Varex/VREX

$17.25

-3.68%
-
1D1W1MYTD1YMAX

About Varex

Varex Imaging Corporation is a designer and manufacturer of X-ray tubes, digital detectors and other image processing solutions. The Company operates through two segments: Medical and Industrial. The Medical segment designs, manufactures, sells and services X-ray imaging components, including X-ray tubes, digital detectors, ionization chambers and buckys, high voltage connectors, image-processing software and workstations, three-dimensional (3D) reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers. These components are used in a range of medical imaging applications. The Industrial segment designs, develops, manufactures, sells and services X-ray imaging products for use in a number of markets, including security applications for cargo screening at ports and borders and baggage screening at airports, and nondestructive testing, irradiation and inspection applications used in various other markets.

Ticker

VREX

Sector

Healthcare

Trading on

NASDAQ

Industry

Medical Equipment & Supplies

CEO

Sunny Sanyal

Employees

2,300

Headquarters

Salt lake city, United States

Varex Metrics

BasicAdvanced
$700.35M
Market cap
25.70
P/E ratio
$0.67
EPS
0.71
Beta
-
Dividend rate
$700.35M
0.70847
$23.90
$16.72
330.67K
4.302
2.372
77.694
78.01
18.169
2.85%
3.72%
8.25%
4.32%
25.699
0.798
1.232
2.731
7.235
1.34%
-14.03%
6.56%

What the Analysts think about Varex

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 4 analysts.
61.62% upside
High $36.00
Low $19.50
$17.25
Current price
$27.88
Average price target

Varex Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-0.26% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$190M
-16.45%
Net income
$-500K
-101.57%
Profit margin
-0.26%
-101.85%

Varex Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 43.75%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.26
$0.37
$0.45
$0.06
-
Expected
$0.18
$0.32
$0.35
$0.11
$0.21
Surprise
41.82%
16.84%
28.57%
-43.75%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Varex stock?

Varex (VREX) has a market cap of $700.35M as of April 14, 2024.

What is the P/E ratio for Varex stock?

The price to earnings (P/E) ratio for Varex (VREX) stock is 25.7 as of April 14, 2024.

Does Varex stock pay dividends?

No, Varex (VREX) stock does not pay dividends to its shareholders as of April 14, 2024.

When is the next Varex dividend payment date?

Varex (VREX) stock does not pay dividends to its shareholders.

What is the beta indicator for Varex?

Varex (VREX) has a beta rating of 0.71. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Varex stock price target?

The target price for Varex (VREX) stock is $27.88, which is 61.62% above the current price of $17.25. This is an average based on projections from 4 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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