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VREX Overview

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$
0.000
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
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ET
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Intellectia

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High
10.380
Open
10.260
VWAP
10.22
Vol
292.39K
Mkt Cap
429.84M
Low
10.070
Amount
2.99M
EV/EBITDA(TTM)
7.88
Total Shares
42.10M
EV
707.06M
EV/OCF(TTM)
--
P/S(TTM)
0.50
Varex Imaging Corporation is a designer and manufacturer of X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems. The Company’s segments include Medical and Industrial. Its Medical segment designs, manufactures, sells and services X-ray imaging components, including X-ray tubes, flat panel and photon-counting detectors and accessories, high-voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and coolers. Its Industrial segment designs, develops, manufactures, sells, and services X-ray imaging products for use in a number of applications, including security applications for cargo screening at ports and borders, baggage screening at airports, and nondestructive testing, irradiation, and inspection applications used in a number of other verticals.
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Events Timeline

(ET)
2026-05-07
17:30:00
Sees FY26 Revenue of $860M-$880M
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2026-05-07
17:30:00
Sees Q3 Revenue of $210M-$225M
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2026-05-07
17:30:00
Company Reports Q2 Revenue of $216M
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2026-02-10 (ET)
2026-02-10
16:30:00
Sees Q2 Revenue of $210M to $225M
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2026-02-10
16:30:00
Company Reports Q1 Revenue of $210M Exceeding Expectations
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2025-11-18 (ET)
2025-11-18
16:19:51
Varex Imaging Reports Q1 Adjusted EPS Between 5c and 25c, with Two Estimates at 14c
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2025-11-18
16:19:19
Varex Imaging announces Q4 adjusted EPS of 37 cents, surpassing consensus estimate of 18 cents.
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2025-08-07 (ET)
2025-08-07
17:06:53
Varex Imaging sees Q3 EPS 10c-30c, consensus 10c
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News

NASDAQ.COM
2.0
05-08NASDAQ.COM
Varex Imaging (VREX) Q2 2026 Earnings Transcript
seekingalpha
9.5
05-08seekingalpha
Varex Imaging Q2 Fiscal 2026 Earnings Call Insights
  • Stable Revenue Performance: Varex Imaging reported Q2 revenue of $216 million, aligning with guidance, with a 2% increase in medical revenue driven by strong CT sales, indicating stability in both medical and industrial sectors despite some softness in industrial performance.
  • Strong Gross Margin: The non-GAAP gross margin stood at 34%, at the high end of guidance, with non-GAAP EPS of $0.21, reflecting effective cost control amidst rising raw material prices, showcasing the company's resilience in maintaining profitability.
  • Successful Debt Restructuring: The company completed debt refinancing, resulting in reduced outstanding debt and lower annual interest expenses, enhancing its capital structure and providing greater flexibility for future investments and growth initiatives.
  • Optimistic Future Outlook: Full fiscal year 2026 revenue is expected to range between $860 million and $880 million, with Q3 revenue guidance set between $210 million and $225 million, demonstrating the company's confidence in future growth despite facing some cost and logistics challenges.
moomoo
9.5
05-07moomoo
VAREX IMAGING Q2 ADJUSTED EPS MATCHES IBES ESTIMATE AT USD 0.21
  • Q2 Adjusted EPS: VAREX Imaging reported an adjusted earnings per share (EPS) of USD 0.21 for the second quarter.

  • Comparison with Estimates: This EPS figure matches the estimates provided by IBES, which also projected an EPS of USD 0.21.

Newsfilter
9.5
04-22Newsfilter
Varex Imaging Corporation to Report Q2 2026 Financial Results
  • Earnings Release Schedule: Varex Imaging Corporation will announce its unaudited financial results for Q2 of fiscal year 2026 after market close on May 7, 2026, which is expected to significantly impact investor sentiment.
  • Conference Call Details: Following the earnings release, Varex will host a conference call at 3:00 PM Mountain Time, allowing investors to participate via 877-524-8416 (U.S.) or 412-902-1028 (non-U.S.), enhancing investor engagement and communication.
  • Webcast and Replay Availability: The conference call will be webcast live and accessible on the company's website, with a replay available from May 7 to May 21, ensuring broad dissemination of information and transparency for stakeholders.
  • Company Background: Varex Imaging Corporation is a leading manufacturer of X-ray imaging components with over 70 years of innovation, whose products are utilized in medical, industrial, and security imaging applications, underscoring its significant market presence.
Newsfilter
8.5
03-16Newsfilter
Varex Imaging Secures $490 Million Credit Agreement
  • Credit Agreement Overview: Varex Imaging has entered into a $490 million Credit and Guaranty Agreement on March 13, 2026, which includes a $350 million secured term loan and a $100 million secured revolving credit facility, maturing in 2031, thereby enhancing the company's financial flexibility.
  • Debt Redemption Plan: The company plans to redeem $368 million of its 7.875% Senior Secured Notes on March 16, 2026, using funds from the new credit agreement, which is expected to reduce annual cash interest expenses by over $7 million, significantly improving its financial position.
  • Interest Rate Management Strategy: Varex has entered into an interest rate swap that effectively fixes the variable SOFR rate at 3.65%, with an applicable margin set at 2.50%, which will help lower financing costs and enhance future free cash flow generation capabilities.
  • Strategic Investment Direction: The CFO stated that this financing will support continued investment in the core business while prioritizing long-term shareholder value, demonstrating the company's confidence and commitment to future growth.
Newsfilter
1.0
03-10Newsfilter
Varex Imaging to Present at Upcoming Investor Conferences
  • Investor Conference Schedule: Varex Imaging announced its participation in Oppenheimer's 36th Annual Healthcare, MedTech & Services Virtual Conference on March 17, 2025, at 10:40 AM ET, and the Sidoti Small Cap Virtual Conference on March 18, 2026, at 1:00 PM ET, showcasing the company's innovations and market outlook in medical imaging.
  • Webcast Access: Investors can access the conferences via the company's website or provided webcast links, ensuring transparent communication with investors and enhancing market confidence.
  • Company Background: Varex Imaging is a leading innovator in X-ray imaging components with over 70 years of successful innovation history, with products widely used in medical, industrial, and security imaging, demonstrating the company's deep technological expertise.
  • Global Workforce Distribution: Varex employs approximately 2,400 people across North America, Europe, and Asia, showcasing its global operational capabilities and market reach, further solidifying its leadership position in the imaging industry.
Wall Street analysts forecast VREX stock price to rise
2 Analyst Rating
Wall Street analysts forecast VREX stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
16.00
Averages
17.00
High
18.00
Current: 0.000
sliders
Low
16.00
Averages
17.00
High
18.00
B. Riley
Buy
upgrade
$16 -> $18
AI Analysis
2026-02-12
Reason
B. Riley
Price Target
$16 -> $18
AI Analysis
2026-02-12
upgrade
Buy
Reason
B. Riley raised the firm's price target on Varex Imaging to $18 from $16 and keeps a Buy rating on the shares. The company's fiscal Q1 beat was driven by strength in the industrial segment, the analyst tells investors in a research note.
B. Riley
Anderson Schock
Buy
maintain
$12 -> $16
2025-08-08
Reason
B. Riley
Anderson Schock
Price Target
$12 -> $16
2025-08-08
maintain
Buy
Reason
B. Riley analyst Anderson Schock raised the firm's price target on Varex Imaging to $16 from $12 and keeps a Buy rating on the shares following the fiscal Q3 beat. The firm cites the company's reduced tariff pressure and raised 2025 guidance for the target bump.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for VREX
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Valuation Metrics

The current forward P/E ratio for Varex Imaging Corp (VREX.O) is 15.17, compared to its 5-year average forward P/E of 20.33. For a more detailed relative valuation and DCF analysis to assess Varex Imaging Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
20.33
Current PE
15.17
Overvalued PE
26.94
Undervalued PE
13.71

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
14.61
Current EV/EBITDA
8.28
Overvalued EV/EBITDA
40.14
Undervalued EV/EBITDA
-10.92

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.84
Current PS
0.47
Overvalued PS
1.11
Undervalued PS
0.58

Financials

AI Analysis
Annual
Quarterly

Whales Holding VREX

R
Rice Hall James & Associates, LLC
Holding
VREX
-1.07%
3M Return

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Frequently Asked Questions

What is Varex Imaging Corp (VREX) stock price today?

The current price of VREX is 10.21 USD — it has increased 0.39

What is Varex Imaging Corp (VREX)'s business?

Varex Imaging Corporation is a designer and manufacturer of X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems. The Company’s segments include Medical and Industrial. Its Medical segment designs, manufactures, sells and services X-ray imaging components, including X-ray tubes, flat panel and photon-counting detectors and accessories, high-voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and coolers. Its Industrial segment designs, develops, manufactures, sells, and services X-ray imaging products for use in a number of applications, including security applications for cargo screening at ports and borders, baggage screening at airports, and nondestructive testing, irradiation, and inspection applications used in a number of other verticals.

What is the price predicton of VREX Stock?

Wall Street analysts forecast VREX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VREX is17.00 USD with a low forecast of 16.00 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Varex Imaging Corp (VREX)'s revenue for the last quarter?

Varex Imaging Corp revenue for the last quarter amounts to 216.00M USD, increased 1.46

What is Varex Imaging Corp (VREX)'s earnings per share (EPS) for the last quarter?

Varex Imaging Corp. EPS for the last quarter amounts to -0.19 USD, decreased -211.76

How many employees does Varex Imaging Corp (VREX). have?

Varex Imaging Corp (VREX) has 2400 emplpoyees as of May 28 2026.

What is Varex Imaging Corp (VREX) market cap?

Today VREX has the market capitalization of 429.84M USD.