Varex Imaging (NASDAQ:VREX) Receives Average Rating of “Moderate Buy” from Brokerages

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

VREX has been the topic of a number of analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Varex Imaging in a report on Friday, March 27th. Zacks Research raised Varex Imaging from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. B. Riley Financial reissued a “buy” rating on shares of Varex Imaging in a report on Thursday, February 12th. Finally, Wall Street Zen lowered Varex Imaging from a “buy” rating to a “hold” rating in a report on Saturday, May 9th.

Insiders Place Their Bets

In related news, Director Jay K. Kunkel sold 4,510 shares of the stock in a transaction that occurred 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 completion of the sale, the director owned 23,450 shares in the company, valued at $261,233. This represents a 16.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.60% of the stock is currently owned by insiders.

Institutional Trading of Varex Imaging

Several hedge funds have recently added to or reduced their stakes in the business. Franklin Resources Inc. boosted its stake in Varex Imaging by 2.2% during the 4th 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 during the period. SG Americas Securities LLC lifted its position in shares of Varex Imaging by 4.4% in the 1st 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 period. The Manufacturers Life Insurance Company lifted its position in shares of Varex Imaging by 10.4% in the 2nd 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 period. Deutsche Bank AG lifted its position in shares of Varex Imaging by 5.7% in the 4th 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 period. Finally, Comerica Bank lifted its position in shares of Varex Imaging by 9.3% in the 3rd 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 period.

Varex Imaging Stock Performance

Shares of NASDAQ VREX opened at $10.53 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.43 and a current ratio of 3.20. The firm has a market cap of $443.31 million, a price-to-earnings ratio of -5.27 and a beta of 0.91. The business’s 50-day simple moving average is $10.82 and its 200-day simple moving average is $11.88. Varex Imaging has a 52 week low of $6.76 and a 52 week high of $14.56.

Varex Imaging (NASDAQ:VREX) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The company had revenue of $216.00 million for the quarter, compared to analyst estimates of $216.92 million. Varex Imaging had a negative net margin of 9.64% and a positive return on equity of 8.19%. Varex Imaging has set its Q3 2026 guidance at 0.150-0.300 EPS. As a group, equities research analysts expect 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.