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

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$37.88 +0.17 (+0.45 %)
(As of 05/23/2018 03:28 AM ET)
Previous Close$37.71
Today's Range$37.26 - $37.99
52-Week Range$27.80 - $43.76
Volume183,400 shs
Average Volume244,881 shs
Market Capitalization$1.42 billion
P/E Ratio21.04
Dividend YieldN/A
Beta2.46

About Varex Imaging (NASDAQ:VREX)

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

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 Ratio21.04
Forward P/E Ratio20.48
P/E Growth2.03

Sales & Book Value

Annual Sales$698.10 million
Price / Sales2.06
Cash Flow$2.6178 per share
Price / Cash14.47
Book Value$10.07 per share
Price / Book3.76

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

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 (NASDAQ:VREX) announced its earnings results on Thursday, May, 3rd. The company reported $0.45 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.45. The firm earned $201.20 million during the quarter, compared to analyst estimates of $187.33 million. Varex Imaging had a return on equity of 16.74% and a net margin of 6.43%. The business's revenue was up 30.0% compared to the same quarter last year. During the same quarter in the prior 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 updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) 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 analysts have issued 1-year price objectives for Varex Imaging's stock. Their predictions range from $33.00 to $39.00. On average, they expect Varex Imaging's stock price to reach $36.00 in the next twelve months. View Analyst Ratings for Varex Imaging.

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 stories about VREX stock have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Varex Imaging earned a daily sentiment score of 0.12 on Accern's scale. They also assigned news stories about the company an impact score of 46.69 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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. (13.43%), First Eagle Investment Management LLC (4.66%), Loomis Sayles & Co. L P (1.80%), Principal Financial Group Inc. (1.64%), Principal Financial Group Inc. (1.64%) and Dimensional Fund Advisors LP (1.63%). Company insiders that own Varex Imaging stock include Kevin Bruce Yankton, Kimberley E Honeysett, Mark S Jonaitis 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 Russell Investments Group Ltd., WINTON GROUP Ltd, Foresters Investment Management Company Inc., Spark Investment Management LLC, Allianz Asset Management GmbH, JPMorgan Chase & Co., Keeley Teton Advisors LLC and Lapides Asset Management LLC. Company insiders that have sold Varex Imaging company stock in the last year include Kevin Bruce Yankton, Kimberley E Honeysett and Sunny Sanyal. View Insider Buying and Selling for Varex Imaging.

Which major investors are buying Varex Imaging stock?

VREX stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Earnest Partners LLC, Broadview Advisors LLC, Principal Financial Group Inc., Principal Financial Group Inc., Carillon Tower Advisers Inc., Punch & Associates Investment Management Inc. and Dimensional Fund Advisors LP. 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 $37.88.

How big of a company is Varex Imaging?

Varex Imaging has a market capitalization of $1.42 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 (VREX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  77 (Vote Outperform)
Underperform Votes:  91 (Vote Underperform)
Total Votes:  168
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.

Analyst Ratings

Varex Imaging (NASDAQ:VREX) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
3 Wall Street analysts have issued ratings and price targets for Varex Imaging in the last 12 months. Their average twelve-month price target is $36.00, suggesting that the stock has a possible downside of 4.96%. The high price target for VREX is $39.00 and the low price target for VREX is $33.00. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldBuyHold
Consensus Rating Score: 2.332.332.502.00
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 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)
Consensus Price Target: $36.00$36.00$36.00$36.00
Price Target Upside: 4.96% downside4.05% downside4.86% downside5.26% upside

Varex Imaging (NASDAQ:VREX) Consensus Price Target History

Price Target History for Varex Imaging (NASDAQ:VREX)

Varex Imaging (NASDAQ:VREX) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/19/2018SidotiInitiated CoverageNeutralMediumView Rating Details
12/20/2017JPMorgan ChaseUpgradeUnderweight ➝ NeutralHighView Rating Details
11/10/2017Jefferies GroupBoost Price TargetBuy$39.00N/AView Rating Details
(Data available from 5/23/2016 forward)

Earnings

Varex Imaging (NASDAQ:VREX) Earnings History and Estimates Chart

Earnings by Quarter for Varex Imaging (NASDAQ:VREX)

Varex Imaging (NASDAQ:VREX) Earnings Estimates

2018 EPS Consensus Estimate: $2.05
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.41$0.41$0.41
Q2 20181$0.50$0.50$0.50
Q3 20181$0.49$0.49$0.49
Q4 20181$0.65$0.65$0.65

Varex Imaging (NASDAQ VREX) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2018$0.51N/AView Earnings Details
5/3/2018Q2 2018$0.45$0.45$187.33 million$201.20 millionViewN/AView Earnings Details
2/1/2018Q1 2018$0.40$0.23$194.00 million$176.20 millionViewListenView Earnings Details
11/9/2017Q4 2047$0.52$0.59$213.73 million$216.00 millionViewN/AView Earnings Details
8/3/2017Q3 2017$0.51$0.44$179.05 million$170.00 millionViewListenView Earnings Details
5/4/2017Q2 2017$0.41$0.40$157.40 million$154.80 millionViewListenView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Varex Imaging (NASDAQ:VREX) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Varex Imaging (NASDAQ VREX) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 92.26%
Insider Trading History for Varex Imaging (NASDAQ:VREX)
Institutional Ownership by Quarter for Varex Imaging (NASDAQ:VREX)

Varex Imaging (NASDAQ VREX) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/14/2018Kevin Bruce YanktonInsiderSell862$37.00$31,894.00View SEC Filing  
4/16/2018Kimberley E HoneysettSVPSell2,000$37.68$75,360.00916View SEC Filing  
11/16/2017Sunny SanyalInsiderSell50,000$36.50$1,825,000.00View SEC Filing  
4/17/2017Mark S. JonaitisSVPSell18,089$33.54$606,705.06View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Varex Imaging (NASDAQ VREX) News Headlines

Source:
DateHeadline
 Analysts Anticipate Varex Imaging (VREX) Will Post Quarterly Sales of $202.55 Million Analysts Anticipate Varex Imaging (VREX) Will Post Quarterly Sales of $202.55 Million
www.americanbankingnews.com - May 22 at 4:02 AM
Zacks: Varex Imaging (VREX) Given $38.50 Consensus Target Price by AnalystsZacks: Varex Imaging (VREX) Given $38.50 Consensus Target Price by Analysts
www.americanbankingnews.com - May 21 at 5:31 AM
$0.53 EPS Expected for Varex Imaging (VREX) This Quarter$0.53 EPS Expected for Varex Imaging (VREX) This Quarter
www.americanbankingnews.com - May 20 at 11:16 AM
Varex Imaging (VREX) Presents At Bank Of America Merrill Lynch 2018 Healthcare Conference - SlideshowVarex Imaging (VREX) Presents At Bank Of America Merrill Lynch 2018 Healthcare Conference - Slideshow
seekingalpha.com - May 18 at 6:16 PM
Insider Selling: Varex Imaging (VREX) Insider Sells 862 Shares of StockInsider Selling: Varex Imaging (VREX) Insider Sells 862 Shares of Stock
www.americanbankingnews.com - May 16 at 8:52 PM
Varex Imaging (VREX) vs. IMPINJ (PI) Critical AnalysisVarex Imaging (VREX) vs. IMPINJ (PI) Critical Analysis
www.americanbankingnews.com - May 16 at 7:18 PM
Varex Imaging To Present At Four Upcoming Investor ConferencesVarex Imaging To Present At Four Upcoming Investor Conferences
www.prnewswire.com - May 14 at 5:08 PM
Varex Imaging (VREX) Lowered to "Hold" at Zacks Investment ResearchVarex Imaging (VREX) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 10 at 3:06 PM
Varex Imaging (VREX) Raised to "Buy" at Zacks Investment ResearchVarex Imaging (VREX) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 9 at 6:07 PM
Reviewing Varex Imaging (VREX) & MicroVision (MVIS)Reviewing Varex Imaging (VREX) & MicroVision (MVIS)
www.americanbankingnews.com - May 8 at 5:27 PM
Analyzing LG Display (LPL) and Varex Imaging (VREX)Analyzing LG Display (LPL) and Varex Imaging (VREX)
www.americanbankingnews.com - May 7 at 5:24 PM
 Analysts Set $38.50 Target Price for Varex Imaging (VREX) Analysts Set $38.50 Target Price for Varex Imaging (VREX)
www.americanbankingnews.com - May 6 at 9:37 AM
Varex Imaging Corp (VREX) Shares Cross Below 200 DMAVarex Imaging Corp (VREX) Shares Cross Below 200 DMA
www.nasdaq.com - May 4 at 5:47 PM
Varex Imaging Corporations (VREX) CEO Sunny Sanyal on Q2 2018 Results - Earnings Call TranscriptVarex Imaging Corporation's (VREX) CEO Sunny Sanyal on Q2 2018 Results - Earnings Call Transcript
seekingalpha.com - May 4 at 8:07 AM
 Brokerages Expect Varex Imaging (VREX) Will Post Quarterly Sales of $189.11 Million Brokerages Expect Varex Imaging (VREX) Will Post Quarterly Sales of $189.11 Million
www.americanbankingnews.com - May 4 at 1:52 AM
Varex Imaging (VREX) Updates FY18 Earnings GuidanceVarex Imaging (VREX) Updates FY18 Earnings Guidance
www.americanbankingnews.com - May 3 at 7:28 PM
Varex Imaging (VREX) Posts Quarterly  Earnings Results, Hits EstimatesVarex Imaging (VREX) Posts Quarterly Earnings Results, Hits Estimates
www.americanbankingnews.com - May 3 at 5:52 PM
Varex Imaging EPS in-line, beats on revenueVarex Imaging EPS in-line, beats on revenue
seekingalpha.com - May 3 at 5:35 PM
Varex Announces Financial Results For Second Quarter Of Fiscal Year 2018Varex Announces Financial Results For Second Quarter Of Fiscal Year 2018
finance.yahoo.com - May 3 at 5:35 PM
 Analysts Anticipate Varex Imaging (VREX) Will Announce Earnings of $0.44 Per Share Analysts Anticipate Varex Imaging (VREX) Will Announce Earnings of $0.44 Per Share
www.americanbankingnews.com - May 2 at 11:16 PM
Varex Imaging (VREX) to Release Earnings on ThursdayVarex Imaging (VREX) to Release Earnings on Thursday
www.americanbankingnews.com - April 26 at 3:10 AM
Analysts Expect Varex Imaging (VREX) to Post $0.44 Earnings Per ShareAnalysts Expect Varex Imaging (VREX) to Post $0.44 Earnings Per Share
www.americanbankingnews.com - April 21 at 5:34 AM
Varex Imaging (VREX) Receives New Coverage from Analysts at SidotiVarex Imaging (VREX) Receives New Coverage from Analysts at Sidoti
www.americanbankingnews.com - April 19 at 4:34 PM
Varex Imaging (VREX) SVP Sells $75,360.00 in StockVarex Imaging (VREX) SVP Sells $75,360.00 in Stock
www.americanbankingnews.com - April 17 at 7:28 PM
Varex Imaging (VREX) Expected to Post Quarterly Sales of $189.11 MillionVarex Imaging (VREX) Expected to Post Quarterly Sales of $189.11 Million
www.americanbankingnews.com - April 17 at 2:15 AM
Zacks: Brokerages Anticipate Varex Imaging (VREX) to Post $0.44 Earnings Per ShareZacks: Brokerages Anticipate Varex Imaging (VREX) to Post $0.44 Earnings Per Share
www.americanbankingnews.com - April 15 at 9:22 PM
Varex Imaging (VREX) Upgraded to "Neutral" at JPMorgan ChaseVarex Imaging (VREX) Upgraded to "Neutral" at JPMorgan Chase
www.americanbankingnews.com - April 12 at 9:00 PM
Varex Imaging (VREX) Now Covered by Analysts at Jefferies GroupVarex Imaging (VREX) Now Covered by Analysts at Jefferies Group
www.americanbankingnews.com - April 12 at 12:29 AM
Varex Imaging (VREX) Rating Lowered to Strong Sell at Zacks Investment ResearchVarex Imaging (VREX) Rating Lowered to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - April 10 at 11:39 PM
Varex Schedules Second Quarter Fiscal Year 2018 Earnings Release And Conference CallVarex Schedules Second Quarter Fiscal Year 2018 Earnings Release And Conference Call
finance.yahoo.com - April 9 at 8:05 AM
Critical Contrast: Uni-Pixel (UNXLQ) versus Varex Imaging (VREX)Critical Contrast: Uni-Pixel (UNXLQ) versus Varex Imaging (VREX)
www.americanbankingnews.com - April 8 at 11:35 AM
Varex Imaging (VREX) Lowered to "Underweight" at JPMorgan ChaseVarex Imaging (VREX) Lowered to "Underweight" at JPMorgan Chase
www.americanbankingnews.com - April 7 at 10:28 PM
Varex Imaging (VREX) Stock Rating Upgraded by Zacks Investment ResearchVarex Imaging (VREX) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - April 7 at 12:44 PM
Zacks: Varex Imaging (VREX) Given $38.50 Average Target Price by AnalystsZacks: Varex Imaging (VREX) Given $38.50 Average Target Price by Analysts
www.americanbankingnews.com - April 6 at 3:10 AM
Varex Imaging (VREX) Expected to Announce Quarterly Sales of $189.11 MillionVarex Imaging (VREX) Expected to Announce Quarterly Sales of $189.11 Million
www.americanbankingnews.com - April 1 at 8:21 AM
Zacks: Brokerages Expect Varex Imaging Corp (VREX) Will Post Earnings of $0.44 Per ShareZacks: Brokerages Expect Varex Imaging Corp (VREX) Will Post Earnings of $0.44 Per Share
www.americanbankingnews.com - March 30 at 1:14 AM
Varex Imaging (VREX) & The Competition Critical ComparisonVarex Imaging (VREX) & The Competition Critical Comparison
www.americanbankingnews.com - March 27 at 7:24 PM
 Varex Imaging Corp (VREX) Given $38.50 Average Target Price by Analysts Varex Imaging Corp (VREX) Given $38.50 Average Target Price by Analysts
www.americanbankingnews.com - March 22 at 1:34 AM
Varex Imaging To Present At The Sidoti & Company 2018 Spring ConferenceVarex Imaging To Present At The Sidoti & Company 2018 Spring Conference
finance.yahoo.com - March 20 at 8:10 AM
Varex Imaging (VREX) vs. Its Competitors Critical ContrastVarex Imaging (VREX) vs. Its Competitors Critical Contrast
www.americanbankingnews.com - March 18 at 1:04 AM
 Varex Imaging Corp (VREX) Receives Consensus Rating of "Buy" from Brokerages Varex Imaging Corp (VREX) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - March 16 at 12:30 PM
Varex Imaging Corp (VREX) Expected to Post Quarterly Sales of $189.11 MillionVarex Imaging Corp (VREX) Expected to Post Quarterly Sales of $189.11 Million
www.americanbankingnews.com - March 14 at 2:14 AM
 Analysts Anticipate Varex Imaging Corp (VREX) to Announce $0.44 EPS Analysts Anticipate Varex Imaging Corp (VREX) to Announce $0.44 EPS
www.americanbankingnews.com - March 12 at 11:08 PM
Zacks: Varex Imaging Corp (VREX) Receives Average Recommendation of "Buy" from BrokeragesZacks: Varex Imaging Corp (VREX) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - March 8 at 9:29 PM
Varex Imaging Names Managing Director For China Along With Consolidation Of Operations In ChinaVarex Imaging Names Managing Director For China Along With Consolidation Of Operations In China
finance.yahoo.com - March 8 at 8:06 AM
 Varex Imaging Corp (VREX) Receives Average Recommendation of "Buy" from Brokerages Varex Imaging Corp (VREX) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - March 5 at 11:28 PM
Varex Imaging Corp (VREX) Shares Bought by WINTON GROUP LtdVarex Imaging Corp (VREX) Shares Bought by WINTON GROUP Ltd
www.americanbankingnews.com - March 4 at 2:27 PM
VREX Crosses Below Key Moving Average LevelVREX Crosses Below Key Moving Average Level
www.nasdaq.com - March 2 at 6:24 PM
Varex Imaging To Introduce New Power Chain Solution And Exhibit X-Ray Components At European Congress Of RadiologyVarex Imaging To Introduce New Power Chain Solution And Exhibit X-Ray Components At European Congress Of Radiology
finance.yahoo.com - February 28 at 8:04 AM
Analysts Anticipate Varex Imaging Corp (VREX) to Post $0.44 EPSAnalysts Anticipate Varex Imaging Corp (VREX) to Post $0.44 EPS
www.americanbankingnews.com - February 28 at 1:10 AM

SEC Filings

Varex Imaging (NASDAQ:VREX) SEC Filings

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Social Media

Financials

Varex Imaging (NASDAQ:VREX) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Varex Imaging (NASDAQ VREX) Stock Chart for Wednesday, May, 23, 2018

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This page was last updated on 5/23/2018 by MarketBeat.com Staff

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