VREX
Varex ImagingDNasdaq / Health Care Equipment & Services
Last Price
At close
2026-07-18
Current thesis
The constructive read is that Varex delivered revenue within its prior range, cited solid demand in CT, cargo systems, and photon counting detectors, and guided to second-half fiscal 2026 year-over-year growth despite excluding any IEEPA tariff refund from guidance. The March refinancing also removed the nearer-term 2027 note maturity overhang, which helps if operations firm from here.
Posture
Defensive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta +0.2.
What can break
Cash generation remains weak, with first-half operating cash flow negative $17.6 million and quarter-end cash, cash equivalents, and marketable securities down to $88.3 million from $155.1 million at fiscal year-end. [#10-Q-2026-05-07]
Momentum
22
Value
57
Sentiment
58
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $11.00 · Bull $14.50 · Bear $8.50
Data freshness
Prices
As of 2026-07-18
Fundamentals
As of 2026-07-17 • Vendor: Data Vendor v1
Scores
As of 2026-07-18 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-08 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-07-18
Investment thesis
As of 2026-07-18
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $18.00
Why
Momentum22 · Δ7d +7.8
Value57 · Δ7d +0.2
Sentiment58 · Δ7d +1.7
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Lead driver: Value · See fundamentals
Momentum
22
26% active weight
Current posture
7d trendImproving
Δ7d
+7.8
Δ21d
+4.5
Value
57
39% active weight
Current posture
7d trendFlat
Δ7d
+0.2
Δ21d
+0.1
Sentiment
58
34% active weight
Current posture
7d trendImproving
Δ7d
+1.7
Δ21d
-3.7
Why this grade
Composite grade D. Momentum 21.5 / Value 56.7 / Sentiment 57.5
Fundamentals (TTM)As of 2026-07-17
Fundamentals (TTM)
As of 2026-07-17
Market Cap
$444.16M
Beta
0.89
Shares Out
42.1M
P/E (TTM) · Derived
11.6
P/S (TTM)
0.61
P/FCF (TTM)
27.45
Rev YoY
+1.5%
EPS YoY
-243.1%
Gross Margin
+33.6%
Op Margin
-3.3%
Net Debt
$218.4M
Current Ratio
3.20
As of 2026-07-18 • Updated nightlySource: Internal modelMethodology