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NYSE:VAR

Varian Medical Systems (VAR) Stock Price, News & Analysis

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About Varian Medical Systems Stock (NYSE:VAR)

Key Stats

Today's Range
$177.07
$177.07
50-Day Range
$176.53
$177.29
52-Week Range
$103.67
$177.38
Volume
N/A
Average Volume
746,779 shs
Market Capitalization
$16.26 billion
P/E Ratio
60.43
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Varian Medical Systems, Inc. designs, manufactures, sells, and services medical devices and software products for treating cancer and other medical conditions worldwide. It operates through Oncology Systems and Proton Solutions segments. The Oncology Systems segment offers hardware and software products for treating cancer with radiotherapy, fixed field intensity-modulated radiation therapy, image-guided radiation therapy, volumetric modulated arc therapy, stereotactic radiosurgery, stereotactic body radiotherapy, artificial intelligence based adaptive radiotherapy, and brachytherapy, as well as quality assurance equipment. Its products include linear accelerators, brachytherapy afterloaders, treatment accessories, and quality assurance software; and information management, treatment planning, image processing, clinical knowledge exchange, patient care management, decision-making support, and practice management software. This segment serves university research and community hospitals, private and governmental institutions, healthcare agencies, physicians' offices, medical oncology practices, radiotherapy centers, and cancer care clinics. The Proton Solutions segment designs, develops, manufactures, sells, and services products and systems for delivering proton therapy for the treatment of cancer. The company has a strategic agreement with McKesson Corp. to supply treatment delivery systems and planning, services, and radiotherapy information system solutions to its U.S. Oncology Network and Vantage Oncology affiliated sites of care; and a strategic partnership with Siemens AG to represent Siemens diagnostic imaging products to radiation oncology clinics in the United States and other select markets. Varian Medical Systems, Inc. was formerly known as Varian Associates, Inc. and changed its name to Varian Medical Systems, Inc. in April 1999. The company was founded in 1948 and is headquartered in Palo Alto, California.

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VAR Stock News Headlines

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VAR Stock Analysis - Frequently Asked Questions

Varian Medical Systems, Inc. (NYSE:VAR) posted its earnings results on Monday, January, 25th. The medical equipment provider reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.04. The company's revenue for the quarter was down 6.1% compared to the same quarter last year.

Varian Medical Systems subsidiaries include Boston Scientific, Endocare, CTSI, CTSI, Mobius Medical Systems, PerkinElmer's Medical Imaging Business, Candela's radiotherapy business, and more.

Based on aggregate information from My MarketBeat watchlists, some other companies that Varian Medical Systems investors own include NVIDIA (NVDA), Meta Platforms (META), Bristol-Myers Squibb (BMY), Gilead Sciences (GILD), Pfizer (PFE), Vertex Pharmaceuticals (VRTX) and Exxon Mobil (XOM).

Company Calendar

Last Earnings
1/25/2021
Today
11/29/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Electromedical Equipment
Sub-Industry
Health Care Equipment
CUSIP
92220P10
Fax
N/A
Employees
10,000
Year Founded
1948

Profitability

Net Income
$269.20 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.17 billion
Cash Flow
$5.07 per share
Book Value
$22.92 per share

Miscellaneous

Free Float
N/A
Market Cap
$16.26 billion
Optionable
Optionable
Beta
1.06

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This page (NYSE:VAR) was last updated on 11/29/2024 by MarketBeat.com Staff
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