Varex Imaging Corp (NASDAQ:VREX)’s traded shares stood at 0.74 million during the last session, with the company’s beta value hitting 0.73. At the close of trading, the stock’s price was $7.84, to imply an increase of 1.29% or $0.1 in intraday trading. The VREX share’s 52-week high remains $18.17, putting it -131.76% down since that peak but still an impressive 6.63% since price per share fell to its 52-week low of $7.32. The company has a valuation of $323.01M, with an average of 0.66 million shares in intraday trading volume over the past 10 days and average of 484.68K shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Varex Imaging Corp (VREX), translating to a mean rating of 1.40. Of 1 analyst(s) looking at the stock, 0 analyst(s) give VREX a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy.
Varex Imaging Corp (NASDAQ:VREX) trade information
After registering a 1.29% upside in the last session, Varex Imaging Corp (VREX) has traded red over the past five days. The 5-day price performance for the stock is -5.31%, and -37.33% over 30 days. With these gigs, the year-to-date price performance is -46.26%. Short interest in Varex Imaging Corp (NASDAQ:VREX) saw shorts transact 0.96 million shares and set a 2.46 days time to cover.
The extremes give us $17 and $17 for target low and target high price respectively. As such, VREX has been trading -116.84% off suggested target high and -116.84% from its likely low.
VREX Dividends
Varex Imaging Corp has its next earnings report out on 2025-Feb-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Varex Imaging Corp (NASDAQ:VREX)’s Major holders
Varex Imaging Corp insiders hold 1.70% of total outstanding shares, with institutional holders owning 97.38% of the shares at 99.06% float percentage. In total, 97.38% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 7.15 million shares (or 17.4695% of shares), all amounting to roughly $105.25 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 4.64 million shares, or about 11.3408% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $68.32 million.
We also have ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Varex Imaging Corp (VREX) shares. Going by data provided on Feb 28, 2025 , ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund holds roughly 2.08 shares. This is just over 5.04% of the total shares, with a market valuation of $16.28 million. Data from the same date shows that the other fund manager holds a little less at 1.29, or 3.14% of the shares, all valued at about 10.14 million.
