Short Interest in Varex Imaging (NASDAQ:VREX) Increases By 53.1%

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

Analysts Set New Price Targets

Several analysts have recently weighed in on VREX shares. Jefferies Financial Group reissued a “hold” rating and set a $14.50 price objective on shares of Varex Imaging in a report on Monday, February 2nd. B. Riley Financial reiterated a “buy” rating on shares of Varex Imaging in a research note on Thursday, February 12th. Oppenheimer dropped their price objective on shares of Varex Imaging from $23.00 to $18.00 and set an “outperform” rating for the company in a research note on Wednesday, November 19th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Varex Imaging in a report on Monday, December 29th. Finally, Wall Street Zen raised shares of Varex Imaging from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Varex Imaging presently has an average rating of “Hold” and a consensus price target of $16.17.

Institutional Investors Weigh In On Varex Imaging

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Varex Imaging by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 2,989,847 shares of the company’s stock valued at $37,074,000 after purchasing an additional 126,396 shares during the last quarter. Cooke & Bieler LP raised its holdings in shares of Varex Imaging by 0.7% in the second quarter. Cooke & Bieler LP now owns 2,136,843 shares of the company’s stock valued at $18,526,000 after buying an additional 14,160 shares during the last quarter. Neuberger Berman Group LLC lifted its position in Varex Imaging by 1.4% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,518,674 shares of the company’s stock worth $18,810,000 after buying an additional 21,499 shares in the last quarter. LSV Asset Management grew its holdings in Varex Imaging by 210.7% during the 4th 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. Finally, Rice Hall James & Associates LLC increased its position in Varex Imaging by 19.1% in the 4th quarter. Rice Hall James & Associates LLC now owns 1,082,964 shares of the company’s stock valued at $12,617,000 after acquiring an additional 173,703 shares in the last quarter.

Varex Imaging Stock Down 2.6%

Shares of NASDAQ:VREX opened at $13.17 on Friday. The company’s fifty day moving average is $13.30 and its 200-day moving average is $12.22. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.87 and a current ratio of 3.89. Varex Imaging has a 52 week low of $6.76 and a 52 week high of $14.56. The company has a market capitalization 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 business had revenue of $209.60 million during the quarter, compared to analysts’ expectations of $207.83 million. Varex Imaging had a negative net margin of 7.92% and a positive return on equity of 8.43%. Varex Imaging has set its Q2 2026 guidance at 0.150-0.250 EPS. Equities research analysts predict that Varex Imaging will post 0.53 earnings per share for the current fiscal year.

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.