B. Riley Reaffirms “Buy” Rating for Varex Imaging (NASDAQ:VREX)

B. Riley reiterated their buy rating on shares of Varex Imaging (NASDAQ:VREX) in a research note published on Friday morning,Benzinga reports. B. Riley currently has a $22.00 target price on the stock, up from their prior target price of $21.00. B. Riley also issued estimates for Varex Imaging’s Q2 2025 earnings at $0.13 EPS, Q3 2025 earnings at $0.19 EPS and FY2026 earnings at $0.62 EPS.

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

Varex Imaging Stock Down 19.3 %

VREX opened at $12.27 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.97 and a current ratio of 3.32. The stock’s 50 day simple moving average is $14.54 and its 200 day simple moving average is $13.39. Varex Imaging has a 1 year low of $10.19 and a 1 year high of $18.30.

Varex Imaging (NASDAQ:VREX) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.03. Varex Imaging had a negative net margin of 5.79% and a positive return on equity of 3.96%. As a group, sell-side analysts anticipate that Varex Imaging will post 0.63 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Wealthfront Advisers LLC bought a new position in Varex Imaging in the fourth quarter worth $18,900,000. Inspire Advisors LLC increased its stake in shares of Varex Imaging by 22.5% in the 4th quarter. Inspire Advisors LLC now owns 17,334 shares of the company’s stock worth $253,000 after acquiring an additional 3,185 shares in the last quarter. Isthmus Partners LLC lifted its position in Varex Imaging by 0.8% during the 4th quarter. Isthmus Partners LLC now owns 149,874 shares of the company’s stock valued at $2,187,000 after acquiring an additional 1,260 shares during the period. AlphaQuest LLC boosted its stake in Varex Imaging by 1,124.8% during the fourth quarter. AlphaQuest LLC now owns 41,888 shares of the company’s stock worth $611,000 after acquiring an additional 38,468 shares in the last quarter. Finally, Inceptionr LLC purchased a new stake in Varex Imaging in the fourth quarter worth about $168,000.

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.