Varex Imaging Corporation (VREX)

NASDAQ: VREX · IEX Real-Time Price · USD
14.55
-0.30 (-2.02%)
At close: Jul 12, 2024, 4:00 PM
14.62
+0.07 (0.48%)
After-hours: Jul 12, 2024, 4:47 PM EDT
-2.02%
Market Cap 595.10M
Revenue (ttm) 855.80M
Net Income (ttm) 41.90M
Shares Out 40.90M
EPS (ttm) 0.91
PE Ratio 15.99
Forward PE 17.05
Dividend n/a
Ex-Dividend Date n/a
Volume 336,516
Open 15.00
Previous Close 14.85
Day's Range 14.46 - 15.13
52-Week Range 13.97 - 23.61
Beta 0.60
Analysts Buy
Price Target 30.00 (+106.19%)
Earnings Date Jul 30, 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... [Read more]

Industry Medical Devices
Sector Healthcare
CEO Sunny S. Sanyal
Employees 2,300
Stock Exchange NASDAQ
Ticker Symbol VREX
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for VREX stock is "Buy" and the 12-month stock price forecast is $30.0.

Price Target
$30.0
(106.19% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Varex Management to Participate in Upcoming Investor Conferences

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) announced today that management is scheduled to participate in the following upcoming investor conferences. Jefferies Global H...

6 weeks ago - Business Wire

Varex Announces Financial Results for Second Quarter Fiscal Year 2024

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter of fiscal year 2024. 2QFY24 Summary Revenues $206 milli...

2 months ago - Business Wire

Varex Schedules Second Quarter Fiscal Year 2024 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 second quarter of fiscal year 2024 following the close...

2 months ago - Business Wire

Varex Announces Closing of Revolving Credit Facility of $155 Million

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced it has entered into a senior secured revolving credit agreement (the “RLOC Facility”) for an initial aggregate...

3 months ago - Business Wire

Varex to Present at Oppenheimer 34th Annual Healthcare MedTech & Services Virtual Conference

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) announced today that management is scheduled to present at the Oppenheimer 34th Annual Healthcare MedTech & Services Virtual C...

4 months ago - Business Wire

Varex Announces Financial Results for First Quarter Fiscal Year 2024

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the first quarter of fiscal year 2024. 1QFY24 Summary Revenues $190 millio...

5 months ago - Business Wire

Varex Schedules First Quarter Fiscal Year 2024 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 first quarter of fiscal year 2024 following the close ...

6 months ago - Business Wire

Varex to Present at CJS Securities 24th Annual New Ideas for the New Year Virtual Conference

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) announced today that management is scheduled to present at CJS Securities 24th Annual New Ideas for the New Year Virtual Confe...

7 months ago - Business Wire

Varex to Participate in Two Investor Conferences

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) announced today that management is scheduled to participate in two upcoming investor conferences. 6th Annual Evercore ISI Heal...

8 months ago - Business Wire

Varex Announces Financial Results for Fourth Quarter and Fiscal Year 2023

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the fourth quarter of fiscal year 2023. Q4 FY23 Summary Revenues of $227 m...

8 months ago - Business Wire

Varex Schedules Fourth Quarter and Fiscal Year 2023 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 2023 following the...

9 months ago - Business Wire

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10 months ago - Forbes

Varex to Present at the Sidoti Small Cap Virtual Conference

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) announced today that management is scheduled to present at the Sidoti Small Cap Virtual Conference. Management will participat...

10 months ago - Business Wire

Varex Announces Financial Results for Third Quarter Fiscal Year 2023

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the third quarter of fiscal year 2023. 3QFY23 Summary Revenues $232 millio...

1 year ago - Business Wire

Varex Schedules Third Quarter Fiscal Year 2023 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 2023 following the close ...

1 year ago - Business Wire

Varex to Present at the Jefferies Healthcare Conference

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) announced today that management is scheduled to present at the Jefferies Healthcare Conference. Management will participate in...

1 year ago - Business Wire

Varex Launches XRD 3131N X-Ray Detector for High Throughput Electric Vehicle Battery Inspection

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) announced today the launch of its XRD 3131N digital X-ray detector, addressing the growing need for faster and more comprehens...

1 year ago - Business Wire

Varex Announces Strong Financial Results for Second Quarter Fiscal Year 2023

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter of fiscal year 2023. 2QFY23 Summary Revenues $228 milli...

1 year ago - Business Wire

Varex Schedules Second Quarter Fiscal Year 2023 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 second quarter of fiscal year 2023 following the close...

1 year ago - Business Wire

Varex Announces Financial Results for First Quarter Fiscal Year 2023

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the first quarter of fiscal year 2023.

1 year ago - Business Wire

Varex Schedules First Quarter Fiscal Year 2023 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 first quarter of fiscal year 2023 following the clos...

1 year ago - Business Wire

Varex to Present at CJS Securities 23rd Annual New Ideas for the New Year Virtual Investor Conference

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) announced today that it is scheduled to present at CJS Securities 23rd Annual New Ideas for the New Year virtual investor co...

1 year ago - Business Wire

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

SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced that its 2023 Annual Meeting of Stockholders will be held in virtual format only at 5:30 pm Mountain Time on...

1 year ago - Business Wire

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.

1 year ago - Business Wire

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...

1 year ago - Business Wire