Varex Imaging $VREX Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its stake in Varex Imaging (NASDAQ:VREX) by 37.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,439 shares of the company’s stock after selling 35,685 shares during the quarter. SG Americas Securities LLC’s holdings in Varex Imaging were worth $507,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its holdings in Varex Imaging by 25.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 13,104 shares of the company’s stock valued at $115,000 after buying an additional 2,659 shares in the last quarter. Fox Run Management L.L.C. boosted its stake in shares of Varex Imaging by 11.6% during the 1st quarter. Fox Run Management L.L.C. now owns 32,011 shares of the company’s stock worth $371,000 after acquiring an additional 3,320 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Varex Imaging by 58.0% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,279 shares of the company’s stock worth $131,000 after acquiring an additional 4,139 shares during the period. State of Wyoming increased its stake in Varex Imaging by 42.0% in the 1st quarter. State of Wyoming now owns 16,626 shares of the company’s stock valued at $193,000 after purchasing an additional 4,918 shares in the last quarter. Finally, Quarry LP acquired a new position in Varex Imaging during the first quarter worth $63,000.

Varex Imaging Trading Up 3.2%

Shares of VREX stock opened at $11.57 on Thursday. The company has a market capitalization of $482.47 million, a price-to-earnings ratio of -6.81 and a beta of 0.98. The company has a current ratio of 3.43, a quick ratio of 1.83 and a debt-to-equity ratio of 0.75. The firm has a 50-day moving average price of $11.76 and a 200 day moving average price of $9.94. Varex Imaging has a twelve month low of $6.76 and a twelve month high of $16.93.

Varex Imaging (NASDAQ:VREX) last issued its quarterly earnings results on Tuesday, November 18th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.19. The business had revenue of $228.90 million during the quarter, compared to the consensus estimate of $219.26 million. Varex Imaging had a negative net margin of 8.32% and a positive return on equity of 7.19%. Varex Imaging has set its Q1 2026 guidance at 0.050-0.250 EPS. Research analysts forecast that Varex Imaging will post 0.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

VREX has been the topic of several research reports. B. Riley reissued a “buy” rating and issued a $16.00 target price on shares of Varex Imaging in a report on Wednesday, November 19th. Wall Street Zen upgraded shares of Varex Imaging from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 22nd. Weiss Ratings restated a “sell (d-)” rating on shares of Varex Imaging in a report on Tuesday. Finally, Oppenheimer reduced their price target on shares of Varex Imaging from $23.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, November 19th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $17.00.

Varex Imaging 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.