Varex Imaging (NASDAQ:VREX) Short Interest Update

Varex Imaging (NASDAQ:VREX) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,243,917 shares, an increase of 53.1% from the January 29th total of 812,433 shares. Based on an average trading volume of 505,636 shares, the days-to-cover ratio is presently 2.5 days. Currently, 3.1% of the company’s stock are sold short. Currently, 3.1% of the company’s stock are sold short. Based on an average trading volume of 505,636 shares, the days-to-cover ratio is presently 2.5 days.

Varex Imaging Stock Performance

Varex Imaging stock opened at $13.17 on Friday. The company has a fifty day moving average price of $13.30 and a two-hundred day moving average price of $12.22. The company has a debt-to-equity ratio of 0.75, a current ratio of 3.89 and a quick ratio of 1.87. Varex Imaging has a 12 month low of $6.76 and a 12 month high of $14.56. The company has a market cap of $551.82 million, a PE ratio of -8.03 and a beta of 0.90.

Varex Imaging (NASDAQ:VREX) last announced its earnings results on Tuesday, February 10th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. The firm had revenue of $209.60 million during the quarter, compared to analysts’ expectations of $207.83 million. Varex Imaging had a positive return on equity of 8.43% and a negative net margin of 7.92%.Varex Imaging has set its Q2 2026 guidance at 0.150-0.250 EPS. Research analysts expect that Varex Imaging will post 0.53 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on VREX shares. Wall Street Zen upgraded Varex Imaging from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Jefferies Financial Group restated a “hold” rating and issued a $14.50 price target on shares of Varex Imaging in a research note on Monday, February 2nd. Oppenheimer cut 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. Weiss Ratings reissued a “sell (d-)” rating on shares of Varex Imaging in a report on Monday, December 29th. Finally, B. Riley Financial reissued a “buy” rating on shares of Varex Imaging in a research report on Thursday, February 12th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $16.17.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. LSV Asset Management grew its stake in shares of Varex Imaging by 210.7% in the fourth quarter. LSV Asset Management now owns 1,244,329 shares of the company’s stock worth $14,496,000 after acquiring an additional 843,805 shares during the last quarter. Millennium Management LLC boosted its holdings in Varex Imaging by 119.8% in the 3rd quarter. Millennium Management LLC now owns 913,169 shares of the company’s stock valued at $11,323,000 after purchasing an additional 497,650 shares during the period. Qube Research & Technologies Ltd grew its position in Varex Imaging by 2,514.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 318,127 shares of the company’s stock worth $2,758,000 after purchasing an additional 305,961 shares during the last quarter. Deerfield Management Company L.P. bought a new position in shares of Varex Imaging during the 3rd quarter worth about $3,537,000. Finally, Neuberger Berman Group LLC raised its position in shares of Varex Imaging by 22.8% during the second quarter. Neuberger Berman Group LLC now owns 1,497,175 shares of the company’s stock valued at $12,974,000 after buying an additional 277,870 shares during the last quarter.

Varex Imaging Company Profile

Varex Imaging Corporation is a global provider of X-ray imaging components and solutions for the medical, security and industrial markets. The company designs, develops and manufactures a broad range of products that convert X-ray energy into high-resolution digital images. Its portfolio includes X-ray tubes, flat panel detectors, digital sensors, specialty radiographic tubes and related software, all engineered to meet the demanding requirements of original equipment manufacturers (OEMs) in diagnostic imaging, computed tomography (CT), fluoroscopy, mammography, dental radiography and non-destructive testing applications.

The company’s medical imaging offerings support a wide spectrum of clinical modalities, from portable radiography systems to advanced CT scanners, enhancing image quality and dose efficiency for healthcare providers.