
Varex Imaging Corporation
Varex Imaging Corporation is a designer and manufacturer of X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems. The Companyβs segments include Medical and Industrial. Its Medical segment designs, manufactures, sells and services X-ray imaging components, including X-ray tubes, flat panel and photon-counting detectors and accessories, high-voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and coolers. Its Industrial segment designs, develops, manufactures, sells, and services X-ray imaging products for use in a number of applications, including security applications for cargo screening at ports and borders, baggage screening at airports, and nondestructive testing, irradiation, and inspection applications used in a number of other verticals.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Varex Imaging's stock with a target price of $23.25, indicating strong potential.
Financial Health
Varex Imaging is showing strong revenue and cash flow, indicating solid financial performance.
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Explore BasketWhy Youβll Want to Watch This Stock
Medical imaging demand
Ageing populations and diagnostic upgrades can drive steady demand for imaging components, though capital spending cycles can introduce volatility.
Component supplier role
Longstanding OEM relationships and specialised technology are strengths, but margins and order timing can vary with competitive and supply pressures.
Industrial and global reach
Sales span medical and industrial markets across regions, offering diversification, though global exposure brings currency and regulatory considerations.
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