Varex Imaging (VREX) Competitors

Varex Imaging (NASDAQ:VREX) and Himax Technologies (NASDAQ:HIMX) are both small-cap medical companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, media sentiment, dividends, institutional ownership, community ranking and earnings.

Which has more risk and volatility, VREX or HIMX?

Varex Imaging has a beta of 0.65, indicating that its share price is 35% less volatile than the S&P 500. Comparatively, Himax Technologies has a beta of 2.11, indicating that its share price is 111% more volatile than the S&P 500.

Is VREX or HIMX more profitable?

Himax Technologies has a net margin of 8.80% compared to Varex Imaging's net margin of -5.79%. Himax Technologies' return on equity of 9.09% beat Varex Imaging's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Varex Imaging	-5.79%	4.00%	1.81%
Himax Technologies	8.80%	9.09%	4.84%

Does the MarketBeat Community prefer VREX or HIMX?

Himax Technologies received 342 more outperform votes than Varex Imaging when rated by MarketBeat users. Likewise, 65.28% of users gave Himax Technologies an outperform vote while only 63.71% of users gave Varex Imaging an outperform vote.

Company	Underperform	Outperform
Varex Imaging	Outperform Votes 237 63.71%	Underperform Votes 135 36.29%
Himax Technologies	Outperform Votes 579 65.28%	Underperform Votes 308 34.72%

Do analysts recommend VREX or HIMX?

Varex Imaging currently has a consensus target price of $22.50, suggesting a potential upside of 167.70%. Himax Technologies has a consensus target price of $15.00, suggesting a potential upside of 109.06%. Given Varex Imaging's higher possible upside, research analysts plainly believe Varex Imaging is more favorable than Himax Technologies.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Varex Imaging	0 Sell rating(s)	0 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	3.00
Himax Technologies	0 Sell rating(s)	0 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	3.00

Does the media favor VREX or HIMX?

In the previous week, Varex Imaging had 1 more articles in the media than Himax Technologies. MarketBeat recorded 6 mentions for Varex Imaging and 5 mentions for Himax Technologies. Varex Imaging's average media sentiment score of 1.19 beat Himax Technologies' score of 0.74 indicating that Varex Imaging is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Varex Imaging	3 Very Positive mention(s)	0 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Himax Technologies	1 Very Positive mention(s)	1 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Which has stronger valuation & earnings, VREX or HIMX?

Himax Technologies has higher revenue and earnings than Varex Imaging. Varex Imaging is trading at a lower price-to-earnings ratio than Himax Technologies, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Varex Imaging	$820.80M	0.42	-$47.70M	-$1.17	-7.18
Himax Technologies	$906.80M	1.38	$79.75M	$0.45	15.94

Do institutionals & insiders have more ownership in VREX or HIMX?

69.8% of Himax Technologies shares are owned by institutional investors. 4.3% of Varex Imaging shares are owned by company insiders. Comparatively, 31.5% of Himax Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Himax Technologies beats Varex Imaging on 13 of the 17 factors compared between the two stocks.