Varex Imaging $VREX Shares Purchased by Rice Hall James & Associates LLC

Rice Hall James & Associates LLC boosted its holdings in shares of Varex Imaging (NASDAQ:VREX) by 20.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 909,261 shares of the company’s stock after purchasing an additional 156,289 shares during the quarter. Rice Hall James & Associates LLC’s holdings in Varex Imaging were worth $11,275,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. American Century Companies Inc. boosted its holdings in shares of Varex Imaging by 231.4% in the 1st quarter. American Century Companies Inc. now owns 220,061 shares of the company’s stock valued at $2,553,000 after acquiring an additional 153,659 shares during the last quarter. Dynamic Technology Lab Private Ltd lifted its position in Varex Imaging by 260.6% during the first quarter. Dynamic Technology Lab Private Ltd now owns 48,628 shares of the company’s stock valued at $564,000 after purchasing an additional 35,144 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Varex Imaging by 166.4% in the third quarter. Assenagon Asset Management S.A. now owns 296,128 shares of the company’s stock valued at $3,672,000 after purchasing an additional 184,959 shares during the last quarter. JB Capital Partners LP grew its position in Varex Imaging by 168.2% during the 2nd quarter. JB Capital Partners LP now owns 295,000 shares of the company’s stock worth $2,558,000 after purchasing an additional 185,000 shares during the period. Finally, Acadian Asset Management LLC raised its stake in shares of Varex Imaging by 131.0% during the 2nd quarter. Acadian Asset Management LLC now owns 252,552 shares of the company’s stock valued at $2,184,000 after buying an additional 143,231 shares during the last quarter.

Varex Imaging Stock Performance

NASDAQ:VREX opened at $11.83 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.83 and a current ratio of 3.43. The stock has a market capitalization of $493.31 million, a PE ratio of -6.96 and a beta of 0.86. Varex Imaging has a fifty-two week low of $6.76 and a fifty-two week high of $15.46. The company has a fifty day moving average of $11.74 and a two-hundred day moving average of $10.53.

Varex Imaging (NASDAQ:VREX) last released its earnings results on Tuesday, November 18th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.19. Varex Imaging had a negative net margin of 8.32% and a positive return on equity of 7.19%. The business had revenue of $228.90 million during the quarter, compared to analysts’ expectations of $219.26 million. Varex Imaging has set its Q1 2026 guidance at 0.050-0.250 EPS. As a group, research analysts forecast that Varex Imaging will post 0.53 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on VREX. B. Riley restated a “buy” rating and issued a $16.00 target price on shares of Varex Imaging in a research note on Wednesday, November 19th. Oppenheimer cut their target price on shares of Varex Imaging from $23.00 to $18.00 and set an “outperform” rating for the company in a report on Wednesday, November 19th. Weiss Ratings reissued a “sell (d-)” rating on shares of Varex Imaging in a report on Monday. Finally, Wall Street Zen upgraded shares of Varex Imaging from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 22nd. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.00.

Varex Imaging Company Profile

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.