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How to buy Varex Imaging stock
Learn how to easily invest in Varex Imaging stock.
Varex Imaging Corp is a medical devices business based in the US. Varex Imaging shares (VREX) are listed on the NASDAQ and all prices are listed in US Dollars. Varex Imaging employs 2,100 staff and has a trailing 12-month revenue of around $854.3 million.
How to buy shares in Varex Imaging
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- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – VREX – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Varex Imaging stock price (NASDAQ: VREX)Use our graph to track the performance of VREX stocks over time.
Varex Imaging shares at a glance
|Latest market close||$21.14|
|52-week range||$18.90 - $32.65|
|50-day moving average||$22.03|
|200-day moving average||$23.51|
|Wall St. target price||$40.33|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.61|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Varex Imaging stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Varex Imaging price performance over time
|1 week (2022-09-23)||-1.21%|
|1 month (2022-09-01)||0.05%|
|3 months (2022-07-01)||-0.89%|
|6 months (2022-03-28)||N/A|
|1 year (2021-10-01)||-26.03%|
|2 years (2020-10-01)||69.94%|
|3 years (2019-10-01)||27.49|
|5 years (2017-09-29)||33.84|
Is Varex Imaging stock undervalued or overvalued?
Valuing Varex Imaging stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Varex Imaging's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Varex Imaging's P/E ratio
Varex Imaging's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 35x. In other words, Varex Imaging shares trade at around 35x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Varex Imaging's PEG ratio
Varex Imaging's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.7714. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Varex Imaging's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Varex Imaging's EBITDA
Varex Imaging's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $126.5 million.
The EBITDA is a measure of a Varex Imaging's overall financial performance and is widely used to measure a its profitability.
Varex Imaging financials
|Revenue TTM||$854.3 million|
|Operating margin TTM||10.76%|
|Gross profit TTM||$271.7 million|
|Return on assets TTM||4.94%|
|Return on equity TTM||5.21%|
|Market capitalisation||$840.7 million|
TTM: trailing 12 months
Varex Imaging share dividends
We're not expecting Varex Imaging to pay a dividend over the next 12 months.
Varex Imaging share price volatility
Over the last 12 months, Varex Imaging's shares have ranged in value from as little as $18.9 up to $32.65. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Varex Imaging's is 0.8897. This would suggest that Varex Imaging's shares are less volatile than average (for this exchange).
Varex Imaging overview
Varex Imaging Corporation designs and manufactures X-ray imaging components. The company operates in two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys. This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, radiation therapy, oncology, CT, cardiac, surgery, dental, computer-aided detection, and other diagnostic radiography uses. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, and high voltage connectors for use in security and industrial inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive testing and examination in various applications. Varex Imaging Corporation sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. The company has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia.
Varex Imaging in the news
When Should You Buy Varex Imaging Corporation (NASDAQ:VREX)?
Frequently asked questionsWhat percentage of Varex Imaging is owned by insiders or institutions?
Currently 0.669% of Varex Imaging shares are held by insiders and 116.83% by institutions. How many people work for Varex Imaging?
Latest data suggests 2,100 work at Varex Imaging. When does the fiscal year end for Varex Imaging?
Varex Imaging's fiscal year ends in September. Where is Varex Imaging based?
Varex Imaging's address is: 1678 South Pioneer Road, Salt Lake City, UT, United States, 84104 What is Varex Imaging's ISIN number?
Varex Imaging's international securities identification number is: US92214X1063 What is Varex Imaging's CUSIP number?
Varex Imaging's Committee on Uniform Securities Identification Procedures number is: 92214X106
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