Varex Imaging Corporation (VREX)

NASDAQ: VREX · IEX Real-Time Price · USD
20.04
-0.26 (-1.28%)
Dec 7, 2022 4:00 PM EST - Market closed
-1.28%
Market Cap 807.61M
Revenue (ttm) 859.40M
Net Income (ttm) 30.30M
Shares Out 40.10M
EPS (ttm) 0.71
PE Ratio 28.23
Forward PE 28.99
Dividend n/a
Ex-Dividend Date n/a
Volume 231,739
Open 20.35
Previous Close 20.3
Day's Range 19.84 - 20.5
52-Week Range 18.9 - 32.65
Beta 0.79
Analysts Buy
Price Target 33.92 (+69.3%)
Earnings Date Nov 15, 2022

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, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys. This segment's products are u... [Read more]

Industry Health Care Equipment & Supplies
CEO Sunny Sanyal
Employees 2,300
Stock Exchange NASDAQ
Ticker Symbol VREX
Full Company Profile

Financial Performance

In 2022, Varex Imaging's revenue was $859.40 million, an increase of 5.05% compared to the previous year's $818.10 million. Earnings were $30.30 million, an increase of 74.14%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for VREX stock is "Buy." The 12-month stock price forecast is 33.92, which is an increase of 69.26% from the latest price.

Price Target
$33.92
(69.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

VAREX IMAGING (VREX) Surpasses Q4 Earnings and Revenue Estimates

VAREX IMAGING (VREX) delivered earnings and revenue surprises of 52.38% and 3.28%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Varex Announces Financial Results for Fourth Quarter and Fiscal Year 2022

SALT LAKE CITY--( BUSINESS WIRE )--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the fourth quarter of fiscal year 2022.

3 weeks ago - Business Wire

Analysts Estimate VAREX IMAGING (VREX) to Report a Decline in Earnings: What to Look Out for

VAREX IMAGING (VREX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 weeks ago - Zacks Investment Research

Varex Schedules Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced that it will report unaudited financial results for the fourth quarter and full fiscal year 2022 following the c...

1 month ago - Business Wire

7 Small-Cap Stocks That Are Too Cheap to Ignore

Generally speaking, you want to keep your portfolio tied largely to blue-chip stocks.  However, on occasion, your portfolio should also include cheap small-cap stocks.

2 months ago - InvestorPlace

Varex Names Kathleen L. Bardwell to Board of Directors

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (“Varex”) (Nasdaq: VREX) today announced that Kathleen L. Bardwell has been appointed to the company's Board of Directors, effective July 29, 2...

4 months ago - Business Wire

Varex Announces Financial Results for Third Quarter Fiscal Year 2022

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the third quarter of fiscal year 2022. 3QFY22 Summary Revenues $214 million ...

4 months ago - Business Wire

Varex Schedules Third Quarter Fiscal Year 2022 Earnings Release and Conference Call

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced that it will report unaudited financial results for the third quarter of fiscal year 2022 following the close of...

4 months ago - Business Wire

Varex Announces Financial Results for Second Quarter Fiscal Year 2022

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter of fiscal year 2022. 2QFY22 Summary Revenues $215 million...

7 months ago - Business Wire

Varex Schedules Second Quarter Fiscal Year 2022 Earnings Release and Conference Call

SALT LAKE CITY--(BUSINESS WIRE)--Varex Schedules Second Quarter Fiscal Year 2022 Earnings Release and Conference Call

7 months ago - Business Wire

Varex to Present at Oppenheimer's 32nd Annual Healthcare Virtual Investor Conference

SALT LAKE CITY--(BUSINESS WIRE)--VAREX TO PRESENT AT OPPENHEIMER'S 32ND ANNUAL HEALTHCARE VIRTUAL INVESTOR CONFERENCE

8 months ago - Business Wire

Varex Announces Partial Redemption of Senior Secured Notes

SALT LAKE CITY--(BUSINESS WIRE)--Varex Announces Partial Redemption of Senior Secured Notes

9 months ago - Business Wire

Varex Announces Financial Results for First Quarter Fiscal Year 2022

SALT LAKE CITY--(BUSINESS WIRE)--Varex Announces Financial Results for First Quarter Fiscal Year 2022

9 months ago - Business Wire

Varex Schedules First Quarter Fiscal Year 2022 Earnings Release and Conference Call

SALT LAKE CITY--(BUSINESS WIRE)--Varex Schedules First Quarter Fiscal Year 2022 Earnings Release and Conference Call

10 months ago - Business Wire

Here's What Investors Need to Know About Varex Imaging's Q4 Earnings

The company is recovering from the steep losses it experienced during the height of the COVID-19 pandemic.

11 months ago - The Motley Fool

Varex to Hold Virtual Annual Meeting of Stockholders and Sets Annual Meeting and Record Dates

SALT LAKE CITY--(BUSINESS WIRE)--Varex to Hold Virtual Annual Meeting of Stockholders and Sets Annual Meeting and Record Dates

11 months ago - Business Wire

Varex Imaging: Q4 Earnings Insights

Varex Imaging (NASDAQ:VREX) reported its Q4 earnings results on Tuesday, November 16, 2021 at 04:05 PM. Here's what investors need to know about the announcement.

1 year ago - Benzinga

Varex Announces Record Financial Results for Fourth Quarter and Fiscal Year 2021

SALT LAKE CITY--(BUSINESS WIRE)--Varex Announces Record Financial Results for Fourth Quarter and Fiscal Year 2021

1 year ago - Business Wire

Earnings Preview For Varex Imaging

Varex Imaging (NASDAQ: VREX) is set to give its latest quarterly earnings report on Tuesday, 2021-11-16. Here's what investors need to know before the announcement.

1 year ago - Benzinga

Varex Schedules Fourth Quarter and Fiscal Year 2021 Earnings Release and Conference Call

SALT LAKE CITY--(BUSINESS WIRE)--Varex Schedules Fourth Quarter and Fiscal Year 2021 Earnings Release and Conference Call

1 year ago - Business Wire

Earnings Estimates Moving Higher for VAREX IMAGING (VREX): Time to Buy?

VAREX IMAGING (VREX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 year ago - Zacks Investment Research

4 MedTechs to Gain in 2H21 Beating the Delta Variant-Led Dip

Investors can choose to invest in MedTech stocks like VREX, OMCL, STAA, and IDXX that have shown tremendous promise amid the pandemic.

Other symbols: IDXXOMCLSTAA
1 year ago - Zacks Investment Research

VAREX IMAGING (VREX) Q3 Earnings and Revenues Top Estimates

VAREX IMAGING (VREX) delivered earnings and revenue surprises of 48.15% and 2.95%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Varex Announces Financial Results for Third Quarter Fiscal Year 2021

SALT LAKE CITY--(BUSINESS WIRE)--Varex Announces Financial Results for Third Quarter Fiscal 2021

1 year ago - Business Wire

VAREX IMAGING (VREX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

VAREX IMAGING (VREX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research