Varex Imaging (NASDAQ:VREX) Receives Average Rating of “Moderate Buy” from Analysts

Varex Imaging (NASDAQ:VREX) has been given a consensus recommendation of “Moderate Buy” by the five research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $16.1667.

A number of equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Varex Imaging from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Zacks Research raised Varex Imaging from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Varex Imaging in a report on Wednesday, June 24th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. bought a new stake in shares of Varex Imaging in the fourth quarter valued at about $27,000. Quarry LP bought a new position in Varex Imaging during the third quarter worth about $64,000. Aquatic Capital Management LLC bought a new position in Varex Imaging during the third quarter worth about $117,000. M&T Bank Corp acquired a new stake in Varex Imaging in the 4th quarter worth about $128,000. Finally, Inceptionr LLC acquired a new stake in Varex Imaging in the 3rd quarter worth about $152,000.

Varex Imaging Price Performance

NASDAQ:VREX opened at $10.72 on Friday. Varex Imaging has a one year low of $6.76 and a one year high of $14.56. The company has a market cap of $451.31 million, a P/E ratio of -5.36 and a beta of 0.90. The firm’s fifty day moving average price is $10.42 and its two-hundred day moving average price is $11.64. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.20 and a quick ratio of 1.43.

Varex Imaging (NASDAQ:VREX) last posted its earnings results on Thursday, May 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The company had revenue of $216.00 million for the quarter, compared to analyst estimates of $216.92 million. Varex Imaging had a positive return on equity of 8.19% and a negative net margin of 9.64%.Varex Imaging has set its Q3 2026 guidance at 0.150-0.300 EPS. Equities analysts expect that Varex Imaging will post 0.93 earnings per share for the current year.

About Varex Imaging

Varex Imaging Corporation is a global provider of X-ray imaging components and solutions for the medical, security and industrial markets. The company designs, develops and manufactures a broad range of products that convert X-ray energy into high-resolution digital images. Its portfolio includes X-ray tubes, flat panel detectors, digital sensors, specialty radiographic tubes and related software, all engineered to meet the demanding requirements of original equipment manufacturers (OEMs) in diagnostic imaging, computed tomography (CT), fluoroscopy, mammography, dental radiography and non-destructive testing applications.

The company’s medical imaging offerings support a wide spectrum of clinical modalities, from portable radiography systems to advanced CT scanners, enhancing image quality and dose efficiency for healthcare providers.