Veeco Instruments Statistics
Total Valuation
VECO has a market cap or net worth of $1.63 billion. The enterprise value is $1.64 billion.
| Market Cap | 1.63B |
| Enterprise Value | 1.64B |
Important Dates
The next confirmed earnings date is Wednesday, November 6, 2024, after market close.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
VECO has 56.78 million shares outstanding. The number of shares has decreased by -4.82% in one year.
| Shares Outstanding | 56.78M |
| Shares Change (YoY) | -4.82% |
| Shares Change (QoQ) | +2.91% |
| Owned by Insiders (%) | 2.39% |
| Owned by Institutions (%) | 106.51% |
| Float | 55.41M |
Valuation Ratios
The trailing PE ratio is 20.00 and the forward PE ratio is 15.40.
| PE Ratio | 20.00 |
| Forward PE | 15.40 |
| PS Ratio | 2.29 |
| Forward PS | 2.12 |
| PB Ratio | 2.28 |
| P/FCF Ratio | 57.55 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.80, with an EV/FCF ratio of 57.88.
| EV / Earnings | 19.74 |
| EV / Sales | 2.34 |
| EV / EBITDA | 14.80 |
| EV / EBIT | 19.23 |
| EV / FCF | 57.88 |
Financial Position
The company has a current ratio of 3.52, with a Debt / Equity ratio of 0.44.
| Current Ratio | 3.52 |
| Quick Ratio | 2.14 |
| Debt / Equity | 0.44 |
| Debt / EBITDA | 2.69 |
| Debt / FCF | 11.09 |
| Interest Coverage | 7.59 |
Financial Efficiency
Return on equity (ROE) is 12.50% and return on invested capital (ROIC) is 5.46%.
| Return on Equity (ROE) | 12.50% |
| Return on Assets (ROA) | 4.32% |
| Return on Capital (ROIC) | 5.46% |
| Revenue Per Employee | $577,492 |
| Profits Per Employee | $68,320 |
| Employee Count | 1,215 |
| Asset Turnover | 0.57 |
| Inventory Turnover | 1.61 |
Taxes
In the past 12 months, VECO has paid $3.51 million in taxes.
| Income Tax | 3.51M |
| Effective Tax Rate | 4.05% |
Stock Price Statistics
The stock price has increased by +13.35% in the last 52 weeks. The beta is 1.17, so VECO's price volatility has been higher than the market average.
| Beta (5Y) | 1.17 |
| 52-Week Price Change | +13.35% |
| 50-Day Moving Average | 31.58 |
| 200-Day Moving Average | 36.56 |
| Relative Strength Index (RSI) | 33.13 |
| Average Volume (20 Days) | 611,894 |
Short Selling Information
The latest short interest is 4.82 million, so 8.50% of the outstanding shares have been sold short.
| Short Interest | 4.82M |
| Short Previous Month | 5.73M |
| Short % of Shares Out | 8.50% |
| Short % of Float | 8.71% |
| Short Ratio (days to cover) | 7.08 |
Income Statement
In the last 12 months, VECO had revenue of $701.65 million and earned $83.01 million in profits. Earnings per share was $1.44.
| Revenue | 701.65M |
| Gross Profit | 306.34M |
| Operating Income | 85.21M |
| Pretax Income | 86.51M |
| Net Income | 83.01M |
| EBITDA | 110.75M |
| EBIT | 85.21M |
| Earnings Per Share (EPS) | $1.44 |
Balance Sheet
The company has $304.86 million in cash and $314.15 million in debt, giving a net cash position of -$9.29 million or -$0.16 per share.
| Cash & Cash Equivalents | 304.86M |
| Total Debt | 314.15M |
| Net Cash | -9.29M |
| Net Cash Per Share | -$0.16 |
| Equity (Book Value) | 715.01M |
| Book Value Per Share | 12.59 |
| Working Capital | 514.22M |
Cash Flow
In the last 12 months, operating cash flow was $54.36 million and capital expenditures -$26.04 million, giving a free cash flow of $28.32 million.
| Operating Cash Flow | 54.36M |
| Capital Expenditures | -26.04M |
| Free Cash Flow | 28.32M |
| FCF Per Share | $0.50 |
Margins
Gross margin is 43.66%, with operating and profit margins of 12.14% and 11.83%.
| Gross Margin | 43.66% |
| Operating Margin | 12.14% |
| Pretax Margin | 12.33% |
| Profit Margin | 11.83% |
| EBITDA Margin | 15.78% |
| EBIT Margin | 12.14% |
| FCF Margin | 4.33% |
Dividends & Yields
VECO does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 4.82% |
| Shareholder Yield | 4.82% |
| Earnings Yield | 5.09% |
| FCF Yield | 1.74% |
Analyst Forecast
The average price target for VECO is $45.57, which is 58.78% higher than the current price. The consensus rating is "Buy".
| Price Target | $45.57 |
| Price Target Difference | 58.78% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
VECO has an Altman Z-Score of 2.8 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.8 |
| Piotroski F-Score | 6 |