Varian Medical Systems (VAR) Releases FY18 Earnings Guidance

Saturday, 13 Jan, 2018

Champlain Investment Partners Llc sold 49,490 shares as the company's stock rose 15.50% with the market. Schwab Charles Invest holds 0.04% or 454,550 shares. Suncoast Equity Management who had been investing in Home Depot for a number of months, seems to be bullish on the $224.79B market cap company. The stock increased 0.20% or $0.32 during the last trading session, reaching $163.98. About 472,392 shares traded. (NYSE:VAR) has risen 29.46% since January 12, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.

Varian Medical Systems (NYSE:VAR) last issued its earnings results on Wednesday, October 25th.

In related news, insider Dow R. Wilson sold 88,766 shares of the stock in a transaction that occurred on Monday, December 18th. The institutional investor held 30,517 shares of the health care company at the end of 2017Q3, valued at $3.05 million, down from 34,283 at the end of the previous reported quarter. South Texas Money Management Ltd who had been investing in Varian Medical Systems Inc for a number of months, seems to be less bullish one the $10.23B market cap company. The stock decreased 0.93% or $0.17 during the last trading session, reaching $18.13. The stock was sold at an average price of $90.33, for a total value of $114,448.11. Varian Med Sys Inc now has $10.35 billion valuation. (NYSE:VAR) opened at 80.28 on Friday. It has outperformed by 12.76% the S&P500. After having $1.09 EPS previously, Varian Medical Systems, Inc.'s analysts see -9.17% EPS growth. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company's stock. Therefore 83% are positive. The rating was downgraded by Robert W. Baird to "Neutral" on Tuesday, October 20. Finally, Americafirst Capital Management LLC bought a new stake in shares of Varian Medical Systems in the 3rd quarter worth approximately $665,000. (NYSE:VAR) has "Sell" rating given on Monday, September 28 by Goldman Sachs. RBC Capital Markets has "Hold" rating and $9600 target. (NYSE:VAR). Ubs Asset Americas accumulated 0.06% or 645,676 shares. Varian Medical Systems, Inc. As per Monday, January 23, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets with "Hold" on Monday, October 2. Barrington Research reinitiated Varian Medical Systems, Inc. The stock has "Sector Perform" rating by RBC Capital Markets on Thursday, April 27. The rating was downgraded by BTIG Research on Thursday, September 7 to "Neutral". (NYSE:HD) on Tuesday, November 28 to "Overweight" rating.

Since August 7, 2017, it had 0 insider purchases, and 13 insider sales for $16.98 million activity. GUERTIN TIMOTHY E sold 10,000 shares worth $1.11 million. Moreover, Fairpointe Capital Llc has 2.53% invested in the company for 1.28 million shares.

Investors sentiment increased to 1.02 in 2017 Q3. Its up 0.07, from 0.95 in 2017Q2. (NYSE:VAR) shares with value of $578,594 were sold by ECKERT R ANDREW. Finally, Old Mutual Global Investors UK Ltd. raised its stake in shares of Varian Medical Systems by 431.0% during the 3rd quarter. Qs Ltd accumulated 4,453 shares. New York-based Gamco Investors Inc Et Al has invested 0.15% in Twin Disc, Incorporated (NASDAQ:TWIN). (NYSE:VAR). Macquarie Grp has 10,400 shares for 0% of their portfolio. Rhumbline Advisers reported 217,603 shares. Numeric Invsts Limited Liability Corporation invested in 3,200 shares or 0% of the stock. The stock of The Home Depot, Inc. Needham Inv Mngmt Limited Liability Co reported 29,800 shares. Washington Cap Mngmt Inc holds 0.49% in Varian Medical Systems, Inc. (NYSE:VAR). Moreover, Johnson Finance Incorporated has 0% invested in Varian Medical Systems, Inc. (NYSE:VAR). Sweden-based Nordea Investment Ab has invested 0.13% in Varian Medical Systems, Inc. Evercore ISI assumed coverage on shares of Varian Medical Systems in a report on Wednesday, January 3rd. (NYSE:VAR) for 6,812 shares. Cohen Klingenstein Limited Co holds 18,000 shares or 0.27% of its portfolio. Decatur Capital Management Inc., a Georgia-based fund reported 337,670 shares. Croft has 2,360 shares.

Qv Investors Inc, which manages about $1.19 billion US Long portfolio, upped its stake in Now Inc (NYSE:DNOW) by 674,348 shares to 2.18 million shares, valued at $30.08M in 2017Q3, according to the filing. Brinker Cap holds 1,792 shares. Jefferies maintained Varian Medical Systems, Inc. (NYSE:VAR) on Sunday, September 10 with "Buy" rating. They expect $0.99 earnings per share, up 32.00% or $0.24 from last year's $0.75 per share. CBPX's profit will be $12.07 million for 24.10 P/E if the $0.32 EPS becomes a reality. After $1.09 actual EPS reported by Varian Medical Systems, Inc. for the previous quarter, Wall Street now forecasts -9.17% negative EPS growth. About 4.72 million shares traded. It also increased its holding in Beacon Roofing Supply Inc (NASDAQ:BECN) by 7,284 shares in the quarter, for a total of 44,784 shares, and has risen its stake in Pinnacle Financial Partners (NASDAQ:PNFP). As per Wednesday, October 5, the company rating was maintained by Jefferies. Therefore 14% are positive. Fluor Corporation had 47 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Incyte Corporation (NASDAQ:INCY) has "Hold" rating given on Tuesday, June 6 by Oppenheimer. The firm earned "Hold" rating on Friday, October 27 by Jefferies. Canaccord Genuity maintained the shares of FLR in report on Monday, July 31 with "Buy" rating. As per Thursday, September 21, the company rating was upgraded by HSBC. The stock has "Neutral" rating by Credit Suisse on Friday, November 3. Continental Building Products, Inc. The firm earned "Buy" rating on Thursday, January 26 by Citigroup. The firm has "Hold" rating given on Wednesday, August 19 by S&P Research. The rating was upgraded by Goldman Sachs to "Buy" on Friday, July 15.

Investors sentiment decreased to 1.06 in 2017 Q3. Its up 0.07, from 0.95 in 2017Q2. 35 funds opened positions while 129 raised stakes. (NASDAQ:DORM). Fifth Third Fincl Bank owns 761 shares. Company insiders own 0.91% of the company's stock. Everett Harris & Ca stated it has 8,790 shares or 0.03% of all its holdings. Livforsakringsbolaget Skandia Omsesidigt holds 0.03% of its portfolio in Incyte Corporation (NASDAQ:INCY) for 3,200 shares. Allen Investment Mgmt Limited Liability Com holds 0.04% or 7,351 shares. (NYSE:CBPX). Qs Limited Company has invested 0.02% in Continental Building Products, Inc. Etrade Lc has 0.02% invested in Dorman Products, Inc. Ngam Advsrs LP reported 0.07% stake. (NASDAQ:DORM). 50,755 were accumulated by Wells Fargo Mn. Moreover, First Republic Investment Management has 0.01% invested in Fluor Corporation (NYSE:FLR) for 16,686 shares.