NASDAQ:VRAY - Viewray Stock Price, Forecast & News

Viewray trades on the NASDAQ under the ticker symbol "VRAY."

Viewray Inc (NASDAQ:VRAY) released its quarterly earnings results on Tuesday, November, 12th. The company reported ($0.21) EPS for the quarter, topping the consensus estimate of ($0.27) by $0.06. The business earned $20.90 million during the quarter, compared to analyst estimates of $20.66 million. Viewray had a negative net margin of 110.61% and a negative return on equity of 75.41%. The company's quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.39) earnings per share. View Viewray's Earnings History.

Viewray is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Viewray.

Viewray issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$80-95 million, compared to the consensus revenue estimate of $$89.28 million.

9 analysts have issued 12-month price targets for Viewray's stock. Their forecasts range from $5.00 to $9.00. On average, they expect Viewray's stock price to reach $6.44 in the next year. This suggests a possible upside of 52.4% from the stock's current price. View Analyst Price Targets for Viewray.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viewray in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Viewray.

Headlines about VRAY stock have been trending extremely negative on Friday, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Viewray earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Viewray.

Some companies that are related to Viewray include InMode (INMD), Natus Medical (NTUS), AxoGen (AXGN), Cutera (CUTR), TransMedics Group (TMDX), BioLife Solutions (BLFS), Stereotaxis (STXS), Semler Scientific (SMLR), Zynex (ZYXI), Rockwell Medical (RMTI), BioSig Technologies (BSGM), Edap Tms (EDAP), Fonar (FONR), Second Sight Medical Products (EYES) and Soleno Therapeutics (SLNO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Viewray investors own include Alibaba Group (BABA), Cara Therapeutics (CARA), Corbus Pharmaceuticals (CRBP), Sarepta Therapeutics (SRPT), Viking Therapeutics (VKTX), Zynerba Pharmaceuticals (ZYNE), Square (SQ), Advanced Micro Devices (AMD), Amarin (AMRN) and Amicus Therapeutics (FOLD).

(VRAY) raised $52 million in an initial public offering (IPO) on the week of April 6th 2015. The company issued 4,000,000 shares at a price of $12.00-$14.00 per share. Cowen and Company and Stifel served as the underwriters for the IPO and BTIG and Brean Capital were co-managers.

Viewray's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Millennium Management LLC (1.56%), State Street Corp (1.37%), Rhenman & Partners Asset Management AB (0.65%), Gilder Gagnon Howe & Co. LLC (0.44%), Kahn Brothers Group Inc. DE (0.35%) and Essex Investment Management Co. LLC (0.15%). Company insiders that own Viewray stock include Fmr Llc, International Ltd Fosun, James F Dempsey, Orbimed Advisors Llc, Scott William Drake and Shahriar Matin. View Institutional Ownership Trends for Viewray.

VRAY stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Rhenman & Partners Asset Management AB, Essex Investment Management Co. LLC, Perkins Capital Management Inc., Pennsylvania Trust Co, Stephens Inc. AR and Squarepoint Ops LLC. View Insider Buying and Selling for Viewray.

VRAY stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Kahn Brothers Group Inc. DE, Investor AB, Parallel Advisors LLC, Virtu Financial LLC, Raymond James Trust N.A., Allworth Financial LP and Russell Investments Group Ltd.. Company insiders that have bought Viewray stock in the last two years include International Ltd Fosun, Scott William Drake and Shahriar Matin. View Insider Buying and Selling for Viewray.

Shares of VRAY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of VRAY stock can currently be purchased for approximately $4.23.

Viewray has a market capitalization of $420.49 million and generates $80.96 million in revenue each year. The company earns $-76,400,000.00 in net income (profit) each year or ($0.98) on an earnings per share basis. View Additional Information About Viewray.

The official website for Viewray is http://www.viewray.com/.

Viewray's mailing address is 2 THERMO FISHER WAY, OAKWOOD VILLAGE OH, 44146. The company can be reached via phone at 440-703-3210 or via email at [email protected]