ViewRay, Inc. designs, manufactures and markets MRIdian, the magnetic resonance imaging (MRI)-guided radiation therapy system to image and treat cancer patients simultaneously. The Company offers radiation therapy technology combined with magnetic resonance imaging. MRIdian integrates MRI technology, radiation delivery and the Company's software to locate, target and track the position and shape of soft-tissue tumors while radiation is delivered. MRIdian delivers radiation to the tumor accurately while delivering less radiation to healthy tissue. MRIdian provides real-time imaging that defines the targeted tumor from the surrounding soft tissue and other critical organs during radiation treatment. MRIdian allows physicians to record the level of radiation exposure that the tumor has received and adapt the prescription between fractions as needed.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Electromedical equipment
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:VRAY
CUSIPN/A
Phone440-703-3210
Debt
Debt-to-Equity Ratio1.17
Current Ratio3.33
Quick Ratio2.64
Price-To-Earnings
Trailing P/E Ratio-9.59
Forward P/E Ratio-13.31
P/E GrowthN/A
Sales & Book Value
Annual Sales$34.04 million
Price / Sales22.05
Cash FlowN/A
Price / CashN/A
Book Value$0.03 per share
Price / Book332.67
Profitability
EPS (Most Recent Fiscal Year)($1.04)
Net Income$-72,170,000.00
Net Margins-83.84%
Return on Equity-353.05%
Return on Assets-46.00%
Miscellaneous
Employees139
Outstanding Shares75,210,000
Market Cap$743.79 million
Viewray (NASDAQ:VRAY) Frequently Asked Questions
What is Viewray's stock symbol?
Viewray trades on the NASDAQ under the ticker symbol "VRAY."
How were Viewray's earnings last quarter?
Viewray Inc (NASDAQ:VRAY) issued its earnings results on Friday, August, 3rd. The company reported ($0.30) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by $0.09. The company earned $16.44 million during the quarter, compared to analyst estimates of $15.97 million. Viewray had a negative net margin of 83.84% and a negative return on equity of 353.05%. The business's quarterly revenue was up 2255.3% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.15) EPS. View Viewray's Earnings History.
When is Viewray's next earnings date?
What price target have analysts set for VRAY?
6 Wall Street analysts have issued 12 month price objectives for Viewray's stock. Their predictions range from $10.00 to $14.00. On average, they expect Viewray's stock price to reach $12.5833 in the next year. This suggests a possible upside of 26.1% from the stock's current price. View Analyst Price Targets for Viewray.
What is the consensus analysts' recommendation for Viewray?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viewray in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Viewray.
What are Wall Street analysts saying about Viewray stock?
Here are some recent quotes from research analysts about Viewray stock:
- 1. BTIG Research analysts commented, "PT to $14 from $10 VRAY preannounced 2Q rev and reported gross orders of $34.6M Friday coming in in line with consensus. Shares were probably pressured by GMs of ~0% due to one-time issues and expected cash use for the year being increased $10M. We continue to expect VRAY to require additional funding by 1H19. We like the new mgmt team’s track record both as operators and sellers of companies and expect an improvement in commercial execution. That said we felt the stock had overrun a bit to near $13 and would have moved to Neutral but with shares pulling back now still see them compelling. We are raising our out year PT to $14. While we still see VRAY as compelling we have learned quite a bit about potential new competition in MagnetTx (Private), whom we recently visited in Edmonton." (8/7/2018)
- 2. Cantor Fitzgerald analysts commented, "Strong 1Q results. VRAY reported $26.2MM of revenue in 1Q, beating Street expectations by $13.1MM. Revenue was higher than expected due to delayed revenue recognition of a system installed in 4Q, earlier-than-expected recognition from an installation in late-1Q, and a system upgrade from the previous generation MRIdian Cobalt. VRAY placed four systems and upgraded one, which was in line with our expectations. VRAY received gross orders of $21MM, slightly below our expectation of $24MM. The backlog at the end of the quarter was $195MM, down slightly from $204MM last quarter." (5/11/2018)
- 3. Mizuho analysts commented, "We were at the Advanced Applications of MR-Guided Radiotherapy Symposium in Amsterdam on March 16th, 2018. The event was very well attended with approximately 200 people; most were potential customers who showed strong interest in ViewRay’s MRIdian. We highlight our key takeaways from the conference and additional insights into the MRI Linac below. Overall, we maintain our view that ViewRay has leadership in real time imaging guided LINAC today." (4/19/2018)
Are investors shorting Viewray?
Viewray saw a drop in short interest in July. As of July 31st, there was short interest totalling 12,616,735 shares, a drop of 6.6% from the July 13th total of 13,513,448 shares. Based on an average daily trading volume, of 2,393,468 shares, the short-interest ratio is presently 5.3 days. Currently, 30.7% of the shares of the company are sold short. View Viewray's Current Options Chain.
Who are some of Viewray's key competitors?
Some companies that are related to Viewray include GETINGE AB/ADR (GNGBY), CONMED (CNMD), NxStage Medical (NXTM), AxoGen, Inc Common Stock (AXGN), Natus Medical (BABY), Cutera (CUTR), electroCore (ECOR), BioLife Solutions (BLFS), Rockwell Medical (RMTI), Vision Sciences (CGNT), Helius Medical Technologies (HSDT), Fonar (FONR), Semler Scientific (SMLR), Second Sight Medical Products (EYES) and Zynex Inc. common stock (ZYXI).
When did Viewray IPO?
(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 $12.00-$14.00 per share. Cowen and Company and Stifel acted as the underwriters for the IPO and BTIG and Brean Capital were co-managers.
Has Viewray been receiving favorable news coverage?
News articles about VRAY stock have been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Viewray earned a daily sentiment score of 0.03 on Accern's scale. They also assigned media coverage about the company an impact score of 45.47 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Viewray.
Who are Viewray's major shareholders?
Viewray's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Fosun International Ltd (18.31%), FMR LLC (10.69%), BlackRock Inc. (4.13%), Acuta Capital Partners LLC (1.99%), RTW Investments LP (1.96%) and Artisan Partners Limited Partnership (1.38%). Company insiders that own Viewray stock include Aditya Puri, Ajay Bansal, David P Bonita, Fmr Llc, Henry A Mckinnell, James F Dempsey and Orbimed Advisors Llc. View Institutional Ownership Trends for Viewray.
Which major investors are selling Viewray stock?
VRAY stock was sold by a variety of institutional investors in the last quarter, including Acuta Capital Partners LLC. Company insiders that have sold Viewray company stock in the last year include Fmr Llc, James F Dempsey and Orbimed Advisors Llc. View Insider Buying and Selling for Viewray.
Which major investors are buying Viewray stock?
VRAY stock was acquired by a variety of institutional investors in the last quarter, including Fosun International Ltd, FMR LLC, BlackRock Inc., Artisan Partners Limited Partnership, Cortina Asset Management LLC, Asymmetry Capital Management L.P., Essex Investment Management Co. LLC and Rhenman & Partners Asset Management AB. Company insiders that have bought Viewray stock in the last two years include Aditya Puri, Ajay Bansal, David P Bonita and Henry A Mckinnell. View Insider Buying and Selling for Viewray.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Viewray's stock price today?
One share of VRAY stock can currently be purchased for approximately $9.98.
How big of a company is Viewray?
Viewray has a market capitalization of $743.79 million and generates $34.04 million in revenue each year. The company earns $-72,170,000.00 in net income (profit) each year or ($1.04) on an earnings per share basis. Viewray employs 139 workers across the globe.
How can I contact Viewray?
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]
MarketBeat Community Rating for Viewray (NASDAQ VRAY)
MarketBeat's community ratings are surveys of what our community members think about Viewray and other stocks. Vote "Outperform" if you believe VRAY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRAY will underperform the S&P 500 over the long term. You may vote once every thirty days.
