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The place Veeco Devices Stands With Analysts – Veeco Devices (NASDAQ:VECO)



All through the final three months, 6 analysts have evaluated Veeco Devices VECO, providing a various set of opinions from bullish to bearish.

The desk under offers a snapshot of their latest scores, showcasing how sentiments have advanced over the previous 30 days and evaluating them to the previous months.

Bullish Considerably Bullish Detached Considerably Bearish Bearish
Complete Scores 1 2 3 0 0
Final 30D 0 0 1 0 0
1M In the past 0 1 0 0 0
2M In the past 0 0 0 0 0
3M In the past 1 1 2 0 0

The 12-month value targets, analyzed by analysts, supply insights with a mean goal of $45.0, a excessive estimate of $55.00, and a low estimate of $35.00. This present common displays a rise of 12.02% from the earlier common value goal of $40.17.

Investigating Analyst Scores: An Elaborate Research

In inspecting latest analyst actions, we acquire insights into how monetary specialists understand Veeco Devices. The next abstract outlines key analysts, their latest evaluations, and changes to scores and value targets.

Analyst Analyst Agency Motion Taken Score Present Worth Goal Prior Worth Goal
Atif Malik Citigroup Raises Impartial $50.00 $45.00
Rick Schafer Oppenheimer Raises Outperform $55.00 $45.00
Rick Schafer Oppenheimer Raises Outperform $45.00 $40.00
Brian Lee Goldman Sachs Raises Impartial $39.00 $35.00
Tom O’Malley Barclays Raises Equal-Weight $35.00 $33.00
Charles Shi Needham Raises Purchase $46.00 $43.00

Key Insights:

  • Motion Taken: In response to dynamic market circumstances and firm efficiency, analysts replace their suggestions. Whether or not they ‘Preserve’, ‘Increase’, or ‘Decrease’ their stance, it signifies their response to latest developments associated to Veeco Devices. This perception provides a snapshot of analysts’ views on the present state of the corporate.
  • Score: Providing insights into predictions, analysts assign qualitative values, from ‘Outperform’ to ‘Underperform’. These scores convey expectations for the relative efficiency of Veeco Devices in comparison with the broader market.
  • Worth Targets: Understanding forecasts, analysts supply estimates for Veeco Devices’s future worth. Analyzing the present and prior targets offers perception into analysts’ altering expectations.

Contemplating these analyst evaluations along with different monetary indicators can supply a complete understanding of Veeco Devices’s market place. Keep knowledgeable and make well-informed choices with our Scores Desk.

Keep updated on Veeco Devices analyst scores.

Discovering Veeco Devices: A Nearer Look

Veeco Devices Inc is a United States-based firm that’s principally engaged in designing, creating, and manufacturing thin-film course of tools, which is especially used to supply digital gadgets. The corporate’s product classes by market encompass lighting, show, and energy electronics; superior packaging; MEMS and RF; scientific and industrial; and information storage. The lighting, show, and energy electronics market accounts for over half of the whole income. The corporate affords services in the US; China; Europe, the Center East, and Africa, or EMEA; and the remainder of the world, with abroad markets contributing the vast majority of whole income.

Monetary Insights: Veeco Devices

Market Capitalization: Indicating a lowered dimension in comparison with trade averages, the corporate’s market capitalization poses distinctive challenges.

Income Progress: Veeco Devices’s income development over a interval of three months has been noteworthy. As of 31 March, 2024, the corporate achieved a income development price of roughly 13.67%. This means a considerable enhance within the firm’s top-line earnings. As in comparison with opponents, the corporate surpassed expectations with a development price larger than the typical amongst friends within the Data Know-how sector.

Web Margin: Veeco Devices’s web margin excels past trade benchmarks, reaching 12.82%. This signifies environment friendly price administration and robust monetary well being.

Return on Fairness (ROE): Veeco Devices’s monetary power is mirrored in its distinctive ROE, which exceeds trade averages. With a outstanding ROE of 3.29%, the corporate showcases environment friendly use of fairness capital and robust monetary well being.

Return on Property (ROA): Veeco Devices’s ROA surpasses trade requirements, highlighting the corporate’s distinctive monetary efficiency. With a powerful 1.82% ROA, the corporate successfully makes use of its belongings for optimum returns.

Debt Administration: Veeco Devices’s debt-to-equity ratio is under trade norms, indicating a sound monetary construction with a ratio of 0.45.

Understanding the Relevance of Analyst Scores

Throughout the area of banking and monetary methods, analysts specialise in reporting for particular shares or outlined sectors. Their work includes attending firm convention calls and conferences, researching firm monetary statements, and speaking with insiders to publish “analyst scores” for shares. Analysts usually assess and price every inventory as soon as per quarter.

Along with their assessments, some analysts lengthen their insights by providing predictions for key metrics akin to earnings, income, and development estimates. This supplementary data offers additional steering for merchants. It’s essential to acknowledge that, regardless of their specialization, analysts are human and may solely present forecasts based mostly on their beliefs.

This text was generated by Benzinga’s automated content material engine and reviewed by an editor.

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