In last trading session, Varex Imaging Corp (NASDAQ:VREX) saw 0.63 million shares changing hands with its beta currently measuring 0.69. Company’s recent per share price level of $8.58 trading at $0.04 or 0.47% at ring of the bell on the day assigns it a market valuation of $356.07M. That closing price of VREX’s stock is at a discount of -97.32% from its 52-week high price of $16.93 and is indicating a premium of 21.21% from its 52-week low price of $6.76. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.53 million shares which gives us an average trading volume of 528.60K if we extend that period to 3-months.
For Varex Imaging Corp (VREX), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.40. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.04 in the current quarter.
Varex Imaging Corp (NASDAQ:VREX) trade information
Upright in the green during last session for gaining 0.47%, in the last five days VREX remained trading in the green while hitting it’s week-highest on Friday, 06/27/25 when the stock touched $8.58 price level, adding 1.61% to its value on the day. Varex Imaging Corp’s shares saw a change of -40.54% in year-to-date performance and have moved 10.71% in past 5-day. Varex Imaging Corp (NASDAQ:VREX) showed a performance of 9.16% in past 30-days. Number of shares sold short was 1.19 million shares which calculate 2.78 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 17 to the stock, which implies a rise of 49.53% to its current value. Analysts have been projecting 17 as a low price target for the stock while placing it at a high target of 17. It follows that stock’s current price would drop -98.14% in reaching the projected high whereas dropping to the targeted low would mean a loss of -98.14% for stock’s current value.
Varex Imaging Corp (VREX) estimates and forecasts
This year revenue growth is estimated to fall -1.24% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 190.32M for the same. And 5 analysts are in estimates of company making revenue of 197.92M in the next quarter. Company posted 209.1M and 205.7M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -27.04% while estimates for its earnings growth in next 5 years are of 21.44%.
Varex Imaging Corp (NASDAQ:VREX)’s Major holders
Insiders are in possession of 1.68% of company’s total shares while institution are holding 95.67 percent of that, with stock having share float percentage of 97.30%. Investors also watch the number of corporate investors in a company very closely, which is 95.67% institutions for Varex Imaging Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at VREX for having 7.15 million shares of worth $105.25 million. And as of 2024-06-30, it was holding 17.4695 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.64 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.3408 of outstanding shares, having a total worth of $68.32 million.
On the other hand, ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Apr 30, 2025 , the former fund manager was holding 2.15 shares of worth $18.41 million or 5.21% of the total outstanding shares. The later fund manager was in possession of 1.29 shares on Mar 31, 2025 , making its stake of worth around $11.09 million in the company or a holder of 3.14% of company’s stock.
