American Century Companies Inc. Has $2.55 Million Stock Position in VAREX IMAGING $VREX

Key Points

• American Century Companies Inc. has significantly increased its holdings in Varex Imaging by 231.4%, owning 220,061 shares worth about $2.55 million as of its latest SEC filing.
• Varex Imaging's stock saw a slight increase of 0.7% and has a current market capitalization of $479.33 million, with a 52-week low of $6.76 and high of $16.93.
• Wall Street analysts have mixed opinions on Varex Imaging, with B. Riley raising its target price to $16.00 while others downgraded the stock to a "buy" rating, resulting in an average target price of $19.50.

American Century Companies Inc. boosted its holdings in VAREX IMAGING (NASDAQ:VREX - Free Report) by 231.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 220,061 shares of the company's stock after acquiring an additional 153,659 shares during the period. American Century Companies Inc. owned 0.53% of VAREX IMAGING worth $2,553,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in VREX. Aquatic Capital Management LLC bought a new stake in VAREX IMAGING in the 4th quarter valued at $25,000. Point72 Hong Kong Ltd bought a new stake in VAREX IMAGING in the 4th quarter valued at $48,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in VAREX IMAGING by 58.0% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,279 shares of the company's stock valued at $131,000 after acquiring an additional 4,139 shares during the period. ProShare Advisors LLC bought a new stake in VAREX IMAGING in the 4th quarter valued at $159,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in VAREX IMAGING in the 1st quarter valued at $160,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on VREX shares. Wall Street Zen downgraded VAREX IMAGING from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. B. Riley restated a "buy" rating and issued a $16.00 price target (up from $12.00) on shares of VAREX IMAGING in a research note on Friday, August 8th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $19.50.

VAREX IMAGING Stock Performance

NASDAQ:VREX traded down $0.01 during mid-day trading on Friday, reaching $11.65. 261,313 shares of the company's stock were exchanged, compared to its average volume of 516,385. VAREX IMAGING has a one year low of $6.76 and a one year high of $16.93. The firm has a market capitalization of $483.48 million, a PE ratio of -3.63 and a beta of 0.87. The business's fifty day simple moving average is $9.24 and its two-hundred day simple moving average is $9.41. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.82 and a current ratio of 3.51.

VAREX IMAGING (NASDAQ:VREX - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.14. The company had revenue of $203.00 million for the quarter, compared to analyst estimates of $190.32 million. VAREX IMAGING had a positive return on equity of 5.54% and a negative net margin of 16.13%. VAREX IMAGING has set its Q4 2025 guidance at 0.100-0.300 EPS. Analysts anticipate that VAREX IMAGING will post 0.53 earnings per share for the current fiscal year.

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.