Varex Imaging (VREX) Earning Somewhat Favorable Press Coverage, Study Shows

News coverage about Varex Imaging (NASDAQ:VREX) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Varex Imaging earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.4947191536979 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Varex Imaging (NASDAQ:VREX) opened at $38.03 on Friday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.72 and a current ratio of 3.26. Varex Imaging has a 12 month low of $25.00 and a 12 month high of $39.11.

Varex Imaging (NASDAQ:VREX) last issued its earnings results on Thursday, November 9th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.07. The firm had revenue of $216.00 million for the quarter, compared to analyst estimates of $213.73 million. The company’s quarterly revenue was up 25.5% compared to the same quarter last year. analysts forecast that Varex Imaging will post 1.82 earnings per share for the current fiscal year.

Several equities analysts have commented on VREX shares. Zacks Investment Research downgraded shares of Varex Imaging from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Jefferies Group boosted their target price on shares of Varex Imaging to $39.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Finally, J P Morgan Chase & Co downgraded shares of Varex Imaging from a “neutral” rating to an “underweight” rating and set a $33.00 target price for the company. in a research note on Wednesday, October 4th.

In related news, insider Sunny Sanyal sold 50,000 shares of the business’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $36.50, for a total transaction of $1,825,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

ILLEGAL ACTIVITY NOTICE: This piece was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece on another website, it was illegally stolen and republished in violation of international trademark & copyright laws. The legal version of this piece can be viewed at

Varex Imaging Company Profile

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.

Insider Buying and Selling by Quarter for Varex Imaging (NASDAQ:VREX)

Receive News & Ratings for Varex Imaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Varex Imaging and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply