About Varex Imaging (NASDAQ:VREX)
Varex Imaging Corporation is a supplier of medical X-ray tubes and image processing solutions. The Company’s segments include Medical and Industrial. The X-ray imaging system manufacturers use the Company’s components for medical imaging, cargo screening and border security, to detect, diagnose and protect. The Medical business segment designs, manufactures, sells and services X-ray imaging components for use in a range of applications, including radiographic or fluoroscopic imaging, mammography, special procedures, computed tomography, radiation therapy and computer-aided detection. The Industrial business segment designs, manufactures, sells and services products for use in security and industrial inspection applications, such as cargo screening at ports and borders and non-destructive examination in a range of applications.
Industry, Sector and Symbol
Industry Medical Diagnostic & Testing Equipment
Trailing P/E Ratio26.4452554744526
Forward P/E Ratio19.37
Sales & Book Value
Annual Sales$698.10 million
Price / Sales1.96
Cash Flow$2.59 per share
Price / Cash13.99
Book Value$10.53 per share
Price / Book3.44
Net Income$51.60 million
Return on Equity16.90%
Return on Assets6.58%
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) released its quarterly earnings data on Thursday, February, 1st. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.17. The company earned $176.20 million during the quarter, compared to analysts' expectations of $194 million. Varex Imaging had a net margin of 7.24% and a return on equity of 16.90%. Varex Imaging's quarterly revenue was up 11.9% on a year-over-year basis. During the same period last year, the firm earned $0.37 earnings per share. View Varex Imaging's Earnings History.
What guidance has Varex Imaging issued on next quarter's earnings?
Varex Imaging issued an update on its FY18 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of $1.82-1.92 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.91. The company issued revenue guidance of $630-717 million (+13-14%), compared to the consensus revenue estimate of $792.83 million.
Where is Varex Imaging's stock going? Where will Varex Imaging's stock price be in 2018?
2 analysts have issued twelve-month price targets for Varex Imaging's shares. Their predictions range from $33.00 to $39.00. On average, they anticipate Varex Imaging's share price to reach $36.00 in the next year. View Analyst Ratings for Varex Imaging.
Who are some of Varex Imaging's key competitors?
Some companies that are related to Varex Imaging include Immunomedics (IMMU), Inogen (INGN), AMN Healthcare Services (AMN), Udg Healthcare (UDHCF), National Vision (EYE), Evotec (EVTCY), argenx SE - American Depositary Shares (ARGX), Select Medical (SEM), Nevro (NVRO), Ultragenyx Pharmaceutical (RARE), Merit Medical Systems (MMSI), Horizon Pharma (HZNP), Ironwood Pharmaceuticals (IRWD), Halyard Health (HYH), Teladoc (TDOC), Sangamo Therapeutics (SGMO), Wright Medical Group (WMGI) and Myokardia (MYOK).
Who are Varex Imaging's key executives?
Varex Imaging's management team includes the folowing people:
- Ruediger Naumann-Etienne Ph.D., Independent Chairman of the Board (Age 71)
- Sunny S. Sanyal, President, Chief Executive Officer, Director (Age 53)
- Clarence R. Verhoef, Chief Financial Officer, Senior Vice President (Age 62)
- Kimberley E. Honeysett, Senior Vice President, General Counsel, Corporate Secretary (Age 46)
- Brian W. Giambattista, Senior Vice President, General Manager - X-ray Detectors (Age 59)
- Mark S. Jonaitis, Senior Vice President & General Manager - X-Ray Sources (Age 55)
- Carl E. LaCasce, Senior Vice President - Sales & Marketing and Customer Operations (Age 61)
- Richard E. Colbeth, Senior Vice President of Engineering, X-ray Detectors (Age 56)
- Kevin Bruce Yankton, Chief Accounting Officer, Corporate Controller (Age 51)
- Jocelyn D. Chertoff M.D., Independent Director (Age 62)
Who owns Varex Imaging stock?
Varex Imaging's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.93%), QV Investors Inc. (5.41%), Rutabaga Capital Management LLC MA (1.25%), Bank of New York Mellon Corp (1.22%), Renaissance Technologies LLC (1.14%) and Cooke & Bieler LP (0.99%). Company insiders that own Varex Imaging stock include Mark S Jonaitis and Sunny Sanyal. View Institutional Ownership Trends for Varex Imaging.
Who sold Varex Imaging stock? Who is selling Varex Imaging stock?
Varex Imaging's stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Rutabaga Capital Management LLC MA, Goldman Sachs Group Inc., QV Investors Inc., TIAA CREF Investment Management LLC, Schwab Charles Investment Management Inc., Allianz Asset Management GmbH and Engineers Gate Manager LP. Company insiders that have sold Varex Imaging company stock in the last year include Mark S Jonaitis and Sunny Sanyal. View Insider Buying and Selling for Varex Imaging.
Who bought Varex Imaging stock? Who is buying Varex Imaging stock?
Varex Imaging's stock was acquired by a variety of institutional investors in the last quarter, including Cooke & Bieler LP, APG Asset Management N.V., Renaissance Technologies LLC, Earnest Partners LLC, Keeley Teton Advisors LLC, Deutsche Bank AG, BlackRock Inc. and WINTON GROUP Ltd. View Insider Buying and Selling for Varex Imaging.
How do I buy Varex Imaging stock?
Shares of Varex Imaging 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 Varex Imaging stock can currently be purchased for approximately $36.23.
How big of a company is Varex Imaging?
Varex Imaging has a market capitalization of $1.37 billion and generates $698.10 million in revenue each year. The company earns $51.60 million in net income (profit) each year or $1.37 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 S. 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 (VREX)MarketBeat's community ratings are surveys of what our community members think about Varex Imaging and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Varex Imaging (NASDAQ:VREX) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Hold||Buy|
|Consensus Rating Score: ||2.50||2.50||2.00||2.50|
|Ratings Breakdown: ||0 Sell Rating(s)|
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$36.00||$36.00||$36.00||$33.50|
|Price Target Upside: ||4.86% downside||4.86% downside||5.26% upside||14.73% upside|
Varex Imaging (NASDAQ:VREX) Consensus Price Target History
Varex Imaging (NASDAQ:VREX) Analyst Ratings History
(Data available from 2/24/2016 forward)
Varex Imaging (NASDAQ:VREX) Earnings History and Estimates Chart
Varex Imaging (NASDAQ VREX) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/1/2018||Q1 2018||$0.40||$0.23||$194.00 million||$176.20 million||View||Listen|
|11/9/2017||Q4 2047||$0.52||$0.59||$213.73 million||$216.00 million||View||N/A|
|8/3/2017||Q3 2017||$0.51||$0.44||$179.05 million||$170.00 million||View||Listen|
|5/4/2017||Q2 2017||$0.41||$0.40||$157.40 million||$154.80 million||View||Listen|
Varex Imaging (NASDAQ:VREX) Earnings Estimates
2018 EPS Consensus Estimate: $2.05
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Varex Imaging (NASDAQ:VREX)
No dividend announcements for this company have been tracked by MarketBeat.com
Varex Imaging (NASDAQ VREX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 93.12%
Varex Imaging (NASDAQ VREX) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/16/2017||Sunny Sanyal||Insider||Sell||50,000||$36.50||$1,825,000.00|| |
|4/17/2017||Mark S. Jonaitis||SVP||Sell||18,089||$33.54||$606,705.06|| |
Varex Imaging (NASDAQ VREX) News Headlines
|Zacks: Varex Imaging Corp (VREX) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - February 24 at 1:24 AM
|Varex Imaging (VREX) Rating Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - February 21 at 12:02 PM
|Varex Imaging To Participate In BTIG Healthcare Conference|
finance.yahoo.com - February 20 at 5:56 PM
| Analysts Set $38.50 Target Price for Varex Imaging Corp (VREX)|
www.americanbankingnews.com - February 20 at 12:49 PM
|Varex Imaging To Webcast Annual Meeting Of Stockholders|
finance.yahoo.com - February 14 at 8:31 AM
| Brokerages Expect Varex Imaging Corp (VREX) Will Announce Quarterly Sales of $189.11 Million|
www.americanbankingnews.com - February 8 at 2:24 AM
| Brokerages Anticipate Varex Imaging Corp (VREX) Will Announce Earnings of $0.44 Per Share|
www.americanbankingnews.com - February 6 at 11:22 PM
|Zacks: Varex Imaging Corp (VREX) Receives Average Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - February 5 at 7:32 AM
|Varex Imaging Corp (VREX) to Post Q2 2018 Earnings of $0.50 Per Share, Jefferies Group Forecasts|
www.americanbankingnews.com - February 5 at 3:02 AM
|Varex Imaging Corporation (VREX) Misses Q1 EPS by 17c, Miss on Revenues; Offers FY18 EPS Guidance Below Consensus|
www.streetinsider.com - February 2 at 8:10 AM
|Varex Imaging Announces Financial Results For First Quarter Of Fiscal Year 2018|
finance.yahoo.com - February 2 at 8:10 AM
|Varex Imaging (VREX) Announces Quarterly Earnings Results, Misses Expectations By $0.17 EPS|
www.americanbankingnews.com - February 1 at 9:14 PM
|Varex Imaging (VREX) Issues FY18 Earnings Guidance|
www.americanbankingnews.com - February 1 at 5:56 PM
| Varex Imaging Corp (VREX) Given $41.67 Average Target Price by Analysts|
www.americanbankingnews.com - January 28 at 11:34 AM
|Zacks: Varex Imaging Corp (VREX) Given Consensus Rating of "Buy" by Analysts|
www.americanbankingnews.com - January 25 at 1:47 PM
|Varex Imaging (VREX) Scheduled to Post Quarterly Earnings on Thursday|
www.americanbankingnews.com - January 25 at 2:24 AM
|$193.61 Million in Sales Expected for Varex Imaging Corp (VREX) This Quarter|
www.americanbankingnews.com - January 23 at 1:48 PM
|Zacks: Analysts Anticipate Varex Imaging Corp (VREX) Will Post Earnings of $0.40 Per Share|
www.americanbankingnews.com - January 21 at 1:14 AM
|Brokerages Expect Varex Imaging Corp (VREX) to Announce $0.40 EPS|
www.americanbankingnews.com - January 20 at 9:16 PM
|Varex Imaging Schedules First Quarter Fiscal Year 2018 Earnings Release And Conference Call|
finance.yahoo.com - January 16 at 10:29 AM
|Varex Imaging Corp (VREX) Expected to Announce Quarterly Sales of $193.61 Million|
www.americanbankingnews.com - January 6 at 6:48 AM
|Zacks: Varex Imaging Corp (VREX) Given Consensus Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - January 5 at 2:04 AM
|$0.40 EPS Expected for Varex Imaging Corp (VREX) This Quarter|
www.americanbankingnews.com - January 4 at 5:10 AM
|Varex Imaging Corp. :VREX-US: Earnings Analysis: Q4, 2017 By the Numbers : January 1, 2018|
finance.yahoo.com - January 1 at 10:18 AM
|Varex Imaging (VREX) Upgraded to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - December 23 at 10:30 AM
|Zacks: Brokerages Set $37.33 Target Price for Varex Imaging (VREX)|
www.americanbankingnews.com - December 21 at 5:38 AM
|Varex Imaging (VREX) Upgraded by J P Morgan Chase & Co to "Neutral"|
www.americanbankingnews.com - December 20 at 11:32 PM
|Varex Sets Annual Meeting And Record Dates|
finance.yahoo.com - December 19 at 10:34 AM
|$0.40 Earnings Per Share Expected for Varex Imaging (VREX) This Quarter|
www.americanbankingnews.com - December 18 at 1:44 PM
|ETFs with exposure to Varex Imaging Corp. : December 15, 2017|
finance.yahoo.com - December 15 at 4:41 PM
|Varex Imaging Corp. :VREX-US: Earnings Analysis: 2017 By the Numbers : December 14, 2017|
finance.yahoo.com - December 14 at 4:57 PM
|Head-To-Head Review: Sequenom (SQNM) versus Varex Imaging (VREX)|
www.americanbankingnews.com - December 6 at 5:52 PM
|Zacks: Varex Imaging (VREX) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - December 6 at 3:34 PM
| Analysts Expect Varex Imaging (VREX) Will Announce Quarterly Sales of $193.61 Million|
www.americanbankingnews.com - December 2 at 6:56 AM
|Varex Imaging (VREX) Expected to Post Earnings of $0.40 Per Share|
www.americanbankingnews.com - November 30 at 1:46 PM
|Varex Imaging To Showcase New X-ray Components At RSNA Annual Meeting And Exhibition|
www.prnewswire.com - November 27 at 6:49 AM
|Brokerages Anticipate Varex Imaging (VREX) to Post $0.40 EPS|
www.americanbankingnews.com - November 21 at 1:52 PM
|Varex Imaging (VREX) Insider Sells $1,825,000.00 in Stock|
www.americanbankingnews.com - November 20 at 4:22 PM
|Varex Imaging (VREX) Lowered to "Sell" at Zacks Investment Research|
www.americanbankingnews.com - November 14 at 12:26 PM
|Analysts Offer Predictions for Varex Imaging's Q1 2018 Earnings (VREX)|
www.americanbankingnews.com - November 13 at 5:16 AM
|Varex Imaging Announces Financial Results For Fourth Quarter And Fiscal Year 2017|
finance.yahoo.com - November 12 at 1:15 PM
| Analysts Expect Varex Imaging (VREX) to Post $0.40 Earnings Per Share|
www.americanbankingnews.com - November 12 at 1:08 AM
|Varex Imaging (VREX) Given New $39.00 Price Target at Jefferies Group LLC|
www.americanbankingnews.com - November 10 at 11:24 AM
|Varex Imaging (VREX) Issues Quarterly Earnings Results, Beats Expectations By $0.07 EPS|
www.americanbankingnews.com - November 9 at 10:36 PM
|Varex Imaging (VREX) Releases FY18 Earnings Guidance|
www.americanbankingnews.com - November 9 at 5:24 PM
|Varex Imaging To Participate In Several Upcoming Investor Events|
finance.yahoo.com - November 9 at 9:38 AM
|Zacks: Varex Imaging (VREX) Given $35.67 Consensus Price Target by Analysts|
www.americanbankingnews.com - November 6 at 5:22 AM
|VAREX IMAGING (VREX) Scheduled to Post Earnings on Thursday|
www.americanbankingnews.com - November 2 at 3:32 AM
|Varex Imaging Schedules Fourth Quarter And Fiscal Year 2017 Earnings Release And Conference Call|
finance.yahoo.com - October 20 at 9:59 AM
|Varex Imaging to Host Manufacturing Day Event for Local College and University Students|
finance.yahoo.com - October 18 at 10:24 AM
Varex Imaging (NASDAQ:VREX) SEC Filings
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Varex Imaging (NASDAQ:VREX) Income Statement, Balance Sheet and Cash Flow Statement
Varex Imaging (NASDAQ VREX) Stock Chart for Saturday, February, 24, 2018