National Vision Holdings, Inc. (NASDAQ:EYE) Receives Average Rating of “Hold” from Brokerages

National Vision Holdings, Inc. (NASDAQ:EYE) has earned a consensus recommendation of “Hold” from the six brokerages that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $14.00.

A number of brokerages recently commented on EYE. Barclays boosted their price objective on shares of National Vision from $12.00 to $14.00 and gave the company an “equal weight” rating in a research report on Monday, March 3rd. Citigroup boosted their price target on shares of National Vision from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Friday, March 7th. Wells Fargo & Company increased their price objective on National Vision from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Thursday, February 27th. Finally, Morgan Stanley lowered their target price on National Vision from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st.

National Vision Stock Down 0.3 %

NASDAQ:EYE opened at $12.78 on Tuesday. The business’s fifty day moving average price is $12.07 and its 200 day moving average price is $11.31. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of -63.90, a PEG ratio of 3.27 and a beta of 1.51. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. National Vision has a 1-year low of $9.56 and a 1-year high of $22.18.

Institutional Trading of National Vision

Large investors have recently made changes to their positions in the stock. Crossmark Global Holdings Inc. raised its holdings in National Vision by 4.0% in the 4th quarter. Crossmark Global Holdings Inc. now owns 28,676 shares of the company’s stock worth $298,000 after acquiring an additional 1,100 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in shares of National Vision by 6.1% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 22,470 shares of the company’s stock worth $234,000 after purchasing an additional 1,298 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of National Vision by 3.2% in the fourth quarter. Wells Fargo & Company MN now owns 45,211 shares of the company’s stock worth $471,000 after acquiring an additional 1,394 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of National Vision by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,309 shares of the company’s stock worth $462,000 after purchasing an additional 1,677 shares during the period. Finally, Franklin Resources Inc. raised its holdings in National Vision by 7.9% in the 3rd quarter. Franklin Resources Inc. now owns 32,708 shares of the company’s stock valued at $357,000 after acquiring an additional 2,404 shares in the last quarter.

About National Vision

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America’s Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.