Varex ImagingVREX
VREX
About: Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components, including X-ray tubes, digital detectors and accessories, generators, and heat exchangers among other products. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors, high-voltage connectors, and coolers. Geographically, the company generates maximum revenue from Europe, Middle East, and Africa (EMEA) and the rest from the Americas and Asia Pacific region.
Employees: 2,300
0
Funds holding %
of 7,334 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
13% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 61
0.95% less ownership
Funds ownership: 94.23% [Q4 2024] → 93.28% (-0.95%) [Q1 2025]
4% less funds holding
Funds holding: 195 [Q4 2024] → 188 (-7) [Q1 2025]
19% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 31
21% less capital invested
Capital invested by funds: $566M [Q4 2024] → $445M (-$121M) [Q1 2025]
90% less call options, than puts
Call options by funds: $347K | Put options by funds: $3.62M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$16
69%
upside
Avg. target
$16
69%
upside
High target
$16
69%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
B. Riley Securities Kyle Bauser | 69%upside $16 | Buy Maintained | 8 Aug 2025 |
Financial journalist opinion
Based on 5 articles about VREX published over the past 30 days
Neutral
Zacks Investment Research
20 hours ago
Here's What Key Metrics Tell Us About VAREX IMAGING (VREX) Q3 Earnings
While the top- and bottom-line numbers for VAREX IMAGING (VREX) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
21 hours ago
VAREX IMAGING (VREX) Surpasses Q3 Earnings and Revenue Estimates
VAREX IMAGING (VREX) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.14 per share a year ago.
Neutral
Business Wire
1 day ago
Varex Announces Financial Results for Third Quarter Fiscal Year 2025
SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the third quarter of fiscal year 2025. 3QFY25 Summary Revenues of $203 million GAAP gross margin 33% | Non-GAAP gross margin* 34% GAAP operating margin (40)% | Non-GAAP operating margin* 8% GAAP net loss $(2.15) per diluted share | Non-GAAP net earnings* $0.18 per diluted share Cash flow from operations was $8 million Sunny Sanyal, Chief Executive Officer, stated, "We ar.
Neutral
Business Wire
2 weeks ago
Varex Schedules Third Quarter Fiscal Year 2025 Earnings Release and Conference Call
SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced that it will report unaudited financial results for the third quarter of fiscal year 2025, following the close of regular trading on Thursday, August 7, 2025. The earnings news release will be followed by a conference call at 3:00 pm Mountain Time that day. This call will be webcast live and can be accessed at the company's website at www.vareximaging.com/investor-relations/. Investors can also access this.
Neutral
Business Wire
3 weeks ago
Varex Announces Non-intrusive Cargo Inspection Systems Orders Valued at $17 Million
SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced that it has received orders for its high-energy non-intrusive cargo and vehicle inspection systems valued at approximately $17 million USD from international customers. The systems will be placed at strategic locations securing sea and land ports. Varex Imaging CEO, Sunny Sanyal, stated “We are pleased to announce additional orders this fiscal year for our Cargo Systems business, totaling over $55 million.
Neutral
Business Wire
2 months ago
Varex to Present at the Jefferies Global Healthcare Conference
SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) announced today that management is scheduled to present at the Jefferies Global Healthcare Conference in New York. Management will be presenting on Wednesday, June 4, 2025 at 8:10am ET. The webcast can be accessed here or on Varex's website at www.vareximaging.com/news. About Varex Varex Imaging Corporation is a leading innovator, designer, and manufacturer of X-ray imaging components, which include X-ray tubes, digital d.
Neutral
Seeking Alpha
2 months ago
Varex Imaging Corporation (VREX) Q2 2025 Earnings Call Transcript
ConocoPhillips Company (COP) Q2 2025 - Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Christopher Belfiore - Director, IR Sunny Sanyal - President and CEO Shubham Maheshwari - CFO Conference Call Participants Young Li - Jefferies Larry Solow - CJS Securities Brandon Carney - B. Riley Securities Operator Greetings, and welcome to the Varex Q2 Fiscal Year 2025 Call.
Positive
Zacks Investment Research
3 months ago
VAREX IMAGING (VREX) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for VAREX IMAGING (VREX) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
3 months ago
VAREX IMAGING (VREX) Q2 Earnings and Revenues Beat Estimates
VAREX IMAGING (VREX) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.16 per share a year ago.
Neutral
Business Wire
3 months ago
Varex Announces Financial Results for Second Quarter Fiscal Year 2025
SALT LAKE CITY--(BUSINESS WIRE)--Varex Imaging Corporation (Nasdaq: VREX) today announced its unaudited financial results for the second quarter of fiscal year 2025. 2QFY25 Summary Revenues of $213 million GAAP gross margin 36% | Non-GAAP gross margin* 36% GAAP operating margin 10% | Non-GAAP operating margin* 12% GAAP net earnings $0.17 per diluted share | Non-GAAP net earnings* $0.26 per diluted share Cash flow from operations was $17 million Sunny Sanyal, Chief Executive Officer, stated, "De.
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