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 purchased a new stake in VAREX IMAGING (NASDAQ:VREX - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 44,900 shares of the company's stock, valued at approximately $521,000. Versor Investments LP owned approximately 0.11% of VAREX IMAGING as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Assenagon Asset Management S.A. grew its stake in shares of VAREX IMAGING by 6.5% in the first 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 in the last quarter. SG Americas Securities LLC bought a new position in shares of VAREX IMAGING in the first quarter worth $1,092,000. GAMMA Investing LLC increased its position in shares of VAREX IMAGING by 960.3% in the first quarter. GAMMA Investing LLC now owns 16,170 shares of the company's stock worth $188,000 after purchasing an additional 14,645 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in shares of VAREX IMAGING in the fourth quarter worth $190,000. Finally, Deutsche Bank AG increased its position in shares of VAREX IMAGING by 84.5% in the fourth quarter. Deutsche Bank AG now owns 31,463 shares of the company's stock worth $459,000 after purchasing an additional 14,407 shares during the period.

Wall Street Analysts Forecast Growth

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

VAREX IMAGING Price Performance

Shares of VREX traded up $0.28 during trading hours on Friday, reaching $11.62. The stock had a trading volume of 399,272 shares, compared to its average volume of 555,419. VAREX IMAGING has a 12 month low of $6.76 and a 12 month high of $16.93. The stock has a market capitalization of $482.23 million, a PE ratio of -3.62 and a beta of 0.68. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.82 and a current ratio of 3.51. The company's 50-day moving average is $8.55 and its two-hundred day moving average is $9.55.

VAREX IMAGING (NASDAQ:VREX - Get Free Report) last announced its quarterly earnings results 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 positive return on equity of 5.54% and a negative net margin of 16.13%.The company had revenue of $203.00 million during the quarter, compared to analysts' expectations of $190.32 million. VAREX IMAGING has set its Q4 2025 guidance at 0.100-0.300 EPS. Research analysts expect that VAREX IMAGING will post 0.53 EPS for the current 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.