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 RatioN/A
Forward P/E Ratio20.90
Sales & Book Value
Annual Sales$698.10 million
Price / Sales2.06
Price / CashN/A
Book Value$10.07 per share
Price / Book3.78
Return on EquityN/A
Return on AssetsN/A
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) issued its quarterly earnings results on Thursday, November, 9th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.07. The business earned $216 million during the quarter, compared to analyst estimates of $213.73 million. Varex Imaging's revenue was up 25.5% compared to the same quarter last year. 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, November, 9th. The company provided earnings per share guidance of $1.78-$1.88 for the period, compared to the Thomson Reuters consensus estimate of $1.95.
Where is Varex Imaging's stock going? Where will Varex Imaging's stock price be in 2017?
2 brokerages have issued 12-month price targets for Varex Imaging's shares. Their forecasts 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 Indivior (INDV), Opko Health (OPK), Enerplus (ERF), Hikma Pharmaceuticals (HIK), Horizon Pharma (HZNP), Myriad Genetics (MYGN), AMN Healthcare Services (AMN), Magellan Health (MGLN), Press Ganey (PGND), Mallinckrodt (MNK), Udg Healthcare (UDG), Nevro (NVRO), Abcam (ABC), Supernus Pharmaceuticals (SUPN), Primary Health Care (PRY), Immunomedics (IMMU), Spectranetics (SPNC) and Cambrex (CBM).
Who are Varex Imaging's key executives?
Varex Imaging's management team includes the folowing people:
- Ruediger Naumann-Etienne Ph.D., Chairman of the Board (Age 69)
- Sunny S. Sanyal, President, Chief Executive Officer, Director (Age 51)
- Clarence R. Verhoef, Chief Financial Officer, Senior Vice President (Age 61)
- Kimberley E. Honeysett, Senior Vice President, General Counsel, Corporate Secretary
- Brian W Giambattista, Senior Vice President, General Manager - X-ray Detectors
- Mark S. Jonaitis, Senior Vice President & General Manager - X-Ray Sources
- Carl E. LaCasce, Senior Vice President - Sales & Marketing and Customer Operations
- Richard E. Colbeth, Senior Vice President of Engineering, X-ray Detectors
- Kevin Bruce Yankton, Chief Accounting Officer, Corporate Controller
- Howard Goldman, Director - Investor & Public Relations
Who owns Varex Imaging stock?
Varex Imaging's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include QV Investors Inc. (5.56%), First Eagle Investment Management LLC (4.74%), Alecta Pensionsforsakring Omsesidigt (3.97%), Commonwealth Bank of Australia (1.66%), Russell Investments Group Ltd. (1.40%) and Dimensional Fund Advisors LP (1.37%). 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 Ameriprise Financial Inc., Brandes Investment Partners LP, Engineers Gate Manager LP, JPMorgan Chase & Co., Skandinaviska Enskilda Banken AB publ, Bank of New York Mellon Corp, New York State Common Retirement Fund and SFE Investment Counsel. 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 Alecta Pensionsforsakring Omsesidigt, Russell Investments Group Ltd., QV Investors Inc., Dimensional Fund Advisors LP, Commonwealth Bank of Australia, Keeley Teton Advisors LLC, Tocqueville Asset Management L.P. and Wells Fargo & Company MN. 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 $38.03.
How big of a company is Varex Imaging?
Varex Imaging has a market capitalization of $1.43 billion and generates $698.10 million in revenue each year. The company earns $51.60 million in net income (profit) each year or $1.36 on an earnings per share basis. Varex Imaging employs 1,400 workers across the globe.
How can I contact Varex Imaging?
Varex Imaging's mailing address is 1678 S Pioneer Rd, SALT LAKE CITY, UT 84104-4205, United States. The company can be reached via phone at +1-801-9725000 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: ||Hold||Hold||Buy||Sell|
|Consensus Rating Score: ||2.00||2.00||2.50||1.00|
|Ratings Breakdown: ||1 Sell Rating(s)|
0 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)
|1 Sell Rating(s)|
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$36.00||$36.00||$33.50||$30.00|
|Price Target Upside: ||5.26% upside||5.26% upside||14.73% upside||16.76% downside|
Varex Imaging (NASDAQ:VREX) Consensus Price Target History
Varex Imaging (NASDAQ:VREX) Analyst Ratings History
(Data available from 12/16/2015 forward)
Varex Imaging (NASDAQ:VREX) Earnings History and Estimates Chart
Varex Imaging (NASDAQ VREX) Earnings History by Quarter
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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: $1.81
(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
Institutional Ownership Percentage: 92.79%
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||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
|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
|Varian: Dominant Moat Growth Driver|
seekingalpha.com - October 11 at 9:22 AM
|Analyzing Varex Imaging (VREX) & Alphatec Holdings (ATEC)|
www.americanbankingnews.com - October 6 at 12:14 AM
|Varex Imaging (VREX) Upgraded to Hold at Zacks Investment Research|
www.americanbankingnews.com - October 5 at 9:08 AM
|Financial Analysis: Varex Imaging (VREX) versus Alphatec Holdings (ATEC)|
www.americanbankingnews.com - October 3 at 10:56 AM
|Head-To-Head Review: WaferGen Bio-systems (WGBS) and Varex Imaging (VREX)|
www.americanbankingnews.com - October 2 at 10:06 PM
|Head to Head Analysis: Varex Imaging (VREX) and WaferGen Bio-systems (WGBS)|
www.americanbankingnews.com - September 26 at 4:28 PM
|Head to Head Comparison: Alphatec Holdings (ATEC) versus VAREX IMAGING (VREX)|
www.americanbankingnews.com - September 26 at 6:24 AM
|Varex Imaging Corp. breached its 50 day moving average in a Bullish Manner : VREX-US : September 5, 2017|
finance.yahoo.com - September 6 at 9:59 AM
|Contrasting VAREX IMAGING (VREX) & Cepheid (CPHD)|
www.americanbankingnews.com - August 25 at 8:56 AM
|10-Q: VAREX IMAGING CORP|
www.marketwatch.com - August 15 at 3:45 PM
| Varex Imaging (NASDAQ:VREX) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - August 14 at 12:56 PM
|Oxford Immunotec Global PLC (OXFD) versus Varex Imaging (VREX) Financial Contrast|
www.americanbankingnews.com - August 14 at 12:52 PM
|Contrasting Varex Imaging (VREX) & Vascular Solutions (VASC)|
www.americanbankingnews.com - August 12 at 4:10 AM
|VAREX IMAGING (VREX) vs. HTG Molecular Diagnostics (HTGM) Critical Analysis|
www.americanbankingnews.com - August 11 at 2:44 PM
|RSI Alert: Varex Imaging (VREX) Now Oversold|
www.nasdaq.com - August 10 at 8:41 PM
|Earnings Review and Free Research Report: Boston Scientific’s Q2 Top-line Grew 6% Y-o-Y, Beating Expectations|
finance.yahoo.com - August 10 at 9:32 AM
|Varex Imaging's (VREX) CEO Sunny Sanyal on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - August 4 at 9:49 AM
|Varex Imaging Announces Financial Results For The Third Quarter Of Fiscal Year 2017|
finance.yahoo.com - August 4 at 9:49 AM
|VAREX IMAGING (NASDAQ:VREX) Posts Earnings Results|
www.americanbankingnews.com - August 3 at 7:26 PM
|VAREX IMAGING (NASDAQ:VREX) Issues Q4 Earnings Guidance|
www.americanbankingnews.com - August 3 at 5:15 PM
|Varex Imaging (NASDAQ:VREX) Scheduled to Post Earnings on Thursday|
www.americanbankingnews.com - July 27 at 5:59 PM
|Varex Imaging Schedules Third Quarter FY17 Earnings Release And Conference Call|
finance.yahoo.com - July 14 at 9:50 AM
|Varex Imaging (VREX) Presents At CJS Securities 17th Annual "New Ideas" Summer Conference - Slideshow|
seekingalpha.com - July 12 at 3:19 PM
|Varex Imaging Corp. breached its 50 day moving average in a Bullish Manner : VREX-US : June 30, 2017|
finance.yahoo.com - July 1 at 8:52 AM
|PerkinElmer - EUROIMMUN Looks Like A Very Decent Addition|
seekingalpha.com - June 22 at 2:37 PM
|Varex: An Overlooked Spin-Off With 25% Upside|
seekingalpha.com - June 7 at 12:50 AM
|Varex Imaging Corp Bottom Line Rises 2% In Q2|
www.rttnews.com - May 6 at 1:23 AM
|VAREX IMAGING CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits|
biz.yahoo.com - April 3 at 8:39 PM
|VAREX IMAGING CORP Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - March 4 at 3:56 AM
Varex Imaging (NASDAQ:VREX) SEC Filings
This page is loading this company's SEC Filings. Please wait...
Varex Imaging (NASDAQ:VREX) Income Statement, Balance Sheet and Cash Flow Statement
Varex Imaging (NASDAQ VREX) Stock Chart for Saturday, December, 16, 2017