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VAREX IMAGING (VREX)

(Delayed Data from NSDQ)

$11.55 USD

11.55
298,747

-0.42 (-3.51%)

Updated Sep 6, 2024 04:00 PM ET

After-Market: $11.32 -0.23 (-1.99%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value D Growth B Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 35% (86 out of 249)

Industry: Medical - Products

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Better trading starts here.

Balance Sheet

Research for VREX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for VAREX IMAGING falls in the month of September.

All items in Millions except Per Share data.

9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019
Assets          
Cash & Equivalents 153 89 145 101 30
Receivables 164 173 155 124 141
Notes Receivable 0 0 0 0 0
Inventories 278 303 225 272 248
Other Current Assets 65 44 30 26 19
Total Current Assets 658 610 554 522 438
Net Property & Equipment 144 141 140 145 142
Investments & Advances 29 46 49 51 54
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 41 2 4 1 0
Intangibles 311 318 343 361 377
Deposits & Other Assets 38 43 33 32 28
Total Assets 1,250 1,184 1,148 1,140 1,039
Liabilities & Shareholders Equity 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 65 78 59 73 58
Current Portion Long-Term Debt 2 2 3 3 31
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 83 81 90 71 76
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 10 7 9 9 11
Total Current Liabilities 163 173 167 161 175
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 1 2 2 8
Convertible Debt 0 0 0 0 0
Long-Term Debt 441 412 432 453 364
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 42 34 32 35 33
Minority Interest (Liabilities) 0 0 0 0 11
Total Liabilities 669 638 651 674 591
Shareholders Equity 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 450 469 449 434 372
Retained Earnings 118 64 34 16 74
Other Equity 12 13 13 15 2
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 581 547 497 466 448
Total Liabilities & Shareholder's Equity 1,250 1,184 1,148 1,140 1,039
Total Common Equity 581 547 497 466 448
Shares Outstanding 40.40 39.80 39.40 39.10 38.40
Book Value Per Share 14.38 13.74 12.60 11.91 11.67

Fiscal Year End for VAREX IMAGING falls in the month of September.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 190 189 141 153 119
Receivables 152 152 140 164 163
Notes Receivable 0 0 0 0 0
Inventories 282 286 290 278 298
Other Current Assets 26 25 75 65 59
Total Current Assets 649 652 646 658 639
Net Property & Equipment 148 148 148 144 142
Investments & Advances 27 29 28 29 47
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 55 48 42 41 3
Intangibles 305 308 313 311 315
Deposits & Other Assets 39 38 37 38 38
Total Assets 1,253 1,252 1,242 1,250 1,212
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 70 69 74 65 75
Current Portion Long-Term Debt 46 2 2 2 2
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 67 69 62 83 68
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 8 10 9 10 11
Total Current Liabilities 195 154 150 163 159
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 397 441 441 441 441
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 43 45 42 44
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 657 662 659 669 667
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 462 458 453 450 445
Retained Earnings 120 119 118 118 87
Other Equity 12 12 12 12 13
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 595 590 583 581 545
Total Liabilities & Shareholder's Equity 1,253 1,252 1,242 1,250 1,212
Total Common Equity 595 590 583 581 545
Shares Outstanding 40.90 40.90 40.60 40.40 40.40
Book Value Per Share 14.56 14.43 14.36 14.38 13.49