Varian Medical Systems, Inc. (VAR) dropped -0.04% or -0.03 points to trade at $77.62 per share. As per the latest trading data available, the net money flow stood at $0.45 million as the shares received $0.67 million in upticks and gave away $0.23 million in downticks. The final up/down ratio was at 2.97. On a weekly basis, the stock has seen a change of -1.29%.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Varian Medical Systems, Inc. has lost 14.4% in the last five trading days and dropped 11.88% in the last 4 weeks. Varian Medical Systems, Inc. has dropped 12.81% during the last 3-month period . Year-to-Date the stock performance stands at -11.88%. Varian Medical Systems, Inc. (NYSE:VAR) rose 1.88% or 1.46 points on Wednesday and made its way into the gainers of the day. After trading began at $77.7 the stock was seen hitting $79.16 as a peak level and $77.42 as the lowest level. The stock ended up at $79.11. The daily volume was measured at 1,126,898 shares. The 52-week high of the share price is $94.482729 and the 52-week low is $64.803843. The company has a market cap of $7,393 million.
Company has reported several Insider transactions to the SEC, on Jan 6, 2017, Dow R Wilson (President and CEO) sold 13,334 shares at 88.74 per share price.On Dec 8, 2016, John W Kuo (SVP, Gen Counsel and Secretary) sold 1,267 shares at 90.33 per share price.On Nov 1, 2016, Timothy E Guertin (director) sold 4,000 shares at 90.05 per share price.
Varian Medical Systems Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $1.06. The company had revenue of $763.30 million for the quarter, compared to analysts expectations of $766.97 million. The companys revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.99 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Varian Medical Systems was Reiterated by Barrington Research on Jan 27, 2017 to Outperform, Lowers Price Target to $ 98 from a previous price target of $102 .Company shares were Reiterated by RBC Capital Mkts on Jan 23, 2017 to Sector Perform, Raises Price Target to $ 93 from a previous price target of $91 .
Varian Medical Systems, Inc. is a manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. It supplies tubes and digital detectors for X-ray imaging in medical, scientific, and industrial applications and also supplies X-ray imaging products for cargo screening and industrial inspection. Varian Medical Systems, Inc. is headquartered in Palo Alto, California.