NASDAQ:VRAY - Viewray Stock Price, News, & Analysis

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$8.25 -0.01 (-0.12 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$8.26
Today's Range$8.20 - $8.47
52-Week Range$4.86 - $13.21
Volume570,877 shs
Average Volume1.22 million shs
Market Capitalization$789.77 million
P/E Ratio-7.93
Dividend YieldN/A
Beta1.25
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.

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Industry, Sector and Symbol

Industry Electromedical equipment
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:VRAY
CUSIPN/A
Phone440-703-3210

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$34.04 million
Book Value$0.03 per share

Profitability

Net Income$-72,170,000.00
Net Margins-105.09%

Miscellaneous

Employees139
Market Cap$789.77 million
Next Earnings Date3/14/2019 (Confirmed)
OptionableOptionable

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 quarterly earnings results on Friday, August, 3rd. The company reported ($0.30) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by $0.09. The business earned $16.44 million during the quarter, compared to analysts' expectations of $15.97 million. Viewray had a negative net margin of 105.09% and a negative return on equity of 105.63%. The company's revenue for the quarter was up 2255.3% on a year-over-year basis. During the same period in the prior year, the company posted ($0.15) EPS. View Viewray's Earnings History.

When is Viewray's next earnings date?

Viewray is scheduled to release their next quarterly earnings announcement on Thursday, March 14th 2019. View Earnings Estimates for Viewray.

How can I listen to Viewray's earnings call?

Viewray will be holding an earnings conference call on Thursday, March 14th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

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

Viewray issued an update on its FY 2018 earnings guidance on Monday, January, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $81-81 million, compared to the consensus revenue estimate of $79.73 million.Viewray also updated its Q4 2018 guidance to EPS.

What price target have analysts set for VRAY?

8 equities research analysts have issued 1 year target prices for Viewray's stock. Their forecasts range from $7.00 to $20.00. On average, they anticipate Viewray's stock price to reach $13.25 in the next twelve months. This suggests a possible upside of 60.6% from the stock's current price. View Analyst Price Targets for Viewray.

What is the consensus analysts' recommendation for Viewray?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Viewray in the last year. There are currently 1 hold rating and 7 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. According to Zacks Investment Research, "ViewRay Inc. is a medical device company. The company develops advanced radiation therapy technology for the treatment of cancer. MRIdian system provides continuous soft-tissue imaging during treatment. ViewRay Inc. is headquartered in Oakwood Village, Ohio. " (2/9/2019)
  • 2. Northland Securities analysts commented, "We now expect Elekta to begin a full commercial launch beginning Q1-19 (calendar)." (12/6/2018)
  • 3. Cantor Fitzgerald analysts commented, "We reiterate our OW rating and 12-month PT of $13 on VRAY. VRAY has succeeded in bringing an MRI linear accelerator (linac) to market when its larger competitors could not. Its differentiated technology has the potential to change radiation therapy long term, but VRAY’s commercial launch is only in its infancy. Positive early clinical data are driving physician interest, but the price of the system has a significant premium (~50%) to existing linacs. VRAY, like many small capital equipment companies, has a good amount of risk, but we think momentum is building." (12/6/2018)
  • 4. 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)
  • 5. 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)

Has Viewray been receiving favorable news coverage?

News coverage about VRAY stock has been trending positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Viewray earned a coverage optimism score of 2.7 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

Are investors shorting Viewray?

Viewray saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 22,946,323 shares, an increase of 10.6% from the December 31st total of 20,738,196 shares. Based on an average daily volume of 1,431,259 shares, the short-interest ratio is presently 16.0 days. Currently, 33.6% of the company's stock are sold short. View Viewray's Current Options Chain.

Who are some of Viewray's key competitors?

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), Square (SQ), Advanced Micro Devices (AMD), Cara Therapeutics (CARA), Sarepta Therapeutics (SRPT), NVIDIA (NVDA), Amicus Therapeutics (FOLD), Adobe (ADBE), Bausch Health Companies (BHC) and Netflix (NFLX).

When did Viewray IPO?

(VRAY) raised $52 million in an initial public offering 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.

Who are Viewray's major shareholders?

Viewray's stock is owned by many different of institutional and retail investors. Top institutional investors include Orbimed Advisors LLC (5.38%), BlackRock Inc. (5.15%), Perceptive Advisors LLC (4.08%), Millennium Management LLC (3.63%), Partner Fund Management L.P. (2.21%) and Park West Asset Management LLC (2.20%). 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.

Which institutional investors are selling Viewray stock?

VRAY stock was sold by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, RTW Investments LP, Aisling Capital LLC, Orbimed Advisors LLC, Millennium Management LLC, Frontier Capital Management Co. LLC, Asymmetry Capital Management L.P. and Granite Investment 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 institutional investors are buying Viewray stock?

VRAY stock was bought by a variety of institutional investors in the last quarter, including Partner Fund Management L.P., Elk Creek Partners LLC, Broadfin Capital LLC, BlackRock Inc., Diag Capital Management LP, Penn Capital Management Co. Inc., Perceptive Advisors LLC and Royce & Associates LP. 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.

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 $8.25.

How big of a company is Viewray?

Viewray has a market capitalization of $789.77 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.

What is Viewray's official website?

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

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)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  185 (Vote Outperform)
Underperform Votes:  117 (Vote Underperform)
Total Votes:  302
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.
This page was last updated on 2/22/2019 by MarketBeat.com Staff

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