With 0.47 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.81 million shares. The 52-week range on VECO shows that it touched its highest point at $49.25 and its lowest point at $16.92 during that stretch. It currently has a 1-year price target of $28.43. Beta for the stock currently stands at 1.12.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VECO was up-trending over the past week, with a rise of 2.18%, but this was up by 7.03% over a month. Three-month performance dropped to -24.42% while six-month performance fell -33.32%. The stock lost -46.25% in the past year, while it has lost -28.40% so far this year. A look at the trailing 12-month EPS for VECO yields 1.23 with Next year EPS estimates of 1.70. For the next quarter, that number is 0.32. This implies an EPS growth rate of -18.68% for this year and 20.40% for next year.
Float and Shares Shorts:
At present, 56.83 million VECO shares are outstanding with a float of 56.50 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VECO since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.72996 being high and $1.69978 being low. For VECO, this leads to a yearly average estimate of $1.7199.
