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Varex Imaging CorporationNasdaqGS:VREX Stock Report

Market Cap US$483.7m
Share Price
US$11.67
My Fair Value
US$17
32.9% undervalued intrinsic discount
1Y14.1%
7D1.0%
Portfolio Value
View

Varex Imaging Corporation

NasdaqGS:VREX Stock Report

Market Cap: US$483.7m

Varex Imaging (VREX) Stock Overview

Designs, manufactures, and sells X-ray imaging components. More details

VREX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

VREX Community Fair Values

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Varex Imaging Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Varex Imaging
Historical stock prices
Current Share PriceUS$11.67
52 Week HighUS$16.93
52 Week LowUS$6.76
Beta0.87
1 Month Change23.10%
3 Month Change30.98%
1 Year Change14.08%
3 Year Change-47.60%
5 Year Change4.38%
Change since IPO-57.21%

Recent News & Updates

Varex Imaging Corporation (NASDAQ:VREX) Just Reported Earnings, And Analysts Cut Their Target Price

Aug 10
Varex Imaging Corporation (NASDAQ:VREX) Just Reported Earnings, And Analysts Cut Their Target Price

The Returns At Varex Imaging (NASDAQ:VREX) Aren't Growing

Aug 06
The Returns At Varex Imaging (NASDAQ:VREX) Aren't Growing

Recent updates

Varex Imaging Corporation (NASDAQ:VREX) Just Reported Earnings, And Analysts Cut Their Target Price

Aug 10
Varex Imaging Corporation (NASDAQ:VREX) Just Reported Earnings, And Analysts Cut Their Target Price

The Returns At Varex Imaging (NASDAQ:VREX) Aren't Growing

Aug 06
The Returns At Varex Imaging (NASDAQ:VREX) Aren't Growing

Calculating The Intrinsic Value Of Varex Imaging Corporation (NASDAQ:VREX)

Jul 19
Calculating The Intrinsic Value Of Varex Imaging Corporation (NASDAQ:VREX)

These 4 Measures Indicate That Varex Imaging (NASDAQ:VREX) Is Using Debt Extensively

Jun 10
These 4 Measures Indicate That Varex Imaging (NASDAQ:VREX) Is Using Debt Extensively

Earnings Beat: Varex Imaging Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

May 11
Earnings Beat: Varex Imaging Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Lacklustre Performance Is Driving Varex Imaging Corporation's (NASDAQ:VREX) 32% Price Drop

Apr 25
Lacklustre Performance Is Driving Varex Imaging Corporation's (NASDAQ:VREX) 32% Price Drop

Little Excitement Around Varex Imaging Corporation's (NASDAQ:VREX) Revenues As Shares Take 32% Pounding

Apr 25
Little Excitement Around Varex Imaging Corporation's (NASDAQ:VREX) Revenues As Shares Take 32% Pounding

Be Wary Of Varex Imaging (NASDAQ:VREX) And Its Returns On Capital

Apr 04
Be Wary Of Varex Imaging (NASDAQ:VREX) And Its Returns On Capital

Varex Imaging Corporation: A Mixed Picture

Jan 21

Varex Imaging (NASDAQ:VREX) Is Finding It Tricky To Allocate Its Capital

Dec 19
Varex Imaging (NASDAQ:VREX) Is Finding It Tricky To Allocate Its Capital

There's Reason For Concern Over Varex Imaging Corporation's (NASDAQ:VREX) Massive 29% Price Jump

Nov 07
There's Reason For Concern Over Varex Imaging Corporation's (NASDAQ:VREX) Massive 29% Price Jump

Does Varex Imaging (NASDAQ:VREX) Have A Healthy Balance Sheet?

Oct 22
Does Varex Imaging (NASDAQ:VREX) Have A Healthy Balance Sheet?
User avatar

Expanding In India And Innovating In Photon Technology Boosts Prospects Despite Challenges In China And Semiconductor Softness

Expansion into India and focus on photon counting technology aim to recover market share in radiographic and dental sectors, potentially increasing revenue.

Varex Imaging: Headroom Capped Without Higher Earnings On Capital Employed

Sep 11

Little Excitement Around Varex Imaging Corporation's (NASDAQ:VREX) Earnings

Aug 20
Little Excitement Around Varex Imaging Corporation's (NASDAQ:VREX) Earnings

We Like Varex Imaging's (NASDAQ:VREX) Earnings For More Than Just Statutory Profit

May 10
We Like Varex Imaging's (NASDAQ:VREX) Earnings For More Than Just Statutory Profit

Varex Imaging Corporation: The Picture Is Cloudy After Quarterly Results

Feb 07

We Like These Underlying Return On Capital Trends At Varex Imaging (NASDAQ:VREX)

Dec 14
We Like These Underlying Return On Capital Trends At Varex Imaging (NASDAQ:VREX)

Is Varex Imaging (NASDAQ:VREX) A Risky Investment?

Nov 05
Is Varex Imaging (NASDAQ:VREX) A Risky Investment?

Is There Now An Opportunity In Varex Imaging Corporation (NASDAQ:VREX)?

Oct 29
Is There Now An Opportunity In Varex Imaging Corporation (NASDAQ:VREX)?

Varex Imaging (NASDAQ:VREX) Hasn't Managed To Accelerate Its Returns

Sep 27
Varex Imaging (NASDAQ:VREX) Hasn't Managed To Accelerate Its Returns

Shareholder Returns

VREXUS Medical EquipmentUS Market
7D1.0%0.4%0.5%
1Y14.1%4.0%20.8%

Return vs Industry: VREX exceeded the US Medical Equipment industry which returned 4% over the past year.

Return vs Market: VREX underperformed the US Market which returned 20.8% over the past year.

Price Volatility

Is VREX's price volatile compared to industry and market?
VREX volatility
VREX Average Weekly Movement9.1%
Medical Equipment Industry Average Movement8.1%
Market Average Movement6.4%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: VREX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: VREX's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20162,300Sunny Sanyalwww.vareximaging.com

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.

Varex Imaging Corporation Fundamentals Summary

How do Varex Imaging's earnings and revenue compare to its market cap?
VREX fundamental statistics
Market capUS$483.72m
Earnings (TTM)-US$132.50m
Revenue (TTM)US$821.40m
0.6x
P/S Ratio
-3.7x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VREX income statement (TTM)
RevenueUS$821.40m
Cost of RevenueUS$541.60m
Gross ProfitUS$279.80m
Other ExpensesUS$412.30m
Earnings-US$132.50m

Last Reported Earnings

Jul 04, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-3.19
Gross Margin34.06%
Net Profit Margin-16.13%
Debt/Equity Ratio78.3%

How did VREX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/08 02:35
End of Day Share Price 2025/09/08 00:00
Earnings2025/07/04
Annual Earnings2024/09/27

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Varex Imaging Corporation is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyle BauserB. Riley Securities, Inc.
Anderson SchockB. Riley Securities, Inc.
Lawrence SolowCJS Securities, Inc.