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) announced its earnings results on Tuesday, October, 23rd. The medical equipment provider reported $1.16 earnings per share (EPS) for the quarter, missing the Zacks' 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 firm's revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business 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 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 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.

8 analysts have issued 1 year target prices for Varian Medical Systems' stock. Their predictions range from $105.00 to $140.00. On average, they expect Varian Medical Systems' stock price to reach $124.1429 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. View Analyst Price Targets 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 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Varian Medical Systems.

Media coverage about VAR stock has trended positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media 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 -5 to 5, with scores closest to five being the most favorable. Varian Medical Systems earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave headlines about the medical equipment provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

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), Natus Medical (BABY), Viewray (VRAY), AxoGen (AXGN), Semler Scientific (SMLR), BioLife Solutions (BLFS), Cutera (CUTR), Rockwell Medical (RMTI), Electrocore (ECOR) and Fonar (FONR).

Varian Medical Systems' stock is owned by many different of retail and institutional investors. Top institutional investors include Oakbrook Investments LLC (0.31%), Saratoga Research & Investment Management (0.27%), BTIM Corp. (0.23%), Retirement Systems of Alabama (0.10%), DNB Asset Management AS (0.10%) and Personal Capital Advisors Corp (0.09%). 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 Saratoga Research & Investment Management, State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Gulf International Bank UK Ltd, Retirement Systems of Alabama, Oakbrook Investments LLC, QUANTRES ASSET MANAGEMENT Ltd and First Hawaiian Bank. 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 purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Fox Run Management L.L.C., BTIM Corp., Personal Capital Advisors Corp, Meeder Asset Management Inc., Rockland Trust Co., JLB & Associates Inc. and Moody National Bank Trust Division. 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 $127.84.

Varian Medical Systems has a market capitalization of $11.65 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]