VRAY - ViewRay, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
2.5200
-0.1200 (-4.55%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close2.6400
Open2.5900
Bid2.4500 x 4000
Ask2.5500 x 1800
Day's Range2.4352 - 2.6600
52 Week Range2.1200 - 9.7600
Volume1,619,092
Avg. Volume2,474,492
Market Cap248.17M
Beta (3Y Monthly)1.82
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Wall Street Expects These 2 Falling Knives to Recover
    GuruFocus.com

    Wall Street Expects These 2 Falling Knives to Recover

    KLX Energy Services and ViewRay have moderate debt-equity ratios Continue reading...

  • Thomson Reuters StreetEvents

    Edited Transcript of VRAY earnings conference call or presentation 8-Aug-19 8:30pm GMT

    Q2 2019 ViewRay Inc Earnings Call

  • ViewRay (NASDAQ:VRAY) Has Debt But No Earnings; Should You Worry?
    Simply Wall St.

    ViewRay (NASDAQ:VRAY) Has Debt But No Earnings; Should You Worry?

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • Thomson Reuters StreetEvents

    Edited Transcript of VRAY earnings conference call or presentation 14-Mar-19 8:30pm GMT

    Q4 2018 ViewRay Inc Earnings Call

  • Are Options Traders Betting on a Big Move in ViewRay (VRAY) Stock?
    Zacks

    Are Options Traders Betting on a Big Move in ViewRay (VRAY) Stock?

    Investors need to pay close attention to ViewRay (VRAY) stock based on the movements in the options market lately.

  • Why ViewRay Stock Fell 56% in August
    Motley Fool

    Why ViewRay Stock Fell 56% in August

    It was a perfect storm of problems for the medical-equipment manufacturer.

  • Before You Buy ViewRay, Inc. (NASDAQ:VRAY), Consider Its Volatility
    Simply Wall St.

    Before You Buy ViewRay, Inc. (NASDAQ:VRAY), Consider Its Volatility

    If you own shares in ViewRay, Inc. (NASDAQ:VRAY) then it's worth thinking about how it contributes to the volatility...

  • Here's Why ViewRay Stock Is Surging Again
    Motley Fool

    Here's Why ViewRay Stock Is Surging Again

    Shares continue to rebound after an SEC filing reveals that an insider has been quietly adding to his position.

  • GuruFocus.com

    Viewray Inc (VRAY) President & CEO Scott William Drake Bought $500,101 of Shares

    President & CEO of Viewray Inc (30-Year Financial, Insider Trades) Scott William Drake (insider trades) bought 131,260 shares of VRAY on 08/13/2019 at an average price of $3.81 a share. Continue reading...

  • Why Roku, GTT Communications, and ViewRay Jumped Today
    Motley Fool

    Why Roku, GTT Communications, and ViewRay Jumped Today

    Momentum carried one of these stocks higher, while two others bounced back from tough hits recently.

  • Is the Options Market Predicting a Spike in ViewRay (VRAY) Stock?
    Zacks

    Is the Options Market Predicting a Spike in ViewRay (VRAY) Stock?

    Investors need to pay close attention to ViewRay (VRAY) stock based on the movements in the options market lately.

  • Why ViewRay Stock Is Bouncing Back Today
    Motley Fool

    Why ViewRay Stock Is Bouncing Back Today

    Shares start to rebound after a gut-wrenching decline.

  • 3 High-Upside Tech Stocks Top Analysts Love
    TipRanks

    3 High-Upside Tech Stocks Top Analysts Love

    It seems that everyone wants to invest in tech these days. While the trade news from China has stoked fears about tech’s international exposure, the tech-heavy NASDAQ is still up 20% year-to-date. Tech is the go-to sector, getting headlines and analyst attention, and sometimes generating tremendous returns that justify the buzz.But not everyone has the budget to put down the four-figure share price for Alphabet or Amazon. Here we look at three tech stocks for value-conscious investors. These small-cap stocks present a low-cost option for entering the tech sector, and high upsides to make it worthwhile. NeoPhotonics Corporation (NPTN)Optoelectronics, using lasers, optical semiconductors, and photonic circuits to transmit and receive data streams in the high-volume 200+ gigabyte per second range, are the current leading edge in data transmission, and NeoPhotonics is a leader in the field. The company reported earnings last week, and beat the estimates by 70%. Analysts had expected the company to lose 10 cents per share, but the loss came in at 3 cents even though the quarterly revenues of $81.69 million just missed the forecast.NPTN was hit hard by the US-China trade tensions, especially as it is a major supplier for Chinese smartphone maker Huawei. Huawei was sanctioned by the US Administration, both as retaliation for intellectual property theft and as a protectionist measure for US network device makers. At the same time, there are positive reasons why this company is on the analysts’ radar.Michael Genovese (a 4-star analyst according to TipRanks) of MKM Partners noted the Huawei exposure, adding, “The company has determined that most of the products it ships to Huawei are not subject to the Entity List restrictions, with good demand being seen for its 100G/200G products. We see 28% sequential increase in sales to the company's next four largest customers after Huawei, and demand trends are strong across Telecom and DCI applications.” Genovese raised his price target on NPTN to $7, suggesting a 14% upside to the stock.He wasn’t the only analyst to take an upbeat message from NeoPhotonic’s quarterly report. Jun Zhang (a 4-star analyst), from Rosenblatt Securities, also rates the stock a buy, with a high $10 price target. Zhang wrote: “NeoPhotonics saw strong demand in the DCI and metro markets from Western customers... In addition, 400G related products ramped quickly, while 25G EML lasers are seeing a strong ramp and now account for 10% of revenue. We expect NeoPhotonics to continue to benefit from the initial deployment of 400G/600G networks.” Zhang’s price target implies an impressive 63% upside potential for NPTN.NeoPhotonics shares jumped 46% after the Q2 report, and now stand at $6.10. The average price target, $7.71, indicates a potential upside of 26%. The stock has a Strong Buy rating from the analyst consensus, with 6 buys and 1 hold given in the past three months. nLight, Inc. (LASR)Also an industrial and optoelectronic laser company, nLight’s business has also suffered from China exposure. But where NeoPhotonics reported a quarterly loss, nLight reported a gain of 5 cents per share. That still represented a 16% miss, but the quarterly revenues of $48.05 million were in line with expectations.While nLight’s stock has dropped sharply in the past year, the company remains profitable and analysts see the headwinds easing in the longer-term. DA Davidson’s Thomas Diffely (a 5-star analyst according to TipRanks) pointed out the pressures, including industry concerns over US-China trade issues, increased pricing pressure from China’s domestic competitors, and a slowing industrial laser market. On the positive side, he says, “[LASR’s] Aerospace and Defense segment remains a bright spot with its sixth consecutive quarter of double-digit growth.” That’s enough for him to maintain his buy rating on the stock, with a $20 price target and a 37% upside.Agreeing with Difflely on the bullish prospects for LASR are Needham’s James Ricchiuti (a 5-star analyst) and Stifel’s Patrick Ho (a 5-star analyst). They set price targets of $19 and $24, respectively.LASR shares are the highest priced of the stocks were looking at here, currently trading at $14.60. The stock has an average price target of $19.33 and a potential upside of 32%. The Moderate Buy analyst consensus rating comes from 4 buys and 3 holds given over the past three months. ViewRay, Inc. (VRAY)ViewRay is a pioneer in medical imagery, developing MRI technology to provide real-time imaging to improve the accuracy and delivery of radiation treatments, allowing greater benefits to the patient from lower radiation doses. And like many high-tech companies at the cutting edge of their fields, ViewRay has consistently reported quarterly losses. At the same time, high revenues offer a compelling bull case for VRAY.Losses aren’t necessarily cause for concern, as they are usually baked into the pricing of tech startups. ViewRay took a 32 cent per share hit in Q2, but on a positive note, revenue was up. The quarterly revenue of $30.17 million beat the estimate by 12.57% and was nearly double the year-ago quarter’s $16.44 million.That strong revenue beat carried the day, as far as Wall Street’s analysts were concerned. Buy pushing down the stock price – VRAY dropped from $9 to $3 after the quarterly release – the earnings report has opened up a buying opportunity for this stock. Jefferies analyst Anthony Petrone (a 4-star analyst) lists everything that went wrong for ViewRay in the quarter before coming to his conclusion: “We remain positive on the long-term prospects for MRIdian. Keep a Buy rating on ViewRay.” His price target, $7, underlines his optimism with an upside of 125%.Writing from Northland Securities, Suraj Kalia (a 4-star analyst) noted, “Unit orders beginning Q1-18 have been 4, 6, 6, 8, 7, and 3, respectively. Our FY19 unit order estimate goes to 24 units (from 31). FY20 unit orders @ 54 remains unchanged.” Kalia’s $5 price target suggests a 61% upside.The most optimistic take on VRAY comes from Andrew D’silva (a 3-star analyst) of B. Riley FBR. D’silva points out that, despite growing competition, ViewRay has more product installations during the quarter than expected: “The top-line beat was primarily due to VRAY installing 5 MRIdian Linacs versus our expectation for 4.” He gives the stock a $9 price target, suggesting an impressive 190% upside.Overall, VRAY has a Strong Buy from the analyst consensus, based on a unanimous 7 buy ratings. The stock is priced at $3.10, and the average price target of $7.86 gives it a 153% upside.Visit TipRanks’ Top Analysts page to find out which stocks are stirring up notice on the Street.

  • ViewRay, Inc. (VRAY) Q2 2019 Earnings Call Transcript
    Motley Fool

    ViewRay, Inc. (VRAY) Q2 2019 Earnings Call Transcript

    VRAY earnings call for the period ending June 30, 2019.

  • Why ViewRay Stock Is Being Mauled Today
    Motley Fool

    Why ViewRay Stock Is Being Mauled Today

    Traders are fleeing after the company reports mixed second-quarter results and slashes full-year guidance.

  • ViewRay Option Bear Makes Millions Overnight
    Schaeffer's Investment Research

    ViewRay Option Bear Makes Millions Overnight

    One trader placed a well-timed bet ahead of earnings

  • ViewRay (VRAY) Reports Q2 Loss, Tops Revenue Estimates
    Zacks

    ViewRay (VRAY) Reports Q2 Loss, Tops Revenue Estimates

    ViewRay (VRAY) delivered earnings and revenue surprises of -39.13% and 12.57%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Will ViewRay (VRAY) Report Negative Earnings Next Week? What You Should Know
    Zacks

    Will ViewRay (VRAY) Report Negative Earnings Next Week? What You Should Know

    ViewRay (VRAY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Have Insiders Been Buying ViewRay, Inc. (NASDAQ:VRAY) Shares This Year?
    Simply Wall St.

    Have Insiders Been Buying ViewRay, Inc. (NASDAQ:VRAY) Shares This Year?

    We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...

  • Motley Fool

    Healthcare: 3 Little-Known Medical Device Makers

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  • 5 Stellar Stocks For Under $10
    TipRanks

    5 Stellar Stocks For Under $10

    You don’t have to pay three-digit sums to find compelling investing opportunities. It’s time to look outside the box at some cheap stocks top analysts are cheering right now. The best way to find these stocks is to use a screener, that way you can open up your investing horizon to a much wider stock pool.Here we used TipRanks’ Stock Screener to find these 5 cheap stocks. Essentially, we looked for 1) stocks with a ‘Strong Buy’ analyst consensus; 2) serious upside potential (i.e. over 20%). And on top of this each one of these stocks comes in at under $10. Note that the consensus is based on ratings from the last three months, so the outlook is pretty up to date. Plus we include top analyst analysis to show just why analysts believe these stocks are so undervalued right now.Let’s take a closer look: Syndax Pharmaceuticals Inc (SNDX – Research Report) Syndax Pharmaceuticals, Inc is a clinical-stage biopharma developing therapies for the treatment of cancer.The company offers significant rewards- but only for investors prepared to shoulder a hefty dose of risk. Shares could surge if the company’s Phase 3 trial of entinostat in metastatic breast cancer is positive. Indeed, Citigroup’s Joel Beatty says that such a catalyst could take shares all the way from $8 to $23. That suggests massive upside potential of 187%. However, the analyst also warns that should the data disappoint, shares could plunge to just $2 (75% downside potential). Look for the data to come in fall 2019 or spring 2020, says Beatty. In the meantime the analyst keeps a buy rating on shares. Encouragingly, the stock also scores a Strong Buy consensus from the Street. “Entinostat has received Breakthrough Therapy Designation in HR+ HER2- breast cancer patients, and we continue to believe that a positive OS assessment in E2112 could occur this year with a launch in 2021” writes HC Wainwright analyst Edward White. This five-star analyst has a $16 price target on shares (100% upside potential). That's just below the $19 average analyst price target. See what other Top Analysts are saying about SNDX. Turtle Beach Corp (HEAR – Research Report) Turtle Beach Corp is one of the leading gaming headset and audio accessory brand. Disappointing 2Q revenue guidance has weighed on shares recently, but it’s not game over for HEAR just yet.All five analysts covering the stock rate HEAR a ‘Buy.’ That’s with an average analyst price target of $23- indicating 150% upside potential from current levels. The best-rated analyst covering the stock is Oppenheimer’s Andrew Uerkwitz.He maintained his buy rating and $24 price target post-results. In a report on May 9 the analyst explained “With healthy fundamentals in video game market and integration of PC gaming accessories business (ROCCAT) well on track, we remain confident in management's ability to stay competitive and return to revenue growth in 2020.”As for the earnings report, the analyst explains that 2Q revenue guidance is lighter than expected, mostly due to order timing volatility in between quarters. However HEAR did reiterate 2019 revenues of $240-248M. “Over a two year basis, we believe Turtle Beach is outgrowing the competition and keeping its leading market share” he concludes. See what other Top Analysts are saying about HEAR. Pareteum Corp (TEUM – Research Report) Pareteum is a rapidly growing global cloud software communications platform. The company offers everything from voicemail and messaging services to data analytics and service fulfilment. Shares have exploded by 150% year-to-date following first-rate Q1 earnings results, and according to the analyst community plenty of upside lies ahead. This ‘Strong Buy’ stock scores 5 recent buy ratings, alongside an $8 average analyst price target (86% upside potential).Pareteum just hosted its first analyst day on May 28 in NYC. “We view this event as another sign of the further and rapid maturation of the company” cheers five-star Northland Securities analyst Michael Latimore. He has an $8.50 price target on shares. According to Latimore, Pareteum has a unique opportunity to be the cloud-based business and operations support system for agile mobile service providers. “TEUM is a top 2019 stock pick…. TEUM remains inexpensive still at only about 4x FY20 revenue v. comps at 10x” writes the analyst. See what other Top Analysts are saying about TEUM. Plug Power Inc (PLUG – Research Report) Plug Power develops cutting-edge fuel cells and hydrogen technologies that are more efficient than conventional batteries. Like Paretuem, PLUG has experienced a remarkable rally, with shares doubling year-to-date.Shares continued to move higher on May 29 following the announcement of an exciting new deal. Plug Power will now deliver hydrogen fuel cell engines to StreeScooter’s electric delivery vehicles. This ties into StreetScooter’s deal to initially deliver 100 hydrogen fuel cell-powered trucks for on-road use to Deutsche Post DHL starting in 2020. According to Plug Power this will provide increased drive time without the need for long charge hours.“We continue to be bullish on PLUG’s technology leadership position in mobile fuel cell applications and are encouraged by commentary about its expanding opportunity set in material handling and over-the-road applications” writes top-rated Oppenheimer analyst Colin Rusch. Four analysts have published buy ratings on PLUG in the last three months. Their average price target of $3.56 translates into upside potential of 37%. See what other Top Analysts are saying about PLUG. ViewRay, Inc. (VRAY – Research Report) Medical device company ViewRay is on a roll right now. The company just reported strong earnings results, and shares are up 47% year-to-date. Sean Lavin of BTIG praised the company’s current investment strategy, noting strong sales and steady sales progress. Indeed, gross orders came in an impressive $12 million above consensus. “This is especially important as it shows VRAY is winning new customers despite the recent competitive entrance from Elekta. While sales and orders can be difficult to predict on a quarterly basis, we believe this is an early sign that the new CEO’s strategy is working” wrote Lavin. The analyst concluded “since orders are likely most important to investors, we view this as a stellar report.”A similarly bullish perspective comes from Cantor Fitzgerald’s Craig Bijou. The analyst left a recent meeting with management "more bullish on the opportunity ahead” for ViewRay. Despite the rally in shares, he still sees ‘significant upside’ potential thanks to increased revenue and margin expansion.Notably, Bijou argues that management's goal to reduce the time from purchase order to revenue recognition could drive "meaningful upside" to Street numbers in 2020. Overall, five analysts have published buy ratings on VRAY in the last three months with an average price target of $13.40 (50% upside potential). See what other Top Analysts are saying about VRAY. Find your own ‘Strong Buy’ stocksHere we covered top stock picks currently trading for under $10. You can discover more compelling 'Strong Buy' stocks with the Top Analyst Stocks tool. This highlights the most promising stocks based on the latest recommendations from the Street's best-performing analysts. Go to Top Analysts Stocks Tool now.

  • Here’s What Hedge Funds Think About ViewRay, Inc. (VRAY)
    Insider Monkey

    Here’s What Hedge Funds Think About ViewRay, Inc. (VRAY)

    "October lived up to its scary reputation—the S&P 500 falling in the month by the largest amount in the last 40 years, the only worse Octobers being '08 and the Crash of '87\. For perspective, there have been only 5 occasions in those 40 years when the S&P 500 declined by greater than 20% from […]

  • Thomson Reuters StreetEvents

    Edited Transcript of VRAY earnings conference call or presentation 2-May-19 8:30pm GMT

    Q1 2019 ViewRay Inc Earnings Call