Varex Imaging Corporation (VREX)

NASDAQ: VREX · IEX Real-Time Price · USD
17.63
+0.33 (1.91%)
Mar 27, 2024, 4:00 PM EDT - Market closed
1.91%
Market Cap 716.11M
Revenue (ttm) 877.80M
Net Income (ttm) 44.60M
Shares Out 40.60M
EPS (ttm) 0.98
PE Ratio 17.99
Forward PE 16.23
Dividend n/a
Ex-Dividend Date n/a
Volume 362,953
Open 17.50
Previous Close 17.30
Day's Range 17.32 - 17.73
52-Week Range 16.72 - 23.90
Beta 0.70
Analysts Buy
Price Target 27.00 (+53.15%)
Earnings Date Apr 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 2 analysts, the average rating for VREX stock is "Buy." The 12-month stock price forecast is $27.0, which is an increase of 53.15% from the latest price.

Price Target
$27.0
(53.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

12 hours 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...

26 days 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...

7 weeks 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 ...

2 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...

3 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...

4 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...

4 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...

5 months ago - Business Wire

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6 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...

7 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...

8 months 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 ...

9 months 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...

10 months 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...

11 months 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...

11 months 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

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,...

1 year 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 millio...

1 year 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 ...

1 year ago - Business Wire