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Varex Imaging NasdaqGS:VREX Stock Report

Last Price

US$14.16

Market Cap

US$581.9m

7D

-8.3%

1Y

-30.5%

Updated

22 Dec, 2024

Data

Company Financials +

Varex Imaging Corporation

NasdaqGS:VREX Stock Report

Market Cap: US$581.9m

VREX Stock Overview

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

VREX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

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Community Narratives

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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$14.16
52 Week HighUS$21.06
52 Week LowUS$10.19
Beta0.61
1 Month Change-14.90%
3 Month Change20.10%
1 Year Change-30.49%
3 Year Change-55.50%
5 Year Change-53.31%
Change since IPO-48.07%

Recent News & Updates

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

Recent updates

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?

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

What Is Varex Imaging Corporation's (NASDAQ:VREX) Share Price Doing?

Jul 21
What Is Varex Imaging Corporation's (NASDAQ:VREX) Share Price Doing?

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

Jun 15
These 4 Measures Indicate That Varex Imaging (NASDAQ:VREX) Is Using Debt Reasonably Well

Is It Too Late To Consider Buying Varex Imaging Corporation (NASDAQ:VREX)?

Mar 25
Is It Too Late To Consider Buying Varex Imaging Corporation (NASDAQ:VREX)?

Varex Imaging Corporation's (NASDAQ:VREX) CEO Might Not Expect Shareholders To Be So Generous This Year

Feb 04
Varex Imaging Corporation's (NASDAQ:VREX) CEO Might Not Expect Shareholders To Be So Generous This Year

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

Jan 31
Is Varex Imaging (NASDAQ:VREX) A Risky Investment?

Returns On Capital At Varex Imaging (NASDAQ:VREX) Paint A Concerning Picture

Dec 22
Returns On Capital At Varex Imaging (NASDAQ:VREX) Paint A Concerning Picture

What Does Varex Imaging Corporation's (NASDAQ:VREX) Share Price Indicate?

Nov 08
What Does Varex Imaging Corporation's (NASDAQ:VREX) Share Price Indicate?

Varex Imaging (NASDAQ:VREX) Has A Pretty Healthy Balance Sheet

Oct 11
Varex Imaging (NASDAQ:VREX) Has A Pretty Healthy Balance Sheet

Investors Could Be Concerned With Varex Imaging's (NASDAQ:VREX) Returns On Capital

Sep 01
Investors Could Be Concerned With Varex Imaging's (NASDAQ:VREX) Returns On Capital

Shareholder Returns

VREXUS Medical EquipmentUS Market
7D-8.3%-1.5%-2.4%
1Y-30.5%10.1%23.3%

Return vs Industry: VREX underperformed the US Medical Equipment industry which returned 10.1% over the past year.

Return vs Market: VREX underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is VREX's price volatile compared to industry and market?
VREX volatility
VREX Average Weekly Movement6.0%
Medical Equipment Industry Average Movement7.6%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

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 (6%) 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$581.89m
Earnings (TTM)-US$47.70m
Revenue (TTM)US$811.00m

0.7x

P/S Ratio

-12.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VREX income statement (TTM)
RevenueUS$811.00m
Cost of RevenueUS$554.10m
Gross ProfitUS$256.90m
Other ExpensesUS$304.60m
Earnings-US$47.70m

Last Reported Earnings

Sep 27, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.16
Gross Margin31.68%
Net Profit Margin-5.88%
Debt/Equity Ratio80.7%

How did VREX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/27
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 here.

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 .

Analyst Sources

Varex Imaging Corporation is covered by 9 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.
Lawrence SolowCJS Securities, Inc.
Rajbir DenhoyJefferies LLC