Veeco Instruments Inc. (VECO) Analysts See $-0.04 EPS as of May, 3

April 16, 2018 - By Nadine Davis

Veeco Instruments Inc. (NASDAQ:VECO) Corporate Logo
During Q4 2017 the big money sentiment is 1.04. That’s change of 2017Q3’s as. 28 investors sold all, 43 reduced holdings as Veeco Instruments Inc. ratio is without change. 47 increased stakes while only 27 funds bought stakes. Funds hold 43.70 million shares thus 5.49% less from 2017Q3’s 46.24 million shares.
Citadel Advisors Ltd reported 96,605 shs. Quantbot Technologies L P invested 0.02% of its capital in Veeco Instruments Inc. (NASDAQ:VECO). Pdts Partners Ltd Liability Com reported 205,008 shs. Los Angeles Equity holds 0% of its capital in Veeco Instruments Inc. (NASDAQ:VECO) for 44,131 shs. Geode Cap Mngmt Lc invested in 0% or 439,767 shs. Parkside Fincl Bank & Tru has 0% invested in Veeco Instruments Inc. (NASDAQ:VECO). Teacher Retirement Of Texas stated it has 16,899 shs. 1.01 million were reported by Clearbridge Ltd Com. Prudential invested in 0% or 78,554 shs. South Dakota Invest Council reported 0.01% in Veeco Instruments Inc. (NASDAQ:VECO). Quentec Asset Mgmt Ltd Liability Company stated it has 0.41% in Veeco Instruments Inc. (NASDAQ:VECO). Raymond James And Assocs accumulated 26,059 shs or 0% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 2,756 shs. Moreover, Voya Inv Limited Com has 0% invested in Veeco Instruments Inc. (NASDAQ:VECO) for 21,585 shs. Pennsylvania-based Sei Invests has invested 0% in Veeco Instruments Inc. (NASDAQ:VECO).

On May, 3. Investors wait Veeco Instruments Inc. (NASDAQ:VECO) to report its quarterly earnings, as reported by Faxor. Analysts have anticipation on stock’s EPS of $-0.04. That’s down 300.00 % from last year’s $-0.01 EPS. After $0.10 EPS was reported last quarter, analysts now see negative EPS growth of -140.00 % for Veeco Instruments Inc.. On during the last trading session the stock increased $0.05 or 0.29%, reaching $17.25.Veeco Instruments Inc. has volume of 44,428 shares. Since April 16, 2017 VECO has declined 42.98% and is downtrending. VECO underperformed the S&P 500 by 54.53%.

Veeco Instruments Inc. (NASDAQ:VECO) Ratings Coverage

In total 3 analysts cover Veeco Instruments (NASDAQ:VECO). “Buy” rating has 2, “Sell” are 0, while 1 are “Hold”. 67% are bullish. 4 are the (NASDAQ:VECO)’s analyst reports since October 24, 2017 according to StockzIntelligence Inc. On Friday, November 3 the stock has “Buy” rating by Benchmark. On Tuesday, October 24 the stock of Veeco Instruments Inc. (NASDAQ:VECO) earned “Sector Weight” rating by KeyBanc Capital Markets. On Friday, December 8 the stock of Veeco Instruments Inc. (NASDAQ:VECO) has “Buy” rating given by Benchmark. On Friday, November 3 the stock has “Buy” rating by Needham.

Veeco Instruments Inc., together with its subsidiaries, designs, develops, makes, markets, and supports thin film process equipment to make light emitting diodes , micro-electromechanical systems (MEMS), power electronics, wireless devices, hard disk drives (HDDs), and semiconductor devices worldwide.The company has $830.17 million market cap. It offers metal organic chemical vapor deposition systems; precision surface processing systems; ion beam etch and deposition systems; molecular beam epitaxy systems; and other deposition and industrial products, as well as support services.Currently it has negative earnings. The firm sells its products to LED, MEMS, outsourced semiconductor assembly and test, HDD, and semiconductor manufacturers, as well as research centers and universities.

Veeco Instruments Inc. (NASDAQ:VECO) Institutional Investors Chart

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