9,190 shares on 8/16/2024Ownership: 0.033%View All Insider TransactionsView All Institutional Transactions VECO Stock Analysis - Frequently Asked Questions How have VECO shares performed this year? Veeco Instruments' stock was trading at $31.03 at the beginning of the year. Since then, VECO stock has decreased by 4.4% and is now trading at $29.67. View the best growth stocks for 2024 here. How were Veeco Instruments' earnings last quarter? Veeco Instruments Inc. (NASDAQ:VECO) issued its quarterly earnings data on Tuesday, August, 6th. The semiconductor company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.43 by $0.01. The company's revenue for the quarter was up 8.8% compared to the same quarter last year. 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 Ultratech Inc., Solid State Equipment Holdings, Synos Technology, Fluens Corporation, Mill Lane Engineering, Advanced Imaging, NanoDevices, and others. Who are Veeco Instruments' major shareholders? Veeco Instruments' top institutional investors include Dimensional Fund Advisors LP (4.02%), Paradigm Capital Management Inc. NY (3.40%), The Manufacturers Life Insurance Company (3.25%) and Driehaus Capital Management LLC (2.57%). 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 9/7/2024 by MarketBeat.com Staff From Our PartnersThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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