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VAREX IMAGING (VREX)

(Delayed Data from NSDQ)

$16.79 USD

16.79
144,844

-0.11 (-0.65%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $16.80 +0.01 (0.06%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

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 D 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

Bottom 44% (140 out of 252)

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.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 141 153 119 104
Receivables NA 140 164 163 160
Notes Receivable NA 0 0 0 0
Inventories NA 290 278 298 311
Other Current Assets NA 75 65 59 44
Total Current Assets NA 646 658 639 618
Net Property & Equipment NA 148 144 142 143
Investments & Advances NA 28 29 47 47
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 42 41 3 2
Intangibles NA 313 311 315 318
Deposits & Other Assets NA 37 38 38 39
Total Assets NA 1,242 1,250 1,212 1,191
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 74 65 75 74
Current Portion Long-Term Debt NA 2 2 2 2
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 62 83 68 67
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 9 10 11 10
Total Current Liabilities NA 150 163 159 157
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 441 441 441 441
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 42 44 43
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 659 669 667 658
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 453 450 445 442
Retained Earnings NA 118 118 87 77
Other Equity NA 12 12 13 14
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 583 581 545 533
Total Liabilities & Shareholder's Equity NA 1,242 1,250 1,212 1,191
Total Common Equity 0 583 581 545 533
Shares Outstanding 40.60 40.60 40.40 40.40 40.40
Book Value Per Share 0.00 14.36 14.38 13.49 13.19