$11.61-0.04 (-0.34%)
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components.
Varex Imaging Corporation in the Healthcare sector is trading at $11.61. The stock is currently 20% below its 52-week high of $14.56, remaining 0.2% below its 200-day moving average. Technical signals show neutral RSI of 52 and bearish MACD signal, explaining why VREX maintains its current current market pressure. The Whystock Score of 15/100 signals elevated caution as indicators diverge.
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Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. It operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray t...
The consensus price target hints at a 63.2% upside potential for VAREX IMAGING (VREX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
VAREX IMAGING (VREX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The average of price targets set by Wall Street analysts indicates a potential upside of 57.6% in VAREX IMAGING (VREX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
The recent $2 adjustment in Varex Imaging’s price target, with fair value held at $18.40, has prompted a closer look at how the stock’s risk and earnings story is being framed. Bullish and bearish analysts are reading the same move in different ways, ranging from better alignment with the company’s risk profile to questions about how much of the future narrative is built into the new target. As you read on, you will see how to track these shifting assumptions and what they might mean for your...