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 highest price target was 119, implying potential capital gains of 15.35 percent. The minimum price target given was 80, which equates to a potential downside of -22.45 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.53 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.06 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.13 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.8 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of VAR's earnings is estimated by analysts to be 25.78 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of VAR is 1.29.

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