National Vision Holdings, Inc. (NASDAQ:EYE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

National Vision Holdings, Inc. (NASDAQ:EYE) has been given an average recommendation of “Moderate Buy” by the eleven ratings firms that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $30.3636.

Several equities research analysts have recently issued reports on the company. Weiss Ratings lowered National Vision from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 25th. Roth Capital reiterated a “buy” rating and issued a $27.00 target price on shares of National Vision in a research note on Thursday, August 13th. Citigroup decreased their target price on shares of National Vision from $39.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Barclays cut their price target on shares of National Vision from $38.00 to $27.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Finally, Morgan Stanley reduced their price objective on shares of National Vision from $22.00 to $21.00 and set an “equal weight” rating for the company in a research note on Thursday, August 13th.

Institutional Trading of National Vision

Institutional investors and hedge funds have recently made changes to their positions in the stock. HighTower Advisors LLC lifted its position in shares of National Vision by 3.8% in the second quarter. HighTower Advisors LLC now owns 81,748 shares of the company’s stock worth $1,554,000 after buying an additional 3,001 shares during the last quarter. California State Teachers Retirement System lifted its holdings in National Vision by 1,749.6% in the 2nd quarter. California State Teachers Retirement System now owns 1,669,895 shares of the company’s stock worth $31,745,000 after purchasing an additional 1,579,612 shares during the last quarter. Penn Capital Management Company LLC bought a new stake in National Vision during the second quarter worth approximately $2,780,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in National Vision by 21.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 265,647 shares of the company’s stock valued at $5,050,000 after purchasing an additional 46,090 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in National Vision by 39.6% during the second quarter. Wellington Management Group LLP now owns 7,669,853 shares of the company’s stock valued at $145,804,000 after purchasing an additional 2,173,887 shares during the last quarter.

National Vision Stock Performance

NASDAQ EYE opened at $16.74 on Tuesday. The company has a current ratio of 0.59, a quick ratio of 0.27 and a debt-to-equity ratio of 0.25. National Vision has a 1-year low of $14.75 and a 1-year high of $30.02. The firm’s fifty day simple moving average is $19.72 and its 200-day simple moving average is $21.51. The company has a market capitalization of $1.32 billion, a PE ratio of 27.44, a price-to-earnings-growth ratio of 1.32 and a beta of 0.98.

National Vision (NASDAQ:EYE) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.25 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $498.81 million during the quarter. During the same period in the previous year, the business posted $0.18 EPS. National Vision’s revenue for the quarter was up 2.6% on a year-over-year basis. As a group, sell-side analysts anticipate that National Vision will post 0.65 earnings per share for the current fiscal year.

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.