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AMZN   146.56 (+0.32%)
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NVDA   470.24 (+0.54%)
NIO   7.15 (-1.65%)
BABA   73.29 (-2.12%)
AMD   120.83 (-0.27%)
T   16.66 (+0.54%)
F   10.47 (+2.05%)
MU   76.07 (-0.07%)
CGC   0.58 (+3.57%)
GE   123.06 (+1.03%)
DIS   92.12 (-0.61%)
AMC   6.80 (+2.26%)
PFE   29.12 (-4.43%)
PYPL   58.89 (+2.22%)
XOM   103.65 (+0.89%)
QQQ   389.19 (+0.09%)
AAPL   191.06 (+0.58%)
MSFT   373.06 (-1.54%)
META   323.94 (-0.98%)
GOOGL   131.40 (-0.85%)
AMZN   146.56 (+0.32%)
TSLA   236.23 (-1.60%)
NVDA   470.24 (+0.54%)
NIO   7.15 (-1.65%)
BABA   73.29 (-2.12%)
AMD   120.83 (-0.27%)
T   16.66 (+0.54%)
F   10.47 (+2.05%)
MU   76.07 (-0.07%)
CGC   0.58 (+3.57%)
GE   123.06 (+1.03%)
DIS   92.12 (-0.61%)
AMC   6.80 (+2.26%)
PFE   29.12 (-4.43%)
PYPL   58.89 (+2.22%)
XOM   103.65 (+0.89%)
QQQ   389.19 (+0.09%)
AAPL   191.06 (+0.58%)
MSFT   373.06 (-1.54%)
META   323.94 (-0.98%)
GOOGL   131.40 (-0.85%)
AMZN   146.56 (+0.32%)
TSLA   236.23 (-1.60%)
NVDA   470.24 (+0.54%)
NIO   7.15 (-1.65%)
BABA   73.29 (-2.12%)
AMD   120.83 (-0.27%)
T   16.66 (+0.54%)
F   10.47 (+2.05%)
MU   76.07 (-0.07%)
CGC   0.58 (+3.57%)
GE   123.06 (+1.03%)
DIS   92.12 (-0.61%)
AMC   6.80 (+2.26%)
PFE   29.12 (-4.43%)
PYPL   58.89 (+2.22%)
XOM   103.65 (+0.89%)

Varian Medical Systems Stock Price, News & Analysis (NYSE:VAR)

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$177.07
▼
$177.07
50-Day Range
$176.53
▼
$177.29
52-Week Range
$103.67
▼
$177.38
Volume
N/A
Average Volume
746,779 shs
Market Capitalization
$16.26 billion
P/E Ratio
60.43
Dividend Yield
N/A
Price Target
N/A

Varian Medical Systems MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-0.79
Upright™ Environmental Score
News Sentiment
0.00mentions of Varian Medical Systems in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.08%
From $5.20 to $5.88 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars

Medical Sector

747th out of 948 stocks

Electromedical Equipment Industry

19th out of 22 stocks

See Top Rated MarketRank™ Stocks Here

VAR stock logo

About Varian Medical Systems Stock (NYSE:VAR)

Varian Medical Systems, Inc. designs, manufactures, sells, and services medical devices and software products for treating cancer and other medical conditions worldwide. It operates through Oncology Systems and Proton Solutions segments. The Oncology Systems segment offers hardware and software products for treating cancer with radiotherapy, fixed field intensity-modulated radiation therapy, image-guided radiation therapy, volumetric modulated arc therapy, stereotactic radiosurgery, stereotactic body radiotherapy, artificial intelligence based adaptive radiotherapy, and brachytherapy, as well as quality assurance equipment. Its products include linear accelerators, brachytherapy afterloaders, treatment accessories, and quality assurance software; and information management, treatment planning, image processing, clinical knowledge exchange, patient care management, decision-making support, and practice management software. This segment serves university research and community hospitals, private and governmental institutions, healthcare agencies, physicians' offices, medical oncology practices, radiotherapy centers, and cancer care clinics. The Proton Solutions segment designs, develops, manufactures, sells, and services products and systems for delivering proton therapy for the treatment of cancer. The company has a strategic agreement with McKesson Corp. to supply treatment delivery systems and planning, services, and radiotherapy information system solutions to its U.S. Oncology Network and Vantage Oncology affiliated sites of care; and a strategic partnership with Siemens AG to represent Siemens diagnostic imaging products to radiation oncology clinics in the United States and other select markets. Varian Medical Systems, Inc. was formerly known as Varian Associates, Inc. and changed its name to Varian Medical Systems, Inc. in April 1999. The company was founded in 1948 and is headquartered in Palo Alto, California.


VAR Stock News Headlines

November 29, 2023 | msn.com
Man finds out ‘blisters from shoes’ are wolf spider eggs laid in his toe on cruise holiday
November 28, 2023 | bizjournals.com
$50M UAB proton therapy center closing due to partner's inability to make payments
December 1, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
November 24, 2023 | msn.com
Travel fatigue: President Marcos skips AsPac forum dinner reception
November 22, 2023 | msn.com
Nova Scotia government buys two new cutting-edge machines to treat cancer
November 20, 2023 | msn.com
Marcos brings home $672M in investment pledges from US
November 20, 2023 | msn.com
Marcos secures $672.3 million investment pledges
November 20, 2023 | markets.businessinsider.com
Global Leader Advancing Cancer Treatment, Dr. Christel Smith, Joins Fuse Oncology as Chief Technology Officer
December 1, 2023 | DTI Trader (Ad)
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
November 17, 2023 | msn.com
PH counts on ‘Agila’ for better internet in remote areas
November 16, 2023 | msn.com
PH, US firms ink agreement on cancer care
November 16, 2023 | msn.com
PH, US health firms ink deal to establish PH’s 1st specialty oncology hospital
November 9, 2023 | finanznachrichten.de
Particle Therapy Market Worth $1.1 Billion | MarketsandMarkets
October 30, 2023 | benzinga.com
Gamma Knife Market Set to Achieve 7.6% CAGR, Reaching US$ 702.5 Million by 2033 | Future Market Insights, Inc.
October 8, 2023 | finance.yahoo.com
Varian Medical Systems, Inc. (VNM.DE)
September 26, 2023 | markets.businessinsider.com
Varian Acquires Aspekt Solutions, Strengthening Advanced Oncology Solutions Offering
September 19, 2023 | finance.yahoo.com
Global Oncologists Market Report 2023: An $84.77 Billion market by 2027 - Long-term Forecast to 2032
August 8, 2023 | finanznachrichten.de
Breast Biopsy Devices Market worth $2.6 billion | MarketsandMarkets
August 2, 2023 | msn.com
Surprise US credit downgrade knocks European stocks to two-week lows
July 26, 2023 | hk.finance.yahoo.com
Stereotactic Surgery Devices Global Market Report 2023
July 25, 2023 | hk.finance.yahoo.com
LINAC Devices Global Market Report 2023
July 25, 2023 | finance.yahoo.com
Global Radiation Oncology Market Expected to Reach $21.14 Billion by 2030: Technological Advancements and Global Cancer Burden Drive Growth
July 23, 2023 | msn.com
Roger Varian confident King of Steel can handle potentially soft ground at Ascot
June 23, 2023 | marketwatch.com
Particle Treatment Devices Market Research Report 2023 Future Opportunities, Latest Trends, In-depth Analysis, and Forecast To 2030
June 23, 2023 | marketwatch.com
Oncology Devices Market Size, Share, Growth Survey 2023 to 2030 and Industry Analysis Report
June 21, 2023 | finance.yahoo.com
Dataintelo Releases Comprehensive Report on Global Oral Cancer Diagnostic Market, Forecast 2023-2031
June 19, 2023 | msn.com
Roger Varian interview: ‘Will I enjoy Royal Ascot? Ask me at the end of the week’
See More Headlines
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Company Calendar

Last Earnings
1/25/2021
Today
12/01/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Electromedical Equipment
Sub-Industry
Health Care Equipment
Sector
Medical
Current Symbol
NYSE:VAR
CUSIP
92220P10
CIK
203527
Web
www.varian.com
Phone
650-493-4000
Fax
N/A
Employees
10,000
Year Founded
1948

Profitability

EPS (Most Recent Fiscal Year)
$3.91
Trailing P/E Ratio
60.43
Forward P/E Ratio
34.05
P/E Growth
N/A
Net Income
$269.20 million
Net Margins
8.50%
Pretax Margin
N/A
Return on Equity
18.45%
Return on Assets
8.08%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.40
Quick Ratio
1.13

Sales & Book Value

Annual Sales
$3.17 billion
Price / Sales
5.13
Cash Flow
$5.07 per share
Price / Cash Flow
34.94
Book Value
$22.92 per share
Price / Book
7.73

Miscellaneous

Outstanding Shares
91,839,000
Free Float
N/A
Market Cap
$16.26 billion
Optionable
Optionable
Beta
1.06

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Key Executives

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Should I Buy Varian Medical Systems Stock? VAR Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Varian Medical Systems was last updated on Tuesday, November 28, 2023 at 10:45 PM.

Pros

Here are some ways that investors could benefit from investing in Varian Medical Systems, Inc.:

  • Varian Medical Systems, Inc. is a leading company in the electromedical equipment industry, specifically in the field of health care equipment. This indicates a strong market presence and potential for growth.
  • The company offers a wide range of medical devices and software products for treating cancer and other medical conditions. This diverse product portfolio provides multiple revenue streams and opportunities for expansion.
  • Varian Medical Systems, Inc. has a strategic agreement with McKesson Corp. to supply treatment delivery systems and planning, services, and radiotherapy information system solutions. This partnership enhances the company's market reach and customer base.
  • The Proton Solutions segment of Varian Medical Systems, Inc. designs, develops, manufactures, sells, and services products and systems for delivering proton therapy for the treatment of cancer. Proton therapy is a cutting-edge treatment option that offers precise targeting of tumors while minimizing damage to surrounding healthy tissues.
  • Recent developments and partnerships, such as the strategic partnership with Siemens AG, demonstrate Varian Medical Systems, Inc.'s commitment to innovation and collaboration in the field of radiation oncology. This positions the company for continued growth and competitive advantage.

Cons

Investors should be bearish about investing in Varian Medical Systems, Inc. for these reasons:

  • The stock price of Varian Medical Systems, Inc. is subject to market fluctuations and can be influenced by various factors, including economic conditions, industry trends, and company performance. It is important for investors to carefully monitor and assess these factors before making investment decisions.
  • The health care equipment industry is highly competitive, with numerous players vying for market share. Varian Medical Systems, Inc. faces competition from both established companies and emerging startups, which could impact its market position and profitability.
  • Investing in medical device companies involves inherent risks, including regulatory challenges, product recalls, and potential litigation. Investors should be aware of these risks and conduct thorough due diligence before investing in Varian Medical Systems, Inc.
  • The COVID-19 pandemic has had a significant impact on the health care industry, including delays in elective procedures and changes in patient behavior. These factors could affect the demand for Varian Medical Systems, Inc.'s products and services in the short term.
  • Investors should carefully consider their investment goals, risk tolerance, and time horizon before investing in Varian Medical Systems, Inc. It is important to consult with a financial advisor or conduct independent research to make informed investment decisions.














VAR Stock Analysis - Frequently Asked Questions

How were Varian Medical Systems' earnings last quarter?

Varian Medical Systems, Inc. (NYSE:VAR) announced its quarterly earnings results on Monday, January, 25th. The medical equipment provider reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.04. The medical equipment provider had revenue of $778.80 million for the quarter, compared to analyst estimates of $832.97 million. Varian Medical Systems had a net margin of 8.50% and a trailing twelve-month return on equity of 18.45%. The business's revenue for the quarter was down 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.16 EPS.

What is Dow R. Wilson's approval rating as Varian Medical Systems' CEO?

317 employees have rated Varian Medical Systems Chief Executive Officer Dow R. Wilson on Glassdoor.com. Dow R. Wilson has an approval rating of 92% among the company's employees. This puts Dow R. Wilson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Varian Medical Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Varian Medical Systems investors own include NVIDIA (NVDA), Johnson & Johnson (JNJ), Pfizer (PFE), Abbott Laboratories (ABT), CVS Health (CVS), Gilead Sciences (GILD), Intel (INTC), Visa (V), Coca-Cola (KO) and AbbVie (ABBV).

Does Varian Medical Systems have any subsidiaries?
The following companies are subsidiares of Varian Medical Systems: Accel Instruments GmbH, American Institute of Pathology and Laboratory Sciences Private Limited, Applied Computational Technologies, Argus Software, Artmed Healthcare Private Limited, Asiri AOI Cancer Center (Private) Ltd., Bakerville Investments Sp. zo. o, Bio-Imaging Research, Boston Scientific, CTSI, CTSI, CTSI (Mauritius) Limited, Calypso Medical, Cancer Treatment Services Hyderabad Private Limited, Candela's radiotherapy business, Centella Therapeutics Inc., Claymount Americas Corporation, Claymount Assemblies B.V., Claymount Assemblies Philippines Inc., Claymount High Voltage Technologies (Beijing) Co. Ltd., Claymount International AG, Claymount Switzerland AG, Claymount Technologies, Claymount Technologies Group B.V., CyberHeart Inc., D3 Oncology Inc., Endocare, Endocare Inc., Fang Chi Health Management Co. Ltd., Hangzhou Alicon Pharmaceutical Technology Co. Ltd., Hong Tai Health Management Co. Ltd., IKOEmed, IMPAC Medical System, Infimed, Jiangsu Varian Medical Systems Co. Ltd., MDS Nordion's - (HDR) Brachytherapy Business, MRW GmbH, Mansfield Insurance Company, MeVis Medical Solutions AG, Mobius Medical Systems, Mobius Medical Systems Holdings LLC, Mobius Medical Systems LP, Monarch Capital Limited, Multimedia Medical Systems - Cancer Treatment Planning Systems Division, New Century Health Care Corporation, OpTx Corp, Page Mill Corporation, Pan-Pacific Enterprises, PerkinElmer's Medical Imaging Business, Scion Medical Limited, Scion Medical Technologies (Shanghai) Ltd., Sigma Micro Informatique Conseil, Talent Choice Investment Limited, Transpire, TrueBeam Systems, VMS Deutschland Holdings G.m.b.H., VMS Kenya Ltd, Varex Imagens Brasil Holdings Ltda., Varex Imaging, Varex Imaging Deutschland GmbH, Varex Imaging France SARL, Varex Imaging Holdings Inc., Varex Imaging International Holdings B.V., Varex Imaging Investments B.V., Varex Imaging Italia Srl, Varex Imaging UK Limited, Varian BioSynergy Inc., Varian FSC B.V., Varian Medical Systems (China) Co. Ltd., Varian Medical Systems (RUS) LLC, Varian Medical Systems Africa (Pty) Ltd., Varian Medical Systems Africa Holdings Inc., Varian Medical Systems Algeria Spa, Varian Medical Systems Arabia Commercial Limited, Varian Medical Systems Australasia Pty Ltd., Varian Medical Systems Belgium N.V., Varian Medical Systems Brasil Limitada, Varian Medical Systems Canada Holdings Inc., Varian Medical Systems Canada Inc., Varian Medical Systems Deutschland G.m.b.H., Varian Medical Systems Deutschland Holdings G.m.b.H., Varian Medical Systems Finland OY, Varian Medical Systems France, Varian Medical Systems Gesellschaft m.b.H., Varian Medical Systems Haan G.m.b.H., Varian Medical Systems Hungary Kft, Varian Medical Systems Iberica S.L., Varian Medical Systems Imaging Laboratory Gmbh, Varian Medical Systems India Pvt. Ltd., Varian Medical Systems India Software Pvt. Ltd., Varian Medical Systems International (India) Pvt. Ltd., Varian Medical Systems International A.G., Varian Medical Systems International Holdings Inc., Varian Medical Systems Italia S.p.A., Varian Medical Systems K.K., Varian Medical Systems Korea Inc., Varian Medical Systems Latin America Ltd., Varian Medical Systems Malaysia Sdn. Bhd., Varian Medical Systems Mauritius Ltd., Varian Medical Systems München GmbH, Varian Medical Systems Nederland B.V., Varian Medical Systems Nederland Finance B.V., Varian Medical Systems Netherlands Holdings Inc., Varian Medical Systems Pacific Inc., Varian Medical Systems Particle Therapy GmbH, Varian Medical Systems Philippines Inc., Varian Medical Systems Poland Sp. zo. o, Varian Medical Systems Puerto Rico LLC, Varian Medical Systems Scandinavia AS, Varian Medical Systems Taiwan Co. Ltd., Varian Medical Systems Trading (Beijing) Co. Ltd., Varian Medical Systems UK Holdings Limited, Varian Medical Systems UK Ltd., Varian Medical Systems Vietnam Company Limited, Varian Medical Systems de Mexico S de RL de CV, Varian Philippines Ltd., Varinak Bulgaria LTD, Varinak Europe SRL, Varinak Oncology Systems, Velocity Medical Solutions, Vertice Investment Limited, VivaRay Inc., Zmed Inc., and dpiX.
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This page (NYSE:VAR) was last updated on 12/1/2023 by MarketBeat.com Staff

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