National Vision Holdings, Inc. (EYE) – What Are Brokerages Saying About This Stock?

National Vision Holdings, Inc. (NASDAQ:EYE) has been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $29.82.

A number of analysts recently commented on EYE shares. Citigroup dropped their price target on National Vision from $39.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday, August 13th. UBS Group decreased their price target on shares of National Vision from $36.00 to $34.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. Guggenheim set a $27.00 price target on National Vision in a report on Friday, September 11th. Roth Capital reaffirmed a “buy” rating and set a $27.00 price objective on shares of National Vision in a research note on Thursday, August 13th. Finally, Morgan Stanley cut their price target on shares of National Vision from $22.00 to $21.00 and set an “equal weight” rating for the company in a report on Thursday, August 13th.

Institutional Trading of National Vision

Several hedge funds have recently bought and sold shares of the company. Bank of America Corp DE acquired a new stake in shares of National Vision during the second quarter worth approximately $16,174,000. Avalon Trust Co acquired a new position in National Vision in the 2nd quarter worth about $14,481,000. Wellington Management Group LLP boosted its stake in National Vision by 39.6% in the second quarter. Wellington Management Group LLP now owns 7,669,853 shares of the company’s stock valued at $145,804,000 after acquiring an additional 2,173,887 shares during the last quarter. Maven Securities LTD raised its stake in National Vision by 236.5% in the second quarter. Maven Securities LTD now owns 101,348 shares of the company’s stock valued at $1,927,000 after purchasing an additional 71,233 shares in the last quarter. Finally, WINTON GROUP Ltd raised its stake in shares of National Vision by 131.5% during the second quarter. WINTON GROUP Ltd now owns 108,753 shares of the company’s stock valued at $2,067,000 after acquiring an additional 61,770 shares during the last quarter.

National Vision Price Performance

NASDAQ:EYE opened at $16.59 on Wednesday. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 27.20, a price-to-earnings-growth ratio of 1.31 and a beta of 0.98. 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 12-month low of $14.75 and a 12-month high of $30.02. The company’s 50-day moving average is $17.04 and its two-hundred day moving average is $21.40.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.07. National Vision had a return on equity of 6.78% and a net margin of 2.47%. The business had revenue of $498.81 million during the quarter. During the same quarter last year, the company earned $0.18 EPS. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. Research analysts expect that National Vision will post 0.65 EPS for the current year.

National Vision Company Profile

National Vision Holdings, Inc is an optical retail company that provides prescription eyewear, contact lenses, eye examinations and related vision-care services. The company operates primarily in the United States through a network of retail optical locations and digital channels.

Its principal brands include America’s Best Contacts & Eyeglasses, which offers eye exams, prescription glasses and contact lenses at value-oriented prices, and Eyeglass World, which provides similar products and services.