National Vision Holdings, Inc. (NASDAQ:EYE) Receives $30.36 Average PT from Analysts

Shares of National Vision Holdings, Inc. (NASDAQ:EYE) have received an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $30.3636.

EYE has been the topic of several research analyst reports. UBS Group dropped their target price on shares of National Vision from $36.00 to $34.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. Citigroup reduced their price target on shares of National Vision from $39.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Wells Fargo & Company lowered their price objective on shares of National Vision from $30.00 to $20.00 and set an “equal weight” rating for the company in a research report on Thursday, May 14th. Roth Capital reaffirmed a “buy” rating and issued a $27.00 price objective on shares of National Vision in a research report on Thursday, August 13th. Finally, Barclays reduced their target price on shares of National Vision from $38.00 to $27.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th.

National Vision Stock Down 2.8%

NASDAQ:EYE opened at $18.39 on Friday. National Vision has a 1 year low of $14.75 and a 1 year high of $30.02. The company has a current ratio of 0.59, a quick ratio of 0.27 and a debt-to-equity ratio of 0.25. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 30.15, a PEG ratio of 1.68 and a beta of 1.02. The stock has a 50-day moving average price of $19.75 and a two-hundred day moving average price of $22.39.

National Vision (NASDAQ:EYE) last released its quarterly earnings results on Wednesday, August 12th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. National Vision had a return on equity of 6.78% and a net margin of 2.47%.The company had revenue of $498.81 million for the quarter. During the same period in the prior year, the business earned $0.18 EPS. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. As a group, equities analysts expect that National Vision will post 0.58 earnings per share for the current year.

Institutional Trading of National Vision

A number of institutional investors have recently modified their holdings of the company. Asset Management One Co. Ltd. raised its position in National Vision by 80.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 252,697 shares of the company’s stock valued at $6,699,000 after buying an additional 112,606 shares during the last quarter. Hussman Strategic Advisors Inc. bought a new position in shares of National Vision during the 4th quarter worth approximately $2,711,000. Bank of America Corp DE grew its stake in shares of National Vision by 6.8% during the 1st quarter. Bank of America Corp DE now owns 1,175,370 shares of the company’s stock worth $30,442,000 after acquiring an additional 74,607 shares in the last quarter. Avalon Trust Co acquired a new stake in shares of National Vision in the second quarter valued at approximately $14,481,000. Finally, Pier Capital LLC raised its holdings in shares of National Vision by 111.1% in the fourth quarter. Pier Capital LLC now owns 313,565 shares of the company’s stock valued at $8,096,000 after purchasing an additional 165,049 shares during the last quarter.

National Vision Company Profile

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price‐conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.