VAREX IMAGING (NASDAQ:VREX - Get Free Report)'s stock had its "sell (d)" rating reaffirmed by stock analysts at Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.
A number of other research firms have also issued reports on VREX. Wall Street Zen lowered VAREX IMAGING from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. B. Riley restated a "buy" rating and issued a $16.00 price target (up from $12.00) on shares of VAREX IMAGING in a research report on Friday, August 8th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, VAREX IMAGING presently has an average rating of "Hold" and an average target price of $19.50.
Get Our Latest Analysis on VAREX IMAGING
VAREX IMAGING Price Performance
Shares of VAREX IMAGING stock traded up $0.11 on Friday, hitting $11.99. The company's stock had a trading volume of 203,875 shares, compared to its average volume of 238,120. VAREX IMAGING has a 1 year low of $6.76 and a 1 year high of $16.93. The firm has a fifty day moving average price of $11.65 and a 200-day moving average price of $9.33. 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 has a market capitalization of $497.59 million, a price-to-earnings ratio of 16.97 and a beta of 0.96.
VAREX IMAGING (NASDAQ:VREX - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.18 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $190.32 million. VAREX IMAGING has set its Q4 2025 guidance at 0.100-0.300 EPS. As a group, sell-side analysts anticipate that VAREX IMAGING will post 0.53 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue acquired a new position in VAREX IMAGING in the third quarter valued at approximately $27,000. Quarry LP purchased a new position in shares of VAREX IMAGING during the first quarter worth $63,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of VAREX IMAGING by 58.0% during the first 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. BNP Paribas Financial Markets boosted its position in shares of VAREX IMAGING by 18.5% during the second quarter. BNP Paribas Financial Markets now owns 13,045 shares of the company's stock worth $113,000 after buying an additional 2,036 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of VAREX IMAGING by 25.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 13,104 shares of the company's stock worth $115,000 after buying an additional 2,659 shares during the period.
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.
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