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

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$27.11 -0.75 (-2.69 %)
(As of 05/24/2019 06:12 AM ET)
Previous Close$27.86
Today's Range$26.94 - $27.6150
52-Week Range$21.57 - $39.39
Volume282,801 shs
Average Volume308,329 shs
Market Capitalization$1.04 billion
P/E Ratio20.85
Dividend YieldN/A
Beta1.58
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$2.4336 per share
Book Value$11.36 per share

Profitability

Net Income$27.50 million

Miscellaneous

Employees2,000
Market Cap$1.04 billion
Next Earnings Date8/1/2019 (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) released its quarterly earnings results on Tuesday, May, 7th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.01. The firm had revenue of $195.80 million for the quarter, compared to analysts' expectations of $194.76 million. Varex Imaging had a net margin of 1.65% and a return on equity of 10.93%. The business's quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.45 earnings per share. 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 1st 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, May, 7th. The company provided earnings per share guidance of $1.25-1.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.38. The company issued revenue guidance of $760-785 million, compared to the consensus revenue estimate of $774.50 million.

What price target have analysts set for VREX?

4 analysts have issued twelve-month price targets for Varex Imaging's stock. Their forecasts range from $28.00 to $42.00. On average, they anticipate Varex Imaging's stock price to reach $34.50 in the next year. This suggests a possible upside of 27.3% 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 trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Varex Imaging earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

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), Varian Medical Systems (VAR), Verizon Communications (VZ), Gilead Sciences (GILD), Micron Technology (MU), Bausch Health Companies (BHC), Exelixis (EXEL), Intel (INTC), Madrigal Pharmaceuticals (MDGL) and Overstock.com (OSTK).

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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.40%), QV Investors Inc. (3.67%), Dimensional Fund Advisors LP (3.10%), Commonwealth Bank of Australia (2.93%), Pzena Investment Management LLC (2.78%) and FMR LLC (2.55%). Company insiders that own Varex Imaging stock include Brian W Giambattista, Carl E Lacasce, Clarence R Verhoef, Kevin Bruce Yankton, Kimberley E Honeysett, Ruediger Naumann-Etienne, Sunny Sanyal and Walter M Rosebrough, Jr. View Institutional Ownership Trends for Varex Imaging.

Which institutional investors are selling Varex Imaging stock?

VREX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, QV Investors Inc., Morgan Stanley, CNH Partners LLC, Pzena Investment Management LLC, Commonwealth Bank of Australia, Rutabaga Capital Management LLC MA and JPMorgan Chase & Co.. Company insiders that have sold Varex Imaging company stock in the last year include Brian W Giambattista, Carl E Lacasce and Ruediger Naumann-Etienne. View Insider Buying and Selling for Varex Imaging.

Which institutional investors are buying Varex Imaging stock?

VREX stock was purchased by a variety of institutional investors in the last quarter, including Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Dimensional Fund Advisors LP, Jacobs Levy Equity Management Inc., Tributary Capital Management LLC, Goldman Sachs Group Inc., Charles Schwab Investment Management Inc. and Isthmus Partners LLC. 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 $27.11.

How big of a company is Varex Imaging?

Varex Imaging has a market capitalization of $1.04 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:  2.4 out of 5 (star star)
Outperform Votes:  142 (Vote Outperform)
Underperform Votes:  156 (Vote Underperform)
Total Votes:  298
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 5/24/2019 by MarketBeat.com Staff

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