Veeco Instruments Inc. (VECO)
Veeco Instruments Statistics
Share Statistics
Veeco Instruments has 56.78M shares outstanding. The number of shares has increased by 0.83% in one year.
| Shares Outstanding | 56.78M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.01% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 54.89M |
| Failed to Deliver (FTD) Shares | 42 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 6.00M, so 10.57% of the outstanding shares have been sold short.
| Short Interest | 6.00M |
| Short % of Shares Out | 10.57% |
| Short % of Float | 10.83% |
| Short Ratio (days to cover) | 9.98 |
Valuation Ratios
The PE ratio is -54.94 and the forward PE ratio is 14.38.
| PE Ratio | -54.94 |
| Forward PE | 14.38 |
| PS Ratio | 2.5 |
| Forward PS | 1.8 |
| PB Ratio | 2.48 |
| P/FCF Ratio | 49.44 |
| PEG Ratio | n/a |
Enterprise Valuation
Veeco Instruments Inc. has an Enterprise Value (EV) of 1.82B.
| EV / Earnings | -59.93 |
| EV / Sales | 2.73 |
| EV / EBITDA | 216.7 |
| EV / EBIT | 26.02 |
| EV / FCF | 53.93 |
Financial Position
The company has a current ratio of 3.24, with a Debt / Equity ratio of 0.46.
| Current Ratio | 3.24 |
| Quick Ratio | 2.15 |
| Debt / Equity | 0.46 |
| Total Debt / Capitalization | 31.59 |
| Cash Flow / Debt | 0.2 |
| Interest Coverage | 5.94 |
Financial Efficiency
Return on equity (ROE) is -0.05% and return on capital (ROIC) is 7.63%.
| Return on Equity (ROE) | -0.05% |
| Return on Assets (ROA) | -0.02% |
| Return on Capital (ROIC) | 7.63% |
| Revenue Per Employee | 548.51K |
| Profits Per Employee | -24.99K |
| Employee Count | 1.22K |
| Asset Turnover | 0.54 |
| Inventory Turnover | 1.6 |
Taxes
| Income Tax | 2.03M |
| Effective Tax Rate | -0.07 |
Stock Price Statistics
The stock price has increased by -29.11% in the last 52 weeks. The beta is 1.17, so Veeco Instruments 's price volatility has been higher than the market average.
| Beta | 1.17 |
| 52-Week Price Change | -29.11% |
| 50-Day Moving Average | 26.98 |
| 200-Day Moving Average | 34.15 |
| Relative Strength Index (RSI) | 40.49 |
| Average Volume (20 Days) | 616.52K |
Income Statement
In the last 12 months, Veeco Instruments had revenue of 666.43M and earned -30.37M in profits. Earnings per share was -0.56.
| Revenue | 666.43M |
| Gross Profit | 285.06M |
| Operating Income | 69.94M |
| Net Income | -30.37M |
| EBITDA | 8.40M |
| EBIT | 69.94M |
| Earnings Per Share (EPS) | -0.56 |
Balance Sheet
The company has 158.78M in cash and 310.50M in debt, giving a net cash position of -151.71M.
| Cash & Cash Equivalents | 158.78M |
| Total Debt | 310.50M |
| Net Cash | -151.71M |
| Retained Earnings | -532.17M |
| Total Assets | 1.27B |
| Working Capital | 545.81M |
Cash Flow
In the last 12 months, operating cash flow was 61.67M and capital expenditures -27.93M, giving a free cash flow of 33.74M.
| Operating Cash Flow | 61.67M |
| Capital Expenditures | -27.93M |
| Free Cash Flow | 33.74M |
| FCF Per Share | 0.63 |
Margins
Gross margin is 42.77%, with operating and profit margins of 10.49% and -4.56%.
| Gross Margin | 42.77% |
| Operating Margin | 10.49% |
| Pretax Margin | -4.25% |
| Profit Margin | -4.56% |
| EBITDA Margin | 1.26% |
| EBIT Margin | 10.49% |
| FCF Margin | 5.06% |
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 | -2.28% |
| FCF Yield | 2.42% |
Analyst Forecast
The average price target for VECO is $35, which is 42.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $35 |
| Price Target Difference | 42.3% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 2.44 |
| Piotroski F-Score | 6 |