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Varex Imaging (VREX) Competitors

Varex Imaging logo
$14.16 -0.22 (-1.53%)
(As of 12/20/2024 05:31 PM ET)

VREX vs. VIAV, NN, SIMO, AAOI, HIMX, JKS, NSSC, BELFA, COMM, and DQ

Should you be buying Varex Imaging stock or one of its competitors? The main competitors of Varex Imaging include Viavi Solutions (VIAV), NextNav (NN), Silicon Motion Technology (SIMO), Applied Optoelectronics (AAOI), Himax Technologies (HIMX), JinkoSolar (JKS), Napco Security Technologies (NSSC), Bel Fuse (BELFA), CommScope (COMM), and Daqo New Energy (DQ). These companies are all part of the "electronic equipment" industry.

Varex Imaging vs.

Varex Imaging (NASDAQ:VREX) and Viavi Solutions (NASDAQ:VIAV) are both medical companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, risk, media sentiment, profitability, community ranking, dividends, valuation, institutional ownership and earnings.

Viavi Solutions has a net margin of -3.78% compared to Varex Imaging's net margin of -5.88%. Varex Imaging's return on equity of 3.85% beat Viavi Solutions' return on equity.

Company Net Margins Return on Equity Return on Assets
Varex Imaging-5.88% 3.85% 1.80%
Viavi Solutions -3.78%2.22%0.88%

95.5% of Viavi Solutions shares are held by institutional investors. 5.2% of Varex Imaging shares are held by insiders. Comparatively, 1.5% of Viavi Solutions shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Varex Imaging has a beta of 0.6, meaning that its share price is 40% less volatile than the S&P 500. Comparatively, Viavi Solutions has a beta of 0.92, meaning that its share price is 8% less volatile than the S&P 500.

Varex Imaging presently has a consensus target price of $21.00, indicating a potential upside of 48.31%. Viavi Solutions has a consensus target price of $10.44, indicating a potential upside of 2.38%. Given Varex Imaging's stronger consensus rating and higher probable upside, equities analysts plainly believe Varex Imaging is more favorable than Viavi Solutions.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Varex Imaging
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Viavi Solutions
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.33

Viavi Solutions has higher revenue and earnings than Varex Imaging. Viavi Solutions is trading at a lower price-to-earnings ratio than Varex Imaging, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Varex Imaging$811M0.72-$47.70M-$1.17-12.10
Viavi Solutions$990.70M2.28-$25.80M-$0.17-60.00

In the previous week, Viavi Solutions had 12 more articles in the media than Varex Imaging. MarketBeat recorded 18 mentions for Viavi Solutions and 6 mentions for Varex Imaging. Varex Imaging's average media sentiment score of 1.30 beat Viavi Solutions' score of 0.75 indicating that Varex Imaging is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Varex Imaging
4 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Viavi Solutions
9 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Viavi Solutions received 434 more outperform votes than Varex Imaging when rated by MarketBeat users. Likewise, 67.44% of users gave Viavi Solutions an outperform vote while only 63.66% of users gave Varex Imaging an outperform vote.

CompanyUnderperformOutperform
Varex ImagingOutperform Votes
233
63.66%
Underperform Votes
133
36.34%
Viavi SolutionsOutperform Votes
667
67.44%
Underperform Votes
322
32.56%

Summary

Viavi Solutions beats Varex Imaging on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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VREX vs. The Competition

MetricVarex ImagingElectronic components IndustryMedical SectorNASDAQ Exchange
Market Cap$583.83M$3.85B$5.12B$9.07B
Dividend YieldN/A1.17%4.91%4.22%
P/E Ratio-12.1029.1591.3417.19
Price / Sales0.725.891,116.59116.80
Price / Cash11.2427.0442.6437.86
Price / Book1.059.254.794.78
Net Income-$47.70M-$64.79M$120.07M$225.60M
7 Day Performance-8.29%-2.46%-1.89%-1.24%
1 Month Performance-14.13%-10.79%11.45%3.36%
1 Year Performance-29.97%7.02%30.61%16.58%

Varex Imaging Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VREX
Varex Imaging
4.4228 of 5 stars
$14.16
-1.5%
$21.00
+48.3%
-30.3%$583.83M$811M-12.102,300Positive News
High Trading Volume
VIAV
Viavi Solutions
4.1667 of 5 stars
$11.20
+1.4%
$10.66
-4.8%
+6.0%$2.48B$1.00B-65.003,600Analyst Forecast
NN
NextNav
2.6218 of 5 stars
$18.04
+7.4%
$20.00
+10.9%
+278.6%$2.32B$3.86M-24.1560Positive News
SIMO
Silicon Motion Technology
4.7372 of 5 stars
$59.62
+0.5%
$81.67
+37.0%
-7.3%$2.01B$814.77M22.471,546Analyst Upgrade
AAOI
Applied Optoelectronics
1.3093 of 5 stars
$35.85
-1.6%
$23.00
-35.8%
+83.4%$1.62B$209.55M-17.682,149Analyst Forecast
Insider Trade
HIMX
Himax Technologies
3.8818 of 5 stars
$8.06
-6.2%
$15.00
+86.1%
+29.5%$1.41B$897.26M19.512,164High Trading Volume
JKS
JinkoSolar
3.1717 of 5 stars
$26.33
-5.7%
$31.33
+19.0%
-26.5%$1.40B$16.72B43.8557,397News Coverage
Gap Down
NSSC
Napco Security Technologies
3.7808 of 5 stars
$37.92
+2.5%
$47.14
+24.3%
+8.8%$1.39B$191.15M27.211,070Positive News
BELFA
Bel Fuse
N/A$101.00
+0.7%
N/A+55.6%$1.27B$524.94M24.346,300
COMM
CommScope
1.9784 of 5 stars
$5.73
-0.2%
$2.50
-56.4%
+129.6%$1.24B$5.79B-1.3020,000Analyst Downgrade
Gap Down
DQ
Daqo New Energy
3.2329 of 5 stars
$17.21
-6.4%
$22.26
+29.4%
-24.8%$1.14B$1.31B-9.285,765Positive News

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This page (NASDAQ:VREX) was last updated on 12/21/2024 by MarketBeat.com Staff
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