NASDAQ:VRAY ViewRay - VRAY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding ViewRay, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $4.76 +0.17 (+3.70%) (As of 02/2/2023 12:00 AM ET) Add Compare Share Share Today's Range$4.61▼$4.7950-Day Range$4.27▼$4.8252-Week Range$2.39▼$4.96Volume1.23 million shsAverage Volume1.10 million shsMarket Capitalization$863.56 millionP/E RatioN/ADividend YieldN/APrice Target$6.33 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability ViewRay MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside33.1% Upside$6.33 Price TargetShort InterestBearish3.92% of Float Sold ShortDividend StrengthN/ASustainability-0.49Upright™ Environmental ScoreNews SentimentN/AInsider TradingAcquiring Shares$117,500 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.60) to ($0.57) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.36 out of 5 starsMedical Sector222nd out of 1,030 stocksElectromedical Equipment Industry5th out of 24 stocks 3.4 Analyst's Opinion Consensus RatingViewRay has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.33, ViewRay has a forecasted upside of 33.1% from its current price of $4.76.Amount of Analyst CoverageViewRay has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.92% of the float of ViewRay has been sold short.Short Interest Ratio / Days to CoverViewRay has a short interest ratio ("days to cover") of 7.8.Change versus previous monthShort interest in ViewRay has recently increased by 5.84%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldViewRay does not currently pay a dividend.Dividend GrowthViewRay does not have a long track record of dividend growth. Previous Next 5.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreViewRay has received a 82.75% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "MRI machines", "Radiation therapy machines", and "Medical technology engineering" products. See details.Environmental SustainabilityThe Environmental Impact score for ViewRay is -0.49. Previous Next 1.9 News and Social Media Coverage News SentimentViewRay has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for ViewRay this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for VRAY on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows3 people have added ViewRay to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ViewRay insiders have bought more of their company's stock than they have sold. Specifically, they have bought $117,500.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.50% of the stock of ViewRay is held by insiders.Percentage Held by Institutions84.40% of the stock of ViewRay is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for ViewRay are expected to grow in the coming year, from ($0.60) to ($0.57) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ViewRay is -8.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of ViewRay is -8.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioViewRay has a P/B Ratio of 4.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ViewRay (NASDAQ:VRAY) StockViewRay, Inc. designs, manufactures and markets magnetic resonance imaging (MRI) system. It develops MRIdian to address the limitations of existing external-beam radiation therapy technologies, and employs MRI-based technology to provide real-time imaging that defines the tumor from the surrounding soft tissue, and other critical organs, both before and during radiation treatment delivery. The company was founded by Dinara Akzhigitova in 2004 and is headquartered in Oakwood Village, OH.Read More Receive VRAY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ViewRay and its competitors with MarketBeat's FREE daily newsletter. Email Address VRAY Stock News HeadlinesJanuary 31, 2023 | finance.yahoo.comViewRay Announces Conference Call for Fourth Quarter 2022 Financial Results to be Held After Market on February 27, 2023January 12, 2023 | finance.yahoo.comFindings Published in JAMA Oncology Demonstrate Superiority of MRIdian® MRI-Guidance in Stereotactic Body Radiotherapy (SBRT) for Localized Prostate CancerFebruary 2, 2023 | Investing Trends (Ad)The Biggest "Missing Ingredient" in the $7 Trillion EV MarketChina has owned the graphite market for decades. But the U.S. just added graphite to a list of super-critical minerals... "essential for America's National Defense." Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market.January 9, 2023 | finance.yahoo.comViewRay Announces Preliminary Fourth Quarter and Full Year 2022 Results; appoints William P. "Bill" Burke as Chief Financial OfficerJanuary 5, 2023 | finance.yahoo.comChindex Medical Acquires 10 ViewRay MRIdian® Systems for Advanced Cancer TreatmentDecember 27, 2022 | finance.yahoo.comWith 63% ownership, ViewRay, Inc. (NASDAQ:VRAY) boasts of strong institutional backingNovember 30, 2022 | finance.yahoo.comSusan Schnabel Just Bought 33% More Shares In ViewRay, Inc. (NASDAQ:VRAY)November 24, 2022 | seekingalpha.comViewRay: Revise Thesis To Buy, Multiple Upside Targets In PlaceFebruary 2, 2023 | Investing Trends (Ad)The Biggest "Missing Ingredient" in the $7 Trillion EV MarketChina has owned the graphite market for decades. But the U.S. just added graphite to a list of super-critical minerals... "essential for America's National Defense." Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market.November 15, 2022 | finance.yahoo.comViewRay Expands Access to Non-Dilutive Capital With New Debt FacilityNovember 14, 2022 | finance.yahoo.comViewRay® to Participate in the 34th Annual Piper Sandler Healthcare ConferenceOctober 27, 2022 | finance.yahoo.comMIRAGE Phase III Randomized Controlled Trial Demonstrates Superiority of MRIdian® MRI-Guidance in Stereotactic Body Radiotherapy (SBRT) for Localized Prostate CancerOctober 25, 2022 | reuters.comVRAY.OQ - Viewray Inc | Stock Price & Latest News | ReutersOctober 24, 2022 | finance.yahoo.comViewRay Announces Primary Endpoint Outcome from First Prospective, Multi-Institutional Study to Deliver Ablative Doses of Radiation to Pancreatic Cancer PatientsOctober 19, 2022 | finance.yahoo.comMRIdian Clinical Studies and Initial MRIdian A3i Clinical Experience to be Highlighted at ASTRO 2022October 18, 2022 | finance.yahoo.comViewRay Launches Phase III Pancreatic Cancer Study to Demonstrate Superior Overall Survival for Patients Receiving MRI-guided Ablative Radiation TherapyOctober 16, 2022 | finance.yahoo.comViewRay Announces Conference Call for Third Quarter 2022 Financial Results to be Held After Market on November 1, 2022 - Yahoo FinanceOctober 4, 2022 | finance.yahoo.comSan Pietro Fatebenefratelli Hospital Treats its 1,000th Patient with MRIdian® MRI-Guided Radiation TherapyOctober 3, 2022 | benzinga.comViewRay to host Investor Day - ViewRay (NASDAQ:VRAY) - BenzingaOctober 3, 2022 | finance.yahoo.comViewRay to host Investor DaySeptember 30, 2022 | businesswire.comInsights on the Radiation Oncology Global Market to 2027 - Rapid Expansion of Cancer Research Centers Worldwide is Positively Influencing Growth - ResearchAndMarkets.com - Business WireSeptember 25, 2022 | reuters.comVRAY.A - Viewray Inc | Stock Price & Latest News | ReutersSeptember 20, 2022 | finance.yahoo.comMD Anderson Cancer Center Selects ViewRay to Expand MR-Guided Radiation Therapy ProgramSeptember 15, 2022 | realmoney.thestreet.comWhat Will Bail You Out in a Bull Market Will Bury You in Bear Market - RealMoneySeptember 9, 2022 | benzinga.comViewRay (NASDAQ:VRAY) – ViewRay® to Present at the Morgan Stanley 20th Annual Global Healthcare Conferenc - BenzingaSeptember 9, 2022 | finance.yahoo.comViewRay® to Present at the Morgan Stanley 20th Annual Global Healthcare ConferenceSeptember 8, 2022 | finance.yahoo.comGenesisCare Purchases Two Additional ViewRay MRIdian MRI-guided Radiotherapy Systems for Guildford and Birmingham Projects, Doubling United Kingdom Footprint to Four SystemsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive VRAY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ViewRay and its competitors with MarketBeat's FREE daily newsletter. Email Address VRAY Company Calendar Last Earnings11/04/2021Today2/02/2023Next Earnings (Confirmed)2/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electromedical equipment Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:VRAY CUSIPN/A CIK1597313 Webwww.viewray.com Phone(440) 703-3210Fax800-417-3459Employees267Year Founded2004Price Target and Rating Average Stock Price Forecast$6.33 High Stock Price Forecast$7.00 Low Stock Price Forecast$5.50 Forecasted Upside/Downside+33.1%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.59) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-110,050,000.00 Net Margins-121.25% Pretax Margin-121.25% Return on Equity-78.03% Return on Assets-36.84% Debt Debt-to-Equity Ratio0.56 Current Ratio2.67 Quick Ratio2.30 Sales & Book Value Annual Sales$70.12 million Price / Sales12.32 Cash FlowN/A Price / Cash FlowN/A Book Value$1.03 per share Price / Book4.62Miscellaneous Outstanding Shares181,420,000Free Float176,881,000Market Cap$863.56 million OptionableOptionable Beta1.01 Social Links Key ExecutivesScott William DrakePresident, Chief Executive Officer & DirectorWilliam Patrick BurkeChief Financial Officer & Executive Vice PresidentJames F. DempseyChief Scientific OfficerMartin FussChief Medical OfficerRobert S. McCormackSecretary, Senior VP & General CounselKey CompetitorsBioLife SolutionsNASDAQ:BLFSZynexNASDAQ:ZYXIAxoGenNASDAQ:AXGNEdap TmsNASDAQ:EDAPOutset MedicalNASDAQ:OMView All CompetitorsInsiders & InstitutionsLegato Capital Management LLCBought 276,972 shares on 2/1/2023Ownership: 0.153%Geneos Wealth Management Inc.Sold 8,206 shares on 1/31/2023Ownership: 0.005%New York State Common Retirement FundSold 13,174 shares on 1/30/2023Ownership: 0.402%Joel Isaacson & Co. LLCBought 21,000 shares on 1/27/2023Ownership: 0.067%Denver Wealth Management Inc.Bought 16,000 shares on 1/27/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions 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 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. View VRAY analyst ratings or view top-rated stocks. What is ViewRay's stock price forecast for 2023? 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. View analysts price targets for VRAY or view top-rated stocks among Wall Street analysts. How have VRAY shares performed in 2023? 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. View the best growth stocks for 2023 here. When is ViewRay's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023. View our VRAY earnings forecast. How can I listen to ViewRay's earnings call? 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. How were ViewRay's earnings last quarter? 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. What guidance has ViewRay issued on next quarter's earnings? 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. 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 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. 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 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. 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 $4.76. How much money does ViewRay make? 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. How many employees does ViewRay have? The company employs 267 workers across the globe. Does ViewRay have any subsidiaries? The following companies are subsidiares of ViewRay: Vesuvius Acquisition Corp., ViewRay GmbH, and ViewRay Technologies Inc..Read More 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. 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