Varex Imaging Stock Target Price and Analyst Consensus

VREX Stock  USD 16.68  0.15  0.91%   
The current analyst and expert consensus on Varex Imaging is Strong Buy, with 3 strong buy opinions. The current projected Varex Imaging target price consensus is 36.25 with 5 analyst opinions. Check out Macroaxis Advice on Varex Imaging to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Varex Imaging Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Varex Imaging executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Varex Imaging. We strongly encourage you to use your own analysis of Varex Imaging Corp to validate this buy or sell advice. Varex Imaging buy-or-sell recommendation module provides average expert sentiment on the projected Varex Imaging Corp target price to derive its highest and lowest estimates based on projected price volatility of 3.3297.
Lowest Forecast
32.99
Highest Forecast
40.24
Target Price
36.25
Gross Profit is likely to rise to about 284.4 M in 2024. Pretax Profit Margin is likely to rise to 0.05 in 2024. At this time, Varex Imaging's Short Term Debt is fairly stable compared to the past year. Short and Long Term Debt Total is likely to rise to about 493.5 M in 2024, whereas Total Assets are likely to drop slightly above 1.1 B in 2024.
  
It's important to approach Varex Imaging's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Varex Imaging price targets

Varex Imaging's stock target price is an estimate of its future price, usually made by analysts. Using Varex Imaging's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Varex Imaging's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Varex Imaging's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Varex Imaging Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Varex Imaging is a key component of Varex Imaging valuation and have some predictive power on the future returns of a Varex Imaging.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Varex Imaging's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
13.2916.6219.95
Details
Intrinsic
Valuation
LowRealHigh
15.0122.0725.40
Details
Naive
Forecast
LowNextHigh
14.1817.5120.84
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.020.040.05
Details

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Business Services Idea
Business Services
Invested few shares
Social Domain Idea
Social Domain
Invested few shares
Momentum Idea
Momentum
Invested few shares
Macroaxis Picks Idea
Macroaxis Picks
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 50 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
Power Assets Idea
Power Assets
Invested over 200 shares
ESG Investing Idea
ESG Investing
Invested few shares
Blockchain Idea
Blockchain
Invested few shares

Additional Tools for Varex Stock Analysis

When running Varex Imaging's price analysis, check to measure Varex Imaging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Varex Imaging is operating at the current time. Most of Varex Imaging's value examination focuses on studying past and present price action to predict the probability of Varex Imaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Varex Imaging's price. Additionally, you may evaluate how the addition of Varex Imaging to your portfolios can decrease your overall portfolio volatility.