Varex Imaging Corp (VREX) with a beta value of 0.61 appears to be a promising investment opportunity.

On Friday, Varex Imaging Corp (NASDAQ: VREX) opened lower -19.73% from the last session, before settling in for the closing price of $10.31. Price fluctuations for VREX have ranged from $10.19 to $18.30 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 1.03%. Company’s average yearly earnings per share was noted 4.68% at the time writing. With a float of $40.66 million, this company’s outstanding shares have now reached $41.23 million.

Considering the fact that the conglomerate employs 2300 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 32.69%, operating margin of 4.76%, and the pretax margin is 0.99%.

Varex Imaging Corp (VREX) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Varex Imaging Corp is 1.32%, while institutional ownership is 94.81%. The most recent insider transaction that took place on Apr 02 ’25, was worth 98,339. In this transaction President and CEO of this company sold 8,749 shares at a rate of $11.24, taking the stock ownership to the 190,193 shares. Before that another transaction happened on Apr 02 ’25, when Company’s Officer proposed sale 8,749 for $11.24, making the entire transaction worth $98,339.

Varex Imaging Corp (VREX) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.68% per share during the next fiscal year.

Varex Imaging Corp (NASDAQ: VREX) Trading Performance Indicators

Check out the current performance indicators for Varex Imaging Corp (VREX). In the past quarter, the stock posted a quick ratio of 2.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.42. Likewise, its price to free cash flow for the trailing twelve months is 14.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.16, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.83 in one year’s time.

Technical Analysis of Varex Imaging Corp (VREX)

Compared to the last year’s volume of 0.45 million, its volume of 0.49 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.33%. Additionally, its Average True Range was 0.65.

During the past 100 days, Varex Imaging Corp’s (VREX) raw stochastic average was set at 5.62%, which indicates a significant decrease from 9.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.54% in the past 14 days, which was higher than the 62.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.82, while its 200-day Moving Average is $13.31. Nevertheless, the first resistance level for the watch stands at $9.53 in the near term. At $10.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.67. If the price goes on to break the first support level at $7.39, it is likely to go to the next support level at $6.51. Now, if the price goes above the second support level, the third support stands at $5.26.

Varex Imaging Corp (NASDAQ: VREX) Key Stats

There are currently 41,200K shares outstanding in the company with a market cap of 341.14 million. Presently, the company’s annual sales total 811,000 K according to its annual income of -47,700 K. Last quarter, the company’s sales amounted to 199,800 K and its income totaled -300 K.