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.

A number of analysts gave price targets for VAR. The maximum price target given was 119, implying potential capital gains of 15.35 percent. The lowest price target was 80, implying a possible loss of -22.45 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

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. Meanwhile, fiscal year estimates have been revised upwards by 0.13 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.8 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

VAR has an estimated earnings growth rate of 25.78 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. VAR has a PEG ratio of 1.29.

VAR has a 52-week high of 107.08 and a 52-week low of 75.94. Today's price is 35.84 percent above the 52-week low, and below the high by 3.66 percent. 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 market cap of VAR is $9.54 billion. VAR will post this quarters earnings in days, on 0000-00-00.