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

Veeco Instruments (NASDAQ:VECO) updated its first quarter 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.260-0.360 for the period, compared to the consensus EPS 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.

Veeco Instruments Trading Up 1.5 %

NASDAQ:VECO traded up $0.36 during trading hours on Thursday, reaching $24.01. 967,274 shares of the company were exchanged, compared to its average volume of 677,362. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 17.78 and a beta of 1.13. The stock has a 50 day simple moving average of $26.74 and a 200 day simple moving average of $30.12. Veeco Instruments has a 52-week low of $23.00 and a 52-week high of $49.25. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.54 and a quick ratio of 2.41.

Veeco Instruments (NASDAQ:VECO) last issued its earnings results on Wednesday, February 12th. The semiconductor company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). Veeco Instruments had a return on equity of 10.92% and a net margin of 11.34%. As a group, analysts predict that Veeco Instruments will post 1.12 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Citigroup raised shares of Veeco Instruments from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a research note on Monday, January 6th. Barclays reduced their price objective on shares of Veeco Instruments from $30.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Thursday. StockNews.com upgraded Veeco Instruments from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Needham & Company LLC dropped their target price on Veeco Instruments from $35.00 to $29.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, The Goldman Sachs Group reduced their price target on shares of Veeco Instruments from $35.00 to $30.00 and set a “neutral” rating for the company 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, the stock has a consensus rating of “Moderate Buy” and an average target price of $32.86.

Insiders Place Their Bets

In other news, CFO John P. Kiernan sold 2,500 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer now directly owns 75,142 shares of the company’s stock, valued at approximately $2,076,173.46. This trade represents a 3.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.40% of the stock is currently owned by 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.