Varex Imaging Corporation (VREX)

Market Cap	514.85M
Revenue (ttm)	832.70M
Net Income (ttm)	34.20M
Shares Out	40.86M
EPS (ttm)	0.80
PE Ratio	15.74
Forward PE	23.01
Dividend	n/a
Ex-Dividend Date	n/a

Volume	423,902
Open	12.32
Previous Close	12.35
Day's Range	12.15 - 12.67
52-Week Range	10.19 - 21.50
Beta	0.55
Analysts	Strong Buy
Price Target	25.50 (+102.38%)
Earnings Date	Nov 12, 2024

About VREX

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers. This segment's...

• Industry: Medical Devices
• Sector: Healthcare
• Founded: 2016
• Employees: 2,400
• Stock Exchange: NASDAQ
• Ticker Symbol: VREX
• Website: https://www.vareximaging.com

Financial Performance

In 2023, Varex Imaging's revenue was $893.40 million, an increase of 3.96% compared to the previous year's $859.40 million. Earnings were $48.20 million, an increase of 59.08%.

Analyst Forecast

According to 2 analysts, the average rating for VREX stock is "Strong Buy." The 12-month stock price forecast is $25.5, which is an increase of 102.38% from the latest price.

Price Target

$25.5

(102.38% upside)

Analyst Consensus: Strong Buy