Veeco Instruments Inc. (VECO) Analysts See $-0.02 EPS

February 14, 2018 - By marketbeat

 Veeco Instruments Inc. (VECO) Analysts See $ 0.02 EPS
Investors sentiment decreased to 1.04 in Q3 2017. Its down 1.69, from 2.73 in 2017Q2. It dived, as 33 investors sold Veeco Instruments Inc. shares while 43 reduced holdings. 20 funds opened positions while 59 raised stakes. 46.24 million shares or 2.00% more from 45.34 million shares in 2017Q2 were reported.
Wells Fargo And Mn stated it has 0% in Veeco Instruments Inc. (NASDAQ:VECO). Ameriprise Finance owns 251,415 shares for 0% of their portfolio. Geode Mgmt Ltd Com holds 0% in Veeco Instruments Inc. (NASDAQ:VECO) or 429,955 shares. Northern Trust accumulated 0% or 601,000 shares. Systematic Financial Management L P stated it has 24,570 shares. Morgan Stanley stated it has 179,456 shares. Parametric Port Associates Ltd Com invested 0% of its portfolio in Veeco Instruments Inc. (NASDAQ:VECO). Clearbridge Invests Limited Company has 0.02% invested in Veeco Instruments Inc. (NASDAQ:VECO). Louisiana State Employees Retirement stated it has 0.02% of its portfolio in Veeco Instruments Inc. (NASDAQ:VECO). Symphony Asset Ltd Liability stated it has 0.06% of its portfolio in Veeco Instruments Inc. (NASDAQ:VECO). Northwestern Mutual Wealth Mngmt reported 7 shares. Rice Hall James Assoc owns 0.07% invested in Veeco Instruments Inc. (NASDAQ:VECO) for 70,048 shares. Advent Cap Management De holds 20,000 shares. Tower Cap Lc (Trc) stated it has 8,448 shares or 0.01% of all its holdings. Moreover, Great West Life Assurance Can has 0% invested in Veeco Instruments Inc. (NASDAQ:VECO).

Analysts expect Veeco Instruments Inc. (NASDAQ:VECO) to report $-0.02 EPS on February, 15.After having $-0.04 EPS previously, Veeco Instruments Inc.’s analysts see -50.00 % EPS growth. The stock increased 13.91% or $2.1 during the last trading session, reaching $17.2. About 3.58M shares traded or 303.57% up from the average. Veeco Instruments Inc. (NASDAQ:VECO) has risen 94.55% since February 14, 2017 and is uptrending. It has outperformed by 77.85% the S&P500.

Veeco Instruments Inc. (NASDAQ:VECO) Ratings Coverage

Among 13 analysts covering Veeco Instruments (NASDAQ:VECO), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Veeco Instruments had 31 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Benchmark on Monday, August 7 with “Buy”. The stock of Veeco Instruments Inc. (NASDAQ:VECO) has “Buy” rating given on Wednesday, January 11 by Benchmark. As per Thursday, August 3, the company rating was maintained by Oppenheimer. The stock has “Hold” rating by Summit Research on Friday, December 11. The stock of Veeco Instruments Inc. (NASDAQ:VECO) earned “Buy” rating by Benchmark on Thursday, October 29. JP Morgan downgraded Veeco Instruments Inc. (NASDAQ:VECO) on Thursday, October 29 to “Neutral” rating. KeyBanc Capital Markets maintained the shares of VECO in report on Thursday, October 12 with “Buy” rating. Needham maintained Veeco Instruments Inc. (NASDAQ:VECO) rating on Friday, November 3. Needham has “Buy” rating and $22.0 target. The stock has “Hold” rating by Deutsche Bank on Friday, August 4. The firm has “Buy” rating given on Friday, December 8 by Benchmark.

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 market cap of $830.79 million. 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. It currently 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.

More notable recent Veeco Instruments Inc. (NASDAQ:VECO) news were published by: which released: “Veeco Instruments reports sharply higher 4Q revenue” on February 12, 2018, also with their article: “Why Veeco Instruments Inc. Stock Jumped on Tuesday” published on February 13, 2018, published: “Veeco Instruments settles patent issue with competitors” on February 09, 2018. More interesting news about Veeco Instruments Inc. (NASDAQ:VECO) were released by: and their article: “Veeco Instruments Inc. to Host Earnings Call” published on February 12, 2018 as well as‘s news article titled: “Sino IP Office Rules in Favor of AMEC by Rendering Veeco Instruments …” with publication date: January 26, 2018.

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