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In the latest session, Varex Imaging Corp (NASDAQ: VREX) closed at $15.31 down -2.61% from its previous closing price of $15.72. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 1.03 million shares were traded. VREX stock price reached its highest trading level at $16.17 during the session, while it also had its lowest trading level at $15.18.
Ratios:
For a deeper understanding of Varex Imaging Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.11. For the most recent quarter (mrq), Quick Ratio is recorded 1.97 and its Current Ratio is at 3.32. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.80.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on August 23, 2024, initiated with a Buy rating and assigned the stock a target price of $21.
On October 12, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $24.
Oppenheimer Upgraded its Perform to Outperform on February 05, 2021, while the target price for the stock was maintained at $41.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 20 ’24 when Honeysett Kimberley E. sold 2,578 shares for $12.53 per share. The transaction valued at 32,302 led to the insider holds 275 shares of the business.
Honeysett Kimberley E. bought 2,578 shares of VREX for $32,302 on Aug 20 ’24. On Aug 12 ’24, another insider, Maheshwari Shubham, who serves as the Chief Financial Officer of the company, bought 10,000 shares for $10.82 each. As a result, the insider paid 108,200 and bolstered with 56,063 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VREX now has a Market Capitalization of 629241024 and an Enterprise Value of 889904000. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 1.069 whereas that against EBITDA is 11.293.
Stock Price History:
Over the past 52 weeks, VREX has reached a high of $21.50, while it has fallen to a 52-week low of $10.19. The 50-Day Moving Average of the stock is 12.01%, while the 200-Day Moving Average is calculated to be 5.13%.
Shares Statistics:
For the past three months, VREX has traded an average of 767.34K shares per day and 676090 over the past ten days. A total of 41.09M shares are outstanding, with a floating share count of 40.59M. Insiders hold about 1.24% of the company’s shares, while institutions hold 95.51% stake in the company. Shares short for VREX as of 1730332800 were 1557863 with a Short Ratio of 1.76, compared to 1727654400 on 1499499. Therefore, it implies a Short% of Shares Outstanding of 1557863 and a Short% of Float of 5.81.
