NASDAQ:VREX - Varex Imaging Stock Price, News, & Analysis

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$34.45 +1.51 (+4.58 %)
(As of 03/19/2019 03:07 PM ET)
Previous Close$32.94
Today's Range$33.47 - $34.45
52-Week Range$21.57 - $39.39
Volume7,954 shs
Average Volume241,891 shs
Market Capitalization$1.31 billion
P/E Ratio26.37
Dividend YieldN/A
Beta1.65
Varex Imaging Corporation designs and manufactures X-ray imaging components. The company operates in 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, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, ionization chambers, and buckys. This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, radiation therapy, oncology, cardiac, surgery, dental, and computer-aided detection. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, high voltage connectors, and image-processing software for use in security and industrial inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive examination in various applications. Varex Imaging Corporation sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. The company has operations in North America, Latin America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation is headquartered in Salt Lake City, Utah.

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Industry, Sector and Symbol

Industry Electronic components, not elsewhere classified
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:VREX
CUSIPN/A
Phone801-972-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$773.40 million
Cash Flow$2.6768 per share
Book Value$11.27 per share

Profitability

Net Income$27.50 million

Miscellaneous

Employees2,000
Market Cap$1.31 billion
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

Varex Imaging (NASDAQ:VREX) Frequently Asked Questions

What is Varex Imaging's stock symbol?

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

How were Varex Imaging's earnings last quarter?

Varex Imaging Corp (NASDAQ:VREX) announced its quarterly earnings results on Tuesday, February, 5th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by $0.01. The firm earned $185.70 million during the quarter, compared to the consensus estimate of $176.73 million. Varex Imaging had a return on equity of 12.10% and a net margin of 2.45%. The firm's revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.23 EPS. View Varex Imaging's Earnings History.

When is Varex Imaging's next earnings date?

Varex Imaging is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Varex Imaging.

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

Varex Imaging issued an update on its FY19 earnings guidance on Tuesday, February, 5th. The company provided earnings per share guidance of $1.25-1.55 for the period, compared to the Thomson Reuters consensus estimate of $1.36. The company issued revenue guidance of $755-780 million, compared to the consensus revenue estimate of $764.25 million.Varex Imaging also updated its FY 2019 guidance to $1.25-1.55 EPS.

What price target have analysts set for VREX?

4 brokerages have issued twelve-month price targets for Varex Imaging's stock. Their predictions range from $28.00 to $42.00. On average, they anticipate Varex Imaging's stock price to reach $34.50 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Price Targets for Varex Imaging.

What is the consensus analysts' recommendation for Varex Imaging?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varex Imaging in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Varex Imaging.

Has Varex Imaging been receiving favorable news coverage?

News coverage about VREX stock has been trending positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Varex Imaging earned a media sentiment score of 2.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days.

Who are some of Varex Imaging's key competitors?

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 NVIDIA (NVDA), Micron Technology (MU), Varian Medical Systems (VAR), Verizon Communications (VZ), Gilead Sciences (GILD), Exelixis (EXEL), Procter & Gamble (PG), Pfizer (PFE), AT&T (T) and QUALCOMM (QCOM).

Who are Varex Imaging's key executives?

Varex Imaging's management team includes the folowing people:
  • Mr. Sunny S. Sanyal, CEO, Pres & Director (Age 55)
  • Mr. Clarence R. Verhoef, Sr. VP & CFO (Age 64)
  • Ms. Kimberley E. Honeysett, Sr. VP, Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. Carl E. LaCasce, Sr. VP & GM of Industrial Imaging (Age 62)
  • Dr. Brian W. Giambattista, Sr. VP & GM of X-Ray Detectors (Age 60)

Who are Varex Imaging's major shareholders?

Varex Imaging's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.52%), QV Investors Inc. (4.57%), FMR LLC (3.65%), Pzena Investment Management LLC (3.57%), Commonwealth Bank of Australia (3.51%) and Dimensional Fund Advisors LP (2.73%). Company insiders that own Varex Imaging stock include Brian W Giambattista, Carl E Lacasce, Clarence R Verhoef, Kevin Bruce Yankton, Kimberley E Honeysett, Mark S Jonaitis, Ruediger Naumann-Etienne, Sunny Sanyal and Walter M Rosebrough, Jr. View Institutional Ownership Trends for Varex Imaging.

Which major investors are selling Varex Imaging stock?

VREX stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Ancora Advisors LLC, Principal Financial Group Inc., QV Investors Inc., KBC Group NV, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Raymond James & Associates and Keeley Teton Advisors LLC. Company insiders that have sold Varex Imaging company stock in the last year include Brian W Giambattista, Carl E Lacasce, Kevin Bruce Yankton, Kimberley E Honeysett and Ruediger Naumann-Etienne. View Insider Buying and Selling for Varex Imaging.

Which major investors are buying Varex Imaging stock?

VREX stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Norges Bank, WINTON GROUP Ltd, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Two Sigma Investments LP, BlackRock Inc. and Commonwealth Bank of Australia. Company insiders that have bought Varex Imaging stock in the last two years include Clarence R Verhoef, Sunny Sanyal and Walter M Rosebrough, Jr. View Insider Buying and Selling for Varex Imaging.

How do I buy shares of Varex Imaging?

Shares of VREX 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 Varex Imaging's stock price today?

One share of VREX stock can currently be purchased for approximately $34.14.

How big of a company is Varex Imaging?

Varex Imaging has a market capitalization of $1.30 billion and generates $773.40 million in revenue each year. The company earns $27.50 million in net income (profit) each year or $1.30 on an earnings per share basis. Varex Imaging employs 2,000 workers across the globe.

What is Varex Imaging's official website?

The official website for Varex Imaging is http://www.vareximaging.com.

How can I contact Varex Imaging?

Varex Imaging's mailing address is 1678 SOUTH PIONEER ROAD, SALT LAKE CITY UT, 84104. The company can be reached via phone at 801-972-5000 or via email at [email protected]


MarketBeat Community Rating for Varex Imaging (NASDAQ VREX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  132 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  281
MarketBeat's community ratings are surveys of what our community members think about Varex Imaging and other stocks. Vote "Outperform" if you believe VREX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VREX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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