Veeco Instruments Inc. (NASDAQ:VECO – Get Free Report) has earned a consensus rating of “Hold” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $61.33.
A number of analysts recently issued reports on VECO shares. Wall Street Zen upgraded Veeco Instruments from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 12th. Northland Securities upgraded Veeco Instruments from a “market perform” rating to an “outperform” rating and set a $66.00 target price for the company in a research note on Monday, September 21st. Citigroup lifted their target price on Veeco Instruments from $60.00 to $63.00 and gave the company a “buy” rating in a report on Monday, August 10th. Weiss Ratings lowered Veeco Instruments from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, August 21st. Finally, Zacks Research cut Veeco Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th.
Check Out Our Latest Analysis on VECO
Insider Buying and Selling
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of VECO. Louisiana State Employees Retirement System bought a new stake in shares of Veeco Instruments during the 1st quarter valued at about $904,000. Sei Investments Co. increased its position in shares of Veeco Instruments by 210.9% in the first quarter. Sei Investments Co. now owns 73,163 shares of the semiconductor company’s stock worth $2,477,000 after purchasing an additional 49,631 shares during the last quarter. Rokos Capital Management LLP bought a new position in shares of Veeco Instruments in the first quarter worth approximately $3,228,000. Dimensional Fund Advisors LP raised its stake in Veeco Instruments by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,374,292 shares of the semiconductor company’s stock valued at $80,391,000 after purchasing an additional 68,780 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in Veeco Instruments by 14.5% in the first quarter. Assenagon Asset Management S.A. now owns 114,390 shares of the semiconductor company’s stock valued at $3,873,000 after purchasing an additional 14,500 shares in the last quarter. 98.46% of the stock is owned by institutional investors.
Veeco Instruments Stock Performance
NASDAQ VECO opened at $49.67 on Friday. The firm has a market cap of $3.04 billion, a P/E ratio of 137.97 and a beta of 1.37. The company has a quick ratio of 2.69, a current ratio of 3.93 and a debt-to-equity ratio of 0.25. The company’s 50 day moving average is $47.59 and its 200-day moving average is $51.05. Veeco Instruments has a 12-month low of $26.00 and a 12-month high of $86.63.
Veeco Instruments (NASDAQ:VECO – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.26 by $0.07. Veeco Instruments had a net margin of 3.40% and a return on equity of 3.52%. The company had revenue of $193.48 million during the quarter, compared to the consensus estimate of $180.08 million. During the same period last year, the firm earned $0.20 EPS. Veeco Instruments’s revenue for the quarter was up 16.5% on a year-over-year basis. Veeco Instruments has set its FY 2026 guidance at 1.360-1.610 EPS and its Q3 2026 guidance at 0.350-0.490 EPS. Sell-side analysts predict that Veeco Instruments will post 0.95 earnings per share for the current year.
Veeco Instruments Company Profile
Veeco Instruments Inc develops and manufactures specialized equipment used in the production of semiconductors and other advanced electronic components. Its systems support processes such as thin-film deposition, etching, lithography-related applications, and thermal processing, helping manufacturers create and refine microscopic structures on wafers and other materials.
The company’s product portfolio includes metal-organic chemical vapor deposition systems for compound semiconductors, ion beam etch and deposition equipment, laser annealing systems, and other wafer-processing technologies.
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