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1 Comment
Varian Medical Systems, Inc is currently in a long term uptrend where the price is trading 117.8% above its 200 day moving average.
From a valuation standpoint, the stock is 99.6% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 5.2.
Varian Medical Systems, Inc's total revenue sank by 6.0% to $779M since the same quarter in the previous year.
Its net income has increased by 9.4% to $96M since the same quarter in the previous year.
Finally, its free cash flow grew by 38.4% to $125M since the same quarter in the previous year.
Based on the above factors, Varian Medical Systems, Inc gets an overall score of 4/5.
ISIN | None |
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Exchange | F |
CurrencyCode | EUR |
Sector | Healthcare |
Industry | Medical Instruments & Supplies |
Market Cap | 14B |
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PE Ratio | 59.06 |
Target Price | None |
Dividend Yield | 0.0% |
Beta | 1.07 |
Varian Medical Systems, Inc. designs, manufactures, sells, and services medical devices and software products for treating cancer and other medical conditions worldwide. It operates through Oncology Systems and Proton Solutions segments. The Oncology Systems segment offers hardware and software products for treating cancer with radiotherapy, fixed field intensity-modulated radiation therapy, image-guided radiation therapy, volumetric modulated arc therapy, stereotactic radiosurgery, stereotactic body radiotherapy, artificial intelligence based adaptive radiotherapy, and brachytherapy, as well as quality assurance equipment. Its products include linear accelerators, brachytherapy afterloaders, treatment accessories, and quality assurance software; and information management, treatment planning, image processing, clinical knowledge exchange, patient care management, decision-making support, and practice management software. This segment serves university research and community hospitals, private and governmental institutions, healthcare agencies, physicians' offices, medical oncology practices, radiotherapy centers, and cancer care clinics. The company has a strategic agreement with McKesson Corp. to supply treatment delivery systems and planning, services, and radiotherapy information system solutions to its U.S. Oncology Network and Vantage Oncology affiliated sites of care; strategic partnership with Siemens AG to represent Siemens diagnostic imaging products to radiation oncology clinics in the United States and other select markets; and collaboration with Google Cloud. Varian Medical Systems, Inc. was formerly known as Varian Associates, Inc. and changed its name to Varian Medical Systems, Inc. in April 1999. The company was founded in 1948 and is headquartered in Palo Alto, California. As of April 15, 2021, Varian Medical Systems, Inc. operates as a subsidiary of Siemens Healthineers AG.
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