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VREX

🏥 Healthcare

Varex Imaging Corporation

Conservative #1164Aggressive #1218Moderate Risk
$13.52-0.88%
Day High$13.82
Day Low$13.42
Volume0.2M
Mkt Cap$567M
52W Low $752W High $15
Market Cap
$574M
P/E Ratio
N/A
Rev Growth
4.1%
Sector avg: 161.5%
Earnings Growth
-47.4%
Profit Margin
-7.9%
Sector avg: -3292.7%
Debt/Equity
0.06

Why This Score

VREX scores 26.3 on the Conservative profile, blending a fundamental score (80% weight, emphasizing quality and stability (84% of fundamental weight)) with a machine-learning signal (20% weight) trained on 82 features across 30 years of data.

Strengths
  • Minimal leverage (D/E 0.06) provides financial flexibility and downside protection.
  • High conviction (83/100) — fundamental and ML signals agree on this stock.
Risk Factors
  • Liquidity concern: Limited trading volume or float results in a 5-point penalty for execution risk.
  • Above-average volatility (20.9%) may not suit conservative risk tolerance.

Moderate penalties (-5.4 points) reflect identified risk factors. The overall score balances these against the stock's fundamental strengths.

Score Breakdown

Overall Score26.3
Fundamental Score31.9
ML Score14.0

Score by Horizon

3 Month
50.9
6 Month
56.9
Primary
1 Year
59.8

Quality Assessment

F
Quality Grade
Low quality — significant fundamental weaknesses

Position Sizing

Suggested Allocation
3.8%
Confidence
high

Score Composition Waterfall

How each component affects the final score
Backtested Scoring Levers (IC-calibrated from 30y ElasticNet)
Weinstein (12.1%)
100
Advancing
Sentiment (2.5%)
51
Neutral
Analyst (6.4%)
67
Favorable
Tradability (post-hoc)
59
Grade Clow dollar volume
Base
23.4
SHAP
+1.2
Factors
+0.6
Conviction
+1.6
Divergence
-0.4
Final
26.3
Positive adjustment
Negative adjustment
Base blend
Final score

Factor Breakdown

35AVG
Value50
Quality5
Growth24
Stability62
Investment36

Signal SegmentsComputed from ML features

Fundamental (Valuation, Quality, Growth)43.0
Technical (Momentum, Weinstein, Volatility)61.0
External (Sentiment, Analyst, Macro)79.0
Scores below 50 indicate weakness in that segment relative to the universe.

Data Quality

Score
Features
Confidence
Feature Coverage89%

Growth Estimates

Short-term
-1.6% to +2.5%
Medium-term
-1.8% to +4.4%
Long-term
-2.0% to +6.3%

ML Model Core Features100 trained inputs → ML Score: 14

These features are direct inputs to the machine learning model. The model was trained on these signals alongside 100 features (including 12 momentum/technical indicators) to produce the ML percentile score.

Analyst Intelligence
Consensus Score66.7/100
Target Upside+8.6%
Coverage6 analysts
Market Sentiment
Sentiment Score50.6/100
News Volume1 articles
Technical Stage
Weinstein Stage2 — Advancing
12M Momentum+0.1%
6M Momentum+0.2%
Volatility+0.2%
Momentum & Technical
Momentum Acceleration-11.9%
Momentum ConsistencyModerate (0.30)
Relative Strength vs Sector-19.3%
Trend Strength (ADX Proxy)Weak (0.2)
Momentum Quality+0.032
Momentum BreadthBroad ✓
Macro Regime
Bull RegimeYes
High Vol RegimeNo
S&P 500 Return+25.0%
Yield Curve-0.1bp

Sector-Relative AnalysisIn-model features

Value Trap Signal
5%
Low risk
Sector RevGr Rank
P47
Revenue growth vs Healthcare peers
Sector PE Rank
P22
Valuation vs Healthcare peers
Sector FCF Rank
P47
Free cash flow vs Healthcare peers
Growth Deviation
-0.0σ
Z-score vs sector median
Stagnation Flag
NO
Not flagged

Analysis Signals

Scoring Factors
Fundamental score of 32 relative to sector peers32/100
Machine learning ensemble ranks this stock at the 14th percentileP14
Blended score: 80% fundamental (32) + 20% ML (14) = 28.328.3
Risk assessment: low. Low vol 0.2%; Drawdown 37% → 0.0ptLow
Earnings quality grade F: quality flags triggered — see details below. Score adjusted by 0 pointsGrade F
SHAP feature alignment: +1.2pt (features align with model priorities)SHAP
Conviction adj: +1.6pt (conviction=N/A)Conviction
Divergence penalty: -0.4pt (ML 18pt lower)Divergence
Risk Factors
Liquidity penalty: -5.0pt (grade C)Liquidity

Sector Peer Comparison(Healthcare — Rank #233 of 344 stocks)

StockScoreP/ERev GrowthMarginMkt Cap
VREX26.3N/A4.1%-7.9%$574M
INCY89.915.821.2%25.0%$19.6B
GMAB86.113.122.8%36.4%$17.9B
CPRX83.713.723.5%37.6%$3.0B
ASND78.316.698.0%-31.7%$13.8B
EXEL78.315.17.0%33.7%$11.9B
VRTX78.232.18.9%32.9%$121.8B
NBIX75.126.521.4%16.7%$13.1B
RPRX75.025.15.1%32.4%$19.3B
HOLX74.831.11.7%13.8%$16.8B
AMGN74.226.010.0%21.0%$204.8B
ARGX73.735.178.6%38.0%$47.4B
REGN73.019.41.0%31.4%$80.2B
ALKS72.916.5-6.4%23.9%$5.0B
ISRG72.761.720.5%28.4%$180.9B
KRYS71.541.4473.0%30.7%$7.9B
Sector Average36.641.9161.5%-3292.7%

Company Overviewvia FMP

Varex Imaging Corporation designs and manufactures X-ray imaging components. The company operates in two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys. This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, radiation therapy, oncology, CT, cardiac, surgery, dental, computer-aided detection, and other diagnostic radiography uses. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, and high voltage connectors for use in security and industrial inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive testing and examination in various applications. Varex Imaging Corporation sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. The company has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was founded in 2016 and is based in Salt Lake City, Utah.

CEO
Sunny S. Sanyal
Employees
2,300
Beta
0.88
Industry
Medical - Devices
FMP-Identified Peers

Technical Picturecomputed from daily prices

RSI (14)
44.8
Neutral
Trend
Bullish
10-day vs 50-day MA
From 52W High
-7.2%
High: $14.57
From 52W Low
+100%
Low: $6.76
Moving Averages
10-Day
$13.50
Above
20-Day
$13.70
Below
50-Day
$13.20
Above
200-Day
$10.90
Above
60-Day Support
$11.23
60-Day Resistance
$14.57
Weinstein Stage Analysisbased on 200-day SMA framework
Stage 2 — AdvancingScore: 81/100

Stock is in an uptrend above the 200-day moving average. This is the stage where institutional accumulation typically occurs. The 50-day SMA provides support.

Favorable technical position; 50-day SMA acts as support
Price vs 200 SMA
+24%
200 SMA Slope (60d)
+6.74%
Rising
Volume Ratio
0.89x
10d avg vs 50d avg
Days in Stage
66
Confidence: 90%

Financial Statementslast 4 quarters via FMP

MetricQ1 2026Q4 2025Q3 2025Q2 2025
Revenue$210M$229M$203M$213M
Gross Profit$70M$78M$68M$77M
Operating Income$15M$20M$-81M$22M
Net Income$2M$12M$-89M$7M
EPS (Diluted)$0.05$0.29$-2.15$0.13
Gross Margin33.3%34.0%33.3%36.0%
Operating Margin7.3%8.6%-39.8%10.4%
Net Margin1.1%5.3%-43.9%3.2%

Why This Stock

Healthcare

Tradability FilterGrade C — 59/100Score impact: -29.1pt

Volume
64
336K avg/day
Dollar Vol
43
$4M/day
Float
71
41M shares
Mkt Cap
31
$574M
Range
100
115% spread
Composite Liquidity Score59/100
FDCBA
low dollar volume

Multi-Year Range Analysis

Sideways: 0/100
YearLowHighRangeStatus
2021$20.18$32.6547.2%Wide
2022$18.90$32.4152.7%Wide
2023$17.05$23.9033.4%Moderate
2024$10.19$21.0669.6%Wide
2025$6.76$15.4678.3%Wide
3-Year Range
111.8%
Narrow Years
0 / 5
Sideways Penalty
None
Free Float
98.1%
Outstanding Shares
42M
Bid-Ask Spread
115.0%
Institutional Tradable
Limited

Scores are generated by a multi-stage ML pipeline combining fundamental analysis, ensemble predictions, and structural risk signals. All data is for research purposes only and does not constitute financial advice. Past performance does not guarantee future results.