NASDAQ:VREX - Varex Imaging Stock Price, Price Target & More

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$37.97 +0.45 (+1.20 %)
(As of 07/19/2018 01:19 PM ET)
Previous Close$37.07
Today's Range$37.07 - $37.97
52-Week Range$27.80 - $43.76
Volume1,197 shs
Average Volume243,283 shs
Market Capitalization$1.41 billion
P/E Ratio21.06
Dividend YieldN/A
Beta2.43
Varex Imaging logoVarex 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 flat panel image 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, and computer-aided detection. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors, high voltage connectors, and image-processing software for use in security and industrial inspection applications, such as airport security screening at ports and borders, as well as 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

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

Debt

Debt-to-Equity Ratio0.96
Current Ratio3.25
Quick Ratio1.46

Price-To-Earnings

Trailing P/E Ratio21.06
Forward P/E Ratio20.52
P/E Growth2.02

Sales & Book Value

Annual Sales$698.10 million
Price / Sales2.06
Cash Flow$2.6405 per share
Price / Cash14.38
Book Value$10.07 per share
Price / Book3.77

Profitability

EPS (Most Recent Fiscal Year)$1.80
Net Income$51.60 million
Net Margins6.43%
Return on Equity16.74%
Return on Assets6.33%

Miscellaneous

Employees2,000
Outstanding Shares37,950,000
Market Cap$1,413.79

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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) issued its quarterly earnings results on Thursday, May, 3rd. The company reported $0.45 EPS for the quarter, hitting the consensus estimate of $0.45. The company earned $201.20 million during the quarter, compared to analysts' expectations of $187.33 million. Varex Imaging had a net margin of 6.43% and a return on equity of 16.74%. Varex Imaging's revenue was up 30.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.43 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, August, 2nd 2018. View Earnings Estimates for Varex Imaging.

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

Varex Imaging issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share guidance of $1.82-1.92 for the period, compared to the Thomson Reuters consensus estimate of $1.86. The company issued revenue guidance of growth of 13-14%, compared to the consensus revenue estimate of $788.88 million.

What price target have analysts set for VREX?

3 brokerages have issued twelve-month price targets for Varex Imaging's stock. Their forecasts range from $33.00 to $39.00. On average, they anticipate Varex Imaging's stock price to reach $36.00 in the next year. This suggests that the stock has a possible downside of 5.0%. View Analyst Ratings for Varex Imaging.

What is the consensus analysts' recommendation for Varex Imaging?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varex Imaging in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Are investors shorting Varex Imaging?

Varex Imaging saw a decline in short interest in the month of June. As of June 15th, there was short interest totalling 1,616,810 shares, a decline of 35.9% from the May 31st total of 2,521,798 shares. Based on an average daily trading volume, of 203,244 shares, the short-interest ratio is currently 8.0 days. Approximately 4.3% of the company's shares are short sold. View Varex Imaging's Current Options Chain.

Who are some of Varex Imaging's key competitors?

Who are Varex Imaging's key executives?

Varex Imaging's management team includes the folowing people:
  • Mr. Sunny S. Sanyal, CEO, Pres & Director (Age 54)
  • Mr. Clarence R. Verhoef, Sr. VP & CFO (Age 63)
  • Mr. David Frick, VP of Operations
  • Mr. Kevin B. Yankton, Chief Accounting Officer and Corp. Controller
  • Mr. Howard A. Goldman, Director of Investor & PR

Has Varex Imaging been receiving favorable news coverage?

Media coverage about VREX stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Varex Imaging earned a daily sentiment score of 0.17 on Accern's scale. They also assigned media headlines about the company an impact score of 47.19 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Varex Imaging's major shareholders?

Varex Imaging's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.39%), Bank of Montreal Can (0.35%), Kirr Marbach & Co. LLC IN (0.03%), Xact Kapitalforvaltning AB (0.02%) and Amalgamated Bank (0.02%). Company insiders that own Varex Imaging stock include Brian W Giambattista, Carl E Lacasce, Kevin Bruce Yankton, Kimberley E Honeysett, Mark S Jonaitis, Ruediger Naumann-Etienne and Sunny Sanyal. 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 Kirr Marbach & Co. LLC IN. 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, Ruediger Naumann-Etienne and Sunny Sanyal. View Insider Buying and Selling for Varex Imaging.

Which major investors are buying Varex Imaging stock?

VREX stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Amalgamated Bank, Confluence Investment Management LLC and Xact Kapitalforvaltning AB. 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 $37.90.

How big of a company is Varex Imaging?

Varex Imaging has a market capitalization of $1.41 billion and generates $698.10 million in revenue each year. The company earns $51.60 million in net income (profit) each year or $1.80 on an earnings per share basis. Varex Imaging employs 2,000 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 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:  91 (Vote Outperform)
Underperform Votes:  104 (Vote Underperform)
Total Votes:  195
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 7/19/2018 by MarketBeat.com Staff

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