Veeco Instruments Inc. (VECO)
Veeco Instruments Statistics
Share Statistics
Veeco Instruments has 57.94M shares outstanding. The number of shares has increased by 2.29% in one year.
| Shares Outstanding | 57.94M |
| Shares Change (YoY) | 2.29% |
| Shares Change (QoQ) | 2.04% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 56.49M |
| Failed to Deliver (FTD) Shares | 18.7K |
| FTD / Avg. Volume | 2.52% |
Short Selling Information
The latest short interest is 6M, so 10.57% of the outstanding shares have been sold short.
| Short Interest | 6M |
| Short % of Shares Out | 10.57% |
| Short % of Float | 10.83% |
| Short Ratio (days to cover) | 9.98 |
Valuation Ratios
The PE ratio is 20.51 and the forward PE ratio is 14.38. Veeco Instruments's PEG ratio is -0.06.
| PE Ratio | 20.51 |
| Forward PE | 14.38 |
| PS Ratio | 2.11 |
| Forward PS | 1.4 |
| PB Ratio | 1.96 |
| P/FCF Ratio | 33.09 |
| PEG Ratio | -0.06 |
Enterprise Valuation
Veeco Instruments Inc. has an Enterprise Value (EV) of 1.82B.
| EV / Earnings | 24.69 |
| EV / Sales | 2.54 |
| EV / EBITDA | 17.33 |
| EV / EBIT | 27.17 |
| EV / FCF | 39.82 |
Financial Position
The company has a current ratio of 3.98, with a Debt / Equity ratio of 0.4.
| Current Ratio | 3.98 |
| Quick Ratio | 2.69 |
| Debt / Equity | 0.4 |
| Total Debt / Capitalization | 28.72 |
| Cash Flow / Debt | 0.21 |
| Interest Coverage | 6.06 |
Financial Efficiency
Return on equity (ROE) is 0.1% and return on capital (ROIC) is 6.63%.
| Return on Equity (ROE) | 0.1% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 6.63% |
| Revenue Per Employee | $582,697.81 |
| Profits Per Employee | $59,881.4 |
| Employee Count | 1,231 |
| Asset Turnover | 0.57 |
| Inventory Turnover | 1.68 |
Taxes
| Income Tax | -4.88M |
| Effective Tax Rate | -0.07 |
Stock Price Statistics
The stock price has increased by -43.67% in the last 52 weeks. The beta is 1.23, so Veeco Instruments's price volatility has been higher than the market average.
| Beta | 1.23 |
| 52-Week Price Change | -43.67% |
| 50-Day Moving Average | 23.29 |
| 200-Day Moving Average | 31.25 |
| Relative Strength Index (RSI) | 33.14 |
| Average Volume (20 Days) | 742.88K |
Income Statement
In the last 12 months, Veeco Instruments had revenue of 717.3M and earned 73.71M in profits. Earnings per share was 1.27.
| Revenue | 717.3M |
| Gross Profit | 304M |
| Operating Income | 66.98M |
| Net Income | 73.71M |
| EBITDA | 105.02M |
| EBIT | 66.98M |
| Earnings Per Share (EPS) | 1.27 |
Balance Sheet
The company has 145.59M in cash and 310.52M in debt, giving a net cash position of -164.92M.
| Cash & Cash Equivalents | 145.59M |
| Total Debt | 310.52M |
| Net Cash | -164.92M |
| Retained Earnings | -458.45M |
| Total Assets | 1.25B |
| Working Capital | 572.25M |
Cash Flow
In the last 12 months, operating cash flow was 63.81M and capital expenditures -18.11M, giving a free cash flow of 45.7M.
| Operating Cash Flow | 63.81M |
| Capital Expenditures | -18.11M |
| Free Cash Flow | 45.7M |
| FCF Per Share | 0.81 |
Margins
Gross margin is 42.38%, with operating and profit margins of 9.34% and 10.28%.
| Gross Margin | 42.38% |
| Operating Margin | 9.34% |
| Pretax Margin | 9.6% |
| Profit Margin | 10.28% |
| EBITDA Margin | 14.64% |
| EBIT Margin | 9.34% |
| FCF Margin | 6.37% |
Dividends & Yields
VECO does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 6.32% |
| FCF Yield | 3.92% |
Analyst Forecast
The average price target for VECO is $30, which is 49.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $30 |
| Price Target Difference | 49.2% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 2.36 |
| Piotroski F-Score | 6 |