Varian Medical Systems, Inc. (NYSE:VAR)announced it has signed an asset purchase agreement to acquire the Boston Scientific portfolio of drug-loadable microsphere and bland embolic bead products for treating arteriovenous malformations and hypervascular tumors. When completed, this acquisition, in combination with the recent acquisitions of Endocare and Alicon, will expand Varian’s portfolio of multidisciplinary integrated cancer care solutions.
The
insider ownership percentage is the key indicator, can be used by investors, to
measure the outlook of senior management has on their company. Insider
ownership for the VAR is 0.20%. Institutional ownership refers to the ownership
stake in a company that is held by large financial organizations, pension funds
or endowments. The Institutional ownership for the VAR is 94.40%.
Insider trading is the buying or selling of any publicly traded company’s stock
and this can be done by someone who has non-public, material information about
that VAR. Insider trading can be illegal or legal depending on when the insider
makes the trade. It is illegal when the material information is still non-public.
The insider transactions of the company (6-month change in insider ownerships)
for the Varian Medical Systems, Inc. (NYSE:VAR) is -39.83%.
Institutional ownership is the amount of a Varian Medical Systems, Inc.
(NYSE:VAR)’s available stock owned by mutual or pension funds, insurance
companies, investment firms, private foundations, endowments or other large
entities that actually manage the funds on the behalf of others, so its an
interesting element for the traders to note it, and the Institutional ownership
for the VAR is -0.52%.
a Healthcare sector firm, Varian Medical Systems, Inc. (NYSE:VAR) stock gained
2.57% on Monday and when day-trade ended the stock finally concluded at $139.63
and number of shares that changed hands during the day are 563554. The number
of shares VAR stock currently held by all its shareholders are 91.00 and
floated shares, the number of shares are available for trading in an open
market on last trading day are 90.66. The average volume of shares for 3 months
is 555.78 and VAR stock value has moved between $101.18 – 142.48 in last one
year.
The Varian Medical Systems, Inc. (NYSE:VAR)’s latest earnings date is
7/24/2019. The Gross margin is the difference between the revenue and the cost
of goods sold (COGS), divided by revenue. In other words, Gross Margin is a
percentage value, while Gross Profit is a monetary value. The valuable gross
margin for Varian Medical Systems, Inc. (NYSE:VAR) is 42.40% and the profit
margin is 12.60% and the stock has gained 23.23% in 2019 to date.
U.S. traded shares of Varian Medical Systems, Inc. (NYSE:VAR)’s monthly stock
performance is 10.59%, the quarterly performance is -1.38%, the half year
performance is calculated as 24.68%. The yearly performance of VAR is 22.01%.
[finviz ticker=VAR]
The higher the volatility, the riskier the security.
For example, when the stock market rises and falls more than one percent over a
sustained period of time, it is called a “volatile” market, if the
stock price stays relatively stable, the security has low volatility. The Varian
Medical Systems, Inc. (NYSE:VAR) weekly volatility is measured as 2.01% and
monthly volatility measured as 1.76%.
Return on assets (ROA) is a main indicator of how profitable a company is
relative to its total assets. VAR return on assets is 11.60%, the return on
equity (ROE) of the Varian Medical Systems, Inc. (NYSE:VAR) is 23.50%, while
the most important return on investment is calculates as a percentage and is
typically used for personal financial decisions, and VAR return on investment
is 21.90%.
The price to earnings ratio is 34.07, price to sales ratio is 4.19, and price
to book ratio is 7.32, price to cash per share ration is 22.99, price to free
cash flow is 44.93.
Analysts mean target price for Varian Medical Systems, Inc. (NYSE:VAR) is
$148.57 while analysts mean recommendation is 2.20. The current share price
indicates that stock is -2.01% away from its one year high and is moving 37.68%
ahead of its 52-week low. VAR’s distance from 20 day simple moving average is
5.55% and distance from 50-Day simple moving average is 5.80%.
