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Veeco Instruments Inc

VECO
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60.200USD
-1.260-2.05%
Market hours ETQuotes delayed by 15 min
3.67BMarket Cap
156.53P/E TTM

Veeco Instruments Inc

60.200
-1.260-2.05%
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Intraday
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D

Today

-2.05%

5 Days

+21.52%

1 Month

+50.35%

6 Months

+98.42%

Year to Date

+110.64%

1 Year

+185.99%

Key Insights

Veeco Instruments Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 14 out of 106 in the Semiconductors & Semiconductor Equipment industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 46.50.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Veeco Instruments Inc's Score

Industry at a Glance

Industry Ranking
14 / 106
Overall Ranking
69 / 4490
Industry
Semiconductors & Semiconductor Equipment

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Veeco Instruments Inc Highlights

StrengthsRisks
Veeco Instruments Inc. is a manufacturer of semiconductor process equipment. The Company's laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies are used in the fabrication and packaging of advanced semiconductor devices. Such devices include advanced node application processors for artificial intelligence (AI) chips, high-performance computing, mobile devices, high-speed data communications, and radio frequency (RF) filters and power amplifiers for fifth generation (5G) networks and mobile electronics, photonics devices for 3D sensing, advanced displays, and thin film magnetic heads for hard disk drives in data storage. The Company has comprehensive sales and service operations across the Asia-Pacific, Europe, and North America regions. Its products are purchased by customers in four end-markets: semiconductor, compound semiconductor, data storage, and scientific & other.
Overvalued
The company’s latest PB is 4.24, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 71.81M shares, decreasing 7.06% quarter-over-quarter.
Held by CI Select Canadian Equity Fund
Star Investor CI Select Canadian Equity Fund holds 4.57K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 1.02.

Analyst Rating

Based on 4 analysts
Buy
Current Rating
46.500
Target Price
-21.74%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Veeco Instruments Inc News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Veeco Instruments Inc Info

Veeco Instruments Inc. is a manufacturer of semiconductor process equipment. The Company's laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies are used in the fabrication and packaging of advanced semiconductor devices. Such devices include advanced node application processors for artificial intelligence (AI) chips, high-performance computing, mobile devices, high-speed data communications, and radio frequency (RF) filters and power amplifiers for fifth generation (5G) networks and mobile electronics, photonics devices for 3D sensing, advanced displays, and thin film magnetic heads for hard disk drives in data storage. The Company has comprehensive sales and service operations across the Asia-Pacific, Europe, and North America regions. Its products are purchased by customers in four end-markets: semiconductor, compound semiconductor, data storage, and scientific & other.
Ticker SymbolVECO
CompanyVeeco Instruments Inc
CEOMiller (William J)
Website
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