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Varex Imaging Corporation (VREX)

18.58 +0.12 (+0.65%)
At close: August 11 at 4:00:00 PM EDT
18.52 -0.06 (-0.31%)
After hours: August 11 at 7:58:02 PM EDT
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  • Previous Close 18.46
  • Open 18.43
  • Bid 13.27 x 200
  • Ask 23.62 x 200
  • Day's Range 18.42 - 18.63
  • 52 Week Range 9.09 - 18.63
  • Volume 3,497,446
  • Avg. Volume 626,019
  • Market Cap (intraday) 783.115M
  • Beta (5Y Monthly) 0.88
  • PE Ratio (TTM) --
  • EPS (TTM) -2.00
  • Earnings Date Aug 10, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 17.48

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. It operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers. This segment's products are used in a range of applications, including CT, mammography, oncology, cardiac, surgery, dental, and other diagnostic radiography uses. The Industrial segment designs, develops, manufactures, sells, and services Linatron X-ray linear accelerators, non-intrusive cargo inspection systems, X-ray tubes, digital detectors, high voltage connectors, and coolers for use in security and inspection applications, such as baggage screening at airports, cargo screening at ports and borders, and nondestructive testing, irradiation, and inspection in various applications. It 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, Latin America, Europe, the Middle East, India, Africa, Asia, and Australia. The company was incorporated in 2016 and is headquartered in Salt Lake City, Utah.

www.vareximaging.com

2,500

Full Time Employees

October 03

Fiscal Year Ends

Healthcare

Sector

Medical Devices

Industry

Performance Overview

Trailing total returns as of 8/11/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

VREX
59.48%
S&P 500 (^GSPC)
12.89%

1-Year Return

VREX
90.17%
S&P 500 (^GSPC)
21.26%

3-Year Return

VREX
10.84%
S&P 500 (^GSPC)
73.12%

5-Year Return

VREX
33.19%
S&P 500 (^GSPC)
73.96%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 216M
Earnings -8.1M

Q4

FY25

Q1

FY26

Q2

FY26

0
50M
100M
150M
200M

Analyst Insights

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Analyst Price Targets

12.00 Low
17.48 Average
18.58 Current
20.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/11/2026
Analyst Oppenheimer
Rating Action Downgrade
Rating Perform
Price Action --
Price Target --

Statistics

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Valuation Measures

Annual
As of 8/10/2026
  • Market Cap

    777.81M

  • Enterprise Value

    1.06B

  • Trailing P/E

    --

  • Forward P/E

    20.04

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.90

  • Price/Book (mrq)

    1.64

  • Enterprise Value/Revenue

    1.24

  • Enterprise Value/EBITDA

    382.48

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    2.56%

  • Return on Assets (ttm)

    4.24%

  • Return on Equity (ttm)

    4.59%

  • Revenue (ttm)

    865M

  • Net Income Avi to Common (ttm)

    22.1M

  • Diluted EPS (ttm)

    -2.00

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    99.2M

  • Total Debt/Equity (mrq)

    73.18%

  • Levered Free Cash Flow (ttm)

    --

Compare

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Company Insights

Fair Value

18.58 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • What does Argus have to say about VREX?

    VAREX IMAGING CORP has an Investment Rating of HOLD; a target price of $12.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
  • What does Argus have to say about VREX?

    VAREX IMAGING CORP has an Investment Rating of HOLD; a target price of $12.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
  • What does Argus have to say about VREX?

    VAREX IMAGING CORP has an Investment Rating of HOLD; a target price of $12.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
  • What does Argus have to say about VREX?

    VAREX IMAGING CORP has an Investment Rating of HOLD; a target price of $13.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target

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