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.

Wall Street Analysts Forecast Growth

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

Veeco Instruments Trading Down 0.1 %

Shares of VECO stock traded down $0.03 during trading hours on Wednesday, reaching $23.65. The company’s stock had a trading volume of 879,483 shares, compared to its average volume of 672,464. The company has a current ratio of 3.54, a quick ratio of 2.41 and a debt-to-equity ratio of 0.33. Veeco Instruments has a one year low of $23.00 and a one year high of $49.25. The stock has a market capitalization of $1.34 billion, a P/E ratio of 17.52 and a beta of 1.13. The firm’s fifty day simple moving average is $26.84 and its 200 day simple moving average is $30.17.

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

Insider Activity

In related news, CFO John P. Kiernan sold 2,500 shares of Veeco Instruments stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $27.63, for a total transaction of $69,075.00. Following the sale, the chief financial officer now directly owns 75,142 shares in the company, valued at $2,076,173.46. The trade was a 3.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 2.40% of the company’s stock.

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.