On Monday, Veeco Instruments Inc (NASDAQ: VECO) was -0.58% drop from the session before settling in for the closing price of $32.82. A 52-week range for VECO has been $23.63 – $49.25.
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During the last 5-year period, the sales growth of Technology Sector giant was 5.60%. When this article was written, the company’s average yearly earnings per share was at 5.02%. With a float of $55.42 million, this company’s outstanding shares have now reached $56.36 million.
Let’s determine the extent of company efficiency that accounts for 1215 employees. In terms of profitability, gross margin is 43.1%, operating margin of 12.2%, and the pretax margin is 12.33%.
Veeco Instruments Inc (VECO) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Veeco Instruments Inc stocks. The insider ownership of Veeco Instruments Inc is 2.41%, while institutional ownership is 108.18%. The most recent insider transaction that took place on Sep 10 ’24, was worth 72,598. In this transaction SVP & CHIEF FINANCIAL OFFICER of this company sold 2,500 shares at a rate of $29.04, taking the stock ownership to the 85,142 shares. Before that another transaction happened on Sep 10 ’24, when Company’s Officer proposed sale 7,500 for $29.54, making the entire transaction worth $221,550.
Veeco Instruments Inc (VECO) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 5.02% per share during the next fiscal year.
Veeco Instruments Inc (NASDAQ: VECO) Trading Performance Indicators
You can see what Veeco Instruments Inc (VECO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.64. Likewise, its price to free cash flow for the trailing twelve months is 65.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.40, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 2.10 in one year’s time.
Technical Analysis of Veeco Instruments Inc (VECO)
Looking closely at Veeco Instruments Inc (NASDAQ: VECO), its last 5-days average volume was 0.63 million, which is a drop from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 38.05%. Additionally, its Average True Range was 1.19.
During the past 100 days, Veeco Instruments Inc’s (VECO) raw stochastic average was set at 19.16%, which indicates a significant decrease from 55.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.21% in the past 14 days, which was lower than the 51.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.23, while its 200-day Moving Average is $36.50. However, in the short run, Veeco Instruments Inc’s stock first resistance to watch stands at $32.91. Second resistance stands at $33.19. The third major resistance level sits at $33.50. If the price goes on to break the first support level at $32.32, it is likely to go to the next support level at $32.00. Now, if the price goes above the second support level, the third support stands at $31.72.
Veeco Instruments Inc (NASDAQ: VECO) Key Stats
There are 56,638K outstanding shares of the company, which has a market capitalization of 1.85 billion. As of now, sales total 666,440 K while income totals -30,370 K. Its latest quarter income was 175,880 K while its last quarter net income were 14,940 K.
