Varex Imaging Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 28/207 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 17.20.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Varex Imaging Corp's Score
Industry at a Glance
Industry Ranking
28 / 207
Overall Ranking
108 / 4563
Industry
Healthcare Equipment & Supplies
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Buy
Current Rating
17.200
Target Price
+50.09%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Varex Imaging Corp Highlights
StrengthsRisks
Varex Imaging Corporation is a designer and manufacturer of X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems. The Company’s segments include Medical and Industrial. Its Medical segment designs, manufactures, sells and services X-ray imaging components, including X-ray tubes, flat panel and photon-counting detectors and accessories, high-voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and coolers. Its Industrial segment designs, develops, manufactures, sells, and services X-ray imaging products for use in a number of applications, including security applications for cargo screening at ports and borders, baggage screening at airports, and nondestructive testing, irradiation, and inspection applications used in a number of other verticals.
Undervalued
The company’s latest PE is -6.97, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 39.17M shares, decreasing 14.28% quarter-over-quarter.
Varex Imaging Corporation is a designer and manufacturer of X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems. The Company’s segments include Medical and Industrial. Its Medical segment designs, manufactures, sells and services X-ray imaging components, including X-ray tubes, flat panel and photon-counting detectors and accessories, high-voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and coolers. Its Industrial segment designs, develops, manufactures, sells, and services X-ray imaging products for use in a number of applications, including security applications for cargo screening at ports and borders, baggage screening at airports, and nondestructive testing, irradiation, and inspection applications used in a number of other verticals.
Ticker SymbolVREX
CompanyVarex Imaging Corp
CEOSanyal (Sunny S)
Websitehttps://www.vareximaging.com/
FAQs
What is the current price of Varex Imaging Corp (VREX)?
The current price of Varex Imaging Corp (VREX) is 11.830.
What is the symbol of Varex Imaging Corp?
The ticker symbol of Varex Imaging Corp is VREX.
What is the 52-week high of Varex Imaging Corp?
The 52-week high of Varex Imaging Corp is 15.460.
What is the 52-week low of Varex Imaging Corp?
The 52-week low of Varex Imaging Corp is 6.760.
What is the market capitalization of Varex Imaging Corp?
The market capitalization of Varex Imaging Corp is 493.19M.
What is the net income of Varex Imaging Corp?
The net income of Varex Imaging Corp is -70.30M.
Is Varex Imaging Corp (VREX) currently rated as Buy, Hold, or Sell?
According to analysts, Varex Imaging Corp (VREX) has an overall rating of Buy, with a price target of 17.200.
What is the Earnings Per Share (EPS TTM) of Varex Imaging Corp (VREX)?
The Earnings Per Share (EPS TTM) of Varex Imaging Corp (VREX) is -1.698.