Free Trial

Varex Imaging (NASDAQ:VREX) Issues Earnings Results

Varex Imaging logo with Medical background

Key Points

  • Varex Imaging reported earnings of $0.18 per share, significantly surpassing analysts' expectations of $0.04, with revenue reaching $203 million for the quarter.
  • Following the earnings announcement, Varex Imaging's stock price increased by 21.4%, trading at $9.48 with a notable trading volume.
  • Analysts have adjusted their ratings, with B. Riley raising the price target from $12.00 to $16.00, while Wall Street Zen downgraded the stock from a "strong-buy" to a "buy" rating.
  • Need Better Tools to Track Varex Imaging? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Varex Imaging (NASDAQ:VREX - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.14, Zacks reports. Varex Imaging had a positive return on equity of 5.33% and a negative net margin of 16.13%. The business had revenue of $203.00 million during the quarter, compared to analysts' expectations of $190.32 million. Varex Imaging updated its Q4 2025 guidance to 0.100-0.300 EPS.

Varex Imaging Trading Up 21.4%

Shares of NASDAQ VREX traded up $1.67 during trading on Friday, reaching $9.48. The stock had a trading volume of 1,980,435 shares, compared to its average volume of 360,011. Varex Imaging has a fifty-two week low of $6.76 and a fifty-two week high of $16.93. The company has a debt-to-equity ratio of 1.00, a quick ratio of 2.36 and a current ratio of 4.05. The business's 50-day moving average price is $8.04 and its 200-day moving average price is $9.75. The company has a market cap of $390.58 million, a P/E ratio of -2.95 and a beta of 0.68.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Wall Street Zen cut Varex Imaging from a "strong-buy" rating to a "buy" rating in a research note on Saturday. B. Riley lifted their price objective on Varex Imaging from $12.00 to $16.00 and gave the company a "buy" rating in a research note on Friday.

View Our Latest Stock Report on VREX

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Varex Imaging stock. Jane Street Group LLC increased its stake in shares of Varex Imaging (NASDAQ:VREX - Free Report) by 17.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,362 shares of the company's stock after purchasing an additional 24,160 shares during the quarter. Jane Street Group LLC owned 0.39% of Varex Imaging worth $1,849,000 at the end of the most recent quarter.

About Varex Imaging

(Get Free Report)

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.

See Also

Earnings History for Varex Imaging (NASDAQ:VREX)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Varex Imaging Right Now?

Before you consider Varex Imaging, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Varex Imaging wasn't on the list.

While Varex Imaging currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Set to Soar in Fall 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines