VAREX IMAGING $VREX Shares Sold by Comerica Bank

Comerica Bank trimmed its position in shares of VAREX IMAGING (NASDAQ:VREX) by 60.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,628 shares of the company’s stock after selling 28,296 shares during the period. Comerica Bank’s holdings in VAREX IMAGING were worth $216,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Assenagon Asset Management S.A. increased its position in shares of VAREX IMAGING by 6.5% during the first quarter. Assenagon Asset Management S.A. now owns 113,573 shares of the company’s stock worth $1,317,000 after acquiring an additional 6,953 shares during the period. SG Americas Securities LLC purchased a new position in shares of VAREX IMAGING during the first quarter worth about $1,092,000. GAMMA Investing LLC grew its holdings in shares of VAREX IMAGING by 960.3% during the first quarter. GAMMA Investing LLC now owns 16,170 shares of the company’s stock worth $188,000 after purchasing an additional 14,645 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of VAREX IMAGING during the fourth quarter worth about $190,000. Finally, American Century Companies Inc. boosted its stake in shares of VAREX IMAGING by 231.4% during the first quarter. American Century Companies Inc. now owns 220,061 shares of the company’s stock worth $2,553,000 after buying an additional 153,659 shares during the period.

VAREX IMAGING Price Performance

VAREX IMAGING stock opened at $11.59 on Wednesday. VAREX IMAGING has a 52 week low of $6.76 and a 52 week high of $16.93. The company has a quick ratio of 1.82, a current ratio of 3.51 and a debt-to-equity ratio of 0.78. The firm’s 50-day simple moving average is $9.36 and its 200 day simple moving average is $9.37. The firm has a market capitalization of $480.99 million, a PE ratio of -3.61 and a beta of 0.87.

VAREX IMAGING (NASDAQ:VREX) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.14. VAREX IMAGING had a positive return on equity of 5.54% and a negative net margin of 16.13%.The firm had revenue of $203.00 million during the quarter, compared to the consensus estimate of $190.32 million. VAREX IMAGING has set its Q4 2025 guidance at 0.100-0.300 EPS. On average, equities research analysts predict that VAREX IMAGING will post 0.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

VREX has been the subject of a number of recent analyst reports. B. Riley restated a “buy” rating and issued a $16.00 price objective (up previously from $12.00) on shares of VAREX IMAGING in a research report on Friday, August 8th. Wall Street Zen downgraded shares of VAREX IMAGING from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 9th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, VAREX IMAGING has an average rating of “Buy” and an average price target of $19.50.

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.