Veeco Instruments (NASDAQ:VECO) Releases Q1 2025 Earnings Guidance

Veeco Instruments (NASDAQ:VECO) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.260-0.360 for the period, compared to the consensus earnings per share estimate of 0.390. The company issued revenue guidance of $155.0 million-$175.0 million, compared to the consensus revenue estimate of $174.3 million.

Analyst Ratings Changes

Several brokerages recently issued reports on VECO. The Goldman Sachs Group cut their price objective on Veeco Instruments from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Oppenheimer reissued an “outperform” rating and issued a $35.00 price target (down previously from $40.00) on shares of Veeco Instruments in a research note on Friday, February 7th. Benchmark cut their price objective on shares of Veeco Instruments from $42.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. StockNews.com upgraded shares of Veeco Instruments from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Finally, Citigroup upgraded shares of Veeco Instruments from a “neutral” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Monday, January 6th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.00.

Veeco Instruments Stock Performance

Shares of Veeco Instruments stock traded down $0.03 on Wednesday, reaching $23.65. The stock had a trading volume of 879,483 shares, compared to its average volume of 672,464. Veeco Instruments has a fifty-two week low of $23.00 and a fifty-two week high of $49.25. The business’s 50-day moving average price is $26.84 and its two-hundred day moving average price is $30.17. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.41 and a current ratio of 3.54. The stock has a market cap of $1.34 billion, a P/E ratio of 17.52 and a beta of 1.13.

Veeco Instruments (NASDAQ:VECO) last released its quarterly earnings results on Wednesday, February 12th. The semiconductor company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). Veeco Instruments had a net margin of 11.34% and a return on equity of 10.92%. On average, sell-side analysts forecast that Veeco Instruments will post 1.12 EPS for the current year.

Insider Activity

In other news, CFO John P. Kiernan sold 2,500 shares of the stock in a transaction on Monday, February 10th. The shares were sold at an average price of $24.51, for a total value of $61,275.00. Following the completion of the transaction, the chief financial officer now owns 72,642 shares in the company, valued at approximately $1,780,455.42. This represents a 3.33 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.40% of the stock is owned by company insiders.

Veeco Instruments Company Profile

Veeco Instruments Inc, together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems.