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

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

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

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

Varian Medical Systems will be holding an earnings conference call on Wednesday, January 23rd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8778693847.

Varian Medical Systems issued an update on 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 EPS 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.

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

Press coverage about VAR stock has been trending positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Varian Medical Systems earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave media headlines about the medical equipment provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days.

Some companies that are related to Varian Medical Systems include SONOVA HLDG AG/ADR (SONVY), Masimo (MASI), LivaNova (LIVN), GETINGE AB/ADR (GNGBY), NxStage Medical (NXTM), CONMED (CNMD), AxoGen (AXGN), Natus Medical (BABY), Viewray (VRAY), Cutera (CUTR), BioLife Solutions (BLFS), Semler Scientific (SMLR), Rockwell Medical (RMTI), Electrocore (ECOR) and Fonar (FONR).

Varian Medical Systems' stock is owned by many different of institutional and retail investors. Top institutional investors 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.

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.

VAR stock was bought 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.

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.

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

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.

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

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]