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

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$119.57 +0.07 (+0.06 %)
(As of 12/11/2018 03:08 PM ET)
Previous Close$119.50
Today's Range$118.21 - $122.12
52-Week Range$101.42 - $130.29
Volume38,816 shs
Average Volume602,285 shs
Market Capitalization$10.83 billion
P/E Ratio26.95
Dividend YieldN/A
Beta0.62
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 two segments, Oncology Systems and Varian Particle Therapy. The Oncology Systems segment provides 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, and brachytherapy. Its products include linear accelerators, brachytherapy afterloaders, treatment simulation and verification equipment, and accessories; 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, oncology practices, radiotherapy centers, and cancer care clinics. The Varian Particle Therapy segment develops, designs, manufactures, sells, and services products and systems for delivering proton therapy for the treatment of cancer. Varian Medical Systems, Inc. has a strategic partnership with Siemens AG to co-develop new imaging and treatment solutions. The company was formerly known as Varian Associates, Inc. and changed its name to Varian Medical Systems, Inc. in April 1999. Varian Medical Systems, Inc. was founded in 1948 and is headquartered in Palo Alto, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electromedical equipment
Sub-IndustryHealth Care Equipment
SectorMedical
Current SymbolNYSE:VAR
Previous Symbol
CUSIP92220P10
Phone650-493-4000

Debt

Debt-to-Equity RatioN/A
Current Ratio1.63
Quick Ratio1.31

Price-To-Earnings

Trailing P/E Ratio26.95
Forward P/E Ratio25.49
P/E Growth3.17

Sales & Book Value

Annual Sales$2.92 billion
Price / Sales3.73
Cash Flow$5.2954 per share
Price / Cash Flow22.58
Book Value$17.35 per share
Price / Book6.89

Profitability

EPS (Most Recent Fiscal Year)$4.42
Net Income$149.90 million
Net Margins5.14%
Return on Equity27.54%
Return on Assets12.55%

Miscellaneous

Employees7,174
Outstanding Shares91,120,000
Market Cap$10.83 billion
OptionableOptionable

Varian Medical Systems (NYSE:VAR) Frequently Asked Questions

What is Varian Medical Systems' stock symbol?

Varian Medical Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "VAR."

How were Varian Medical Systems' earnings last quarter?

Varian Medical Systems, Inc. (NYSE:VAR) issued its earnings results on Tuesday, October, 23rd. The medical equipment provider reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.20 by $0.04. The medical equipment provider had revenue of $801.60 million for the quarter, compared to analyst estimates of $766.26 million. Varian Medical Systems had a return on equity of 27.54% and a net margin of 5.14%. The company's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.04 earnings per share. View Varian Medical Systems' Earnings History.

When is Varian Medical Systems' next earnings date?

Varian Medical Systems is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for Varian Medical Systems.

What guidance has Varian Medical Systems issued on next quarter's earnings?

Varian Medical Systems updated its FY19 earnings guidance on Tuesday, October, 23rd. The company provided EPS guidance of $4.60-4.75 for the period, compared to the Thomson Reuters consensus estimate of $4.76. The company issued revenue guidance of $3.06-3.15 billion, compared to the consensus revenue estimate of $3.00 billion.Varian Medical Systems also updated its FY 2019 guidance to $4.60-4.75 EPS.

What price target have analysts set for VAR?

9 equities research analysts have issued 1-year price targets for Varian Medical Systems' shares. Their forecasts range from $98.00 to $145.00. On average, they expect Varian Medical Systems' share price to reach $119.00 in the next year. This suggests that the stock has a possible downside of 0.1%. View Analyst Price Targets for Varian Medical Systems.

What is the consensus analysts' recommendation for Varian Medical Systems?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varian Medical Systems in the last year. There are currently 3 sell ratings, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Varian Medical Systems.

Has Varian Medical Systems been receiving favorable news coverage?

News headlines about VAR stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Varian Medical Systems earned a news sentiment score of 1.5 on InfoTrie's scale. They also assigned media coverage about the medical equipment provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Varian Medical Systems' key competitors?

Who are Varian Medical Systems' key executives?

Varian Medical Systems' management team includes the folowing people:
  • Mr. Gary E. Bischoping Jr., Sr. VP of Fin. & CFO (Age 50)
  • Mr. Dow R. Wilson, Pres, CEO & Director (Age 59)
  • Mr. Patrick Joda, Sr. VP of Global Operations (Age 60)
  • Mr. Magnus A. Momsen, Sr. VP, Chief Accounting Officer & Corp. Controller
  • Mr. Corey Zankowski Ph.D., Chief Technology Innovation Officer and Sr. VP

Who are Varian Medical Systems' major shareholders?

Varian Medical Systems' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.76%), BlackRock Inc. (8.24%), Loomis Sayles & Co. L P (6.11%), First Eagle Investment Management LLC (4.07%), Janus Henderson Group PLC (3.50%) and Wells Fargo & Company MN (1.93%). Company insiders that own Varian Medical Systems stock include David J Illingworth, Dow R Wilson, Gary E Bischoping Jr, John W Kuo, Kolleen T Kennedy, Magnus Momsen, Mark R Laret, R Andrew Eckert, Susan L Bostrom and Timothy E Guertin. View Institutional Ownership Trends for Varian Medical Systems.

Which major investors are selling Varian Medical Systems stock?

VAR stock was sold by a variety of institutional investors in the last quarter, including United Services Automobile Association, Robeco Institutional Asset Management B.V., Robeco Institutional Asset Management B.V., BlackRock Inc., Mitsubishi UFJ Trust & Banking Corp, First Trust Advisors LP, Credit Suisse AG and Capital Fund Management S.A.. Company insiders that have sold Varian Medical Systems company stock in the last year include David J Illingworth, Dow R Wilson, Gary E Bischoping Jr, John W Kuo, Kolleen T Kennedy, Magnus Momsen, Mark R Laret, Susan L Bostrom and Timothy E Guertin. View Insider Buying and Selling for Varian Medical Systems.

Which major investors are buying Varian Medical Systems stock?

VAR stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Wells Fargo & Company MN, Schroder Investment Management Group, Deutsche Bank AG, Zurcher Kantonalbank Zurich Cantonalbank, Rehmann Capital Advisory Group, Loomis Sayles & Co. L P and Point72 Asset Management L.P.. View Insider Buying and Selling for Varian Medical Systems.

How do I buy shares of Varian Medical Systems?

Shares of VAR 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 Varian Medical Systems' stock price today?

One share of VAR stock can currently be purchased for approximately $119.15.

How big of a company is Varian Medical Systems?

Varian Medical Systems has a market capitalization of $10.83 billion and generates $2.92 billion in revenue each year. The medical equipment provider earns $149.90 million in net income (profit) each year or $4.42 on an earnings per share basis. Varian Medical Systems employs 7,174 workers across the globe.

What is Varian Medical Systems' official website?

The official website for Varian Medical Systems is http://www.varian.com.

How can I contact Varian Medical Systems?

Varian Medical Systems' mailing address is 3100 Hansen Way, Palo Alto CA, 94304. The medical equipment provider can be reached via phone at 650-493-4000 or via email at [email protected]


MarketBeat Community Rating for Varian Medical Systems (NYSE VAR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  424 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  806
MarketBeat's community ratings are surveys of what our community members think about Varian Medical Systems and other stocks. Vote "Outperform" if you believe VAR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VAR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/11/2018 by MarketBeat.com Staff

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