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

Shares of Varex Imaging (NASDAQ:VREX) have been given an average recommendation of “Moderate Buy” by the five brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $16.1667.

A number of research analysts have weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Varex Imaging in a research note on Friday, March 27th. B. Riley Financial reaffirmed a “buy” rating on shares of Varex Imaging in a research note on Thursday, February 12th. Zacks Research raised shares of Varex Imaging from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 13th. Finally, Wall Street Zen lowered shares of Varex Imaging from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th.

Insider Transactions at Varex Imaging

In other Varex Imaging news, Director Jay K. Kunkel sold 4,510 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $11.14, for a total transaction of $50,241.40. Following the sale, the director directly owned 23,450 shares of the company’s stock, valued at approximately $261,233. This represents a 16.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 4.60% of the company’s stock.

Hedge Funds Weigh In On Varex Imaging

Institutional investors and hedge funds have recently modified their holdings of the stock. Rockefeller Capital Management L.P. acquired a new position in shares of Varex Imaging in the fourth quarter valued at $27,000. Quarry LP acquired a new position in shares of Varex Imaging in the third quarter valued at $64,000. Aquatic Capital Management LLC acquired a new position in shares of Varex Imaging in the third quarter valued at $117,000. Legato Capital Management LLC acquired a new position in shares of Varex Imaging in the third quarter valued at $125,000. Finally, M&T Bank Corp acquired a new position in shares of Varex Imaging in the fourth quarter valued at $128,000.

Varex Imaging Trading Up 2.1%

VREX opened at $10.15 on Thursday. The company has a current ratio of 3.20, a quick ratio of 1.43 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $427.32 million, a PE ratio of -5.08 and a beta of 0.91. Varex Imaging has a 1-year low of $6.76 and a 1-year high of $14.56. The firm has a 50-day moving average price of $10.84 and a two-hundred day moving average price of $11.91.

Varex Imaging (NASDAQ:VREX) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). The business 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. As a group, equities analysts anticipate that Varex Imaging will post 0.93 earnings per share for the current fiscal 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.