Home » Stocks » Varex Imaging

Varex Imaging Corporation (VREX)

Stock Price: $14.33 USD 0.31 (2.21%)
Updated Oct 22, 2020 4:00 PM EDT - Market closed
After-hours: $14.50 +0.17 (1.19%) Oct 22, 5:56 PM

Stock Price Chart

Key Info

Market Cap 559.69M
Revenue (ttm) 770.70M
Net Income (ttm) -23.40M
Shares Out 39.06M
EPS (ttm) -0.61
PE Ratio n/a
Forward PE 43.86
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 22, 2020
Last Price $14.33
Previous Close $14.02
Change ($) 0.31
Change (%) 2.21%
Day's Open 14.06
Day's Range 13.96 - 14.46
Day's Volume 425,382
52-Week Range 10.37 - 33.00

More Stats

Market Cap 559.69M
Enterprise Value 919.09M
Earnings Date (est) Nov 17, 2020
Ex-Dividend Date n/a
Shares Outstanding 39.06M
Float 38.86M
EPS (basic) -0.59
EPS (diluted) -0.61
FCF / Share 0.56
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 3.91%
Payout Ratio n/a
Shares Short 4.41M
Short Ratio 9.49
Short % of Float 11.35%
Beta 0.87
PE Ratio n/a
Forward PE 43.86
P/FCF Ratio 25.56
PS Ratio 0.73
PB Ratio 1.14
Revenue 770.70M
Operating Income -4.60M
Net Income -23.40M
Free Cash Flow 21.90M
Net Cash -359.40M
Net Cash / Share -9.20
Gross Margin 34.29%
Operating Margin -0.60%
Profit Margin -3.00%
FCF Margin 2.84%
ROA 0.59%
ROE -4.95%
ROIC -0.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 2
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$19.00*
(32.59% upside)
Low
14.0
Current: $14.33
High
24.0
Target: 19.00
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013
Revenue781773698620632685670
Revenue Growth0.93%10.79%12.58%-1.93%-7.72%2.3%-
Gross Profit257254254248251279268
Operating Income45.7044.5083.70109128176169
Net Income15.5027.5051.6068.5080.00110110
Shares Outstanding38.2037.9037.6037.4037.40--
Earnings Per Share0.400.721.361.822.12--
EPS Growth-44.44%-47.06%-25.27%-14.15%---
Operating Cash Flow71.9085.3075.2074.2085.2011991.20
Capital Expenditures-19.80-20.40-20.20-28.90-34.30-23.20-8.30
Free Cash Flow52.1064.9055.0045.3050.9095.4082.90
Cash & Equivalents29.9051.9083.3036.5020.600.50-
Total Debt395390484----
Net Cash / Debt-365-338-40136.5020.600.50-
Assets1,0399881,040622584433-
Liabilities58054965086.1088.0073.80-
Book Value445426379526485359-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Varex Imaging Corporation
Country United States
Employees 2,000
CEO Sunny S. Sanyal

Stock Information

Ticker Symbol VREX
Stock Exchange NASDAQ
Sector Healthcare
Industry Medical Devices
Unique Identifier NASDAQ: VREX

Description

Varex Imaging Corporation designs and manufactures X-ray imaging components. The company operates in two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys. This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, radiation therapy, oncology, cardiac, surgery, dental, and computer-aided detection. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, high voltage connectors, and image-processing software for use in security and industrial inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive examination in various applications. Varex Imaging Corporation sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. The company has operations in North America, Latin America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation is headquartered in Salt Lake City, Utah.