StockNews.com started coverage on shares of Varex Imaging (NASDAQ:VREX – Get Rating) in a research note issued to investors on Thursday morning. The firm issued a hold rating on the stock.
Varex Imaging Price Performance
VREX opened at $18.13 on Thursday. The stock has a 50-day moving average price of $19.21 and a 200-day moving average price of $20.41. The company has a debt-to-equity ratio of 0.84, a current ratio of 3.86 and a quick ratio of 1.82. The firm has a market cap of $727.01 million, a PE ratio of 23.24, a P/E/G ratio of 0.72 and a beta of 0.77. Varex Imaging has a 1 year low of $17.34 and a 1 year high of $23.78.
Varex Imaging (NASDAQ:VREX – Get Rating) last posted its quarterly earnings results on Tuesday, January 31st. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.03). The company had revenue of $205.60 million during the quarter, compared to analysts’ expectations of $205.35 million. Varex Imaging had a return on equity of 7.47% and a net margin of 3.69%. Sell-side analysts predict that Varex Imaging will post 0.73 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Varex Imaging
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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