Mark Harris - Veeco Instruments Senior Operations

VECO Stock  USD 27.97  0.57  2.08%   

Executive

Mark Harris is Senior Operations of Veeco Instruments
Address 1 Terminal Drive, Plainview, NY, United States, 11803
Phone516 677 0200
Webhttps://www.veeco.com

Veeco Instruments Management Efficiency

The company has return on total asset (ROA) of 0.0457 % which means that it generated a profit of $0.0457 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1156 %, meaning that it created $0.1156 on every $100 dollars invested by stockholders. Veeco Instruments' management efficiency ratios could be used to measure how well Veeco Instruments manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Capital Employed is likely to grow to 0.07, while Return On Tangible Assets are likely to drop (0.03). At this time, Veeco Instruments' Non Current Assets Total are very stable compared to the past year. As of the 26th of November 2024, Intangible Assets is likely to grow to about 67.9 M, while Total Assets are likely to drop about 719.1 M.
Veeco Instruments currently holds 310.5 M in liabilities with Debt to Equity (D/E) ratio of 0.74, which is about average as compared to similar companies. Veeco Instruments has a current ratio of 2.78, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Veeco Instruments' use of debt, we should always consider it together with its cash and equity.

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Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York. Veeco Instrument operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 1091 people. Veeco Instruments (VECO) is traded on NASDAQ Exchange in USA. It is located in 1 Terminal Drive, Plainview, NY, United States, 11803 and employs 1,215 people. Veeco Instruments is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification.

Management Performance

Veeco Instruments Leadership Team

Elected by the shareholders, the Veeco Instruments' board of directors comprises two types of representatives: Veeco Instruments inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Veeco. The board's role is to monitor Veeco Instruments' management team and ensure that shareholders' interests are well served. Veeco Instruments' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Veeco Instruments' outside directors are responsible for providing unbiased perspectives on the board's policies.
Susan Wilkerson, Senior Services
Adrian Devasahayam, Senior Management
Monica DeMarco, Senior Experience
John Kiernan, Chief Accounting Officer, Sr. VP of Fin., Corporate Controller and Treasurer
Peter Porshnev, Senior Engineering
Kirk Mackey, Head VP
Robert Bradshaw, Chief Officer
Mark Harris, Senior Operations
Anthony Bencivenga, Head Relations
Anthony Pappone, Head Relations
William Miller, CEO Director
Ajit Paranjpe, Chief Officer
JeanCharles Bossert, Senior Operations
John CPA, Senior CFO

Veeco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Veeco Instruments a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Veeco Instruments

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Veeco Instruments position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Veeco Instruments will appreciate offsetting losses from the drop in the long position's value.

Moving together with Veeco Stock

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Moving against Veeco Stock

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The ability to find closely correlated positions to Veeco Instruments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veeco Instruments when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Veeco Instruments - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Veeco Instruments to buy it.
The correlation of Veeco Instruments is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Veeco Instruments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veeco Instruments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Veeco Instruments can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Veeco Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veeco Instruments' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veeco Instruments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veeco Instruments Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instruments. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instruments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Earnings Share
1.39
Revenue Per Share
12.611
Quarterly Revenue Growth
0.042
Return On Assets
0.0457
The market value of Veeco Instruments is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instruments' value that differs from its market value or its book value, called intrinsic value, which is Veeco Instruments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instruments' market value can be influenced by many factors that don't directly affect Veeco Instruments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeco Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instruments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.