Varex Imaging (VREX) Set to Announce Earnings on Tuesday

Varex Imaging (NASDAQ:VREX - Get Free Report) is set to issue its quarterly earnings data after the market closes on Tuesday, November 19th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Varex Imaging Stock Down 2.1 %

NASDAQ VREX traded down $0.30 during mid-day trading on Tuesday, reaching $14.31. 401,567 shares of the company's stock traded hands, compared to its average volume of 486,203. Varex Imaging has a 1-year low of $10.19 and a 1-year high of $21.50. The company has a fifty day simple moving average of $12.11 and a 200-day simple moving average of $13.56. The company has a current ratio of 3.34, a quick ratio of 1.89 and a debt-to-equity ratio of 0.67. The company has a market cap of $585.28 million, a price-to-earnings ratio of 20.58 and a beta of 0.53.

Analyst Upgrades and Downgrades

Separately, B. Riley initiated coverage on Varex Imaging in a research note on Friday, August 23rd. They set a "buy" rating and a $21.00 price objective for the company.

Insiders Place Their Bets

In other Varex Imaging news, SVP Kimberley E. Honeysett sold 2,578 shares of the stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $12.53, for a total transaction of $32,302.34. Following the transaction, the senior vice president now owns 275 shares of the company's stock, valued at $3,445.75. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 5.20% of the stock is currently owned by company insiders.

Varex Imaging Company Profile

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.