Veeco Instruments Inc (NASDAQ: VECO) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.26 versus $0.39 for the same period a year ago — a decline of -33%. This result fell short of the consensus estimate of $0.40 by $-0.14. For the latest four quarters through December 31, E.P.S. were $1.31 versus $-0.56 for the same period a year ago.
Recent Price Action
Veeco Instruments Inc (NASDAQ: VECO) stock closed at $23.65 on 2/12/25 after a slight decline of -0.1%. Moreover, this decline was accompanied by above average trading volume at 140% of normal. The stock has declined -6.9% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Veeco Instruments has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Veeco Instruments has a neutral Appreciation Score of 56 but a very low Power Rating of 2, triggering the Lowest Value Trend Rating.
Rating Review
In light of this discouraging new earnings information and negative market action we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
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