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

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$23.42 -0.46 (-1.93 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$23.88
Today's Range$23.35 - $23.99
52-Week Range$23.35 - $43.76
Volume149,359 shs
Average Volume295,955 shs
Market Capitalization$936.96 million
P/E Ratio18.02
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 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
Current SymbolNASDAQ:VREX
Previous Symbol
CUSIPN/A
Phone801-972-5000

Debt

Debt-to-Equity Ratio0.85
Current Ratio3.01
Quick Ratio1.47

Price-To-Earnings

Trailing P/E Ratio18.02
Forward P/E Ratio17.35
P/E Growth1.83

Sales & Book Value

Annual Sales$773.40 million
Price / Sales1.15
Cash Flow$2.4370 per share
Price / Cash Flow9.61
Book Value$11.27 per share
Price / Book2.08

Profitability

EPS (Most Recent Fiscal Year)$1.30
Net Income$27.50 million
Net Margins3.56%
Return on Equity11.96%
Return on Assets5.01%

Miscellaneous

Employees2,000
Outstanding Shares38,120,000
Market Cap$936.96 million
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) issued its earnings results on Tuesday, November, 13th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by $0.01. The company had revenue of $204.80 million for the quarter, compared to analysts' expectations of $192.10 million. Varex Imaging had a return on equity of 11.96% and a net margin of 3.56%. Varex Imaging's revenue for the quarter was down 5.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.59 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, February 7th 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 FY18 earnings guidance on Tuesday, November, 13th. The company provided earnings per share guidance of $1.25-1.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.32. The company issued revenue guidance of $755-780 million, compared to the consensus revenue estimate of $760.50 million.Varex Imaging also updated its FY 2019 guidance to $1.25-1.55 EPS.

What price target have analysts set for VREX?

3 analysts have issued 1 year price targets for Varex Imaging's stock. Their forecasts range from $28.00 to $33.00. On average, they expect Varex Imaging's stock price to reach $30.50 in the next year. This suggests a possible upside of 30.2% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Varex Imaging.

Has Varex Imaging been receiving favorable news coverage?

Press coverage about VREX stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of 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 1.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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)
  • Ms. Kimberley E. Honeysett, Sr. VP, Gen. Counsel & Corp. Sec. (Age 46)
  • Mr. David Frick, VP of Operations
  • Mr. Kevin B. Yankton, Chief Accounting Officer & Corp. Controller (Age 51)

Who are Varex Imaging's major shareholders?

Varex Imaging's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.19%), Vanguard Group Inc. (10.03%), Vanguard Group Inc (10.00%), FMR LLC (3.68%), Commonwealth Bank of Australia (3.21%) and Fairpointe Capital LLC (2.52%). 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 institutional investors are selling Varex Imaging stock?

VREX stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Tributary Capital Management LLC, Bank of Montreal Can, Renaissance Technologies LLC, Fairpointe Capital LLC, Oppenheimer & Close LLC, Ancora Advisors LLC and Russell Investments Group Ltd.. 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 institutional investors are buying Varex Imaging stock?

VREX stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Commonwealth Bank of Australia, Royce & Associates LP, BlackRock Inc., Dimensional Fund Advisors LP, Nordea Investment Management AB, Kirr Marbach & Co. LLC IN and Rutabaga Capital Management LLC MA. 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 $23.42.

How big of a company is Varex Imaging?

Varex Imaging has a market capitalization of $936.96 million 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:  116 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  247
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 12/14/2018 by MarketBeat.com Staff

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