Veeco Instruments Stock Today

VECO Stock  USD 27.40  0.86  3.24%   

Performance

0 of 100

 
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Odds Of Distress

Less than 17

 
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Low
Veeco Instruments is selling at 27.40 as of the 24th of November 2024; that is 3.24 percent increase since the beginning of the trading day. The stock's open price was 26.54. Veeco Instruments has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Veeco Instruments are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Semiconductors & Semiconductor Equipment
IPO Date
29th of November 1994
Category
Technology
Classification
Information Technology
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. The company has 56.78 M outstanding shares of which 4.91 M shares are at this time shorted by private and institutional investors with about 7.68 trading days to cover. More on Veeco Instruments

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Veeco Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorWilliam Miller
Thematic Ideas
(View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Machinery, Disruptive Technologies, Tech Growth, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductor Equipment & Materials, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.830.5422
Way Up
Slightly volatile
Gross Profit Margin0.460.4277
Significantly Up
Pretty Stable
Total Current Liabilities129.9 M218 M
Way Down
Slightly volatile
Non Current Liabilities Total355.5 M338.6 M
Sufficiently Up
Slightly volatile
Total Assets719.1 M1.2 B
Way Down
Slightly volatile
Total Current Assets465.1 M706.3 M
Way Down
Pretty Stable
Debt Levels
Veeco Instruments can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Veeco Instruments' financial leverage. It provides some insight into what part of Veeco Instruments' total assets is financed by creditors.
Liquidity
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.

Depreciation

23.72 Million
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. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.56 B. Veeco Instruments conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 56.78 M outstanding shares of which 4.91 M shares are at this time shorted by private and institutional investors with about 7.68 trading days to cover. Veeco Instruments currently holds about 230.08 M in cash with 61.67 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.47.
Check Veeco Instruments Probability Of Bankruptcy
Ownership Allocation
The majority of Veeco Instruments outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Veeco Instruments to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Veeco Instruments. Please pay attention to any change in the institutional holdings of Veeco Instruments as this could imply that something significant has changed or is about to change at the company.
Check Veeco Ownership Details

Veeco Stock Institutional Holders

InstituionRecorded OnShares
Fmr Inc2024-09-30
1.5 M
Driehaus Capital Management Llc2024-06-30
1.5 M
Geode Capital Management, Llc2024-09-30
1.3 M
Westfield Capital Management Company, Lp2024-09-30
1.2 M
Fisher Asset Management, Llc2024-09-30
969.7 K
Nuveen Asset Management, Llc2024-06-30
838 K
Neumeier Investment Counsel Llc2024-09-30
731.1 K
Goldman Sachs Group Inc2024-06-30
699.1 K
Needham Investment Management, Llc2024-09-30
677.5 K
Blackrock Inc2024-06-30
8.9 M
Vanguard Group Inc2024-09-30
7.4 M
View Veeco Instruments Diagnostics

Veeco Instruments Historical Income Statement

At this time, Veeco Instruments' Operating Income is very stable compared to the past year. As of the 24th of November 2024, Income Tax Expense is likely to grow to about 2.1 M, while Depreciation And Amortization is likely to drop about 19.5 M. View More Fundamentals

Veeco Stock Against Markets

Veeco Instruments Corporate Management

John KiernanChief Accounting Officer, Sr. VP of Fin., Corporate Controller and TreasurerProfile
Susan WilkersonSenior ServicesProfile
Adrian DevasahayamSenior ManagementProfile
Monica DeMarcoSenior ExperienceProfile
Peter PorshnevSenior EngineeringProfile
Kirk MackeyHead VPProfile
Robert BradshawChief OfficerProfile
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.