Analyst Ratings for Varian Medical Systems Inc. (VAR)

Updated: 2017-07-26

Shares of Varian Medical Systems Inc. (NYSE:VAR) have received a consensus rating of Hold from Wall Street analysts. Last month, VAR received an average rating of Hold.

3 analysts declared VAR a buy, 0 issued an overweight rating, 8 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for VAR. The most optimistic price target was 119, implying potential capital gains of 15.35 percent. The most pessimistic analyst gave a price target of 80, which equates to a potential downside of -22.45 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.53 percent on average, compared to last month. That number becomes -2.06 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.13 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.8 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

VAR has an estimated earnings growth rate of 25.78 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. VAR has a PEG ratio of 1.29.

In the trailing 52-weeks, VAR hit 107.08 at the highest peak, while it's lowest trading point was 75.94. The current market price is above the trailing year's low by 35.84 percent, and 3.66 percent lower than its 52-week high. VAR has a P/E ratio of 33.27. Investors typically compare the P/E ratio to a company's peers in the industry. The VAR value stock report compares VAR to some of its peers using value stock charts. The stock has a market capitalization of $9.54 billion. VAR's next earnings release will be on 0000-00-00, which is days away.