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Veeco Instruments Inc (NASDAQ: VECO) closed the day trading at $21.31 down -0.56% from the previous closing price of $21.43. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 1.11 million shares were traded.
Ratios:
For a better understanding of VECO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.14. For the most recent quarter (mrq), Quick Ratio is recorded 2.60 and its Current Ratio is at 3.98. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.37.
On July 15, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $45 to $50.
On September 13, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $35.Citigroup initiated its Buy rating on September 13, 2023, with a $35 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 10 ’25 when KIERNAN JOHN P sold 2,500 shares for $24.51 per share. The transaction valued at 61,275 led to the insider holds 72,642 shares of the business.
KIERNAN JOHN P bought 2,500 shares of VECO for $61,216 on Feb 10 ’25. On Jan 10 ’25, another insider, KIERNAN JOHN P, who serves as the SVP & CHIEF FINANCIAL OFFICER of the company, sold 2,500 shares for $27.63 each. As a result, the insider received 69,075 and left with 75,142 shares of the company.
Valuation Measures:
As of this moment, Veeco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.33, and their Forward P/E ratio for the next fiscal year is 12.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 1.57.
Stock Price History:
Over the past 52 weeks, VECO has reached a high of $49.25, while it has fallen to a 52-week low of $20.85. The 50-Day Moving Average of the stock is -16.40%, while the 200-Day Moving Average is calculated to be -35.58%.
Shares Statistics:
A total of 56.83M shares are outstanding, with a floating share count of 56.56M. Insiders hold about 2.38% of the company’s shares, while institutions hold 104.86% stake in the company.
