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As of close of business last night, Varex Imaging Corp’s stock clocked out at $10.79, down -0.83% from its previous closing price of $10.88. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 8.51 million shares were traded. VREX stock price reached its highest trading level at $11.245 during the session, while it also had its lowest trading level at $10.57.
Ratios:
To gain a deeper understanding of VREX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 3.34. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.72.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 440890176 and an Enterprise Value of 735710976. As of this moment, Varex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.70, and their Forward P/E ratio for the next fiscal year is 17.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 0.884 whereas that against EBITDA is 9.336.
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 -14.94%, while the 200-Day Moving Average is calculated to be -33.52%.
Shares Statistics:
It appears that VREX traded 608.20K shares on average per day over the past three months and 1717840 shares per day over the past ten days. A total of 40.53M shares are outstanding, with a floating share count of 40.40M. Insiders hold about 1.23% of the company’s shares, while institutions hold 101.08% stake in the company. Shares short for VREX as of 1724976000 were 2990207 with a Short Ratio of 4.92, compared to 1722384000 on 3214495. Therefore, it implies a Short% of Shares Outstanding of 2990207 and a Short% of Float of 11.1499995.
