A new trading day began on Tuesday, with Veeco Instruments Inc (NASDAQ: VECO) stock price down -3.67% from the previous day of trading, before settling in for the closing price of $24.26. VECO’s price has ranged from $23.00 to $49.25 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 11.66%. Meanwhile, its annual earnings per share averaged -18.68%. With a float of $56.56 million, this company’s outstanding shares have now reached $56.83 million.
The extent of productivity of a business whose workforce counts for 1231 workers is very important to gauge. In terms of profitability, gross margin is 42.13%, operating margin of 9.41%, and the pretax margin is 9.6%.
Veeco Instruments Inc (VECO) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Veeco Instruments Inc is 2.38%, while institutional ownership is 104.86%. The most recent insider transaction that took place on Feb 10 ’25, was worth 61,275. In this transaction SVP & CHIEF FINANCIAL OFFICER of this company sold 2,500 shares at a rate of $24.51, taking the stock ownership to the 72,642 shares. Before that another transaction happened on Feb 10 ’25, when Company’s Officer proposed sale 2,500 for $24.49, making the entire transaction worth $61,216.
Veeco Instruments Inc (VECO) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.68% per share during the next fiscal year.
Veeco Instruments Inc (NASDAQ: VECO) Trading Performance Indicators
Here are Veeco Instruments Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.89. Likewise, its price to free cash flow for the trailing twelve months is 30.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.23, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.70 in one year’s time.
Technical Analysis of Veeco Instruments Inc (VECO)
The latest stats from [Veeco Instruments Inc, VECO] show that its last 5-days average volume of 0.59 million was inferior to 0.72 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 43.84%. Additionally, its Average True Range was 0.92.
During the past 100 days, Veeco Instruments Inc’s (VECO) raw stochastic average was set at 3.31%, which indicates a significant decrease from 11.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.04% in the past 14 days, which was lower than the 36.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.21, while its 200-day Moving Average is $33.58. Now, the first resistance to watch is $24.20. This is followed by the second major resistance level at $25.03. The third major resistance level sits at $25.47. If the price goes on to break the first support level at $22.94, it is likely to go to the next support level at $22.50. Assuming the price breaks the second support level, the third support level stands at $21.67.
Veeco Instruments Inc (NASDAQ: VECO) Key Stats
With a market capitalization of 1.35 billion, the company has a total of 57,936K Shares Outstanding. Currently, annual sales are 717,300 K while annual income is 73,710 K. The company’s previous quarter sales were 182,130 K while its latest quarter income was 14,970 K.
