Varex Imaging (VREX) Scheduled to Post Quarterly Earnings on Tuesday

Varex Imaging (NASDAQ:VREX) is set to announce its earnings results after the market closes on Tuesday, November 19th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Varex Imaging Price Performance

Shares of VREX opened at $13.70 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.34 and a quick ratio of 1.89. The firm has a 50-day simple moving average of $12.28 and a two-hundred day simple moving average of $13.52. Varex Imaging has a 1-year low of $10.19 and a 1-year high of $21.50. The stock has a market cap of $560.33 million, a PE ratio of 19.30 and a beta of 0.53.

Insiders Place Their Bets

In other Varex Imaging news, SVP Kimberley E. Honeysett sold 2,578 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $12.53, for a total value of $32,302.34. Following the sale, the senior vice president now directly owns 275 shares in the company, valued at $3,445.75. This trade represents a 90.36 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, B. Riley began coverage on shares of Varex Imaging in a research note on Friday, August 23rd. They set a “buy” rating and a $21.00 target price on the stock.

Varex Imaging Company Profile

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.