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VECO

VECO - Veeco Instruments Inc Stock Price, Fair Value and News

45.85USD-0.71 (-1.52%)Market Closed

Market Summary

VECO
USD45.85-0.71
Market Closed
-1.52%

VECO Alerts

  • 3 major insider sales recently.
  • Big jump in Earnings (Y/Y)

VECO Stock Price

View Fullscreen

VECO RSI Chart

VECO Valuation

Market Cap

2.6B

Price/Earnings (Trailing)

-150.5

Price/Sales (Trailing)

3.78

EV/EBITDA

121.35

Price/Free Cashflow

86.15

VECO Price/Sales (Trailing)

VECO Profitability

EBT Margin

-2.12%

Return on Equity

-2.51%

Return on Assets

-1.4%

Free Cashflow Yield

1.16%

VECO Fundamentals

VECO Revenue

Revenue (TTM)

687.4M

Rev. Growth (Yr)

13.67%

Rev. Growth (Qtr)

0.32%

VECO Earnings

Earnings (TTM)

-17.3M

Earnings Growth (Yr)

150.02%

Earnings Growth (Qtr)

1%

Breaking Down VECO Revenue

Last 7 days

7.2%

Last 30 days

12.7%

Last 90 days

35.9%

Trailing 12 Months

85.4%

How does VECO drawdown profile look like?

VECO Financial Health

Current Ratio

3.05

Debt/Equity

0.36

Debt/Cashflow

0.23

VECO Investor Care

Shares Dilution (1Y)

9.57%

Diluted EPS (TTM)

-0.38

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024687.4M000
2023643.2M640.9M646.3M666.4M
2022606.0M623.6M645.3M646.1M
2021483.4M531.1M569.3M583.3M
2020424.5M425.3M428.4M454.2M
2019482.9M422.9M405.1M419.3M
2018539.8M585.3M582.8M542.1M
2017348.9M385.8M429.6M475.7M
2016456.7M400.6M345.4M332.4M
2015400.4M436.7M484.1M477.0M
2014360.8M358.5M352.5M392.9M
2013437.9M398.8M365.4M331.7M
2012864.4M736.1M600.9M516.0M
20111.1B1.1B1.1B979.1M
2010444.7M607.1M769.5M931.9M
2009000282.3M
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Tracking the Latest Insider Buys and Sells of Veeco Instruments Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 10, 2024
kiernan john p
sold
-108,474
43.3896
-2,500
svp & chief financial officer
May 23, 2024
porshnev peter
acquired
372,600
37.26
10,000
svp, unified engineering
May 23, 2024
porshnev peter
back to issuer
-400,700
40.07
-10,000
svp, unified engineering
May 13, 2024
st dennis thomas
sold
-150,892
37.723
-4,000
-
May 10, 2024
hunter gordon
acquired
-
-
3,677
-
May 10, 2024
chand sujeet
acquired
-
-
3,677
-
May 10, 2024
bayless kathleen a
acquired
-
-
3,677
-
May 10, 2024
jackson keith d
acquired
-
-
3,677
-
May 10, 2024
st dennis thomas
acquired
-
-
3,677
-

1–10 of 50

Which funds bought or sold VECO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
25,000
260,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
65,000
555,000
-%
May 16, 2024
Tidal Investments LLC
added
280
1,052,400
1,369,840
0.02%
May 16, 2024
JANE STREET GROUP, LLC
sold off
-100
-388,682
-
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.78
124,842
1,961,820
-%
May 16, 2024
COMERICA BANK
reduced
-9.86
18,024
850,885
-%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
reduced
-33.48
-955,345
2,928,180
-%
May 15, 2024
Petrus Trust Company, LTA
unchanged
-
56,838
482,849
0.04%
May 15, 2024
TWO SIGMA ADVISERS, LP
added
25.42
3,638,160
12,269,900
0.03%
May 15, 2024
Dana Investment Advisors, Inc.
added
1.91
285,561
2,126,700
0.07%

1–10 of 37

Are Funds Buying or Selling VECO?

Are funds buying VECO calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VECO
No. of Funds

Unveiling Veeco Instruments Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.96%
6,739,727
SC 13G/A
Feb 12, 2024
neuberger berman group llc
6.08%
3,423,251
SC 13G/A
Feb 09, 2024
invesco ltd.
6.5%
3,663,825
SC 13G/A
Feb 09, 2024
wasatch advisors lp
-
0
SC 13G/A
Jan 22, 2024
blackrock inc.
15.4%
8,694,097
SC 13G/A
Feb 13, 2023
paradigm capital management inc/ny
4.14%
2,128,000
SC 13G/A
Feb 10, 2023
neuberger berman group llc
6.25%
3,216,550
SC 13G/A
Feb 10, 2023
invesco ltd.
6.5%
3,326,221
SC 13G/A
Feb 09, 2023
vanguard group inc
11.57%
5,947,703
SC 13G/A
Feb 08, 2023
wasatch advisors inc
-
0
SC 13G

Recent SEC filings of Veeco Instruments Inc

View All Filings
Date Filed Form Type Document
Jun 11, 2024
4
Insider Trading
Jun 10, 2024
144
Notice of Insider Sale Intent
May 30, 2024
SD
SD
May 24, 2024
4
Insider Trading
May 23, 2024
144
Notice of Insider Sale Intent
May 14, 2024
4
Insider Trading
May 13, 2024
144
Notice of Insider Sale Intent
May 13, 2024
4
Insider Trading
May 10, 2024
4
Insider Trading
May 10, 2024
8-K
Current Report

Peers (Alternatives to Veeco Instruments Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.2T
79.8B
39.36% 209.21%
76.16
40.67
208.27% 788.74%
257.9B
22.8B
-0.06% 28.44%
231.11
11.31
-1.16% 182.53%
196.8B
26.5B
9.02% 69.22%
26.94
7.43
-0.51% 12.58%
129.6B
55.2B
-2.62% -14.99%
31.88
2.35
-2.09% 242.32%
114.7B
10.5B
7.17% 21.92%
53.61
10.96
-18.69% -40.94%
MID-CAP
8.6B
6.4B
3.26% 32.12%
23
1.34
-8.17% -41.71%
6.6B
1.8B
9.05% 58.98%
23.91
3.67
-5.73% 55.39%
4.5B
1.1B
22.77% -18.90%
18.03
4
16.34% 32.25%
3.3B
1.5B
-0.58% -23.04%
19.42
2.21
-24.64% -48.42%
2.3B
218.8M
20.71% -34.57%
-13.5
10.58
-29.29% -89.52%
SMALL-CAP
1.4B
635.7M
-1.30% 106.30%
16.5
2.27
51.02% 67.91%
863.9M
657.5M
8.31% 3.33%
-91.39
1.31
-9.15% -119.91%
382.0M
71.9M
16.39% -68.70%
24.8
5.31
14.14% 8.17%
99.8M
550.0K
-18.10% -58.69%
-5.09
181.37
43.98% -6.63%
81.1M
108.8M
6.73% -39.96%
-3.79
0.75
1.54% -244.16%

Veeco Instruments Inc News

Latest updates
Simply Wall St18 hours ago
Yahoo Canada Shine On09 Jun 202403:56 pm
Investing.com08 May 202407:00 am

Veeco Instruments Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.3%17417417716215415417216415615315014613413911299.0010511310998.0099.00
Gross Profit-4.1%75.0079.0077.0068.0062.0063.0070.0064.0066.0064.0063.0060.0055.0057.0049.0042.0046.0045.0042.0036.0035.00
Operating Expenses-2.0%53.0054.0055.0054.0052.0050.0052.0051.0049.0046.0047.0047.0045.0046.0042.0041.0042.0052.0050.0047.0049.00
  S&GA Expenses5.1%25.0023.0023.0024.0023.0021.0022.0023.0023.0021.0022.0021.0020.0021.0019.0018.0018.0019.0021.0020.0020.00
  R&D Expenses1.9%30.0029.0029.0027.0028.0026.0027.0026.0024.0022.0022.0023.0022.0021.0019.0019.0019.0022.0023.0023.0023.00
EBITDA Margin154.2%0.03*0.01*-0.01*-0.02*0.13*0.14*0.14*0.14*0.14*0.14*0.13*0.12*---------
Interest Expenses-14.6%3.003.003.003.003.003.003.003.003.008.007.007.007.007.006.006.006.006.006.005.005.00
Income Taxes-64.8%1.003.00-2.061.000.00-1170.001.000.00-1.390.000.000.00-0.600.000.000.000.000.000.000.00
Earnings Before Taxes-5.9%23.0024.0023.00-84.039.0012.0015.0010.0014.007.009.007.003.00-0.701.00-8.25-0.30-32.50-11.69-15.42-18.34
EBT Margin50.1%-0.02*-0.04*-0.06*-0.07*0.07*0.08*0.07*0.06*0.06*0.04*0.03*0.02*---------
Net Income1.0%22.0022.0025.00-85.329.0012915.0010.0013.008.009.006.002.00-0.101.00-8.30-0.57-32.87-11.77-15.56-18.53
Net Income Margin44.9%-0.03*-0.05*0.12*0.11*0.25*0.26*0.07*0.06*0.06*0.04*0.03*0.02*---------
Free Cashflow-82.1%3.0019.001.007.007.0030.0041.00-1.1214.008.008.003.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.4%1,2341,2291,2461,2281,1671,128997917920899998976945898890865833818862876886
  Current Assets1.4%716706721709643669650569570549654639618587572538500476486492499
    Cash Equivalents9.6%174159156181141155170118128120122115141130148189163130136162170
  Inventory2.4%243238252244226207188176179171171164156146143137130133135140148
  Net PPE-2.7%11511811811211310710810510410094.0082.0065.0065.0066.0069.0072.0076.0078.0081.0078.00
  Goodwill0%215215215215215182182182182182182182182182182182182182184184184
Liabilities-1.9%546557602616582550556496517461562552533490492470456444460465464
  Current Liabilities7.5%234218268282267258260200221189187179164147147127129118142149150
  Long Term Debt-9.5%249275275274255254254254254229332328325321321317303300297294290
    LT Debt, Current-26.00----20.0020.0020.0020.00------------
    LT Debt, Non Current-9.5%249275275274255254254254254229332328325321321317303300297294290
Shareholder's Equity2.3%688672644613586578441421404438435424412408398395377375402411422
  Retained Earnings4.1%-510-532-553-578-493-501-630-645-655-681-689-698-704-707-707-707-699-698-666-654-638
  Additional Paid-In Capital-0.5%1,1961,2021,1961,1891,0771,0781,0711,0661,0581,1171,1231,1201,1151,1131,1031,1011,0741,0711,0661,0631,058
Shares Outstanding0.5%57.0056.0056.0056.0051.0052.0050.0050.0050.0049.0049.0049.00---------
Float----1,411---906---1,150---614---584-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-68.3%9,36129,4857,05411,21713,91833,10947,2053,38124,78817,09329,92010,24410,48515,43010,04119,946-2,39615,589-14,86414,150-22,291
  Share Based Compensation30.8%8,0826,1797,4207,9327,0276,0256,2106,2784,4813,5144,1304,3683,2373,1412,9422,9743,6463,7423,7834,5883,157
Cashflow From Investing179.3%20,725-26,150-29,5463,128-762-47,7194,800-14,805-11,156101,618-22,386-36,0991,395-31,919-50,784-24,28335,194-21,889-11,929-21,111-20,938
Cashflow From Financing-1313.3%-14,840-1,050-1,65925,470-27,44135977.00803-5,789-120,478-669-135-747-1,50613730,191276288295-836379
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VECO Income Statement

2024-03-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Consolidated Statements of Operations  
Net sales$ 174,484$ 153,504
Cost of sales99,06591,487
Gross profit75,41962,017
Operating expenses, net:  
Research and development29,64227,562
Selling, general, and administrative24,70022,627
Amortization of intangible assets1,8912,111
Other operating expense (income), net(2,859)(89)
Total operating expenses, net53,37452,211
Operating income22,0459,806
Interest income3,3242,073
Interest expense(2,619)(2,875)
Income before income taxes22,7509,004
Income tax expense896263
Net income$ 21,854$ 8,741
Income per common share:  
Basic (in dollars per share)$ 0.39$ 0.17
Diluted (in dollars per share)$ 0.37$ 0.17
Weighted average number of shares:  
Basic (in shares)55,96850,559
Diluted (in shares)60,76459,856

VECO Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 173,998$ 158,781
Restricted cash326339
Short-term investments122,886146,664
Accounts receivable, net106,532103,018
Contract assets34,33624,370
Inventories243,266237,635
Prepaid expenses and other current assets34,55035,471
Total current assets715,894706,278
Property, plant, and equipment, net115,297118,459
Operating lease right-of-use assets23,68524,377
Intangible assets, net42,05443,945
Goodwill214,964214,964
Deferred income taxes118,724117,901
Other assets3,0753,117
Total assets1,233,6931,229,041
Current liabilities:  
Accounts payable54,01142,383
Accrued expenses and other current liabilities59,25957,624
Contract liabilities93,812118,026
Income taxes payable852 
Current portion of long-term debt26,425 
Total current liabilities234,359218,033
Deferred income taxes6,4966,552
Long-term debt248,811274,941
Long-term operating lease liabilities30,94931,529
Other liabilities25,16825,544
Total liabilities545,783556,599
Stockholders' equity:  
Preferred stock, $0.01 par value; 500,000 shares authorized; no shares issued and outstanding.
Common stock, $0.01 par value; 120,000,000 shares authorized; 56,637,473 shares issued and outstanding at March 31, 2024 and 56,364,131 shares issued and outstanding at December 31, 2023566564
Additional paid-in capital1,196,1801,202,440
Accumulated deficit(510,315)(532,169)
Accumulated other comprehensive income1,4791,607
Total stockholders' equity687,910672,442
Total liabilities and stockholders' equity$ 1,233,693$ 1,229,041
VECO
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. 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, and atomic layer deposition and other deposition systems, as well as packaging lithography equipment. 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, hard disk drive, and photonics manufacturers; and research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.
 CEO
 WEBSITEveeco.com
 INDUSTRYSemiconductors
 EMPLOYEES1221

Veeco Instruments Inc Frequently Asked Questions


What is the ticker symbol for Veeco Instruments Inc? What does VECO stand for in stocks?

VECO is the stock ticker symbol of Veeco Instruments Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Veeco Instruments Inc (VECO)?

As of Fri Jun 14 2024, market cap of Veeco Instruments Inc is 2.6 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VECO stock?

You can check VECO's fair value in chart for subscribers.

What is the fair value of VECO stock?

You can check VECO's fair value in chart for subscribers. The fair value of Veeco Instruments Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Veeco Instruments Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VECO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Veeco Instruments Inc a good stock to buy?

The fair value guage provides a quick view whether VECO is over valued or under valued. Whether Veeco Instruments Inc is cheap or expensive depends on the assumptions which impact Veeco Instruments Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VECO.

What is Veeco Instruments Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, VECO's PE ratio (Price to Earnings) is -150.5 and Price to Sales (PS) ratio is 3.78. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VECO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Veeco Instruments Inc's stock?

In the past 10 years, Veeco Instruments Inc has provided 0.03 (multiply by 100 for percentage) rate of return.