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 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.

Veeco Instruments Trading Up 0.9 %

Shares of NASDAQ VECO traded up $0.22 during trading on Friday, hitting $24.49. 106,548 shares of the company were exchanged, compared to its average volume of 711,930. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.41 and a current ratio of 3.54. Veeco Instruments has a 12-month low of $23.00 and a 12-month high of $49.25. The company has a fifty day moving average price of $26.67 and a 200-day moving average price of $30.08. The firm has a market capitalization of $1.39 billion, a PE ratio of 18.20 and a beta of 1.13.

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on VECO shares. Barclays dropped their price objective on shares of Veeco Instruments from $30.00 to $25.00 and set an “equal weight” rating for the company in a report on Thursday. The Goldman Sachs Group cut their price objective on Veeco Instruments from $35.00 to $30.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Oppenheimer reaffirmed an “outperform” rating and issued a $35.00 price target (down previously from $40.00) on shares of Veeco Instruments in a research report on Friday, February 7th. Citigroup lowered their price objective on Veeco Instruments from $33.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Benchmark decreased their price target on shares of Veeco Instruments from $38.00 to $31.00 and set a “buy” rating for the company in a research note on Thursday. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Veeco Instruments currently has an average rating of “Moderate Buy” and a consensus price target of $32.43.

Insider Transactions at Veeco Instruments

In related news, CFO John P. Kiernan sold 2,500 shares of the business’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $24.51, for a total transaction of $61,275.00. Following the sale, the chief financial officer now owns 72,642 shares of the company’s stock, valued at approximately $1,780,455.42. The trade was a 3.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate 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.