Veeco Instruments Inc. (VECO)

NASDAQ: VECO · IEX Real-Time Price · USD
25.67
-0.26 (-1.00%)
Jan 28, 2022 2:37 PM EST - Market open
Market Cap1.30B
Revenue (ttm)569.25M
Net Income (ttm)17.73M
Shares Out50.50M
EPS (ttm)0.34
PE Ratio75.95
Forward PE15.77
Dividendn/a
Ex-Dividend Daten/a
Volume184,355
Open25.78
Previous Close25.93
Day's Range25.18 - 26.15
52-Week Range18.22 - 32.40
Beta1.40
AnalystsBuy
Price Target33.50 (+30.5%)
Earnings DateFeb 16, 2022

About 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...

IndustrySemiconductors & Semiconductor Equipment
IPO DateNov 29, 1994
CEOWilliam Miller
Employees993
Stock ExchangeNASDAQ
Ticker SymbolVECO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for VECO stock is "Buy." The 12-month stock price forecast is 33.50, which is an increase of 30.50% from the latest price.

Price Target
$33.50
(30.50% upside)
Analyst Consensus: Buy

News

Veeco Announces Date for Fourth Quarter and Year-End 2021 Financial Results and Conference Call

PLAINVIEW, N.Y., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its fourth quarter and full year 2021 financial results after the market closes on Wednesday, Fe...

3 days ago - GlobeNewsWire

What Makes Veeco (VECO) a New Buy Stock

Veeco (VECO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

2 weeks ago - Zacks Investment Research

Veeco Announces Upcoming Investor Event

PLAINVIEW, N.Y., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to present at the 24th Annual Needham Virtual Growth Conference at 1...

3 weeks ago - GlobeNewsWire

Veeco Announces New $150 Million Senior Secured Credit Facility

PLAINVIEW, N.Y., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (“Veeco”) (NASDAQ: VECO) today announced that it has entered into a senior secured revolving credit facility (the “Facility”). T...

1 month ago - GlobeNewsWire

Veeco Ships First Laser Annealing System From New San Jose Manufacturing Facility Designed to Serve the Semiconductor...

PLAINVIEW, N.Y., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced they have shipped the first LSA101 Laser Spike Annealing System from their new San Jose, Californ...

2 months ago - GlobeNewsWire

Veeco Announces Upcoming Investor Events

PLAINVIEW, N.Y., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to participate in the following virtual events:

2 months ago - GlobeNewsWire

Veeco Instruments (VECO) Surpasses Q3 Earnings and Revenue Estimates

Veeco (VECO) delivered earnings and revenue surprises of 14.29% and 2.46%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Veeco Reports Third Quarter 2021 Financial Results

Third Quarter 2021 Highlights:

2 months ago - GlobeNewsWire

Veeco Releases Sustainability Report

PLAINVIEW, N.Y., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today released its second Sustainability Report, highlighting activity related to Environmental, Social and Gover...

2 months ago - GlobeNewsWire

Veeco Instruments (VECO) Earnings Expected to Grow: Should You Buy?

Veeco (VECO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Veeco Announces Date for Third Quarter 2021 Financial Results and Conference Call

PLAINVIEW, N.Y., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its third quarter 2021 financial results after the market closes on Tuesday, November 2, 2021. T...

3 months ago - GlobeNewsWire

Paystand Announces Scott Bennion as Company's First-Ever Chief Financial Officer

SCOTTS VALLEY, Calif.--(BUSINESS WIRE)-- #B2Bpayments--Scott Bennion joins Paystand as the company's first-ever CFO.

3 months ago - Business Wire

4 Tech Stocks for Growth-Focused Investors

The following four tech stocks saw their quarterly revenue and net income improve significantly on a year-over-year basis, drawing the interest of growth-focused investors. Furthermore, sell-side analys...

Other symbols:LSCCMSPTSEM
4 months ago - GuruFocus

Veeco (VECO) Upgraded to Strong Buy: Here's What You Should Know

Veeco (VECO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

4 months ago - Zacks Investment Research

Veeco to Host Virtual Analyst Event on September 9, 2021

PLAINVIEW, N.Y., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) announced today they will host a virtual analyst event on Thursday, September 9. Members of Veeco's executive lea...

5 months ago - GlobeNewsWire

Veeco Appoints Dr. Sujeet Chand to Its Board of Directors

PLAINVIEW, N.Y., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) recently announced the appointment of Sujeet Chand, Ph.D., to its Board of Directors. In addition to his vast ind...

5 months ago - GlobeNewsWire

Veeco Announces Participation in Oppenheimer Technology Internet & Communications Conference

PLAINVIEW, N.Y., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced that management is scheduled to present at the Oppenheimer Technology Internet & Communications C...

5 months ago - GlobeNewsWire

Veeco Instruments (VECO) Tops Q2 Earnings and Revenue Estimates

Veeco (VECO) delivered earnings and revenue surprises of 29.63% and 6.93%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Veeco Reports Second Quarter 2021 Financial Results

Second Quarter 2021 Highlights:

5 months ago - GlobeNewsWire

Veeco Instruments (VECO) Sees Hammer Chart Pattern: Time to Buy?

Veeco Instruments (VECO) has been struggling lately, but the selling pressure may be coming to an end soon.

6 months ago - Zacks Investment Research

World Leading Semiconductor Company Orders Veeco Lithography Systems for Advanced Packaging Production Ramp

PLAINVIEW, N.Y., May 10, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc . (NASDAQ: VECO) today announced that a world leader in semiconductor assembly and testing has placed a multi-system order for its...

8 months ago - GlobeNewsWire

Veeco Instruments (VECO) Beats Q1 Earnings and Revenue Estimates

Veeco (VECO) delivered earnings and revenue surprises of 13.64% and 6.94%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Veeco Instruments: Q1 Earnings Insights

Shares of Veeco Instruments (NASDAQ:VECO) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 13.64% year over year to $0.25, which beat...

8 months ago - Benzinga

Veeco Reports First Quarter 2021 Financial Results

First Quarter 2021 Highlights:

8 months ago - GlobeNewsWire

Veeco Announces Date for First Quarter 2021 Financial Results and Conference Call

PLAINVIEW, N.Y., April 16, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its first quarter 2021 financial results after the market closes on Tuesday, May 4, 2021. The c...

9 months ago - GlobeNewsWire