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NASDAQ:VREX

Varex Imaging (VREX) Stock Price, News & Analysis

Varex Imaging logo
$13.52 -0.15 (-1.10%)
As of 01/17/2025 04:00 PM Eastern

About Varex Imaging Stock (NASDAQ:VREX)

Key Stats

Today's Range
$13.49
$13.88
50-Day Range
$13.37
$16.68
52-Week Range
$10.19
$20.27
Volume
308,442 shs
Average Volume
445,550 shs
Market Capitalization
$557.44 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.00
Consensus Rating
Buy

Company Overview

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. This segment's products are used in a range of applications, including CT, mammography, oncology, cardiac, surgery, dental, and other diagnostic radiography uses. The Industrial segment designs, develops, manufactures, sells, and services Linatron X-ray linear accelerators, X-ray tubes, digital detectors, high voltage connectors, and coolers for use in security and inspection applications, such as baggage screening at airports, cargo screening at ports and borders, and nondestructive testing, irradiation, and inspection in various applications. The company sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. It has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was incorporated in 2016 and is headquartered in Salt Lake City, Utah.

Varex Imaging Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
92nd Percentile Overall Score

VREX MarketRank™: 

Varex Imaging scored higher than 92% of companies evaluated by MarketBeat, and ranked 94th out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Varex Imaging has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Varex Imaging has received no research coverage in the past 90 days.

  • Read more about Varex Imaging's stock forecast and price target.
  • Earnings Growth

    Earnings for Varex Imaging are expected to grow by 17.46% in the coming year, from $0.63 to $0.74 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Varex Imaging is -11.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Varex Imaging is -11.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Varex Imaging has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Varex Imaging's valuation and earnings.
  • Percentage of Shares Shorted

    2.45% of the outstanding shares of Varex Imaging have been sold short.
  • Short Interest Ratio / Days to Cover

    Varex Imaging has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Varex Imaging has recently decreased by 26.81%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Varex Imaging does not currently pay a dividend.

  • Dividend Growth

    Varex Imaging does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.45% of the outstanding shares of Varex Imaging have been sold short.
  • Short Interest Ratio / Days to Cover

    Varex Imaging has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Varex Imaging has recently decreased by 26.81%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Varex Imaging has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Varex Imaging this week, compared to 2 articles on an average week.
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VREX Stock News Headlines

Varex Imaging (NASDAQ:VREX) Cut to "Hold" at StockNews.com
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Varex Imaging Prices $125 Mln Offering Of 7.875% Senior Notes
Varex Imaging Commences Offering Of $125 Mln Of 7.875% Senior Notes
See More Headlines

VREX Stock Analysis - Frequently Asked Questions

Varex Imaging's stock was trading at $14.59 at the beginning of 2025. Since then, VREX shares have decreased by 7.3% and is now trading at $13.52.
View the best growth stocks for 2025 here
.

Varex Imaging Co. (NASDAQ:VREX) posted its earnings results on Thursday, August, 1st. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.19 by $0.05. Varex Imaging's revenue was down 10.0% compared to the same quarter last year.

Varex Imaging's top institutional investors include Assenagon Asset Management S.A. (0.26%) and Wedge Capital Management L L P NC (0.25%). Insiders that own company stock include Shubham Maheshwari, Ruediger Naumann-Etienne, Jay K Kunkel and Kimberley E Honeysett.
View institutional ownership trends
.

Shares of VREX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Varex Imaging investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Visa (V), JPMorgan Chase & Co. (JPM) and Netflix (NFLX).

Company Calendar

Last Earnings
8/01/2024
Today
1/21/2025
Next Earnings (Estimated)
2/04/2025
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Electronic components, not elsewhere classified
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:VREX
Fax
N/A
Employees
2,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.00
High Stock Price Target
$21.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+55.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-47,700,000.00
Pretax Margin
0.62%

Debt

Sales & Book Value

Annual Sales
$811 million
Cash Flow
$1.39 per share
Book Value
$13.43 per share

Miscellaneous

Free Float
39,458,000
Market Cap
$557.44 million
Optionable
Optionable
Beta
0.63
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This page (NASDAQ:VREX) was last updated on 1/21/2025 by MarketBeat.com Staff
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