Veeco Instruments Stock Price on June 21, 2024

VECO Stock  USD 27.61  0.20  0.72%   
Below is the normalized historical share price chart for Veeco Instruments extending back to November 29, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Veeco Instruments stands at 27.61, as last reported on the 29th of December, with the highest price reaching 27.76 and the lowest price hitting 27.05 during the day.
IPO Date
29th of November 1994
200 Day MA
35.3966
50 Day MA
28.336
Beta
1.169
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Veeco Stock, it is important to understand the factors that can impact its price. Veeco Instruments owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Veeco Instruments exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Veeco Instruments' Risk Adjusted Performance of (0.06), coefficient of variation of (1,124), and Variance of 4.86 to confirm the risk estimate we provide.
  
As of the 29th of December 2024, Other Stockholder Equity is likely to grow to about 1.3 B, while Total Stockholder Equity is likely to drop about 440.6 M. . At this time, Veeco Instruments' Price Earnings To Growth Ratio is very stable compared to the past year. As of the 29th of December 2024, Price To Free Cash Flows Ratio is likely to grow to 52.88, while Price To Sales Ratio is likely to drop 1.54. Veeco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1258

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Veeco Instruments is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Veeco Instruments by adding Veeco Instruments to a well-diversified portfolio.
Price Book
2.0999
Enterprise Value Ebitda
12.4362
Price Sales
2.2108
Shares Float
55.4 M
Wall Street Target Price
35

Veeco Instruments Valuation on June 21, 2024

It is possible to determine the worth of Veeco Instruments on a given historical date. On June 21, 2024 Veeco was worth 46.16 at the beginning of the trading date compared to the closed value of 46.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Veeco Instruments stock. Still, in general, we apply an absolute valuation method to find Veeco Instruments' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Veeco Instruments where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Veeco Instruments' related companies.
 Open High Low Close Volume
  48.17    48.17    45.94    46.60    1,318,826  
06/21/2024
  46.16    46.85    45.10    46.59    1,115,085  
  46.32    46.55    44.55    44.58    890,573  
Backtest Veeco Instruments  |  Veeco Instruments History  |  Veeco Instruments Valuation   PreviousNext  
Open Value
46.16
46.59
Closing Value
52.43
Upside

Veeco Instruments Trading Date Momentum on June 21, 2024

On June 24 2024 Veeco Instruments was traded for  44.58  at the closing time. The top price for the day was 46.55  and the lowest listed price was  44.55 . The trading volume for the day was 890.6 K. The trading history from June 24, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.31% . The trading price change against the current closing price is 0.32% .

Veeco Instruments Fundamentals Correlations and Trends

By evaluating Veeco Instruments' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Veeco Instruments' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Veeco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Veeco Instruments Stock history

Veeco Instruments investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Veeco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Veeco Instruments will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Veeco Instruments stock prices may prove useful in developing a viable investing in Veeco Instruments
Last ReportedProjected for Next Year
Common Stock Shares Outstanding53.8 M35.5 M
Net Income Applicable To Common Shares150.2 M157.8 M

Veeco Instruments Quarterly Net Working Capital

545.81 Million

Veeco Instruments Stock Technical Analysis

Veeco Instruments technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Veeco Instruments technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Veeco Instruments trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Veeco Instruments Period Price Range

Low
December 29, 2024
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High

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Veeco Instruments cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Veeco Instruments December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Veeco Instruments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Veeco Instruments shares will generate the highest return on investment. By undertsting and applying Veeco Instruments stock market strength indicators, traders can identify Veeco Instruments entry and exit signals to maximize returns

Veeco Instruments Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Veeco Instruments' price direction in advance. Along with the technical and fundamental analysis of Veeco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Veeco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Veeco Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veeco Instruments' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veeco Instruments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veeco Instruments Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instruments. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instruments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Earnings Share
1.39
Revenue Per Share
12.611
Quarterly Revenue Growth
0.042
Return On Assets
0.0457
The market value of Veeco Instruments is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instruments' value that differs from its market value or its book value, called intrinsic value, which is Veeco Instruments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instruments' market value can be influenced by many factors that don't directly affect Veeco Instruments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeco Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instruments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.