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Varex Imaging (VREX) Competitors

Varex Imaging logo
$15.42 +0.86 (+5.91%)
(As of 11/20/2024 ET)

VREX vs. MVIS, VIAV, NN, SIMO, NSSC, AAOI, DQ, BELFA, JKS, and ICHR

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

Varex Imaging vs.

Varex Imaging (NASDAQ:VREX) and MicroVision (NASDAQ:MVIS) are both small-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, institutional ownership, valuation, risk, community ranking, media sentiment and profitability.

30.9% of MicroVision shares are owned by institutional investors. 5.2% of Varex Imaging shares are owned by company insiders. Comparatively, 1.2% of MicroVision shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Varex Imaging currently has a consensus target price of $21.00, indicating a potential upside of 36.19%. MicroVision has a consensus target price of $3.00, indicating a potential upside of 223.80%. Given MicroVision's higher possible upside, analysts plainly believe MicroVision is more favorable than Varex Imaging.

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
MicroVision
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Varex Imaging has a net margin of -5.88% compared to MicroVision's net margin of -1,049.43%. Varex Imaging's return on equity of 3.78% beat MicroVision's return on equity.

Company Net Margins Return on Equity Return on Assets
Varex Imaging-5.88% 3.78% 1.79%
MicroVision -1,049.43%-102.34%-76.77%

MicroVision received 63 more outperform votes than Varex Imaging when rated by MarketBeat users. However, 63.56% of users gave Varex Imaging an outperform vote while only 63.44% of users gave MicroVision an outperform vote.

CompanyUnderperformOutperform
Varex ImagingOutperform Votes
232
63.56%
Underperform Votes
133
36.44%
MicroVisionOutperform Votes
295
63.44%
Underperform Votes
170
36.56%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Varex Imaging$811M0.78$48.20M-$1.17-13.18
MicroVision$7.26M27.95-$82.84M-$0.41-2.26

In the previous week, Varex Imaging had 14 more articles in the media than MicroVision. MarketBeat recorded 15 mentions for Varex Imaging and 1 mentions for MicroVision. Varex Imaging's average media sentiment score of 0.40 beat MicroVision's score of 0.00 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
3 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
MicroVision
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Varex Imaging has a beta of 0.53, meaning that its share price is 47% less volatile than the S&P 500. Comparatively, MicroVision has a beta of 3.04, meaning that its share price is 204% more volatile than the S&P 500.

Summary

Varex Imaging beats MicroVision on 11 of the 18 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$595.50M$4.36B$5.07B$8.90B
Dividend YieldN/A1.12%4.99%4.07%
P/E Ratio-13.1828.1387.8613.46
Price / Sales0.788.261,228.8287.66
Price / Cash5.8927.0439.5136.27
Price / Book1.075.386.946.30
Net Income$48.20M-$59.99M$119.12M$225.93M
7 Day Performance12.88%4.22%-1.84%-1.32%
1 Month Performance22.38%-4.09%-3.65%0.60%
1 Year Performance-20.72%33.51%31.64%26.23%

Varex Imaging Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VREX
Varex Imaging
4.6453 of 5 stars
$15.42
+5.9%
$21.00
+36.2%
-19.1%$595.50M$811M-13.182,400Analyst Revision
News Coverage
Gap Up
High Trading Volume
MVIS
MicroVision
0.6617 of 5 stars
$0.93
+2.2%
$3.00
+223.8%
-61.2%$198.19M$7.26M-2.26350Gap Up
VIAV
Viavi Solutions
3.4193 of 5 stars
$9.82
+0.7%
$10.44
+6.3%
+21.7%$2.16B$1.00B-57.763,600Analyst Forecast
NN
NextNav
3.2019 of 5 stars
$15.35
-5.3%
$20.00
+30.3%
+220.5%$2.09B$3.86M0.0060Analyst Revision
SIMO
Silicon Motion Technology
4.8512 of 5 stars
$53.07
-0.9%
$81.67
+53.9%
-10.4%$1.80B$639.14M20.101,546
NSSC
Napco Security Technologies
4.4907 of 5 stars
$36.94
+2.0%
$47.14
+27.6%
+27.5%$1.33B$188.82M27.161,070Positive News
AAOI
Applied Optoelectronics
1.3016 of 5 stars
$34.07
+19.3%
$18.70
-45.1%
+135.6%$1.29B$217.65M0.002,149Gap Up
DQ
Daqo New Energy
3.7293 of 5 stars
$20.12
+9.8%
$22.26
+10.6%
-25.9%$1.21B$2.31B0.005,765Short Interest ↓
Positive News
BELFA
Bel Fuse
0.3013 of 5 stars
$94.20
+2.6%
N/A+76.1%$1.15B$639.81M22.816,300Short Interest ↑
JKS
JinkoSolar
0.8416 of 5 stars
$22.41
+7.6%
$24.60
+9.8%
-35.9%$1.11B$16.72B37.9857,397Gap Up
ICHR
Ichor
3.1592 of 5 stars
$31.10
+2.2%
$42.57
+36.9%
+20.5%$1.03B$811.12M-33.442,245Positive News
High Trading Volume

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This page (NASDAQ:VREX) was last updated on 11/21/2024 by MarketBeat.com Staff
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