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.

Several price targets were given for VAR by the analysts covering the stock. The most optimistic price target was 119, implying potential capital gains of 15.35 percent. The lowest price target was 80, implying a possible loss of -22.45 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.53 percent. 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. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 1 analysts increased their estimates for the FY earnings, 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 people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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. Today's price is 35.84 percent above the 52-week low, and below the high by 3.66 percent. VAR has a price/earnings 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.