Varex Imaging Corp [VREX] stock is trading at $12.63, up 0.24%. An important factor to consider is whether the stock is rising or falling in short-term value. The VREX shares have gain 17.16% over the last week, with a monthly amount drifted -11.06%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Varex Imaging Corp [NASDAQ: VREX] stock has seen the most recent analyst activity on October 12, 2022, when Jefferies initiated its Hold rating and assigned the stock a price target of $24. Previously, Oppenheimer upgraded its rating to Outperform on February 05, 2021, and kept the price target unchanged to $41. On August 13, 2020, downgrade downgraded it’s rating to Perform. JP Morgan downgraded its rating to a Neutral and decreased its price target to $25 on May 13, 2020. JP Morgan upgraded its rating to a Overweight but $32 remained the price target by the analyst firm on March 25, 2020. Jefferies downgraded its rating to Hold for this stock on February 12, 2020, but kept the price target unchanged to $30. In a note dated October 22, 2019, Oppenheimer initiated an Outperform rating and provided a target price of $40 on this stock.
Varex Imaging Corp [VREX] stock has fluctuated between $10.72 and $21.50 over the past year. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Varex Imaging Corp [NASDAQ: VREX] shares were valued at $12.63 at the most recent close of the market. An investor can expect a potential return of 34.6% based on the average VREX price forecast.
Analyzing the VREX fundamentals
Varex Imaging Corp [NASDAQ:VREX] reported sales of 832.70M for the trailing twelve months, which represents a drop of -9.95%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.77.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.44 points at the first support level, and at 12.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.77, and for the 2nd resistance point, it is at 12.92.
Ratios To Look Out For
For context, Varex Imaging Corp’s Current Ratio is 3.34. On the other hand, the Quick Ratio is 1.89, and the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 0.62, the price to book ratio is 0.89 and price to earnings (TTM) ratio is 18.38.
Transactions by insiders
Recent insider trading involved Maheshwari Shubham, Chief Financial Officer, that happened on Aug 12 ’24 when 10000.0 shares were purchased. Chief Financial Officer, Maheshwari Shubham completed a deal on Aug 09 ’24 to buy 9007.0 shares. Meanwhile, SVP and CLO Honeysett Kimberley E. sold 2860.0 shares on Mar 15 ’24.
