Varex Imaging Corporation (VREX)
NASDAQ: VREX · IEX Real-Time Price · USD
16.78
-0.12 (-0.71%)
Apr 26, 2024, 3:15 PM EDT - Market open
Varex Imaging Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Varex Imaging stock have an average target of 27, with a low estimate of 24 and a high estimate of 30. The average target predicts an increase of 60.91% from the current stock price of 16.78.
Analyst Consensus: Buy
* Price targets were last updated on Nov 15, 2023.
Analyst Ratings
The average analyst rating for Varex Imaging stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $42 → $30 | Buy | Maintains | $42 → $30 | +78.78% | Nov 15, 2023 |
| Oppenheimer | Oppenheimer | Buy Reiterates $42 | Buy | Reiterates | $42 | +150.30% | Aug 2, 2023 |
| Jefferies | Jefferies | Hold Maintains $22 → $24 | Hold | Maintains | $22 → $24 | +43.03% | May 24, 2023 |
| Jefferies | Jefferies | Hold Initiates $24 | Hold | Initiates | $24 | +43.03% | Oct 12, 2022 |
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Feb 5, 2021 |
Financial Forecast
Revenue This Year
870.09M
from 893.40M
Decreased by -2.61%
Revenue Next Year
906.17M
from 870.09M
Increased by 4.15%
EPS This Year
0.99
from 1.08
Decreased by -8.07%
EPS Next Year
1.30
from 0.99
Increased by 31.17%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 899.9M | 942.9M |
| Avg | 870.1M | 906.2M |
| Low | 832.4M | 857.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 0.7% | 8.4% |
| Avg | -2.6% | 4.1% |
| Low | -6.8% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.04 | 1.47 |
| Avg | 0.99 | 1.30 |
| Low | 0.93 | 1.08 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -3.7% | 48.1% |
| Avg | -8.1% | 31.2% |
| Low | -13.8% | 8.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.