- Investing.com
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, the company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test companies; and hard disk drive and photonics manufacturers, as well as research centers and universities. It operates in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.
Market Dynamics | Explore Veeco's position in the semiconductor equipment industry amid China's growth moderation and shifting data storage trends |
Financial Health | Delve into Veeco's robust liquidity, profitability, and market valuation, with analyst projections suggesting stable near-term financial outlook |
Strategic Challenges | Uncover how Veeco navigates industry headwinds, including regional market changes and the need for continuous innovation in a competitive landscape |
Growth Prospects | Learn about Veeco's potential in emerging semiconductor technologies, with analyst price targets ranging from $30 to $35, reflecting varied growth expectations |
Metrics to compare | VECO | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipVECOPeersSector | |
---|---|---|---|---|
P/E Ratio | 19.2x | 28.2x | 11.7x | |
PEG Ratio | 0.04 | −3.18 | 0.01 | |
Price/Book | 1.5x | 4.1x | 2.4x | |
Price / LTM Sales | 1.7x | 5.2x | 2.2x | |
Upside (Analyst Target) | 41.9% | 24.1% | 21.4% | |
Fair Value Upside | Unlock | 0.1% | 6.8% | Unlock |