Varian Medical Systems, Inc. (VAR)
| Market Cap | 16.26B |
| Revenue (ttm) | 3.12B |
| Net Income (ttm) | 277.50M |
| Shares Out | 91.40M |
| EPS (ttm) | 3.03 |
| PE Ratio | 58.40 |
| Forward PE | 33.78 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | - |
| Open | - |
| Previous Close | 177.07 |
| Day's Range | 177.03 - 177.20 |
| 52-Week Range | 103.67 - 177.38 |
| Beta | 1.07 |
| Analysts | Hold |
| Price Target | 177.75 (+0.4%) |
| Est. Earnings Date | May 3, 2021 |
About VAR
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 Oncology Systems and Proton Solutions segments. The Oncology Systems segment offers 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, artificial intelligence based ...
Financial Performance
In 2020, VAR's revenue was $3.17 billion, a decrease of -1.76% compared to the previous year's $3.23 billion. Earnings were $269.20 million, a decrease of -7.78%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for VAR stock is "Hold." The 12-month stock price forecast is 177.75, which is an increase of 0.38% from the latest price.
News
Varian and Icon Group Partner to Extend Commitment to Global Cancer Care
PALO ALTO, Calif., April 27, 2021 /PRNewswire/ -- Varian (NYSE: VAR), a Siemens Healthineers company, has signed an agreement with Australia's Icon Group to provide 30 linear accelerators and associated...
PTC Set to Join S&P 500; Lattice Semiconductor & Progyny to Join S&P MidCap 400; Domtar to Join S&P SmallCap 600
NEW YORK, April 15, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 effective prior to the open of trading on Tuesday, Apr...
Varian Wins Best After-Sales Service Award for Radiotherapy Products in China for Fourth Consecutive Year
PALO ALTO, Calif., April 12, 2021 /PRNewswire/ -- Varian (NYSE: VAR) today announced it received the Best After-Sales Service Award for Radiotherapy Products in the 2020 Chinese Medical Devices Industry...
Varian (VAR) Inks Deal With Google Cloud to Boost Cancer Care
Varian (VAR) partners with Google Cloud to help in the fight against cancer through the development of an advanced AI based diagnostic platform.
Varian and Google Cloud Collaborate to Aid in the Fight Against Cancer
PALO ALTO, Calif., April 8, 2021 /PRNewswire/ -- Varian (NYSE: VAR) today announced it is collaborating with Google Cloud to build an advanced artificial intelligence (AI) based diagnostic platform to a...
Varian Medical (VAR) Hits 52-Week High: What's Driving It?
Varian Medical (VAR) is optimistic about its prospective acquisitions and strength in Proton Therapy segment.
Varian Medical Systems Invests in Bend It Technologies, Ltd., a Company Developing Novel Steerable Microcatheters
PALO ALTO, Calif. and PETACH TIKVA, Israel, March 25, 2021 /PRNewswire/ -- Varian (NYSE: VAR) today announced a new investment in Bend It Technologies Ltd.
Why You Should Retain Varian (VAR) in Your Portfolio Now
Investor optimism is high on the Varian (VAR) stock, courtesy of its solid prospects.
CTSI Oncology Solutions, a Varian Company, to Provide Technology-Enabled Services for Radiation Oncology at CHRISTUS ...
PALO ALTO, Calif., Feb. 24, 2021 /PRNewswire/ -- CTSI Oncology Solutions, a Varian (NYSE: VAR) company that provides oncology services for healthcare providers worldwide, has entered into a long-term, m...
Exclusive: EU antitrust regulators to okay Siemens Healthineers' $16.4 billion Varian buy - sources
EU antitrust regulators are set to grant conditional clearance to German health group Siemens Healthineers' $16.4-billion bid for U.S. peer Varian Medical Systems Inc, three people familiar with the mat...
First Eagle Investment's Top 4th-Quarter Trades
First Eagle Investment (Trades, Portfolio) has revealed its portfolio for the fourth quarter of 2020. Major trades for the firm include reductions in Deere & Co. (NYSE:DE), Philip Morris International I...
Varian Installs World's First ProBeam® 360° Proton Therapy System at Penn Medicine Lancaster General Health
PALO ALTO, Calif., Feb. 4, 2021 /PRNewswire/ -- Varian (NYSE: VAR) has started the installation of the cyclotron and gantry for its ProBeam® 360° single-room proton therapy system at Penn Medicine Lanca...
Varian (VAR) Q1 Earnings Beat Estimates, Revenues Miss Mark
Varian's (VAR) receipt of 13 Ethos orders in fiscal Q1 raises investors' optimism on the stock.
Varian Medical Systems, Inc. (VAR) Beats Q1 Earnings Estimates
Varian Medical Systems, Inc. (VAR) delivered earnings and revenue surprises of 9.62% and -8.33%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the s...
Varian (VAR) to Report Q1 Earnings: What's in the Offing?
Varian's (VAR) fiscal first-quarter earnings are likely to reflect strength in Halcyon platform.
Varian Ranked Highest in Survey of US Radiation Oncology Professionals
PALO ALTO, Calif., Jan. 19, 2021 /PRNewswire/ -- Varian (NYSE: VAR) has been recognized again as the leader in the annual IMV ServiceTrak™ Radiation Oncology Systems report, ranking first in all nine of...
Varian Announces First Quarter Fiscal Year 2021 Earnings Release Date
PALO ALTO, Calif., Jan. 8, 2021 /PRNewswire/ -- Varian (NYSE: VAR) today announced its first quarter fiscal year 2021 earnings release date. The Company will report results for the first quarter of fisc...
Varian (VAR) Inks Deal With Yonsei Cancer Center in Korea
Varian (VAR) will be coordinating with Yonsei Cancer Center on formulating AI solutions, which are proven to upgrade early detection of cancer.
Here's Why You Should Hold onto Varian Medical (VAR) Stock Now
Investor confidence is high on Varian Medical (VAR) stock, courtesy of solid prospects.
The Most Popular Guru Buys of the 3rd Quarter
The third quarter was undeniably another bull run for stock markets with the major U.S. indexes reaching unprecedented highs. The S&P 500 surpassed 3,500 for the first time in history, the Nasdaq rocket...
Varian Medical Systems: Key Upside Factors To The Siemens Transaction
Varian Medical Systems has key drivers in the growth engine that will continue to generate torque to the flywheel. The Siemens transaction highlights the company's standing as a leading authority in ste...
Varian and the Cincinnati Children's/UC Health Proton Therapy Center Announce Initial Patient Treated in the FAST-01 ...
PALO ALTO, Calif., and CINCINNATI, Ohio, Nov. 19, 2020 /PRNewswire/ -- Varian (NYSE: VAR) and the Cincinnati Children's/UC Health Proton Therapy Center today announce the start of the first clinical tri...
Top 5 3rd-Quarter Trades of Al Gore's Firm
Generation Investment Management, the firm founded by Al Gore (Trades, Portfolio) and David Blood, disclosed this week that its top five trades for the third quarter included a new position in Cisco Sys...
Varian Medical Systems Invests in COTA, Inc. to Help Drive Faster, More Accurate Data-Driven Cancer Care
PALO ALTO, Calif., Nov. 10, 2020 /PRNewswire/ -- Varian (NYSE: VAR) today announced a new $10M investment and collaboration agreement with COTA, Inc., a Boston-based curator of clinical data in oncology...