Fintel stories that on May 24, 2023, Jefferies maintained protection of Varex Imaging (NASDAQ:VREX) with a Hold advice.
Analyst Price Forecast Suggests 65.77% Upside
As of May 11, 2023, the typical one-year value goal for Varex Imaging is 35.96. The forecasts vary from a low of twenty-two.22 to a excessive of $49.35. The common value goal represents a rise of 65.77% from its newest reported closing value of 21.69.
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The projected annual income for Varex Imaging is 913MM, a rise of three.75%. The projected annual non-GAAP EPS is 1.24.
What is the Fund Sentiment?
There are 453 funds or establishments reporting positions in Varex Imaging. This is a lower of 9 proprietor(s) or 1.95% within the final quarter. Average portfolio weight of all funds devoted to VREX is 0.10%, a lower of 11.94%. Total shares owned by establishments decreased within the final three months by 4.05% to 51,569K shares. 
The put/name ratio of VREX is 0.25, indicating a bullish outlook.
What are Other Shareholders Doing?
Shapiro Capital Management holds 3,040K shares representing 7.53% possession of the corporate. In it is prior submitting, the agency reported proudly owning 2,824K shares, representing a rise of seven.10%. The agency decreased its portfolio allocation in VREX by 7.77% over the past quarter.
Allspring Global Investments Holdings holds 2,959K shares representing 7.33% possession of the corporate. In it is prior submitting, the agency reported proudly owning 2,815K shares, representing a rise of 4.87%. The agency decreased its portfolio allocation in VREX by 8.59% over the past quarter.
IJR – iShares Core S&P Small-Cap ETF holds 2,957K shares representing 7.32% possession of the corporate. In it is prior submitting, the agency reported proudly owning 2,934K shares, representing a rise of 0.77%. The agency decreased its portfolio allocation in VREX by 11.96% over the past quarter.
JSIVX – Janus Henderson Small Cap Value Fund Class L holds 2,024K shares representing 5.01% possession of the corporate. In it is prior submitting, the agency reported proudly owning 2,210K shares, representing a lower of 9.19%. The agency decreased its portfolio allocation in VREX by 15.65% over the past quarter.
Cooke & Bieler holds 1,830K shares representing 4.53% possession of the corporate. In it is prior submitting, the agency reported proudly owning 1,819K shares, representing a rise of 0.62%. The agency decreased its portfolio allocation in VREX by 40.87% over the past quarter.
Varex Imaging Background Information
(This description is offered by the corporate.)
Varex Imaging Corporation is a number one innovator, designer and producer of X-ray imaging elements, which embrace X-ray tubes, digital detectors and different picture processing options which can be key elements of X-ray imaging techniques. With a 70+ yr historical past of profitable innovation, Varex’s merchandise are utilized in medical imaging in addition to various industrial functions. Global OEM producers incorporate Varex’s X-ray sources, digital detectors, connecting gadgets and imaging software program of their techniques to detect, diagnose, shield and examine. Headquartered in Salt Lake City, Utah, Varex employs roughly 2,000 individuals situated in North America, Europe, and Asia.
Key filings for this firm:
This story initially appeared on Fintel.
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