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.
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.
IPO Date 29th of November 1994 | 200 Day MA 35.3966 | 50 Day MA 28.336 | Beta 1.169 |
Veeco |
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 |
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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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 53.8 M | 35.5 M | |
Net Income Applicable To Common Shares | 150.2 M | 157.8 M |
Veeco Instruments Quarterly Net Working Capital |
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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.
Price Boundaries
Veeco Instruments Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
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.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | (2.30) |
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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.