VREX RSI Chart
Last 7 days
-1.7%
Last 30 days
0.4%
Last 90 days
-15.6%
Trailing 12 Months
-1.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 879.7M | 897.4M | 893.4M | 877.8M |
2022 | 851.0M | 854.3M | 859.4M | 866.2M |
2021 | 721.8M | 761.8M | 818.1M | 839.8M |
2020 | 796.2M | 770.7M | 738.3M | 715.3M |
2019 | 777.5M | 783.0M | 780.6M | 795.0M |
2018 | 763.3M | 784.4M | 773.4M | 782.9M |
2017 | 635.7M | 654.4M | 698.0M | 716.9M |
2016 | 626.2M | 623.1M | 620.1M | 630.7M |
2015 | 0 | 0 | 632.3M | 629.3M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Which funds bought or sold VREX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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 | -% |
Unveiling Varex Imaging Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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>
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.
Peers (Alternatives to Varex Imaging Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ABT | 196.9B | 40.1B | 34.4 | 4.91 | ||||
BDX | 71.2B | 19.5B | 56.69 | 3.65 | ||||
ALGN | 24.6B | 3.9B | 55.33 | 6.38 | ||||
BAX | 21.7B | 14.8B | 8.16 | 1.46 | ||||
MID-CAP | ||||||||
BIO | 10.2B | 2.7B | -16.04 | 3.83 | ||||
HSIC | 9.7B | 12.3B | 23.21 | 0.78 | ||||
ATR | 9.5B | 3.5B | 33.57 | 2.74 | ||||
XRAY | 6.9B | 4.0B | -51.36 | 1.74 | ||||
AXNX | 3.5B | 366.4M | -577.22 | 9.59 | ||||
PDCO | 2.5B | 6.6B | 12.86 | 0.38 | ||||
SMALL-CAP | ||||||||
AHCO | 1.5B | 3.2B | -2.23 | 0.47 | ||||
ANIK | 379.3M | 166.7M | -4.59 | 2.28 | ||||
ANGO | 227.2M | 329.5M | -16.09 | 0.69 | ||||
APYX | 43.3M | 52.3M | -2.31 | 0.83 | ||||
AEMD | 4.5M | 3.7M | -0.37 | 1.19 |
Varex Imaging Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -16.4% | 190 | 227 | 232 | 228 | 206 | 231 | 215 | 215 | 199 | 226 | 211 | 204 | 177 | 170 | 171 | 197 | 200 | 202 | 197 | 196 | 186 |
Gross Profit | -26.8% | 57.00 | 78.00 | 76.00 | 73.00 | 63.00 | 75.00 | 73.00 | 71.00 | 65.00 | 76.00 | 74.00 | 65.00 | 57.00 | 45.00 | 26.00 | 58.00 | 61.00 | 72.00 | 61.00 | 64.00 | 60.00 |
Operating Expenses | -1.5% | 53.00 | 54.00 | 52.00 | 57.00 | 50.00 | 50.00 | 50.00 | 44.00 | 51.00 | 49.00 | 48.00 | 49.00 | 51.00 | 58.00 | 53.00 | 56.00 | 57.00 | 55.00 | 56.00 | 50.00 | 50.00 |
S&GA Expenses | 1.6% | 32.00 | 32.00 | 32.00 | 34.00 | 30.00 | 30.00 | 30.00 | 25.00 | 33.00 | 31.00 | 29.00 | 31.00 | 34.00 | 41.00 | 31.00 | 35.00 | 35.00 | 36.00 | 31.00 | 30.00 | 31.00 |
R&D Expenses | -6.0% | 21.00 | 22.00 | 20.00 | 23.00 | 20.00 | 20.00 | 20.00 | 19.00 | 18.00 | 18.00 | 19.00 | 18.00 | 17.00 | 17.00 | 19.00 | 21.00 | 22.00 | 20.00 | 21.00 | 19.00 | 19.00 |
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 Expenses | 1.4% | 7.00 | 7.00 | 7.00 | 7.00 | 8.00 | 9.00 | 9.00 | 11.00 | 10.00 | 11.00 | 11.00 | 10.00 | 10.00 | 15.00 | 7.00 | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 | 5.00 |
Income Taxes | 99.4% | -0.20 | -31.00 | 8.00 | 4.00 | 2.00 | 1.00 | 5.00 | 6.00 | 2.00 | 6.00 | 3.00 | - | 2.00 | -4.30 | -11.60 | 1.00 | - | 2.00 | 1.00 | 2.00 | 1.00 |
Earnings Before Taxes | -160.0% | -0.60 | 1.00 | 17.00 | 8.00 | 5.00 | 14.00 | 14.00 | 14.00 | 3.00 | 15.00 | 15.00 | 3.00 | -4.70 | - | -39.80 | -1.10 | -1.20 | 10.00 | -0.60 | 8.00 | 4.00 |
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% | -0.50 | 32.00 | 9.00 | 4.00 | 3.00 | 13.00 | 8.00 | 8.00 | 1.00 | 9.00 | 12.00 | 3.00 | -6.40 | -26.40 | -28.30 | -1.90 | -1.30 | 8.00 | -1.40 | 6.00 | 3.00 |
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% | -0.10 | 42.00 | 34.00 | 22.00 | -9.20 | 7.00 | -6.70 | -11.70 | 7.00 | 48.00 | 17.00 | 9.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -0.6% | 1,242 | 1,250 | 1,212 | 1,191 | 1,181 | 1,184 | 1,163 | 1,143 | 1,139 | 1,148 | 1,161 | 1,133 | 1,137 | 1,140 | 1,122 | 1,082 | 1,068 | 1,039 | 1,044 | 966 | 1,001 |
Current Assets | -1.9% | 646 | 658 | 639 | 618 | 607 | 610 | 593 | 569 | 558 | 554 | 560 | 530 | 523 | 522 | 499 | 454 | 440 | 438 | 441 | 437 | 466 |
Cash Equivalents | -7.4% | 141 | 153 | 119 | 104 | 82.00 | 89.00 | 100 | 115 | 158 | 145 | 128 | 111 | 106 | 102 | 87.00 | 24.00 | 30.00 | 31.00 | 29.00 | 31.00 | 55.00 |
Inventory | 4.4% | 290 | 278 | 298 | 311 | 320 | 303 | 300 | 269 | 248 | 225 | 243 | 248 | 270 | 272 | 283 | 282 | 269 | 248 | 263 | 261 | 257 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 146 | - | 142 | 139 | 137 | 138 |
Goodwill | 0.7% | 290 | 289 | 289 | 289 | 288 | 285 | 287 | 290 | 291 | 292 | 294 | 293 | 295 | 293 | 291 | 291 | 291 | 291 | 290 | 244 | 244 |
Liabilities | -1.4% | 659 | 669 | 667 | 658 | 656 | 638 | 635 | 628 | 633 | 651 | 676 | 664 | 673 | 674 | 641 | 617 | 607 | 580 | 595 | 520 | 561 |
Current Liabilities | -7.8% | 150 | 163 | 159 | 157 | 157 | 173 | 172 | 167 | 150 | 167 | 186 | 146 | 153 | 161 | 192 | 198 | 191 | 175 | 171 | 156 | 166 |
Long Term Debt | 0.1% | 441 | 441 | 441 | 441 | 441 | 412 | 410 | 408 | 434 | 432 | 430 | 458 | 458 | 453 | 390 | 353 | 351 | 364 | 379 | 317 | 348 |
LT Debt, Current | 6.7% | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 3.00 | 3.00 | 33.00 | 3.00 | 3.00 | 3.00 | 28.00 | 30.00 | 30.00 | 31.00 | 30.00 | 29.00 | 28.00 |
LT Debt, Non Current | 0.1% | 441 | 441 | 441 | 441 | 441 | 412 | 410 | 408 | 434 | 432 | 430 | 458 | 458 | 453 | 390 | 353 | 351 | 364 | 379 | 317 | 348 |
Shareholder's Equity | 0.2% | 569 | 568 | 532 | 533 | 525 | 547 | 528 | 514 | 506 | 497 | 485 | 469 | 464 | 466 | 470 | 454 | 451 | 448 | 438 | 435 | 429 |
Retained Earnings | -0.5% | 118 | 118 | 87.00 | 77.00 | 73.00 | 64.00 | 51.00 | 43.00 | 35.00 | 34.00 | 25.00 | 13.00 | 10.00 | 16.00 | 43.00 | 71.00 | 73.00 | 74.00 | 66.00 | 68.00 | 61.00 |
Additional Paid-In Capital | 0.6% | 453 | 450 | 445 | 442 | 438 | 469 | 465 | 460 | 458 | 449 | 446 | 441 | 439 | 434 | 427 | 380 | 378 | 372 | 368 | 363 | 362 |
Shares Outstanding | 0.2% | 41.00 | 41.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 39.00 | 39.00 | 39.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 6.0% | 14.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 14.00 | 14.00 | 14.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 |
Float | - | - | - | - | 729 | - | - | - | 610 | - | - | - | 585 | - | - | - | 598 | - | - | - | 1,160 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -78.1% | 10,300 | 47,100 | 37,700 | 27,300 | -3,700 | 17,100 | -2,700 | -8,300 | 10,800 | 50,600 | 22,100 | 12,800 | 7,100 | -11,800 | 1,100 | 900 | 23,000 | 22,900 | 16,100 | 12,900 | 20,000 |
Share Based Compensation | 8.8% | 3,700 | 3,400 | 3,600 | 3,200 | 3,300 | 3,300 | 3,400 | 3,900 | 3,400 | 3,300 | 3,400 | 3,600 | 3,600 | 3,200 | 3,700 | 3,300 | 3,200 | 3,000 | 3,100 | 3,000 | 2,600 |
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% | -1,700 | 1,400 | -700 | -500 | -400 | 200 | 1,400 | -30,400 | 5,000 | -31,000 | -300 | -3,200 | 2,200 | 26,900 | 68,800 | -100 | -12,000 | -14,800 | 60,300 | -32,500 | -13,100 |
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 revenues | 132.9 | 142.3 |
Gross profit | 57.1 | 63.3 |
Operating expenses: | ||
Research and development | 20.5 | 20.0 |
Selling, general, and administrative | 32.4 | 30.3 |
Total operating expenses | 52.9 | 50.3 |
Operating income | 4.2 | 13.0 |
Interest income | 1.9 | 0.5 |
Interest expense | (7.3) | (7.5) |
Other income (expense), net | 0.6 | (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 interests | 0.1 | 0.1 |
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) | 40.6 | 40.1 |
Diluted (in shares) | 40.6 | 40.6 |
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, respectively | 139.6 | 163.6 |
Inventories | 289.7 | 277.5 |
Prepaid expenses and other current assets | 75.1 | 64.6 |
Total current assets | 645.7 | 658.3 |
Property, plant, and equipment, net | 148.3 | 143.6 |
Goodwill | 290.4 | 288.5 |
Intangible assets, net | 22.1 | 22.4 |
Investments in privately-held companies | 28.3 | 29.0 |
Deferred tax assets | 42.0 | 41.3 |
Operating lease assets | 28.4 | 29.0 |
Other assets | 37.1 | 37.5 |
Total assets | 1,242.3 | 1,249.6 |
Current liabilities: | ||
Accounts payable | 73.7 | 64.7 |
Accrued liabilities and other current liabilities | 61.6 | 82.6 |
Current operating lease liabilities | 3.8 | 3.8 |
Current maturities of long-term debt | 1.6 | 1.5 |
Deferred revenues | 9.4 | 10.2 |
Total current liabilities | 150.1 | 162.8 |
Long-term debt, net | 441.4 | 441.1 |
Operating lease liabilities | 22.9 | 23.1 |
Other long-term liabilities | 44.9 | 41.6 |
Total liabilities | 659.3 | 668.6 |
Stockholders' equity: | ||
Preferred stock, $.01 par value: 20,000,000 shares authorized, none issued | 0.0 | 0.0 |
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, respectively | 0.4 | 0.4 |
Additional paid-in capital | 453.2 | 450.4 |
Accumulated other comprehensive loss | (2.2) | (1.2) |
Retained earnings | 117.5 | 118.1 |
Total Varex stockholders' equity | 568.9 | 567.7 |
Noncontrolling interests | 14.1 | 13.3 |
Total stockholders' equity | 583.0 | 581.0 |
Total liabilities and stockholders' equity | $ 1,242.3 | $ 1,249.6 |
 | Mr. Sunny S. Sanyal |
---|---|
 | www.vareximaging.com |
 | 2300 |