ViewRay - VRAY Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ViewRay in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VRAY shares.
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4 analysts have issued 1-year target prices for ViewRay's stock. Their VRAY share price forecasts range from $5.50 to $7.00. On average, they anticipate the company's share price to reach $6.33 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price.
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ViewRay's stock was trading at $4.48 at the start of the year. Since then, VRAY shares have increased by 6.2% and is now trading at $4.76.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
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ViewRay will be holding an earnings conference call on Monday, February 27th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

ViewRay, Inc. (NASDAQ:VRAY) issued its earnings results on Thursday, November, 4th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.16) by $0.01. The company earned $19.18 million during the quarter, compared to analysts' expectations of $17.05 million. ViewRay had a negative trailing twelve-month return on equity of 78.03% and a negative net margin of 121.25%. The firm's revenue for the quarter was up 90.1% compared to the same quarter last year. During the same quarter last year, the company posted ($0.19) EPS.

ViewRay updated its FY 2022 earnings guidance on Monday, January, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $102.00 million-$102.00 million, compared to the consensus revenue estimate of $100.17 million.

5 employees have rated ViewRay Chief Executive Officer Scott Drake on Glassdoor.com. Scott Drake has an approval rating of 59% among the company's employees. This puts Scott Drake in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other ViewRay investors own include Alibaba Group (BABA), Amarin (AMRN), Sorrento Therapeutics (SRNE), TherapeuticsMD (TXMD), Verastem (VSTM), Corbus Pharmaceuticals (CRBP), Viking Therapeutics (VKTX), AbbVie (ABBV), Accuray (ARAY) and Selecta Biosciences (SELB).

(VRAY) raised $52 million in an 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.

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

ViewRay's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.81%), Simplex Trading LLC (0.00%), Peregrine Capital Management LLC (0.64%), New York State Common Retirement Fund (0.40%), Legato Capital Management LLC (0.15%) and Assenagon Asset Management S.A. (0.14%). Insiders that own company stock include Brian K Roberts, Caley Castelein, Influence Ltd Strong, International Ltd Fosun, Scott William Drake, Susan C Schnabel and Zachary William Stassen.
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Shares of VRAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VRAY stock can currently be purchased for approximately $4.76.

ViewRay (NASDAQ:VRAY) has a market capitalization of $863.56 million and generates $70.12 million in revenue each year. The company earns $-110,050,000.00 in net income (profit) each year or ($0.59) on an earnings per share basis.

The company employs 267 workers across the globe.

ViewRay's mailing address is 2 THERMO FISHER WAY, OAKWOOD VILLAGE OH, 44146. The official website for the company is www.viewray.com. The company can be reached via phone at (440) 703-3210, via email at investors@viewray.com, or via fax at 800-417-3459.