Is Varex Imaging Stock a Good Investment?
Varex Imaging Investment Advice | VREX |
- Examine Varex Imaging's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Varex Imaging's leadership team and their track record. Good management can help Varex Imaging navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Varex Imaging's business and its evolving consumer preferences.
- Compare Varex Imaging's performance and market position to its competitors. Analyze how Varex Imaging is positioned in terms of product offerings, innovation, and market share.
- Check if Varex Imaging pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Varex Imaging's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Varex Imaging Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Varex Imaging Corp is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Varex Imaging Stock
Researching Varex Imaging's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.0. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Varex Imaging Corp recorded a loss per share of 1.17. The entity had not issued any dividends in recent years.
To determine if Varex Imaging is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Varex Imaging's research are outlined below:
| Varex Imaging Corp generated a negative expected return over the last 90 days | |
| Varex Imaging Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 811 M. Net Loss for the year was (47.2 M) with profit before overhead, payroll, taxes, and interest of 268.3 M. | |
| Varex Imaging Corp has a strong financial position based on the latest SEC filings | |
| Over 97.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from news.google.com: Trading Advice - Stock Traders Daily |
Varex Imaging Quarterly Cost Of Revenue |
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Varex Imaging uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Varex Imaging Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Varex Imaging's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Varex Imaging's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Varex Imaging's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-12 | 2024-09-30 | 0.22 | 0.19 | -0.03 | 13 | ||
2022-02-08 | 2021-12-31 | 0.28 | 0.25 | -0.03 | 10 | ||
2025-02-04 | 2024-12-31 | 0.0367 | 0.07 | 0.0333 | 90 | ||
2019-02-05 | 2018-12-31 | 0.22 | 0.26 | 0.04 | 18 | ||
2024-08-01 | 2024-06-30 | 0.19 | 0.14 | -0.05 | 26 | ||
2024-05-02 | 2024-03-31 | 0.21 | 0.16 | -0.05 | 23 | ||
2024-02-06 | 2023-12-31 | 0.11 | 0.06 | -0.05 | 45 | ||
2023-08-01 | 2023-06-30 | 0.32 | 0.37 | 0.05 | 15 |
Varex Imaging Target Price Consensus
Varex target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Varex Imaging's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 5 | Strong Buy |
Most Varex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Varex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Varex Imaging Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationVarex Imaging Target Price Projection
Varex Imaging's current and average target prices are 13.09 and 22.20, respectively. The current price of Varex Imaging is the price at which Varex Imaging Corp is currently trading. On the other hand, Varex Imaging's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Varex Imaging Market Quote on 26th of February 2025
Target Price
Analyst Consensus On Varex Imaging Target Price
Varex Imaging Analyst Ratings
Varex Imaging's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Varex Imaging stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Varex Imaging's financials, market performance, and future outlook by experienced professionals. Varex Imaging's historical ratings below, therefore, can serve as a valuable tool for investors.Know Varex Imaging's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Varex Imaging is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Varex Imaging Corp backward and forwards among themselves. Varex Imaging's institutional investor refers to the entity that pools money to purchase Varex Imaging's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Neuberger Berman Group Llc | 2024-12-31 | 1.2 M | Geode Capital Management, Llc | 2024-12-31 | 930.6 K | Royce & Associates, Lp | 2024-12-31 | 746.8 K | Millennium Management Llc | 2024-12-31 | 688 K | Boston Partners Global Investors, Inc | 2024-12-31 | 597.8 K | Citigroup Inc | 2024-12-31 | 582.1 K | Aqr Capital Management Llc | 2024-12-31 | 570.9 K | Acadian Asset Management Llc | 2024-12-31 | 471.6 K | Northern Trust Corp | 2024-12-31 | 444.7 K | Blackrock Inc | 2024-12-31 | 4 M | Pzena Investment Management, Llc | 2024-12-31 | 3.8 M |
Varex Imaging's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 539.71 M.Market Cap |
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Varex Imaging's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.07 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.03 | 0.02 | |
| Return On Equity | 0.06 | 0.08 |
Determining Varex Imaging's profitability involves analyzing its financial statements and using various financial metrics to determine if Varex Imaging is a good buy. For example, gross profit margin measures Varex Imaging's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Varex Imaging's profitability and make more informed investment decisions.
Varex Imaging's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Varex Imaging's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Varex Imaging Corp. Check Varex Imaging's Beneish M Score to see the likelihood of Varex Imaging's management manipulating its earnings.
Evaluate Varex Imaging's management efficiency
Varex Imaging Corp has return on total asset (ROA) of 0.019 % which means that it generated a profit of $0.019 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0825) %, meaning that it created substantial loss on money invested by shareholders. Varex Imaging's management efficiency ratios could be used to measure how well Varex Imaging manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Varex Imaging's Return On Tangible Assets are fairly stable compared to the past year. Return On Equity is likely to rise to 0.08 in 2025, whereas Return On Capital Employed is likely to drop 0.05 in 2025. At this time, Varex Imaging's Non Currrent Assets Other are fairly stable compared to the past year. Return On Tangible Assets is likely to rise to 0.07 in 2025, whereas Total Assets are likely to drop slightly above 1.1 B in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 13.74 | 9.94 | |
| Tangible Book Value Per Share | 5.74 | 6.22 | |
| Enterprise Value Over EBITDA | 9.61 | 10.10 | |
| Price Book Value Ratio | 1.58 | 2.28 | |
| Enterprise Value Multiple | 9.61 | 10.10 | |
| Price Fair Value | 1.58 | 2.28 | |
| Enterprise Value | 1.5 B | 1.3 B |
Varex Imaging Corp benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Beta 0.619 |
Basic technical analysis of Varex Stock
As of the 26th of February, Varex Imaging has the Variance of 12.1, coefficient of variation of (6,788), and insignificant Risk Adjusted Performance. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Varex Imaging Corp, as well as the relationship between them.Varex Imaging's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Varex Imaging insiders, such as employees or executives, is commonly permitted as long as it does not rely on Varex Imaging's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Varex Imaging insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Varex Imaging's Outstanding Corporate Bonds
Varex Imaging issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Varex Imaging Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Varex bonds can be classified according to their maturity, which is the date when Varex Imaging Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| VARNO 75 15 JAN 28 Corp BondUS92212WAD20 | View | |
| VARNO 8 15 NOV 32 Corp BondUS92212WAE03 | View | |
| VAREX IMAGING P Corp BondUS92214XAC02 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Varex Imaging's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Varex Imaging's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 2.15 | |||
| Coefficient Of Variation | (6,788) | |||
| Standard Deviation | 3.48 | |||
| Variance | 12.1 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 26.35 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 5.62 | |||
| Skewness | (2.37) | |||
| Kurtosis | 13.72 |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 2.15 | |||
| Coefficient Of Variation | (6,788) | |||
| Standard Deviation | 3.48 | |||
| Variance | 12.1 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 26.35 | |||
| Value At Risk | (4.15) | |||
| Potential Upside | 5.62 | |||
| Skewness | (2.37) | |||
| Kurtosis | 13.72 |
Consider Varex Imaging's intraday indicators
Varex Imaging intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Varex Imaging stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Varex Imaging Corporate Filings
F4 | 19th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 14th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 12th of February 2025 Other Reports | ViewVerify | |
8K | 6th of January 2025 An amendment to a previously filed Form 8-K | ViewVerify |
Varex Stock media impact
Far too much social signal, news, headlines, and media speculation about Varex Imaging that are available to investors today. That information is available publicly through Varex media outlets and privately through word of mouth or via Varex internal channels. However, regardless of the origin, that massive amount of Varex data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Varex Imaging news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Varex Imaging relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Varex Imaging's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Varex Imaging alpha.
Varex Imaging Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Varex Imaging can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Varex Imaging Maximum Pain Price Across May 16th 2025 Option Contracts
Varex Imaging's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Varex Imaging close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Varex Imaging's options.
Varex Imaging Corporate Management
| Kimberley JD | General Officer | Profile | |
| Shubham Maheshwari | CFO Officer | Profile | |
| Chad Holman | Chief VP | Profile | |
| David Carmona | Vice Marketing | Profile | |
| Christopher Belfiore | Director Relations | Profile |
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.