Varex Imaging (VREX) to Release Quarterly Earnings on Tuesday

Varex Imaging (NASDAQ:VREXGet Rating) is set to release its earnings data after the market closes on Tuesday, November 15th. Analysts expect Varex Imaging to post earnings of $0.21 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Varex Imaging Trading Up 0.3 %

Shares of Varex Imaging stock opened at $21.68 on Tuesday. The company has a quick ratio of 1.70, a current ratio of 3.44 and a debt-to-equity ratio of 0.78. The firm has a market cap of $862.86 million, a PE ratio of 35.54, a P/E/G ratio of 4.32 and a beta of 0.81. The business’s fifty day moving average is $21.39 and its two-hundred day moving average is $21.55. Varex Imaging has a fifty-two week low of $18.90 and a fifty-two week high of $32.65.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on VREX. StockNews.com began coverage on Varex Imaging in a research report on Wednesday, October 12th. They issued a “buy” rating on the stock. Jefferies Financial Group began coverage on Varex Imaging in a research report on Wednesday, October 12th. They issued a “hold” rating and a $24.00 target price on the stock.

Insider Activity at Varex Imaging

In related news, SVP Kimberley E. Honeysett sold 3,028 shares of the stock in a transaction on Thursday, August 18th. The stock was sold at an average price of $23.50, for a total value of $71,158.00. Following the completion of the sale, the senior vice president now directly owns 4,733 shares in the company, valued at approximately $111,225.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.80% of the stock is owned by insiders.

Institutional Trading of Varex Imaging

Several large investors have recently added to or reduced their stakes in VREX. Shapiro Capital Management LLC increased its holdings in Varex Imaging by 5.7% in the 1st quarter. Shapiro Capital Management LLC now owns 3,146,292 shares of the company’s stock valued at $66,985,000 after purchasing an additional 168,322 shares in the last quarter. State Street Corp grew its stake in shares of Varex Imaging by 8.1% during the second quarter. State Street Corp now owns 2,083,046 shares of the company’s stock valued at $44,556,000 after acquiring an additional 156,521 shares in the last quarter. Sei Investments Co. grew its stake in shares of Varex Imaging by 153.7% during the first quarter. Sei Investments Co. now owns 196,825 shares of the company’s stock valued at $4,168,000 after acquiring an additional 119,241 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Varex Imaging by 31.0% during the first quarter. JPMorgan Chase & Co. now owns 347,400 shares of the company’s stock valued at $7,396,000 after acquiring an additional 82,155 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Varex Imaging by 4.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,622,639 shares of the company’s stock valued at $34,549,000 after acquiring an additional 73,409 shares in the last quarter.

About Varex Imaging

(Get Rating)

Varex Imaging Corp. engages in the design, manufacture, and sale of imaging components. It operates through the Medical and Industrial segments. The Medical segment delivers and services x-ray imaging components, including X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, and three-dimensional reconstruction software.

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Earnings History for Varex Imaging (NASDAQ:VREX)

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