Q1 Earnings Forecast for Varex Imaging Issued By B. Riley

Varex Imaging Co. (NASDAQ:VREX - Free Report) - Equities researchers at B. Riley issued their Q1 2026 earnings estimates for shares of Varex Imaging in a report issued on Monday, May 12th. B. Riley analyst A. Schock forecasts that the company will earn $0.08 per share for the quarter. B. Riley has a "Strong-Buy" rating on the stock. The consensus estimate for Varex Imaging's current full-year earnings is $0.53 per share. B. Riley also issued estimates for Varex Imaging's Q3 2026 earnings at $0.11 EPS.

VREX has been the topic of several other reports. Oppenheimer dropped their price target on shares of Varex Imaging from $30.00 to $23.00 and set an "outperform" rating on the stock in a research report on Friday, February 7th. StockNews.com raised shares of Varex Imaging from a "hold" rating to a "buy" rating in a research report on Friday, February 7th.

Varex Imaging Price Performance

VREX opened at $7.52 on Tuesday. The company has a market capitalization of $309.82 million, a P/E ratio of -6.43 and a beta of 0.62. The company has a 50-day moving average of $9.76 and a 200-day moving average of $12.67. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.50 and a current ratio of 4.36. Varex Imaging has a 1-year low of $6.76 and a 1-year high of $16.93.

Varex Imaging (NASDAQ:VREX - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.12. Varex Imaging had a positive return on equity of 4.00% and a negative net margin of 5.79%. The business had revenue of $212.90 million for the quarter, compared to analysts' expectations of $206.76 million. During the same quarter in the previous year, the firm earned $0.16 earnings per share. The business's revenue was up 3.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Nuveen LLC purchased a new stake in Varex Imaging in the first quarter valued at approximately $1,873,000. Invesco Ltd. raised its stake in Varex Imaging by 13.2% in the first quarter. Invesco Ltd. now owns 138,953 shares of the company's stock worth $1,612,000 after buying an additional 16,249 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Varex Imaging by 10.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 437,667 shares of the company's stock worth $5,077,000 after purchasing an additional 42,661 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Varex Imaging by 4.2% in the 1st quarter. Vanguard Group Inc. now owns 2,640,127 shares of the company's stock worth $30,625,000 after purchasing an additional 106,412 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted 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 worth $131,000 after purchasing an additional 4,139 shares in the last quarter.

Insider Buying and Selling

In other news, SVP Kimberley E. Honeysett sold 4,007 shares of the firm's stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $12.81, for a total value of $51,329.67. Following the completion of the sale, the senior vice president now directly owns 4,002 shares in the company, valued at $51,265.62. This trade represents a 50.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Sunny Sanyal sold 8,749 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $11.24, for a total value of $98,338.76. Following the completion of the sale, the chief executive officer now directly owns 190,193 shares of the company's stock, valued at approximately $2,137,769.32. This trade represents a 4.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.30% of the stock is owned by insiders.

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.

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