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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
The Strategic Gold Play You Haven't Heard About (Ad)
Stock market today: World shares are mixed, Chinese markets surge, after latest retreat on Wall St
Analysts Recommend These Mining Stocks Before Metal Prices Rally
The Strategic Gold Play You Haven't Heard About (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Turkey’s central bank hikes interest rates again in further shift in economic policies
The Strategic Gold Play You Haven't Heard About (Ad)
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
NASDAQ:VREX

Varex Imaging (VREX) Stock Forecast, Price & News

$18.54
+0.24 (+1.31%)
(As of 09/21/2023 ET)
Compare
Today's Range
$18.18
$18.60
50-Day Range
$18.30
$23.29
52-Week Range
$17.11
$23.90
Volume
205,389 shs
Average Volume
342,328 shs
Market Capitalization
$749.02 million
P/E Ratio
26.11
Dividend Yield
N/A
Price Target
$33.00

Varex Imaging MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
78.0% Upside
$33.00 Price Target
Short Interest
Bearish
9.50% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.71
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
13.56%
From $1.18 to $1.34 Per Share

Overall MarketRank

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

2.44 out of 5 stars

Medical Sector

209th out of 965 stocks

Electronic Components, Not Elsewhere Classified Industry

3rd out of 7 stocks


VREX stock logo

About Varex Imaging (NASDAQ:VREX) Stock

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, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys. This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, oncology, CT, cardiac, surgery, dental, computer-aided detection, and other diagnostic radiography uses. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, and high voltage connectors for use in security and inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive testing and examination 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 Price History

VREX Stock News Headlines

Varex to Present at the Sidoti Small Cap Virtual Conference
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
Q3 2023 Varex Imaging Corp Earnings Call
The Strategic Gold Play You Haven't Heard About
Experts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure.
Varex Imaging (NASDAQ: VREX)
Q2 2023 Varex Imaging Corp Earnings Call
See More Headlines
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VREX Company Calendar

Last Earnings
8/01/2023
Today
9/21/2023
Fiscal Year End
9/30/2023
Next Earnings (Estimated)
11/21/2023

Industry, Sector and Symbol

Industry
Electronic components, not elsewhere classified
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:VREX
Fax
N/A
Employees
2,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$33.00
High Stock Price Forecast
$42.00
Low Stock Price Forecast
$24.00
Forecasted Upside/Downside
+78.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$30.30 million
Pretax Margin
4.95%

Debt

Sales & Book Value

Annual Sales
$859.40 million
Cash Flow
$1.87 per share
Book Value
$13.74 per share

Miscellaneous

Free Float
38,703,000
Market Cap
$749.02 million
Optionable
Optionable
Beta
0.82
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Key Executives

  • Mr. Sunny S. SanyalMr. Sunny S. Sanyal (Age 59)
    Pres, CEO & Director
    Comp: $1.48M
  • Mr. Shubham Maheshwari (Age 51)
    CFO & Principal Accounting Officer
    Comp: $877.85k
  • Ms. Kimberley E. Honeysett (Age 51)
    Chief Legal Officer, Gen. Counsel & Corp. Sec.
    Comp: $648.74k
  • Mr. Andrew J. Hartmann (Age 60)
    Sr. VP & GM of X-ray Detectors
    Comp: $600.08k
  • Mr. Christopher John Belfiore
    Director of Investor Relations
  • David Carmona
    VP of Medical Global Sales & Marketing
  • Karen Aranki
    Chief HR Officer
  • Mr. Mark S. Jonaitis (Age 61)
    Sr. VP & GM of X-Ray Sources
  • Mr. Shaohua Liang
    VP & MD for China













VREX Stock - Frequently Asked Questions

Should I buy or sell Varex Imaging stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Varex Imaging in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VREX shares.
View VREX analyst ratings
or view top-rated stocks.

What is Varex Imaging's stock price forecast for 2023?

2 equities research analysts have issued 1-year target prices for Varex Imaging's shares. Their VREX share price forecasts range from $24.00 to $42.00. On average, they predict the company's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 78.0% from the stock's current price.
View analysts price targets for VREX
or view top-rated stocks among Wall Street analysts.

How have VREX shares performed in 2023?

Varex Imaging's stock was trading at $20.30 at the beginning of the year. Since then, VREX shares have decreased by 8.7% and is now trading at $18.54.
View the best growth stocks for 2023 here
.

When is Varex Imaging's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 21st 2023.
View our VREX earnings forecast
.

How were Varex Imaging's earnings last quarter?

Varex Imaging Co. (NASDAQ:VREX) released its quarterly earnings data on Tuesday, August, 1st. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.04. The business had revenue of $232.20 million for the quarter, compared to analysts' expectations of $228.57 million. Varex Imaging had a net margin of 3.28% and a trailing twelve-month return on equity of 8.24%. The company's revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.20 EPS.

What ETFs hold Varex Imaging's stock?

ETFs with the largest weight of Varex Imaging (NASDAQ:VREX) stock in their portfolio include SPDR Kensho Future Security ETF (FITE) and Invesco S&P SmallCap Health Care ETF (PSCH).iShares U.S. Medical Devices ETF (IHI).

What guidance has Varex Imaging issued on next quarter's earnings?

Varex Imaging updated its fourth quarter 2023 earnings guidance on Tuesday, August, 1st. The company provided earnings per share guidance of $0.20-$0.40 for the period, compared to the consensus estimate of $0.38. The company issued revenue guidance of $220.00 million-$240.00 million, compared to the consensus revenue estimate of $235.77 million.

What other stocks do shareholders of Varex Imaging own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Varex Imaging investors own include Gilead Sciences (GILD), Pfizer (PFE), Varian Medical Systems (VAR), Verizon Communications (VZ), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Bausch Health Companies (BHC), Bank of America (BAC) and International Business Machines (IBM).

What is Varex Imaging's stock symbol?

Varex Imaging trades on the NASDAQ under the ticker symbol "VREX."

Who are Varex Imaging's major shareholders?

Varex Imaging's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (18.56%), Allspring Global Investments Holdings LLC (7.25%), Shapiro Capital Management LLC (6.60%), Dimensional Fund Advisors LP (5.68%), State Street Corp (4.82%) and Cooke & Bieler LP (4.51%). Insiders that own company stock include Jay K Kunkel, Kimberley E Honeysett, Ruediger Naumann-Etienne 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Varex Imaging's stock price today?

One share of VREX stock can currently be purchased for approximately $18.54.

How much money does Varex Imaging make?

Varex Imaging (NASDAQ:VREX) has a market capitalization of $749.02 million and generates $859.40 million in revenue each year. The company earns $30.30 million in net income (profit) each year or $0.71 on an earnings per share basis.

How many employees does Varex Imaging have?

The company employs 2,300 workers across the globe.

How can I contact Varex Imaging?

Varex Imaging's mailing address is 1678 SOUTH PIONEER ROAD, SALT LAKE CITY UT, 84104. The official website for the company is www.vareximaging.com. The company can be reached via phone at (801) 972-5000 or via email at howard.goldman@vareximaging.com.

This page (NASDAQ:VREX) was last updated on 9/22/2023 by MarketBeat.com Staff

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