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NASDAQ:VREX

Varex Imaging (VREX) Stock Price, News & Analysis

$14.62
-0.11 (-0.75%)
(As of 07/26/2024 ET)
Today's Range
$14.36
$14.98
50-Day Range
$14.05
$15.90
52-Week Range
$13.97
$23.58
Volume
340,091 shs
Average Volume
391,154 shs
Market Capitalization
$597.96 million
P/E Ratio
16.43
Dividend Yield
N/A
Price Target
$30.00

Varex Imaging MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
105.2% Upside
$30.00 Price Target
Short Interest
Bearish
8.12% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.10
Upright™ Environmental Score
News Sentiment
1.06mentions of Varex Imaging in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
27.69%
From $0.65 to $0.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.67 out of 5 stars

Medical Sector

73rd out of 936 stocks

Electronic Components, Not Elsewhere Classified Industry

1st out of 7 stocks

VREX stock logo

About Varex Imaging Stock (NASDAQ:VREX)

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers. This segment's products are used in a range of applications, including CT, mammography, oncology, cardiac, surgery, dental, and other diagnostic radiography uses. The Industrial segment designs, develops, manufactures, sells, and services Linatron X-ray linear accelerators, X-ray tubes, digital detectors, high voltage connectors, and coolers for use in security and inspection applications, such as baggage screening at airports, cargo screening at ports and borders, and nondestructive testing, irradiation, and inspection in various applications. The company sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. It has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was incorporated in 2016 and is headquartered in Salt Lake City, Utah.

VREX Stock Price History

VREX Stock News Headlines

Varex Imaging (VREX) to Release Quarterly Earnings on Thursday
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See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Electronic components, not elsewhere classified
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:VREX
Fax
N/A
Employees
2,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.00
High Stock Price Target
$30.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+106.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$48.20 million
Pretax Margin
2.31%

Debt

Sales & Book Value

Annual Sales
$893.40 million
Cash Flow
$2.50 per share
Book Value
$14.38 per share

Miscellaneous

Free Float
38,773,000
Market Cap
$595.10 million
Optionable
Optionable
Beta
0.59
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Key Executives

  • Mr. Sunny S. SanyalMr. Sunny S. Sanyal (Age 60)
    President, CEO & Director
    Comp: $1.27M
  • Mr. Shubham Maheshwari (Age 53)
    CFO & Principal Accounting Officer
    Comp: $729.74k
  • Ms. Kimberley E. Honeysett (Age 54)
    Chief Legal Officer, General Counsel & Corporate Secretary
    Comp: $543.81k
  • Mr. Mark S. Jonaitis (Age 62)
    Senior VP & GM of X-Ray Sources
    Comp: $532.89k
  • Mr. Andrew J. Hartmann (Age 61)
    Senior VP & GM of X-ray Detectors
    Comp: $547.61k
  • Mr. Christopher John Belfiore
    Director of Investor Relations
  • David Carmona
    Vice President of Medical Global Sales & Marketing
  • Karen Aranki
    Chief Human Resources Officer
  • Mr. Shaohua Liang
    VP & MD for China

VREX Stock Analysis - Frequently Asked Questions

How have VREX shares performed this year?

Varex Imaging's stock was trading at $20.50 at the beginning of 2024. Since then, VREX shares have decreased by 28.7% and is now trading at $14.62.
View the best growth stocks for 2024 here
.

How were Varex Imaging's earnings last quarter?

Varex Imaging Co. (NASDAQ:VREX) announced its quarterly earnings results on Thursday, May, 2nd. The company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.23 by $0.07. Varex Imaging's quarterly revenue was down 9.6% compared to the same quarter last year.

Who are Varex Imaging's major shareholders?

Top institutional investors of Varex Imaging include Allspring Global Investments Holdings LLC (6.43%), Bank of New York Mellon Corp (0.84%), Harbor Capital Advisors Inc. (0.40%) and Assenagon Asset Management S.A. (0.33%). Insiders that own company stock include Ruediger Naumann-Etienne, Jay K Kunkel, Kimberley E Honeysett and Sunny Sanyal.
View institutional ownership trends
.

How do I buy shares of Varex Imaging?

Shares of VREX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Varex Imaging own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Varex Imaging investors own include Gilead Sciences (GILD), Pfizer (PFE), Varian Medical Systems (VAR), Verizon Communications (VZ), NVIDIA (NVDA), AT&T (T) and AbbVie (ABBV).

This page (NASDAQ:VREX) was last updated on 7/26/2024 by MarketBeat.com Staff

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