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1 Comment
Varex Imaging Corporation is currently in a long term uptrend where the price is trading 30.2% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 1.1.
Varex Imaging Corporation's total revenue sank by 11.5% to $177M since the same quarter in the previous year.
Its net income has dropped by 392.3% to $-6M since the same quarter in the previous year.
Finally, its free cash flow fell by 81.9% to $3M since the same quarter in the previous year.
Based on the above factors, Varex Imaging Corporation gets an overall score of 2/5.
Sector | Healthcare |
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Industry | Medical Devices |
Exchange | F |
CurrencyCode | EUR |
ISIN | US92214X1063 |
Beta | 0.65 |
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Market Cap | 265M |
PE Ratio | None |
Target Price | 37.25 |
Dividend Yield | None |
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company 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, 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. The company sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. It has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. The company was incorporated in 2016 and is headquartered in Salt Lake City, Utah.
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