Varex Imaging (VREX) Projected to Post Earnings on Thursday

Varex Imaging (NASDAQ:VREX) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $202.15 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Varex Imaging Stock Up 5.9 %

Varex Imaging stock opened at $14.45 on Wednesday. The stock has a 50-day simple moving average of $14.65 and a 200-day simple moving average of $13.36. The company has a market capitalization of $595.77 million, a P/E ratio of -12.35 and a beta of 0.62. Varex Imaging has a fifty-two week low of $10.19 and a fifty-two week high of $19.91. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.97 and a current ratio of 3.32.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Varex Imaging from a “buy” rating to a “hold” rating in a research report on Thursday, January 30th.

About Varex Imaging

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.