Veeco Instruments Inc (NASDAQ: VECO) on Tuesday, plunged -3.29% from the previous trading day, before settling in for the closing price of $17.94. Within the past 52 weeks, VECO’s price has moved between $16.98 and $49.25.
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A company in the Technology sector has jumped its sales by 11.66% annually for the last half of the decade. The company achieved an average annual earnings per share of -18.68%. With a float of $56.49 million, this company’s outstanding shares have now reached $56.83 million.
In an organization with 1231 employees, it is important to assess its efficiency. 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
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of Veeco Instruments Inc is 2.49%, while institutional ownership is 104.84%. The most recent insider transaction that took place on Mar 10 ’25, was worth 51,700. In this transaction SVP & CHIEF FINANCIAL OFFICER of this company sold 2,500 shares at a rate of $20.68, taking the stock ownership to the 70,142 shares. Before that another transaction happened on Mar 10 ’25, when Company’s Officer proposed sale 2,500 for $20.66, making the entire transaction worth $51,642.
Veeco Instruments Inc (VECO) Performance Highlights and Predictions
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
Veeco Instruments Inc (VECO) is currently performing well based on its current performance indicators. A quick ratio of 2.60 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.40. Likewise, its price to free cash flow for the trailing twelve months is 22.91.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.03 million. That was better than the volume of 0.76 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.69%. Additionally, its Average True Range was 1.12.
During the past 100 days, Veeco Instruments Inc’s (VECO) raw stochastic average was set at 3.21%, which indicates a significant decrease from 8.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.08% in the past 14 days, which was higher than the 40.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.39, while its 200-day Moving Average is $30.41. However, in the short run, Veeco Instruments Inc’s stock first resistance to watch stands at $18.44. Second resistance stands at $19.53. The third major resistance level sits at $20.29. If the price goes on to break the first support level at $16.59, it is likely to go to the next support level at $15.83. Assuming the price breaks the second support level, the third support level stands at $14.74.
Veeco Instruments Inc (NASDAQ: VECO) Key Stats
Market capitalization of the company is 1.01 billion based on 57,936K outstanding shares. Right now, sales total 717,300 K and income totals 73,710 K. The company made 182,130 K in profit during its latest quarter, and 14,970 K in sales during its previous quarter.
