Versor Investments LP Invests $521,000 in VAREX IMAGING $VREX

Key Points

• Versor Investments LP has acquired a new position in Varex Imaging, purchasing 44,900 shares valued at approximately $521,000 during the first quarter, representing about 0.11% of the company.
• Analysts have mixed views on Varex Imaging, with Wall Street Zen lowering its rating from "strong-buy" to "buy," while B. Riley raised its price target to $16.00 from $12.00.
• Varex Imaging reported strong quarterly earnings of $0.18 per share, exceeding estimates, with revenue of $203 million compared to the anticipated $190.32 million.

Versor Investments LP bought a new stake in shares of VAREX IMAGING (NASDAQ:VREX - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 44,900 shares of the company's stock, valued at approximately $521,000. Versor Investments LP owned 0.11% of VAREX IMAGING as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Assenagon Asset Management S.A. grew its position in shares of VAREX IMAGING by 6.5% during the 1st quarter. Assenagon Asset Management S.A. now owns 113,573 shares of the company's stock valued at $1,317,000 after acquiring an additional 6,953 shares during the period. SG Americas Securities LLC bought a new position in shares of VAREX IMAGING during the 1st quarter valued at approximately $1,092,000. GAMMA Investing LLC grew its position in shares of VAREX IMAGING by 960.3% during the 1st quarter. GAMMA Investing LLC now owns 16,170 shares of the company's stock valued at $188,000 after acquiring an additional 14,645 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in shares of VAREX IMAGING during the 4th quarter valued at approximately $190,000. Finally, Deutsche Bank AG grew its position in shares of VAREX IMAGING by 84.5% during the 4th quarter. Deutsche Bank AG now owns 31,463 shares of the company's stock valued at $459,000 after acquiring an additional 14,407 shares during the period.

VAREX IMAGING Stock Performance

VREX traded down $0.22 on Monday, hitting $11.40. The company's stock had a trading volume of 255,433 shares, compared to its average volume of 561,517. The company's 50 day simple moving average is $8.61 and its 200-day simple moving average is $9.47. The company has a quick ratio of 1.82, a current ratio of 3.51 and a debt-to-equity ratio of 0.78. VAREX IMAGING has a 12 month low of $6.76 and a 12 month high of $16.93. The firm has a market cap of $473.10 million, a P/E ratio of -3.55 and a beta of 0.68.

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

Analysts Set New Price Targets

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

About VAREX IMAGING

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.