Charles Schwab Investment Management Inc. Acquires 42,661 Shares of VAREX IMAGING $VREX

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Varex Imaging by 10.8%, owning approximately 1.06% of the company worth $5,077,000 following the acquisition of additional shares.
• Varex Imaging's recent earnings report showed an EPS of $0.18, exceeding analysts' expectations of $0.04, while the company set its Q4 2025 guidance between 0.100-0.300 EPS.
• Analysts have differing ratings on Varex Imaging, with Wall Street Zen downgrading it to a "buy" rating, while B. Riley raised its target price from $12.00 to $16.00.

Charles Schwab Investment Management Inc. lifted its holdings in shares of VAREX IMAGING (NASDAQ:VREX - Free Report) by 10.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 437,667 shares of the company's stock after purchasing an additional 42,661 shares during the period. Charles Schwab Investment Management Inc. owned 1.06% of VAREX IMAGING worth $5,077,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Aquatic Capital Management LLC acquired a new position in VAREX IMAGING during the 4th quarter worth about $25,000. Point72 Hong Kong Ltd acquired a new position in VAREX IMAGING during the 4th quarter worth about $48,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in VAREX IMAGING by 58.0% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,279 shares of the company's stock worth $131,000 after buying an additional 4,139 shares during the period. ProShare Advisors LLC acquired a new position in VAREX IMAGING during the 4th quarter worth about $159,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in VAREX IMAGING during the 1st quarter worth about $160,000.

VAREX IMAGING Stock Up 0.4%

VREX traded up $0.05 during midday trading on Tuesday, hitting $11.60. The company had a trading volume of 374,226 shares, compared to its average volume of 529,638. VAREX IMAGING has a 52 week low of $6.76 and a 52 week high of $16.93. The company has a quick ratio of 1.82, a current ratio of 3.51 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $481.40 million, a price-to-earnings ratio of -3.61 and a beta of 0.87. The stock's 50 day moving average price is $9.06 and its 200 day moving average price is $9.42.

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

Wall Street Analysts Forecast Growth

Several brokerages have commented on VREX. Wall Street Zen downgraded VAREX IMAGING from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. B. Riley reissued a "buy" rating and set a $16.00 target price (up previously 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.com, the stock currently has an average rating of "Buy" and an average target price of $19.50.

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.