StocksFundsScreenerSectorsWatchlists
VREX

VREX - Varex Imaging Corp Stock Price, Fair Value and News

17.63USD+0.33 (+1.91%)Market Closed

Market Summary

VREX
USD17.63+0.33
Market Closed
1.91%

VREX Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

VREX Stock Price

View Fullscreen

VREX RSI Chart

VREX Valuation

Market Cap

715.8M

Price/Earnings (Trailing)

16.05

Price/Sales (Trailing)

0.82

EV/EBITDA

13.65

Price/Free Cashflow

7.39

VREX Price/Sales (Trailing)

VREX Profitability

Operating Margin

34.39%

EBT Margin

2.88%

Return on Equity

7.84%

Return on Assets

3.59%

Free Cashflow Yield

13.52%

VREX Fundamentals

VREX Revenue

Revenue (TTM)

877.8M

Rev. Growth (Yr)

-7.59%

Rev. Growth (Qtr)

-16.45%

VREX Earnings

Earnings (TTM)

44.6M

Earnings Growth (Yr)

-116.13%

Earnings Growth (Qtr)

-101.57%

Breaking Down VREX Revenue

Last 7 days

-1.7%

Last 30 days

0.4%

Last 90 days

-15.6%

Trailing 12 Months

-1.1%

How does VREX drawdown profile look like?

VREX Financial Health

Current Ratio

4.3

Debt/Equity

0.78

Debt/Cashflow

0.28

VREX Investor Care

Shares Dilution (1Y)

1.25%

Diluted EPS (TTM)

0.99

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023879.7M897.4M893.4M877.8M
2022851.0M854.3M859.4M866.2M
2021721.8M761.8M818.1M839.8M
2020796.2M770.7M738.3M715.3M
2019777.5M783.0M780.6M795.0M
2018763.3M784.4M773.4M782.9M
2017635.7M654.4M698.0M716.9M
2016626.2M623.1M620.1M630.7M
201500632.3M629.3M

Tracking the Latest Insider Buys and Sells of Varex Imaging Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
honeysett kimberley e.
sold
-49,678
17.37
-2,860
svp and clo
Feb 15, 2024
jonaitis mark s.
sold (taxes)
-41,951
17.4
-2,411
svp and gm, x-ray sources
Feb 15, 2024
jonaitis mark s.
acquired
-
-
4,890
svp and gm, x-ray sources
Feb 15, 2024
honeysett kimberley e.
sold (taxes)
-43,639
17.4
-2,508
svp and clo
Feb 15, 2024
honeysett kimberley e.
acquired
-
-
5,086
svp and clo
Feb 15, 2024
sanyal sunny
sold (taxes)
-235,248
17.4
-13,520
president and ceo
Feb 15, 2024
sanyal sunny
acquired
-
-
30,223
president and ceo
Feb 15, 2024
hartmann andrew
acquired
-
-
5,135
svp and gm, detectors
Feb 15, 2024
hartmann andrew
sold (taxes)
-42,264
17.4
-2,429
svp and gm, detectors
Feb 11, 2024
tsingos christine a
acquired
-
-
6,881
-

1–10 of 50

Which funds bought or sold VREX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-22.63
-14,330
77,572
-%
Mar 11, 2024
VANGUARD GROUP INC
added
0.12
7,942,340
93,947,700
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
26.73
5,262,600
19,014,500
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.82
32,949
434,416
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
22,000
266,000
-%
Feb 20, 2024
Pacific Center for Financial Services
sold off
-100
-97,333
-
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
1.55
1,134
16,134
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
reduced
-69.39
-1,220,000
611,000
0.05%
Feb 15, 2024
BARCLAYS PLC
added
47.01
1,172,000
3,114,000
-%
Feb 15, 2024
Farther Finance Advisors, LLC
new
-
226
226
-%

1–10 of 42

Are Funds Buying or Selling VREX?

Are funds buying VREX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VREX
No. of Funds

Unveiling Varex Imaging Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
shapiro capital management llc
-
0
SC 13G
Feb 13, 2024
cooke & bieler lp
6.0%
2,432,583
SC 13G
Feb 13, 2024
vanguard group inc
11.31%
4,582,813
SC 13G/A
Feb 12, 2024
janus henderson group plc
1.1%
462,742
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.2%
2,519,686
SC 13G
Jan 23, 2024
state street corp
4.83%
1,956,381
SC 13G/A
Jan 19, 2024
blackrock inc.
19.0%
7,685,021
SC 13G/A
Jan 12, 2024
allspring global investments holdings, llc
7.49%
3,033,680
SC 13G/A
Feb 14, 2023
shapiro capital management llc
-
0
SC 13G
Feb 13, 2023
janus henderson group plc
5.1%
2,045,158
SC 13G

Recent SEC filings of Varex Imaging Corp

View All Filings
Date Filed Form Type Document
Mar 27, 2024
8-K
Current Report
Mar 19, 2024
4
Insider Trading
Mar 15, 2024
144
Notice of Insider Sale Intent
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 20, 2024
4
Insider Trading
Feb 16, 2024
S-8
Employee Benefits Plan
Feb 14, 2024
SC 13G
Major Ownership Report
Feb 13, 2024
3
Insider Trading

What is the Fair Value of VREX?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Varex Imaging Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
196.9B
40.1B
-3.02% 19.11%
34.4
4.91
-8.12% -17.45%
71.2B
19.5B
2.28% 4.53%
56.69
3.65
4.02% -22.04%
24.6B
3.9B
3.45% 0.50%
55.33
6.38
3.42% 23.09%
21.7B
14.8B
1.75% 11.60%
8.16
1.46
2.12% 209.17%
MID-CAP
10.2B
2.7B
2.92% -30.26%
-16.04
3.83
-4.68% 82.43%
9.7B
12.3B
-3.34% -3.19%
23.21
0.78
-2.44% -22.68%
9.5B
3.5B
2.97% 25.27%
33.57
2.74
4.97% 18.89%
6.9B
4.0B
-2.47% -11.08%
-51.36
1.74
1.10% 85.84%
3.5B
366.4M
0.74% 28.92%
-577.22
9.59
33.86% 89.80%
2.5B
6.6B
-3.84% 3.03%
12.86
0.38
2.78% -0.87%
SMALL-CAP
1.5B
3.2B
47.53% -25.51%
-2.23
0.47
7.73% -1066.14%
379.3M
166.7M
5.16% -2.53%
-4.59
2.28
6.67% -456.34%
227.2M
329.5M
-13.41% -54.45%
-16.09
0.69
0.49% 64.22%
43.3M
52.3M
-46.12% -38.06%
-2.31
0.83
17.61% 19.28%
4.5M
3.7M
2.40% 338.46%
-0.37
1.19
5.77% 8.23%

Varex Imaging Corp News

Latest updates
MarketBeat • 27 hours ago
Investing.com • 19 Mar 2024 • 09:54 pm
InvestorsObserver • 19 Mar 2024 • 06:40 pm
Yahoo Finance • 07 Feb 2024 • 08:00 am
Simply Wall St • 4 months ago

Varex Imaging Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-16.4%190227232228206231215215199226211204177170171197200202197196186
Gross Profit-26.8%57.0078.0076.0073.0063.0075.0073.0071.0065.0076.0074.0065.0057.0045.0026.0058.0061.0072.0061.0064.0060.00
Operating Expenses-1.5%53.0054.0052.0057.0050.0050.0050.0044.0051.0049.0048.0049.0051.0058.0053.0056.0057.0055.0056.0050.0050.00
  S&GA Expenses1.6%32.0032.0032.0034.0030.0030.0030.0025.0033.0031.0029.0031.0034.0041.0031.0035.0035.0036.0031.0030.0031.00
  R&D Expenses-6.0%21.0022.0020.0023.0020.0020.0020.0019.0018.0018.0019.0018.0017.0017.0019.0021.0022.0020.0021.0019.0019.00
EBITDA Margin-5.5%0.08*0.09*0.11*0.11*0.12*0.12*0.12*0.13*0.12*0.11*0.05*0.04*---------
Interest Expenses1.4%7.007.007.007.008.009.009.0011.0010.0011.0011.0010.0010.0015.007.005.005.005.005.006.005.00
Income Taxes99.4%-0.20-31.008.004.002.001.005.006.002.006.003.00-2.00-4.30-11.601.00-2.001.002.001.00
Earnings Before Taxes-160.0%-0.601.0017.008.005.0014.0014.0014.003.0015.0015.003.00-4.70--39.80-1.10-1.2010.00-0.608.004.00
EBT Margin-17.7%0.03*0.04*0.05*0.05*0.05*0.05*0.05*0.06*0.04*0.03*-0.04*-0.04*---------
Net Income-101.6%-0.5032.009.004.003.0013.008.008.001.009.0012.003.00-6.40-26.40-28.30-1.90-1.308.00-1.406.003.00
Net Income Margin-5.8%0.05*0.05*0.03*0.03*0.04*0.04*0.03*0.03*0.03*0.02*-0.02*-0.08*---------
Free Cashflow-100.2%-0.1042.0034.0022.00-9.207.00-6.70-11.707.0048.0017.009.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.6%1,2421,2501,2121,1911,1811,1841,1631,1431,1391,1481,1611,1331,1371,1401,1221,0821,0681,0391,0449661,001
  Current Assets-1.9%646658639618607610593569558554560530523522499454440438441437466
    Cash Equivalents-7.4%14115311910482.0089.0010011515814512811110610287.0024.0030.0031.0029.0031.0055.00
  Inventory4.4%290278298311320303300269248225243248270272283282269248263261257
  Net PPE----------------146-142139137138
  Goodwill0.7%290289289289288285287290291292294293295293291291291291290244244
Liabilities-1.4%659669667658656638635628633651676664673674641617607580595520561
  Current Liabilities-7.8%150163159157157173172167150167186146153161192198191175171156166
  Long Term Debt0.1%441441441441441412410408434432430458458453390353351364379317348
    LT Debt, Current6.7%2.002.002.002.002.002.003.003.003.003.0033.003.003.003.0028.0030.0030.0031.0030.0029.0028.00
    LT Debt, Non Current0.1%441441441441441412410408434432430458458453390353351364379317348
Shareholder's Equity0.2%569568532533525547528514506497485469464466470454451448438435429
  Retained Earnings-0.5%11811887.0077.0073.0064.0051.0043.0035.0034.0025.0013.0010.0016.0043.0071.0073.0074.0066.0068.0061.00
  Additional Paid-In Capital0.6%453450445442438469465460458449446441439434427380378372368363362
Shares Outstanding0.2%41.0041.0040.0040.0040.0040.0040.0040.0040.0039.0039.0039.00---------
Minority Interest6.0%14.0013.0013.0013.0013.0013.0013.0013.0013.0013.0013.0014.0014.0014.003.003.003.003.003.002.002.00
Float----729---610---585---598---1,160-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-78.1%10,30047,10037,70027,300-3,70017,100-2,700-8,30010,80050,60022,10012,8007,100-11,8001,10090023,00022,90016,10012,90020,000
  Share Based Compensation8.8%3,7003,4003,6003,2003,3003,3003,4003,9003,4003,3003,4003,6003,6003,2003,7003,3003,2003,0003,1003,0002,600
Cashflow From Investing-36.3%-19,900-14,600-22,800-3,800-3,700-27,500-14,300-4,000-2,600-3,300-4,500-4,000-4,400-3,700-5,900-6,700-10,600-6,800-78,800-4,200-3,400
Cashflow From Financing-221.4%-1,7001,400-700-500-4002001,400-30,4005,000-31,000-300-3,2002,20026,90068,800-100-12,000-14,80060,300-32,500-13,100

VREX Income Statement

2023-12-29
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 29, 2023
Dec. 30, 2022
Income Statement [Abstract]  
Revenues, net$ 190.0$ 205.6
Cost of revenues132.9142.3
Gross profit57.163.3
Operating expenses:  
Research and development20.520.0
Selling, general, and administrative32.430.3
Total operating expenses52.950.3
Operating income4.213.0
Interest income1.90.5
Interest expense(7.3)(7.5)
Other income (expense), net0.6(0.6)
Interest and other expense, net(4.8)(7.6)
(Loss) income before taxes(0.6)5.4
Income tax (benefit) expense(0.2)2.2
Net (loss) income(0.4)3.2
Less: Net income attributable to noncontrolling interests0.10.1
Net (loss) income attributable to Varex$ (0.5)$ 3.1
Net (loss) income per common share attributable to Varex  
Basic (in USD per share)$ (0.01)$ 0.08
Diluted (in USD per share)$ (0.01)$ 0.08
Weighted average common shares outstanding  
Basic (in shares)40.640.1
Diluted (in shares)40.640.6

VREX Balance Sheet

2023-12-29
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Dec. 29, 2023
Sep. 29, 2023
Current assets:  
Cash and cash equivalents$ 141.3$ 152.6
Accounts receivable, net of allowance for credit losses of $0.6 million and $0.6 million at December 29, 2023 and September 29, 2023, respectively139.6163.6
Inventories289.7277.5
Prepaid expenses and other current assets75.164.6
Total current assets645.7658.3
Property, plant, and equipment, net148.3143.6
Goodwill290.4288.5
Intangible assets, net22.122.4
Investments in privately-held companies28.329.0
Deferred tax assets42.041.3
Operating lease assets28.429.0
Other assets37.137.5
Total assets1,242.31,249.6
Current liabilities:  
Accounts payable73.764.7
Accrued liabilities and other current liabilities61.682.6
Current operating lease liabilities3.83.8
Current maturities of long-term debt1.61.5
Deferred revenues9.410.2
Total current liabilities150.1162.8
Long-term debt, net441.4441.1
Operating lease liabilities22.923.1
Other long-term liabilities44.941.6
Total liabilities659.3668.6
Stockholders' equity:  
Preferred stock, $.01 par value: 20,000,000 shares authorized, none issued0.00.0
Common stock, $.01 par value: 150,000,000 shares authorized Shares issued and outstanding: 40,618,590 and 40,529,573 at December 29, 2023 and September 29, 2023, respectively0.40.4
Additional paid-in capital453.2450.4
Accumulated other comprehensive loss(2.2)(1.2)
Retained earnings117.5118.1
Total Varex stockholders' equity568.9567.7
Noncontrolling interests14.113.3
Total stockholders' equity583.0581.0
Total liabilities and stockholders' equity$ 1,242.3$ 1,249.6
VREX
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, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys. This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, oncology, CT, cardiac, surgery, dental, computer-aided detection, and other diagnostic radiography uses. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, and high voltage connectors for use in security and inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive testing and examination in various applications. The company sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. It has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was incorporated in 2016 and is headquartered in Salt Lake City, Utah.
 CEO
 WEBSITEwww.vareximaging.com
 EMPLOYEES2300

Varex Imaging Corp Frequently Asked Questions


What is the ticker symbol for Varex Imaging Corp? What does VREX stand for in stocks?

VREX is the stock ticker symbol of Varex Imaging Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Varex Imaging Corp (VREX)?

As of Wed Mar 27 2024, market cap of Varex Imaging Corp is 715.78 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VREX stock?

You can check VREX's fair value in chart for subscribers.

What is the fair value of VREX stock?

You can check VREX's fair value in chart for subscribers. The fair value of Varex Imaging Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Varex Imaging Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VREX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Varex Imaging Corp a good stock to buy?

The fair value guage provides a quick view whether VREX is over valued or under valued. Whether Varex Imaging Corp is cheap or expensive depends on the assumptions which impact Varex Imaging Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VREX.

What is Varex Imaging Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, VREX's PE ratio (Price to Earnings) is 16.05 and Price to Sales (PS) ratio is 0.82. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VREX PE ratio will change depending on the future growth rate expectations of investors.