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How to Use the MarketBeat Dividend Calculator
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden's Plan to Confiscate Your Cash? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden's Plan to Confiscate Your Cash? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,140.06
DOW   32,832.54
QQQ   320.71
How to Use the MarketBeat Dividend Calculator
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Two Appealing Biotech Stocks for Two Distinct investors
Is Tyson Foods A Buy On Post-Earnings Weakness? 
Pfizer buying spree continues with $5.4B hematology deal
Biden's Plan to Confiscate Your Cash? (Ad)
Nuclear plant in Ukraine is shelled; Rising dangers feared
Is DoorDash Ready To Sprint Higher? 
Closing prices for crude oil, gold and other commodities
Biden's Plan to Confiscate Your Cash? (Ad)
NASDAQ:VRAY

ViewRay - VRAY Stock Forecast, Price & News

$3.42
+0.01 (+0.29%)
(As of 08/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$3.38
$3.54
50-Day Range
$2.60
$3.42
52-Week Range
$2.39
$8.25
Volume
606,422 shs
Average Volume
1.44 million shs
Market Capitalization
$617.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.00

ViewRay MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
104.7% Upside
$7.00 Price Target
Short Interest
Bearish
5.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.57
Upright™ Environmental Score
News Sentiment
0.14mentions of ViewRay in the last 14 days
Based on 22 Articles This Week
Insider Trading
Acquiring Shares
$3.15 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.57) to ($0.50) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.42 out of 5 stars

Medical Sector

241st out of 1,293 stocks

Electromedical Equipment Industry

5th out of 29 stocks

VRAY stock logo

About ViewRay (NASDAQ:VRAY) Stock

ViewRay, Inc. designs, manufactures, and markets magnetic resonance imaging (MRI) guided radiation therapy systems to image and treat cancer patients in the United States, France, Taiwan, the United Kingdom, and internationally. The company provides MRIdian, which is an MRI guided radiation therapy system that addresses beam distortion, skin toxicity, and other concerns. The company serves university research and teaching hospitals, community hospitals, private practices, government institutions, and freestanding cancer centers. ViewRay, Inc. markets its MRIdian through a direct sales force and distribution network. The company was founded in 2004 and is headquartered in Oakwood, Ohio.

ViewRay Stock Up 2.9 %

Shares of ViewRay stock traded up $0.10 on Monday, reaching $3.51. 13,930 shares of the stock were exchanged, compared to its average volume of 1,450,473. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.66 and a current ratio of 3.04. The firm's 50 day moving average is $2.89 and its 200-day moving average is $3.38. ViewRay has a one year low of $2.39 and a one year high of $8.25.

ViewRay (NASDAQ:VRAY - Get Rating) last released its earnings results on Thursday, May 5th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.02. ViewRay had a negative return on equity of 75.54% and a negative net margin of 131.20%. The firm had revenue of $18.88 million during the quarter, compared to analysts' expectations of $15.62 million. During the same period in the prior year, the company earned ($0.17) earnings per share. The company's quarterly revenue was up 21.6% on a year-over-year basis. On average, sell-side analysts forecast that ViewRay will post -0.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

VRAY has been the subject of a number of analyst reports. Piper Sandler dropped their price target on shares of ViewRay from $7.00 to $6.00 and set an "overweight" rating for the company in a research report on Wednesday, August 3rd. BTIG Research dropped their price objective on ViewRay from $9.00 to $8.00 and set a "buy" rating for the company in a report on Friday, June 24th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $7.00.

Insider Buying and Selling

In other ViewRay news, Director Brian K. Roberts bought 16,000 shares of the firm's stock in a transaction on Wednesday, May 18th. The shares were purchased at an average price of $2.98 per share, for a total transaction of $47,680.00. Following the completion of the transaction, the director now directly owns 147,761 shares in the company, valued at approximately $440,327.78. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CEO Scott William Drake purchased 40,000 shares of the stock in a transaction dated Tuesday, May 10th. The stock was bought at an average cost of $2.61 per share, for a total transaction of $104,400.00. Following the completion of the acquisition, the chief executive officer now owns 3,994,730 shares of the company's stock, valued at $10,426,245.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Brian K. Roberts acquired 16,000 shares of the business's stock in a transaction that occurred on Wednesday, May 18th. The shares were purchased at an average cost of $2.98 per share, for a total transaction of $47,680.00. Following the acquisition, the director now owns 147,761 shares in the company, valued at $440,327.78. The disclosure for this purchase can be found here. Insiders acquired a total of 1,221,000 shares of company stock worth $3,125,180 in the last ninety days. 2.50% of the stock is owned by insiders.

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VRAY Stock News Headlines

Piper Sandler Cuts ViewRay (NASDAQ:VRAY) Price Target to $6.00
Where ViewRay Stands With Analysts - Benzinga
ViewRay, Inc. (VRAY) Q2 2022 Earnings Call Transcript
ViewRay: Q2 Earnings Insights - Benzinga
Earnings Preview For ViewRay - Benzinga
What Makes ViewRay (VRAY) a New Buy Stock
See More Headlines
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VRAY Company Calendar

Last Earnings
11/04/2021
Today
8/09/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Electromedical equipment
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:VRAY
Employees
267
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.00
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+104.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-110,050,000.00
Net Margins
-131.20%
Pretax Margin
-131.20%

Debt

Sales & Book Value

Annual Sales
$70.12 million
Book Value
$1.03 per share

Miscellaneous

Free Float
176,485,000
Market Cap
$617.17 million
Optionable
Optionable
Beta
1.15

Key Executives














VRAY Stock - Frequently Asked Questions

Should I buy or sell ViewRay stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ViewRay in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VRAY shares.
View VRAY analyst ratings
or view top-rated stocks.

What is ViewRay's stock price forecast for 2022?

4 analysts have issued 12-month price targets for ViewRay's shares. Their VRAY share price forecasts range from $6.00 to $8.00. On average, they expect the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 104.7% from the stock's current price.
View analysts price targets for VRAY
or view top-rated stocks among Wall Street analysts.

How has ViewRay's stock performed in 2022?

ViewRay's stock was trading at $5.51 at the beginning of the year. Since then, VRAY shares have decreased by 37.9% and is now trading at $3.42.
View the best growth stocks for 2022 here
.

When is ViewRay's next earnings date?

ViewRay is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our VRAY earnings forecast
.

How were ViewRay's earnings last quarter?

ViewRay, Inc. (NASDAQ:VRAY) released its earnings results on Thursday, November, 4th. The company reported ($0.15) earnings per share for the quarter, topping analysts' consensus estimates of ($0.16) by $0.01. The business earned $19.18 million during the quarter, compared to analyst estimates of $17.05 million. ViewRay had a negative trailing twelve-month return on equity of 75.54% and a negative net margin of 131.20%. The company's revenue was up 90.1% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.19) earnings per share.

What guidance has ViewRay issued on next quarter's earnings?

ViewRay updated its FY 2022 earnings guidance on Tuesday, August, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $90.00 million-$104.00 million, compared to the consensus revenue estimate of $96.82 million.

What is Scott Drake's approval rating as ViewRay's CEO?

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.

What other stocks do shareholders of ViewRay own?

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).

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 a price of $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.

What is ViewRay's stock symbol?

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

Who are ViewRay's major shareholders?

ViewRay's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.02%), Silverarc Capital Management LLC (0.41%), Allspring Global Investments Holdings LLC (0.25%), Royce & Associates LP (0.11%), Envestnet Asset Management Inc. (0.10%) and Joel Isaacson & Co. LLC (0.06%). Insiders that own company stock include Brian K Roberts, Caley Castelein, Influence Ltd Strong, International Ltd Fosun, James F Dempsey, Scott William Drake, Shahriar Matin, Susan C Schnabel and Zachary William Stassen.
View institutional ownership trends
.

How do I buy shares of ViewRay?

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.
Compare Top Brokerages Here.

What is ViewRay's stock price today?

One share of VRAY stock can currently be purchased for approximately $3.42.

How much money does ViewRay make?

ViewRay (NASDAQ:VRAY) has a market capitalization of $617.17 million and generates $70.12 million in revenue each year. The company earns $-110,050,000.00 in net income (profit) each year or ($0.60) on an earnings per share basis.

How many employees does ViewRay have?

ViewRay employs 267 workers across the globe.

How can I contact ViewRay?

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.

This page (NASDAQ:VRAY) was last updated on 8/9/2022 by MarketBeat.com Staff

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