Veeco Instruments Inc.
General ticker "VECO" information:
- Sector: Information Technology
- Industry: Semiconductors & Semiconductor Equipment
- Capitalization: $1.6B
Veeco Instruments Inc. follows the US Stock Market performance with the rate: 23.3%.
Estimated limits based on current volatility of 2.2%: low 27.23$, high 28.44$
Factors to consider:
- China accounted for 32.7% of revenue in the fiscal year ended 2023-12-31
- US accounted for 24.4% of revenue in the fiscal year ended 2023-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [25.60$, 40.40$]
- 2024-12-30 to 2025-12-30 estimated range: [26.27$, 41.73$]
Financial Metrics affecting the VECO estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.70
- Negative: negative Net income
- Negative: Inventory ratio change, % of 4.25 > 1.08
- Negative: Industry operating cash flow per share per price (median), % of 2.65 <= 3.85
- Positive: 9.05 < Operating profit margin, % of 10.51
- Positive: -3.48 < Investing cash flow per share, $ of -0.99
- Negative: Industry inventory ratio change (median), % of 1.53 > 0.49
Short-term VECO quotes
Long-term VECO plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $583.21MM | $645.82MM | $665.41MM |
| Operating Expenses | $526.50MM | $585.52MM | $595.47MM |
| Operating Income | $56.71MM | $60.30MM | $69.94MM |
| Non-Operating Income | $-31.03MM | $-9.31MM | $-98.28MM |
| Interest Expense | $26.02MM | $9.31MM | $11.77MM |
| R&D Expense | $88.68MM | $103.56MM | $112.85MM |
| Income(Loss) | $25.68MM | $50.98MM | $-28.34MM |
| Taxes | $-0.36MM | $-115.96MM | $2.03MM |
| Profit(Loss) | $26.04MM | $166.94MM | $-30.37MM |
| Stockholders Equity | $437.63MM | $577.82MM | $672.44MM |
| Inventory | $170.86MM | $206.91MM | $237.63MM |
| Assets | $898.98MM | $1,128.18MM | $1,229.04MM |
| Operating Cash Flow | $67.74MM | $108.48MM | $61.67MM |
| Capital expenditure | $40.64MM | $24.60MM | $27.93MM |
| Investing Cash Flow | $44.53MM | $-68.88MM | $-53.33MM |
| Financing Cash Flow | $-122.03MM | $-4.55MM | $-4.68MM |
| Earnings Per Share* | $0.53 | $3.35 | $-0.56 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.