Varex Imaging (NASDAQ:VREX) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

Varex Imaging (NASDAQ:VREX) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $11.09 and traded as low as $9.41. Varex Imaging shares last traded at $9.70, with a volume of 621,258 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on VREX shares. Weiss Ratings restated a “sell (d-)” rating on shares of Varex Imaging in a research note on Friday, March 27th. Zacks Research upgraded Varex Imaging from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 13th. B. Riley Financial restated a “buy” rating on shares of Varex Imaging in a research note on Thursday, February 12th. Jefferies Financial Group restated a “hold” rating and issued a $14.50 price target on shares of Varex Imaging in a research note on Monday, February 2nd. Finally, Wall Street Zen cut Varex Imaging from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $16.17.

Varex Imaging Stock Up 8.7%

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 cap of $426.47 million, a P/E ratio of -5.07 and a beta of 0.96. The firm has a 50-day simple moving average of $11.02 and a two-hundred day simple moving average of $12.04.

Varex Imaging (NASDAQ:VREX) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). The firm had revenue of $216.00 million for the quarter, compared to the consensus estimate 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. Equities research analysts expect that Varex Imaging will post 0.93 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Varex Imaging news, Director Jay K. Kunkel sold 4,510 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $11.14, for a total transaction of $50,241.40. Following the transaction, the director owned 23,450 shares in the company, valued at $261,233. This trade represents a 16.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.60% of the stock is owned by insiders.

Institutional Trading of Varex Imaging

A number of hedge funds have recently made changes to their positions in the company. Franklin Resources Inc. boosted its stake in shares of Varex Imaging by 2.2% during the fourth quarter. Franklin Resources Inc. now owns 57,720 shares of the company’s stock valued at $672,000 after purchasing an additional 1,261 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Varex Imaging by 4.4% during the first quarter. SG Americas Securities LLC now owns 30,202 shares of the company’s stock worth $320,000 after acquiring an additional 1,272 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Varex Imaging by 10.4% during the second quarter. The Manufacturers Life Insurance Company now owns 15,302 shares of the company’s stock worth $133,000 after acquiring an additional 1,442 shares during the last quarter. Deutsche Bank AG raised its position in shares of Varex Imaging by 5.7% during the fourth quarter. Deutsche Bank AG now owns 27,459 shares of the company’s stock worth $320,000 after acquiring an additional 1,477 shares during the last quarter. Finally, Comerica Bank raised its position in shares of Varex Imaging by 9.3% during the third quarter. Comerica Bank now owns 20,363 shares of the company’s stock worth $253,000 after acquiring an additional 1,726 shares during the last quarter.

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.