Varex Imaging Co. (NASDAQ:VREX – Get Rating) – Analysts at Jefferies Financial Group issued their Q2 2023 earnings per share (EPS) estimates for shares of Varex Imaging in a research report issued on Tuesday, November 22nd. Jefferies Financial Group analyst Y. Li anticipates that the company will post earnings per share of $0.17 for the quarter. Jefferies Financial Group currently has a “Hold” rating and a $24.00 target price on the stock. The consensus estimate for Varex Imaging’s current full-year earnings is $0.77 per share. Jefferies Financial Group also issued estimates for Varex Imaging’s Q3 2023 earnings at $0.19 EPS, Q4 2023 earnings at $0.28 EPS, FY2023 earnings at $0.72 EPS and FY2024 earnings at $0.88 EPS.
Separately, StockNews.com started coverage on Varex Imaging in a research report on Wednesday, October 12th. They issued a “buy” rating on the stock.
Varex Imaging Price Performance
Institutional Investors Weigh In On Varex Imaging
Several hedge funds have recently made changes to their positions in VREX. Ancora Advisors LLC boosted its position in shares of Varex Imaging by 100.8% during the first quarter. Ancora Advisors LLC now owns 1,265 shares of the company’s stock valued at $26,000 after purchasing an additional 635 shares in the last quarter. Point72 Hong Kong Ltd bought a new stake in shares of Varex Imaging during the first quarter valued at approximately $46,000. Advisor Group Holdings Inc. boosted its position in shares of Varex Imaging by 59.0% during the first quarter. Advisor Group Holdings Inc. now owns 1,968 shares of the company’s stock valued at $62,000 after purchasing an additional 730 shares in the last quarter. KBC Group NV bought a new stake in shares of Varex Imaging during the second quarter valued at approximately $71,000. Finally, US Bancorp DE boosted its position in shares of Varex Imaging by 73.0% during the second quarter. US Bancorp DE now owns 3,974 shares of the company’s stock valued at $85,000 after purchasing an additional 1,677 shares in the last quarter.
About Varex Imaging
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.
- Get a free copy of the StockNews.com research report on Varex Imaging (VREX)
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