Varex Imaging (NASDAQ:VREX) Announces Earnings Results, Beats Expectations By $0.03 EPS

Varex Imaging (NASDAQ:VREX) posted its quarterly earnings results on Thursday. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03, Zacks reports. Varex Imaging had a negative net margin of 5.79% and a positive return on equity of 3.96%. Varex Imaging updated its Q2 2025 guidance to 0.050-0.200 EPS.

Varex Imaging Trading Down 19.3 %

VREX stock traded down $2.93 during trading on Friday, reaching $12.27. 2,156,020 shares of the stock were exchanged, compared to its average volume of 393,776. The business has a 50 day moving average price of $14.54 and a 200-day moving average price of $13.39. Varex Imaging has a 1 year low of $10.19 and a 1 year high of $18.30. The company has a current ratio of 3.32, a quick ratio of 1.97 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $505.89 million, a price-to-earnings ratio of -10.49 and a beta of 0.62.

Wall Street Analyst Weigh In

A number of analysts have recently commented on VREX shares. StockNews.com upgraded Varex Imaging from a “hold” rating to a “buy” rating in a research note on Friday. B. Riley reaffirmed a “buy” rating and issued a $22.00 price target (up previously from $21.00) on shares of Varex Imaging in a report on Friday. Finally, Oppenheimer dropped their price objective on Varex Imaging from $30.00 to $23.00 and set an “outperform” rating on the stock in a report on Friday.

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.