Veeco Instruments Inc. (VECO): Price and Financial Metrics


Veeco Instruments Inc. (VECO): $23.21

0.21 (+0.91%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

VECO POWR Grades


  • VECO scores best on the Growth dimension, with a Growth rank ahead of 97.09% of US stocks.
  • The strongest trend for VECO is in Sentiment, which has been heading down over the past 31 weeks.
  • VECO's current lowest rank is in the Sentiment metric (where it is better than 41.31% of US stocks).

VECO Stock Summary

  • VECO's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 136.98 -- higher than 79.77% of US-listed equities with positive expected earnings growth.
  • Of note is the ratio of Veeco Instruments Inc's sales and general administrative expense to its total operating expenses; only 23.6% of US stocks have a lower such ratio.
  • Over the past twelve months, VECO has reported earnings growth of -154.4%, putting it ahead of only 13.41% of US stocks in our set.
  • If you're looking for stocks that are quantitatively similar to Veeco Instruments Inc, a group of peers worth examining would be TREE, WETF, AIRG, MCHX, and GDP.
  • Visit VECO's SEC page to see the company's official filings. To visit the company's web site, go to www.veeco.com.

VECO Valuation Summary

  • VECO's EV/EBIT ratio is 61.4; this is 84.66% higher than that of the median Technology stock.
  • Over the past 243 months, VECO's price/earnings ratio has gone down 79.1.
  • Over the past 243 months, VECO's EV/EBIT ratio has gone down 105.1.

Below are key valuation metrics over time for VECO.

Stock Date P/S P/B P/E EV/EBIT
VECO 2018-09-04 1.0 1.0 -2.1 -2.2
VECO 2016-09-22 2.0 1.2 -15.1 -10.9
VECO 2008-11-11 0.5 0.8 -25.5 109.6
VECO 2008-04-23 1.4 2.0 -31.6 -85.9
VECO 2006-04-24 1.8 3.0 -830.3 62.0
VECO 2004-09-17 1.8 2.0 -102.9 1467.8

VECO Growth Metrics

  • Its 2 year revenue growth rate is now at -22.67%.
  • The year over year cash and equivalents growth rate now stands at -13.25%.
  • Its 2 year cash and equivalents growth rate is now at -33.85%.
Over the past 30 months, VECO's revenue has gone down $103,166,000.

The table below shows VECO's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-03-31 483.376 55.902 -5.329
2020-12-31 454.163 43.021 -8.391
2020-09-30 428.419 43.18 -41.16
2020-06-30 425.295 18.275 -53.507
2020-03-31 424.48 12.479 -60.77
2019-12-31 419.349 -7.416 -78.733

VECO Price Target

For more insight on analysts targets of VECO, see our VECO price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $28.33 Average Broker Recommendation 1.33 (Strong Buy)

VECO Stock Price Chart Interactive Chart >

Price chart for VECO

VECO Price/Volume Stats

Current price $23.21 52-week high $25.70
Prev. close $23.00 52-week low $10.58
Day low $22.35 Volume 506,700
Day high $23.40 Avg. volume 377,826
50-day MA $23.30 Dividend yield N/A
200-day MA $20.33 Market Cap 1.16B

Veeco Instruments Inc. (VECO) Company Bio


Veeco Instruments designs, manufactures, and markets thin film equipment to make light emitting diodes, power electronics, wireless devices, hard disk drives, and semiconductors worldwide. The company was founded in 1945 and is based in Plainview, New York.

VECO Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$23.21$4.28 -81%

Below please find a table outlining a discounted cash flow forecast for VECO, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Veeco Instruments Inc ranked in the 19th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Veeco Instruments Inc, consider:

  • The company's balance sheet shows it gets 77% of its capital from equity, and 23% of its capital from debt. Its equity weight surpasses that of only 15.41% of free cash flow generating stocks in the Technology sector.
  • The company's compound free cash flow growth rate over the past 5.76 years comes in at -0.01%; that's greater than just 20.7% of US stocks we're applying DCF forecasting to.
  • Veeco Instruments Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-81%
1%-81%
2%-81%
3%-81%
4%-81%
5%-81%

IPGP, VPG, ANSS, DOX, and PAYC can be thought of as valuation peers to VECO, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.


VECO Latest News Stream


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Latest VECO News From Around the Web

Below are the latest news stories about Veeco Instruments Inc that investors may wish to consider to help them evaluate VECO as an investment opportunity.

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

Veeco (VECO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yahoo | July 27, 2021

5 Best Nanotech Stocks To Snap Up for 10X Potential

Now is the time to invest in nanotech stocks as they look to revolutionize several areas, offering myriad opportunities to businesses.

Faizan Farooque on InvestorPlace | July 23, 2021

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.

Yahoo | July 23, 2021

Veeco Instruments Inc. (VECO): Hedge Funds Are Snapping Up

No summary available.

Insider Monkey | July 21, 2021

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

PLAINVIEW, N.Y., July 15, 2021 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) plans to release its second quarter 2021 financial results after the market closes on Tuesday, August 3, 2021. The company will host a conference call to review these results starting at 5:00pm ET that day. To join the call, dial 1-866-248-8441 (toll free) or 1-929-477-0577 and use passcode 9180705. Participants may also access a live webcast of the call by visiting the investor relations section of Veeco's

Yahoo | July 15, 2021

Read More 'VECO' Stories Here

VECO Price Returns

1-mo -0.30%
3-mo 5.02%
6-mo 15.76%
1-year 62.19%
3-year 100.09%
5-year 23.52%
YTD 33.70%
2020 18.22%
2019 98.18%
2018 -50.10%
2017 -49.06%
2016 41.78%

Continue Researching VECO

Here are a few links from around the web to help you further your research on Veeco Instruments Inc's stock as an investment opportunity:

Veeco Instruments Inc (VECO) Stock Price | Nasdaq
Veeco Instruments Inc (VECO) Stock Quote, History and News - Yahoo Finance
Veeco Instruments Inc (VECO) Stock Price and Basic Information | MarketWatch

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