Veeco Instruments (VECO) and Its Peers Financial Contrast

Veeco Instruments (NASDAQ: VECO) is one of 105 public companies in the “Semiconductors” industry, but how does it weigh in compared to its rivals? We will compare Veeco Instruments to related companies based on the strength of its earnings, institutional ownership, profitability, dividends, valuation, risk and analyst recommendations.

Profitability

This table compares Veeco Instruments and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Veeco Instruments -23.65% -1.33% -0.91%
Veeco Instruments Competitors -45.94% 1.33% 0.70%

Risk and Volatility

Veeco Instruments has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500. Comparatively, Veeco Instruments’ rivals have a beta of 1.07, indicating that their average stock price is 7% more volatile than the S&P 500.

Institutional and Insider Ownership

96.0% of Veeco Instruments shares are owned by institutional investors. Comparatively, 66.9% of shares of all “Semiconductors” companies are owned by institutional investors. 2.9% of Veeco Instruments shares are owned by company insiders. Comparatively, 6.2% of shares of all “Semiconductors” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Veeco Instruments and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Veeco Instruments $388.54 million $4.60 million -9.33
Veeco Instruments Competitors $4.56 billion $1.34 billion 82.16

Veeco Instruments’ rivals have higher revenue and earnings than Veeco Instruments. Veeco Instruments is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of current ratings and target prices for Veeco Instruments and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Veeco Instruments 0 2 7 0 2.78
Veeco Instruments Competitors 908 4732 8663 361 2.58

Veeco Instruments currently has a consensus target price of $30.38, suggesting a potential upside of 40.95%. As a group, “Semiconductors” companies have a potential upside of 9.05%. Given Veeco Instruments’ stronger consensus rating and higher probable upside, equities research analysts plainly believe Veeco Instruments is more favorable than its rivals.

Summary

Veeco Instruments rivals beat Veeco Instruments on 7 of the 12 factors compared.

Veeco Instruments Company Profile

Veeco Instruments Inc. is engaged in the design, development, manufacture and support of thin film process equipment, primarily sold to make electronic devices. The Company’s geographical segments include the United States; China; Europe, Middle East and Africa (EMEA), and Rest of World (ROW). The Company’s portfolio of technology solutions focus on market areas, including Lighting, Display & Power Electronics; Advanced Packaging, micro-electromechanical systems (MEMS) & radio frequency (RF); Scientific & Industrial, and Data Storage. The Company’s equipment is used to make electronic devices, including light emitting diodes (LEDs), MEMS, wireless devices, power electronics, hard disk drives (HDDs) and semiconductor devices. The Company’s System products include 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.

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