Varex Imaging (VREX) vs. Myriad Genetics (MYGN) Financial Comparison

Varex Imaging (NASDAQ: VREX) and Myriad Genetics (NASDAQ:MYGN) are both medical companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, earnings, valuation and risk.

Earnings and Valuation

This table compares Varex Imaging and Myriad Genetics’ revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio EBITDA Earnings Per Share Price/Earnings Ratio
Varex Imaging $654.50 million 1.69 $115.80 million N/A N/A
Myriad Genetics $771.40 million 2.60 $97.70 million $0.32 91.41

Varex Imaging has higher revenue, but lower earnings than Myriad Genetics.

Analyst Recommendations

This is a summary of recent recommendations for Varex Imaging and Myriad Genetics, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Varex Imaging 0 1 1 0 2.50
Myriad Genetics 2 6 1 0 1.89

Varex Imaging currently has a consensus price target of $33.50, suggesting a potential upside of 13.95%. Myriad Genetics has a consensus price target of $20.38, suggesting a potential downside of 30.34%. Given Varex Imaging’s stronger consensus rating and higher probable upside, analysts clearly believe Varex Imaging is more favorable than Myriad Genetics.

Profitability

This table compares Varex Imaging and Myriad Genetics’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Varex Imaging N/A N/A N/A
Myriad Genetics 2.83% 9.67% 5.75%

Insider & Institutional Ownership

91.4% of Varex Imaging shares are held by institutional investors. 6.2% of Myriad Genetics shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Myriad Genetics beats Varex Imaging on 7 of the 11 factors compared between the two stocks.

About Varex Imaging

Varex Imaging Corporation is a supplier of medical X-ray tubes and image processing solutions. The Company’s segments include Medical and Industrial. The X-ray imaging system manufacturers use the Company’s components for medical imaging, cargo screening and border security, to detect, diagnose and protect. The Medical business segment designs, manufactures, sells and services X-ray imaging components for use in a range of applications, including radiographic or fluoroscopic imaging, mammography, special procedures, computed tomography, radiation therapy and computer-aided detection. The Industrial business segment designs, manufactures, sells and services products for use in security and industrial inspection applications, such as cargo screening at ports and borders and non-destructive examination in a range of applications.

About Myriad Genetics

Myriad Genetics, Inc. is a molecular diagnostic company. The Company is engaged in the discovery, development and marketing of transformative molecular diagnostic tests. The Company operates through two segments: diagnostics and other. The diagnostics segment provides testing and collaborative development of testing that is designed to assess an individual’s risk for developing disease later in life, identify a patient’s likelihood of responding to drug therapy and guide a patient’s dosing to enable optimal treatment, or assess a patient’s risk of disease progression and disease recurrence. The other segment provides testing products and services to the pharmaceutical, biotechnology and medical research industries, research and development, and clinical services for patients, and also includes corporate services, such as finance, human resources, legal and information technology. Its molecular diagnostic tests include myRisk Hereditary Cancer, BRACAnalysis CDx and COLARIS.

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