Veeco Stock Today

VECO
 Stock
  

USD 19.72  0.13  0.65%   

Market Performance
4 of 100
Odds Of Distress
Less than 40
Veeco Instrument is selling for 19.72 as of the 6th of October 2022. This is a -0.65 percent down since the beginning of the trading day. The stock's open price was 19.85. Veeco Instrument has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Veeco Instrument are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of September 2022 and ending today, the 6th of October 2022. Click here to learn more.
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York. The company has 50.5 M outstanding shares of which 2.92 M shares are at this time shorted by private and institutional investors with about 6.64 trading days to cover. More on Veeco Instrument

Moving together with Veeco Instrument

+0.87AMATApplied Materials Fiscal Year End 17th of November 2022 PairCorr
+0.92KLACK L A-Tencor Tech BoostPairCorr
+0.84BLNKBlink Charging Normal TradingPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Veeco Instrument Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Veeco Instrument's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Veeco Instrument or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Latest headline from MacroaxisInsider: Payment of 6226 shares by William Miller of Veeco Instrument subject to Rule 16b-3
ChairmanJohn Peeler
Thematic Ideas
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Average Analyst Recommendation
Analysts covering Veeco Instrument report their recommendations after researching Veeco Instrument's financial statements, talking to executives and customers, or listening in on Veeco Instrument's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Veeco Instrument. The Veeco consensus assessment is calculated by taking the average forecast from all of the analysts covering Veeco Instrument.
Strong Buy4 Opinions
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Veeco Instrument's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Veeco Instrument (VECO) is traded on NASDAQ Exchange in USA and employs 1,091 people. The company currently falls under 'Small-Cap' category with current market capitalization of 995.94 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Veeco Instrument's market, we take the total number of its shares issued and multiply it by Veeco Instrument's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Veeco Instrument conducts business under Technology sector and is part of Semiconductor Equipment & Materials industry. The entity has 50.5 M outstanding shares of which 2.92 M shares are at this time shorted by private and institutional investors with about 6.64 trading days to cover. Veeco Instrument currently holds about 230.9 M in cash with 82.05 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.51.
Check Veeco Instrument Probability Of Bankruptcy
Ownership
Veeco Instrument maintains a total of 50.5 Million outstanding shares. The majority of Veeco Instrument outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Veeco Instrument to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Veeco Instrument. Please pay attention to any change in the institutional holdings of Veeco Instrument as this could imply that something significant has changed or about to change at the company. Also note that roughly five million fifty thousand invesors are currently shorting Veeco Instrument expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Veeco Ownership Details

Veeco Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Veeco Instrument jumping above the current price in 90 days from now is about 67.41%. The Veeco Instrument probability density function shows the probability of Veeco Instrument stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5239. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Veeco Instrument will likely underperform. Additionally, the company has an alpha of 0.2014, implying that it can generate a 0.2 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 19.72HorizonTargetOdds Above 19.72
32.44%90 days
 19.72 
67.41%
Based on a normal probability distribution, the odds of Veeco Instrument to move above the current price in 90 days from now is about 67.41 (This Veeco Instrument probability density function shows the probability of Veeco Stock to fall within a particular range of prices over 90 days) .

Veeco Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Veeco Instrument that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Veeco Instrument's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Veeco Instrument's value.
InstituionSecurity TypeTotal SharesValue
Lynrock Lake LpDebt132.5 M154.9 M
Blackrock IncCommon Shares7.8 M151.4 M
Vanguard Group IncCommon Shares5.4 M104.3 M
View Veeco Instrument Diagnostics

Veeco Instrument Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Veeco Instrument market risk premium is the additional return an investor will receive from holding Veeco Instrument long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Veeco Instrument. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Veeco Instrument's alpha and beta are two of the key measurements used to evaluate Veeco Instrument's performance over the market, the standard measures of volatility play an important role as well.

Veeco Stock Against Markets

Picking the right benchmark for Veeco Instrument stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Veeco Instrument stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Veeco Instrument is critical whether you are bullish or bearish towards Veeco Instrument at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Veeco Instrument without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Veeco Instrument Corporate Directors

Veeco Instrument corporate directors refer to members of a Veeco Instrument board of directors. The board of directors generally takes responsibility for the Veeco Instrument's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Veeco Instrument's board members must vote for the resolution. The Veeco Instrument board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard DAmore - Independent DirectorProfile
Thomas Dennis - Independent DirectorProfile
Peter Simone - Independent DirectorProfile
Keith Jackson - Independent DirectorProfile

Invested in Veeco Instrument?

The danger of trading Veeco Instrument is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Veeco Instrument is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Veeco Instrument. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Veeco Instrument is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Also, please take a look at World Market Map. Note that the Veeco Instrument information on this page should be used as a complementary analysis to other Veeco Instrument's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Veeco Instrument price analysis, check to measure Veeco Instrument's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veeco Instrument is operating at the current time. Most of Veeco Instrument's value examination focuses on studying past and present price action to predict the probability of Veeco Instrument's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Veeco Instrument's price. Additionally, you may evaluate how the addition of Veeco Instrument to your portfolios can decrease your overall portfolio volatility.
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Is Veeco Instrument's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instrument. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instrument listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Veeco Instrument is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instrument's value that differs from its market value or its book value, called intrinsic value, which is Veeco Instrument's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instrument's market value can be influenced by many factors that don't directly affect Veeco Instrument's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instrument's value and its price as these two are different measures arrived at by different means. Investors typically determine Veeco Instrument value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instrument's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.