Veeco Instruments Stock Today
VECO Stock | USD 33.89 0.16 0.47% |
Performance3 of 100
| Odds Of DistressLess than 13
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Veeco Instruments is selling at 33.89 as of the 25th of April 2024; that is 0.47 percent up since the beginning of the trading day. The stock's open price was 33.73. Veeco Instruments has less than a 13 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Veeco Instruments are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 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 56.31 M outstanding shares of which 6.68 M shares are at this time shorted by private and institutional investors with about 17.76 trading days to cover. More on Veeco Instruments
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Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
Veeco Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Veeco Instruments' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Veeco Instruments or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO Director | William Miller | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, SP Small-Cap 600, NASDAQ Composite Total, Tech Growth, Disruptive Technologies, Machinery, Information Technology, Semiconductors & Semiconductor Equipment, Semiconductor Equipment & Materials, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Veeco Instruments report their recommendations after researching Veeco Instruments' financial statements, talking to executives and customers, or listening in on Veeco Instruments' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Veeco Instruments. The Veeco consensus assessment is calculated by taking the average forecast from all of the analysts covering Veeco Instruments. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the key indicators related to Veeco Instruments' liquidity, profitability, solvency, and operating efficiency, Veeco Instruments is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Veeco Instruments is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Veeco Instruments' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Veeco Instruments' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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.
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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 1.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Veeco Instruments's market, we take the total number of its shares issued and multiply it by Veeco Instruments's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Veeco Instruments conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 56.31 M outstanding shares of which 6.68 M shares are at this time shorted by private and institutional investors with about 17.76 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 AllocationVeeco Instruments maintains a total of 56.31 Million outstanding shares. 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Veeco Ownership Details
Veeco Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Veeco Instruments jumping above the current price in 90 days from now is about 66.66%. The Veeco Instruments probability density function shows the probability of Veeco Instruments stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5875. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Veeco Instruments will likely underperform. Additionally, veeco Instruments has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Veeco Instruments to move above the current price in 90 days from now is about 66.66 (This Veeco Instruments probability density function shows the probability of Veeco Stock to fall within a particular range of prices over 90 days) .
Veeco Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Veeco Instruments that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Veeco Instruments' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Veeco Instruments' value.Instituion | Recorded On | Shares | |
Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.2 M | |
Geode Capital Management, Llc | 2023-12-31 | 1.2 M | |
Nuveen Asset Management, Llc | 2023-12-31 | 1 M | |
D. E. Shaw & Co Lp | 2023-09-30 | 957.7 K | |
Victory Capital Management Inc. | 2023-12-31 | 812.7 K | |
Baillie Gifford & Co Limited. | 2023-12-31 | 737.5 K | |
Fisher Asset Management, Llc | 2023-12-31 | 716.4 K | |
Driehaus Capital Management Llc | 2023-12-31 | 666.6 K | |
Granahan Investment Management Inc.. | 2023-12-31 | 656.8 K | |
Blackrock Inc | 2023-12-31 | 8.7 M | |
Vanguard Group Inc | 2023-12-31 | 6.7 M |
Veeco Instruments Historical Income Statement
Veeco Instruments Income Statement is one of the three primary financial statements used for reporting Veeco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Veeco Instruments revenue and expense. Veeco Instruments Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Veeco Instruments' Operating Income is very stable compared to the past year. As of the 25th of April 2024, Income Tax Expense is likely to grow to about 2.1 M, while Depreciation And Amortization is likely to drop about 17.9 M. View More FundamentalsVeeco Stock Against Markets
Picking the right benchmark for Veeco Instruments stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Veeco Instruments stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Veeco Instruments is critical whether you are bullish or bearish towards Veeco Instruments at a given time. Please also check how Veeco Instruments' historical prices are related to one of the top price index indicators.
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Veeco Instruments Corporate Directors
Veeco Instruments corporate directors refer to members of a Veeco Instruments board of directors. The board of directors generally takes responsibility for the Veeco Instruments' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Veeco Instruments' board members must vote for the resolution. The Veeco Instruments board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Richard DAmore | Independent Director | Profile | |
Thomas Dennis | Independent Director | Profile | |
Keith Jackson | Independent Director | Profile | |
Edward Braun | Independent Director | Profile |
How to buy Veeco Stock?
Before investing in Veeco Instruments, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Veeco Instruments. To buy Veeco Instruments stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Veeco Instruments. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Veeco Instruments stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Veeco Instruments stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Veeco Instruments stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Veeco Instruments, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Veeco Stock please use our How to Invest in Veeco Instruments guide.
Already Invested in Veeco Instruments?
The danger of trading Veeco Instruments is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Veeco Instruments is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Veeco Instruments. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Veeco Instruments is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled 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.Note that the Veeco Instruments information on this page should be used as a complementary analysis to other Veeco Instruments' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Veeco Stock analysis
When running Veeco Instruments' price analysis, check to measure Veeco Instruments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veeco Instruments is operating at the current time. Most of Veeco Instruments' value examination focuses on studying past and present price action to predict the probability of Veeco Instruments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veeco Instruments' price. Additionally, you may evaluate how the addition of Veeco Instruments to your portfolios can decrease your overall portfolio volatility.
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Is Veeco Instruments' industry 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 (0.82) | Earnings Share (0.56) | Revenue Per Share 12.394 | Quarterly Revenue Growth 0.131 | Return On Assets 0.0371 |
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.