Veeco Instruments Inc. (VECO) Analysts See $-0.03 EPS; Salem Communications (SALM)’s Sentiment Is 1.76

April 17, 2018 - By Migdalia James

Salem Media Group, Inc. (NASDAQ:SALM) Logo

Analysts expect Veeco Instruments Inc. (NASDAQ:VECO) to report $-0.03 EPS on May, 7 after the close.They anticipate $0.02 EPS change or 200.00% from last quarter’s $-0.01 EPS. After having $0.10 EPS previously, Veeco Instruments Inc.’s analysts see -130.00% EPS growth. The stock increased 2.48% or $0.43 during the last trading session, reaching $17.58. About 79,042 shares traded. Veeco Instruments Inc. (NASDAQ:VECO) has declined 42.98% since April 17, 2017 and is downtrending. It has underperformed by 54.53% the S&P500.

Salem Communications Corp (SALM) investors sentiment increased to 1.76 in Q4 2017. It’s up 0.59, from 1.17 in 2017Q3. The ratio has improved, as 37 investment professionals increased or opened new positions, while 21 sold and trimmed equity positions in Salem Communications Corp. The investment professionals in our database now own: 7.97 million shares, up from 7.88 million shares in 2017Q3. Also, the number of investment professionals holding Salem Communications Corp in top ten positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 12 Increased: 21 New Position: 16.

Investors sentiment is 1.04 in Q4 2017. Its the same as in 2017Q3. It is without change, as 28 investors sold Veeco Instruments Inc. shares while 43 reduced holdings. only 27 funds opened positions while 47 raised stakes. 43.70 million shares or 5.49% less from 46.24 million shares in 2017Q3 were reported. Delta Asset Tn holds 0% or 758 shares. Great West Life Assurance Can accumulated 62,659 shares. Goldman Sachs stated it has 181,636 shares. Blackrock Inc accumulated 0% or 6.68 million shares. Us Savings Bank De has 95 shares. Prelude Mngmt Limited Liability Co holds 0% or 1,050 shares in its portfolio. Shelton Cap Management owns 45,230 shares. Pdts Prns Limited Company invested in 205,008 shares. Ameriprise Inc reported 0% stake. Landscape Cap Management Ltd Llc invested in 33,698 shares or 0.04% of the stock. Pinebridge Lp invested in 43,648 shares. Gsa Capital Prns Ltd Liability Partnership owns 29,690 shares. Ohio-based Employees Retirement Of Ohio has invested 0% in Veeco Instruments Inc. (NASDAQ:VECO). Geode Ltd Liability Corp has invested 0% of its portfolio in Veeco Instruments Inc. (NASDAQ:VECO). 45,322 are owned by Kbc Grp Nv.

Veeco Instruments Inc., together with its subsidiaries, designs, develops, makes, markets, and supports thin film process equipment to make light emitting diodes , micro-electromechanical systems (MEMS), power electronics, wireless devices, hard disk drives (HDDs), and semiconductor devices worldwide. The company has market cap of $845.81 million. It offers 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, as well as support services. It currently has negative earnings. The firm sells its products to LED, MEMS, outsourced semiconductor assembly and test, HDD, and semiconductor manufacturers, as well as research centers and universities.

Among 13 analysts covering Veeco Instruments (NASDAQ:VECO), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. Veeco Instruments had 31 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, November 3 by Needham. The rating was upgraded by JP Morgan on Tuesday, June 13 to “Overweight”. As per Friday, August 18, the company rating was maintained by KeyBanc Capital Markets. JP Morgan downgraded the shares of VECO in report on Thursday, October 29 to “Neutral” rating. The firm has “Hold” rating by Summit Research given on Monday, April 4. The stock has “Buy” rating by Benchmark on Friday, December 8. As per Thursday, October 6, the company rating was maintained by UBS. The rating was maintained by KeyBanc Capital Markets on Thursday, October 6 with “Overweight”. On Thursday, October 29 the stock rating was maintained by Benchmark with “Buy”. Pacific Crest initiated the stock with “Overweight” rating in Friday, May 13 report.

Teton Advisors Inc. holds 0.25% of its portfolio in Salem Media Group, Inc. for 610,000 shares. First Wilshire Securities Management Inc owns 183,320 shares or 0.23% of their US portfolio. Moreover, North Star Investment Management Corp. has 0.11% invested in the company for 198,052 shares. The New York-based Gamco Investors Inc. Et Al has invested 0.03% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 322,552 shares.

Salem Media Group, Inc. operates as a multi-media firm in the United States. The company has market cap of $91.59 million. It operates in three divisions: Broadcast, Digital Media, and Publishing. It has a 3.72 P/E ratio. The firm owns and operates radio networks, which produce and distribute talk, news, and music programming to radio stations, as well as sells commercial airtime to national advertisers and independent radio station affiliates.

The stock increased 1.45% or $0.05 during the last trading session, reaching $3.5. About 17,373 shares traded. Salem Media Group, Inc. (SALM) has declined 46.04% since April 17, 2017 and is downtrending. It has underperformed by 57.59% the S&P500.

Salem Media Group, Inc. (NASDAQ:SALM) Institutional Positions Chart

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