The stock of Veeco Instruments Inc (NASDAQ: VECO) has increased by 2.53 when compared to last closing price of 23.65.Despite this, the company has seen a loss of -3.99% in its stock price over the last five trading days. zacks.com reported 2025-02-12 that Veeco Instruments (VECO) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.51 per share a year ago.
Is It Worth Investing in Veeco Instruments Inc (NASDAQ: VECO) Right Now?
The price-to-earnings ratio for Veeco Instruments Inc (NASDAQ: VECO) is above average at 18.15x, Company’s 36-month beta value is 1.22.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for VECO is 54.89M, and currently, short sellers hold a 12.13% ratio of that floaft. The average trading volume of VECO on February 13, 2025 was 634.00K shares.
VECO’s Market Performance
The stock of Veeco Instruments Inc (VECO) has seen a -3.99% decrease in the past week, with a -7.65% drop in the past month, and a -13.79% fall in the past quarter. The volatility ratio for the week is 4.08%, and the volatility levels for the past 30 days are at 3.71% for VECO. The simple moving average for the last 20 days is -4.19% for VECO’s stock, with a simple moving average of -28.67% for the last 200 days.
Analysts’ Opinion of VECO
Many brokerage firms have already submitted their reports for VECO stocks, with Citigroup repeating the rating for VECO by listing it as a “Buy.” The predicted price for VECO in the upcoming period, according to Citigroup is $33 based on the research report published on January 06, 2025 of the current year 2025.
Citigroup, on the other hand, stated in their research note that they expect to see VECO reach a price target of $50, previously predicting the price at $45. The rating they have provided for VECO stocks is “Neutral” according to the report published on July 15th, 2024.
Citigroup gave a rating of “Buy” to VECO, setting the target price at $35 in the report published on September 13th of the previous year.
VECO Trading at -9.40% from the 50-Day Moving Average
After a stumble in the market that brought VECO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.78% of loss for the given period.
Volatility was left at 3.71%, however, over the last 30 days, the volatility rate increased by 4.08%, as shares sank -9.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.85% lower at present.
During the last 5 trading sessions, VECO fell by -3.80%, which changed the moving average for the period of 200-days by -30.92% in comparison to the 20-day moving average, which settled at $25.30. In addition, Veeco Instruments Inc saw -9.54% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VECO starting from KIERNAN JOHN P, who sale 2,500 shares at the price of $24.51 back on Feb 10 ’25. After this action, KIERNAN JOHN P now owns 72,642 shares of Veeco Instruments Inc, valued at $61,275 using the latest closing price.
KIERNAN JOHN P, the Officer of Veeco Instruments Inc, proposed sale 2,500 shares at $24.49 during a trade that took place back on Feb 10 ’25, which means that KIERNAN JOHN P is holding shares at $61,216 based on the most recent closing price.
Stock Fundamentals for VECO
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.43 for the gross margin
The net margin for Veeco Instruments Inc stands at 0.11. The total capital return value is set at 0.08. Equity return is now at value 11.78, with 6.50 for asset returns.
Based on Veeco Instruments Inc (VECO), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is 7.74.
Currently, EBITDA for the company is 8.4 million with net debt to EBITDA at 1.24. When we switch over and look at the enterprise to sales, we see a ratio of 2.14. The receivables turnover for the company is 4.35for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.54.
Conclusion
In a nutshell, Veeco Instruments Inc (VECO) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
