NYSE:VAR - Varian Medical Systems Stock Price, Price Target & More

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$114.59 -1.77 (-1.52 %)
(As of 07/16/2018 04:00 PM ET)
Previous Close$116.36
Today's Range$114.43 - $116.34
52-Week Range$95.23 - $130.29
Volume499,211 shs
Average Volume711,709 shs
Market Capitalization$10.65 billion
P/E Ratio26.81
Dividend YieldN/A
Beta0.86
Varian Medical Systems logoVarian 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
SymbolNYSE:VAR
CUSIP92220P10
Phone650-493-4000

Debt

Debt-to-Equity RatioN/A
Current Ratio1.53
Quick Ratio1.25

Price-To-Earnings

Trailing P/E Ratio26.81
Forward P/E Ratio25.58
P/E Growth3.24

Sales & Book Value

Annual Sales$2.67 billion
Price / Sales3.93
Cash Flow$4.4192 per share
Price / Cash25.93
Book Value$16.33 per share
Price / Book7.02

Profitability

EPS (Most Recent Fiscal Year)$3.60
Net Income$249.60 million
Net Margins4.77%
Return on Equity27.99%
Return on Assets12.51%

Miscellaneous

Employees6,600
Outstanding Shares91,500,000
Market Cap$10,647.52

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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) posted its earnings results on Wednesday, April, 25th. The medical equipment provider reported $1.15 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.04 by $0.11. The medical equipment provider earned $729.90 million during the quarter, compared to the consensus estimate of $685.86 million. Varian Medical Systems had a net margin of 4.77% and a return on equity of 27.99%. The company's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 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, July, 25th 2018. View Earnings Estimates for Varian Medical Systems.

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

Varian Medical Systems updated its FY18 earnings guidance on Wednesday, April, 25th. The company provided earnings per share (EPS) guidance of $4.43-4.53 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.40. The company issued revenue guidance of +6-9% (Approx $3.11-3.21 billion), compared to the consensus revenue estimate of $2.79 billion.

What price target have analysts set for VAR?

8 Wall Street analysts have issued 12-month price targets for Varian Medical Systems' stock. Their forecasts range from $98.00 to $132.00. On average, they anticipate Varian Medical Systems' stock price to reach $111.2857 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. View Analyst Ratings for Varian Medical Systems.

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

8 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

Has Varian Medical Systems been receiving favorable news coverage?

Headlines about VAR stock have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Varian Medical Systems earned a daily sentiment score of 0.09 on Accern's scale. They also assigned news stories about the medical equipment provider an impact score of 45.62 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are Varian Medical Systems' major shareholders?

Varian Medical Systems' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Alecta Pensionsforsakring Omsesidigt (1.74%), Bank of Montreal Can (0.11%), Montrusco Bolton Investments Inc. (0.10%), JLB & Associates Inc. (0.09%), DnB Asset Management AS (0.06%) and State of Alaska Department of Revenue (0.04%). Company insiders that own Varian Medical Systems stock include Clarence R Verhoef, David J Illingworth, Dow R Wilson, Elisha W Finney, 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 institutional investors are selling Varian Medical Systems stock?

VAR stock was sold by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, State of Alaska Department of Revenue and TNB Financial. Company insiders that have sold Varian Medical Systems company stock in the last year include David J Illingworth, Dow R Wilson, John W Kuo, Kolleen T Kennedy, Magnus Momsen, Mark R Laret, R Andrew Eckert, Susan L Bostrom and Timothy E Guertin. View Insider Buying and Selling for Varian Medical Systems.

Which institutional investors are buying Varian Medical Systems stock?

VAR stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, DnB Asset Management AS, Montrusco Bolton Investments Inc., Clinton Group Inc., Cohen Klingenstein LLC, Welch & Forbes LLC, Bright Rock Capital Management LLC and Gateway Investment Advisers LLC. 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 $114.59.

How big of a company is Varian Medical Systems?

Varian Medical Systems has a market capitalization of $10.65 billion and generates $2.67 billion in revenue each year. The medical equipment provider earns $249.60 million in net income (profit) each year or $3.60 on an earnings per share basis. Varian Medical Systems employs 6,600 workers across the globe.

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:  386 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  735
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 7/16/2018 by MarketBeat.com Staff

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