Rice Hall James & Associates LLC Acquires 191,854 Shares of Varex Imaging $VREX

Rice Hall James & Associates LLC boosted its stake in shares of Varex Imaging (NASDAQ:VREX) by 17.7% during the 1st quarter, HoldingsChannel reports. The fund owned 1,274,818 shares of the company’s stock after purchasing an additional 191,854 shares during the period. Rice Hall James & Associates LLC’s holdings in Varex Imaging were worth $13,526,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rockefeller Capital Management L.P. purchased a new stake in Varex Imaging in the 4th quarter worth about $27,000. Quarry LP purchased a new position in Varex Imaging during the 3rd quarter worth $64,000. BNP Paribas Financial Markets raised its holdings in shares of Varex Imaging by 18.5% in the second quarter. BNP Paribas Financial Markets now owns 13,045 shares of the company’s stock valued at $113,000 after acquiring an additional 2,036 shares in the last quarter. Aquatic Capital Management LLC bought a new position in Varex Imaging during the 3rd quarter worth about $117,000. Finally, Cerity Partners LLC purchased a new position in Varex Imaging during the second quarter valued at approximately $123,000.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VREX. Zacks Research raised shares of Varex Imaging from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Varex Imaging in a research note on Wednesday, June 24th. Finally, Wall Street Zen upgraded shares of Varex Imaging from a “hold” rating to a “buy” rating in a research note on Saturday, July 4th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Varex Imaging presently has an average rating of “Moderate Buy” and a consensus price target of $16.17.

Varex Imaging Trading Up 1.9%

Shares of NASDAQ:VREX opened at $10.92 on Friday. The firm has a market capitalization of $459.73 million, a price-to-earnings ratio of -5.46 and a beta of 0.90. The business’s 50 day moving average price is $10.44 and its 200-day moving average price is $11.64. The company has a debt-to-equity ratio of 0.67, a current ratio of 3.20 and a quick ratio of 1.43. Varex Imaging has a 1 year low of $6.76 and a 1 year high of $14.56.

Varex Imaging (NASDAQ:VREX) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The company had revenue of $216.00 million for the quarter, compared to analyst estimates of $216.92 million. Varex Imaging had a positive return on equity of 8.19% and a negative net margin of 9.64%.Varex Imaging has set its Q3 2026 guidance at 0.150-0.300 EPS. On average, equities research analysts forecast that Varex Imaging will post 0.93 earnings per share for the current fiscal year.

About Varex Imaging

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.