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Varian Medical Systems, Inc.

VAR.N

Latest Trade

115.96USD

Change

-1.48(-1.26%)

Volume

139,775

Today's Range

115.78

 - 

117.66

52 Week Range

101.44

 - 

142.50

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
117.44
Open
117.25
Volume
139,775
3M AVG Volume
14.86
Today's High
117.66
Today's Low
115.78
52 Week High
142.50
52 Week Low
101.44
Shares Out (MIL)
91.06
Market Cap (MIL)
10,694.17
Forward P/E
25.25
Dividend (Yield %)
--

Next Event

Q4 2019 Varian Medical Systems Inc Earnings Release

Latest Developments

More

Varian Expects To Benefit From Linear Accelerator Tariff Exclusion In China

Varian Announces Immaterial Impact Of Newly Proposed Tariffs

Varian Q3 NON-GAAP Earnings Per Share $1.32

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About Varian Medical Systems, Inc.

Varian Medical Systems, Inc. is a manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, cardiac radioablation, radiosurgery, proton therapy and brachytherapy. The Company also has Varian Particle Therapy (VPT) and the operations of the Ginzton Technology Center (GTC). Its VPT business develops, designs, manufactures, sells and services products and systems for delivering proton therapy, another form of external beam radiotherapy using proton beams for the treatment of cancer. Its ProBeam system is capable of delivering intensity modulated proton therapy (IMPT) using pencil beam scanning technology. Its ProBeam Compact is a single room proton therapy product. Through its subsidiary, Cooperative CL Enterprises, the Company distributes radiotherapy equipments in Taiwan.

Industry

Medical Equipment & Supplies

Contact Info

3100 Hansen Way Bldg 4A

+1.650.4934000

https://www.varian.com/

Executive Leadership

R. Andrew Eckert

Independent Chairman of the Board

Dow R. Wilson

President, Chief Executive Officer, Director

Timothy E. Guertin

Independent Vice Chairman of the board

Gary E. Bischoping

Chief Financial Officer, Senior Vice President - Finance

Chris A. Toth

President - Varian Oncology Systems

Key Stats

2.25 mean rating - 8 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

3.2K

2017

2.7K

2018

2.9K

2019(E)

3.2K
EPS (USD)

2016

4.680

2017

3.600

2018

4.420

2019(E)

4.651
Price To Earnings (TTM)
31.86
Price To Sales (TTM)
3.40
Price To Book (MRQ)
6.13
Price To Cash Flow (TTM)
25.74
Total Debt To Equity (MRQ)
23.00
LT Debt To Equity (MRQ)
0.00
Return on Investment (TTM)
17.30
Return on Equity (TTM)
9.53

Latest News

Australia's Sirtex clears U.S. regulatory hurdle for Chinese buyout

Liver cancer treatment maker Sirtex Medical <SRX.AX> said on Monday that the U.S. Federal Trade Commission cleared its $1.4 billion buyout by a Chinese consortium, clearing a major hurdle for the deal to go through.

Australia's Sirtex picks $1.4 billion Chinese bid over Varian offer

Australia's Sirtex Medical <SRX.AX> has picked the highest bidder in a takeover battle for the liver cancer specialist, going with a $1.4 billion Chinese offer that trumped U.S. company Varian Medical Systems <VAR.N>.

BRIEF-Sirtex Responds To Varian Release On CDH's Competing Bid

* BOARD CONSIDERING RELATIVE MERITS AND RISKS OF CDH PROPOSAL AND VARIAN MEDICAL SYSTEMS SCHEME

Varian says will not match Chinese bid for Australia's Sirtex

Varian Medical Systems <VAR.N> said it would not increase its offer to buy Australian liver cancer treatment provider Sirtex Medical Ltd <SRX.AX> after Sirtex on Tuesday said Chinese private equity firm CDH Investments had submitted a formal bid.

BRIEF-Varian notifies Sirtex it will not submit a counterproposal to competing bid

* VARIAN NOTIFIES SIRTEX IT WILL NOT SUBMIT A COUNTERPROPOSAL TO COMPETING BID

BRIEF-Varian Acquires Taiwan Distributor

* VARIAN MEDICAL SYSTEMS INC - ACQUIRED COOPERATIVE CL ENTERPRISES, A DISTRIBUTOR OF RADIOTHERAPY EQUIPMENT IN TAIWAN Source text for Eikon: Further company coverage:

Chinese firm makes last-minute $1.4 billion offer for Australia's Sirtex, trumps Varian

Chinese private equity firm CDH Investments lobbed a last-minute $1.4 billion offer for Australian liver-cancer treatment firm Sirtex Medical <SRX.AX>, trumping Varian Medical Systems <VAR.N> days before the U.S. firm was set to seal a takeover deal.

Australia's Sirtex gets $1.4 bln takeover offer from China's CDH Investments

Australia's Sirtex Medical said on Friday China's CDH Investments has made an offer to buy all shares of the company for A$1.87 billion ($1.41 billion), or A$33.6 per share, in cash.

BRIEF-S&P Dow Jones Indices Says it Will Remove Sirtex Medical From S&P/ASX 200 After Acquisition By Varian Medical

* WILL REMOVE SIRTEX MEDICAL LTD FROM THE S&P/ASX 200 AFTER CO IS ACQUIRED BY VARIAN MEDICAL SYSTEMS, INC Source text for Eikon: Further company coverage:

BRIEF-Varian Medical Q2 Non-GAAP EPS $1.15 From Continuing Operations

* VARIAN REPORTS RESULTS FOR SECOND QUARTER OF FISCAL YEAR 2018

BRIEF-Varian Calypso Anchored Beacon Transponder For Lung Receives FDA 510K Clearance

* VARIAN CALYPSO ANCHORED BEACON TRANSPONDER FOR LUNG RECEIVES FDA 510K CLEARANCE Source text for Eikon: Further company coverage:

BRIEF-Varian Medical Systems Replaced $600 Mln Revolving Credit Facility With Revolving Credit Facility, Terminated Credit Agreement Entered On Sept 1

* REPLACED $600 MILLION REVOLVING CREDIT FACILITY WITH REVOLVING CREDIT FACILITY, TERMINATED CREDIT AGREEMENT ENTERED ON SEPT 1, 2017

BRIEF-Sirtex Medical Updates On FIRB Approval Regarding Acquisition Of Co By Varian Medical Systems

* ANNOUNCES FIRB HAS DECIDED THAT COMMONWEALTH OF AUSTRALIA HAS NO OBJECTION TO VARIAN MEDICAL SYSTEMS TO ACQUIRE SIRTEX Source text for Eikon: Further company coverage:

BRIEF-Medicalsystem Biotechnology To Increase Investment In U.S. Unit SD Medical System Inc

* SAYS IT PLANS TO INCREASE INVESTMENT IN U.S. UNIT SD MEDICAL SYSTEM INC BY $50 MILLION TO $100 MILLION Source text in Chinese: https://bit.ly/2DVj3n1 Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-Varian Acquires Evinance Innovation Inc

* VARIAN ACQUIRES EVINANCE INNOVATION, INC. Source text for Eikon: Further company coverage:

BRIEF-Varian Halcyon Treatment System Receives AERB Certificate For Import & Supply In India

* VARIAN HALCYON TREATMENT SYSTEM RECEIVES AERB CERTIFICATE FOR IMPORT & SUPPLY IN INDIA

BRIEF-Varian Acquires Mobius Medical Systems

* VARIAN SAYS IT HAS ACQUIRED PRIVATELY-HELD MOBIUS MEDICAL SYSTEMS Source text for Eikon: Further company coverage:

UPDATE 3-Varian Medical swoops on Australia's Sirtex in $1.3 bln cash deal

* Varian shares fall 0.65 pct (Updates with shares, Sirtex CEO quote)

Varian Medical Systems to buy Australia's Sirtex Medical for about $1.3 bln

Sirtex Medical Ltd said on Tuesday it has struck a deal with Varian Medical Systems under which Varian agreed to buy the Australian medical device company in a deal that valued it at about A$1.6 billion ($1.29 billion).

BRIEF-Varian Says Signs Agreement To Acquire Sirtex

* ACQUISITION HAS BEEN UNANIMOUSLY APPROVED BY BOARD OF DIRECTORS OF EACH COMPANY Source text for Eikon: Further company coverage:

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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