How to Buy Varex Imaging Stock
Varex Imaging Corp
Varex Imaging Corporation designs and manufactures X-ray imaging components. The company operates in two segments, Medical and Industrial.
Varex Imaging stock last closed at $16.79, down 0.65% from the previous day, and has decreased 4.49% in one year. It has overperformed other stocks in the Medical Devices industry by 0.11 percentage points. Varex Imaging stock is currently +1.02% from its 52-week low of $16.62, and -29.73% from its 52-week high of $23.90.
As of Apr 26, 2024, there are 40M shares of VREX outstanding. The market capitalization of VREX is $671.60M. In the last 24 hours, 144,844 VREX shares were traded.
How to Buy Varex Imaging Stock
Wondering how to invest in Varex Imaging stock? Here's how.
- Choose where to buy Varex Imaging stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Varex Imaging stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your method of payment and add your information.
- Analyze Varex Imaging stock: The Varex Imaging ticker symbol is VREX. Is Varex Imaging stock a good investment? Should you buy shares of VREX? How do VREX's underlying business fundamentals look? Do top analysts think Varex Imaging is a good buy? Why has VREX's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if VREX is a good stock to buy).
- Place your VREX purchase: Decide if you will purchase VREX shares at the current market price or use a limit order to purchase VREX shares at a given price.
- Watch your VREX position: Create a watchlist to track your new investment in Varex Imaging stock.
Step 1: Choose where to buy Varex Imaging stock
You will need a brokerage account to access the NASDAQ market and buy VREX stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you are able to buy VREX today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new brokerage account.
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Step 3: Deposit money your brokerage account
Now that you have finished signing up on a good online stock trading app, you can securely and quickly fund your account:
Watch this video walkthrough for more details depositing money into your brokerage account.
Step 4: Analyze Varex Imaging stock
After you have identified the best place to buy Varex Imaging stock, it's important to research their stock prior to investing, so you can understand the risk as well as the opportunity.
Varex Imaging Metrics
Varex Imaging Zen Score
WallStreetZen was created to help everyday investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on VREX's stock page.
Is VREX stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge VREX's fair value.
Using relative valuations ratios:
- VREX may be undervalued based on its P/E ratio of 15.13x, relative to Medical Devices industry P/E ratio of 28.63x
- VREX could be undervalued based on its P/B ratio of 1.18x, relative to Medical Devices industry P/B ratio of 3.7x
- VREX may be overvalued based on its PEG ratio of 1.2x
You can access more valuation research on VREX's stock here.
Is VREX a healthy company?
Signs that VREX is financially healthy:
- Total VREX debt is lower than 5 years ago, relative to shareholder equity.
- VREX's operating cash flow of $122.40M allows it to safely service it's debt of $469.70M.
- VREX profit margin has gone up from 3.7% to 5.1% in the past year.
- There are more short-term assets than short-term liabilities on the VREX balance sheet.
- There are more short-term assets than long-term liabilities on the VREX balance sheet.
Signs that VREX is not financially healthy:
- VREX has a relatively high debt to equity ratio of 1.16.
- VREX earnings of $67.80M is not sufficient to cover its interest payments.
Is Varex Imaging stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Equities analysts who monitor VREX, the consensus analyst rating on Varex Imaging is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Varex Imaging stock forecast page.
VREX Technicals
VREX Performance Metrics
Last year, VREX earnings were $44.60M. Over the last five year, VREX's earnings have grown by 17.29% per year. This was faster than the Medical Devices industry average of 8.55%.
Last year, VREX revenue was $877.80M. During the last 5 year, VREX's revenue has increased by 2.31% per year. This was slower than the Medical Devices industry average of 13.26%.
Dive into VREX's earnings and revenue performance here.
What are VREX executives and large shareholders up to?
In the last year, insiders at VREX have sold more shares than they have bought.
Kimberley E. Honeysett, SVP and CLO of VREX, was the latest VREX insider to sell. They sold $49,678.20 worth of VREX stock on Mar 15, 2024.
Get more info about who owns VREX shares here.
Does VREX provide a stable income stream?
No, Varex Imaging doesn't provide an income stream by paying out dividends.
VREX Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your VREX purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and your broker will execute the order.
If you need more info about buying stocks on eToro, watch the how to video below:
Step 6: Watch your VREX position
Now that you own some VREX stock, you'll want to stay up-to-date on your investment.
Add VREX to a watchlist to see the latest developments about your VREX stock.
VREX Feed
How to Buy Stock in Varex Imaging
To summarize, here are the 6 steps you need to take to buy Varex Imaging stock right now:
- Choose where to buy Varex Imaging stock
- Open a brokerage account
- Deposit money your brokerage account
- Analyze Varex Imaging stock
- Place your VREX purchase
- Watch your VREX position
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Varex Imaging, get started below.
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