Shares of National Vision Holdings Inc (NASDAQ:EYE) have earned a consensus rating of “Buy” from the ten analysts that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $43.38.

EYE has been the subject of a number of research reports. Bank of America increased their target price on National Vision from $42.00 to $45.00 and gave the company a “neutral” rating in a research report on Wednesday, August 15th. Zacks Investment Research downgraded National Vision from a “hold” rating to a “sell” rating in a research report on Tuesday, June 5th. Jefferies Financial Group set a $50.00 target price on National Vision and gave the company a “buy” rating in a research report on Tuesday, August 14th. Morgan Stanley increased their target price on National Vision from $42.00 to $49.00 and gave the company an “overweight” rating in a research report on Wednesday, August 15th. Finally, ValuEngine upgraded National Vision from a “hold” rating to a “buy” rating in a research report on Monday, July 2nd.

In other National Vision news, CEO L Reade Fahs sold 10,000 shares of the stock in a transaction on Wednesday, September 5th. The stock was sold at an average price of $44.43, for a total value of $444,300.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director D Randolph Peeler sold 2,681,557 shares of the stock in a transaction on Monday, July 30th. The stock was sold at an average price of $38.26, for a total value of $102,596,370.82. The disclosure for this sale can be found here. Over the last 90 days, insiders purchased 450 shares of company stock valued at $18,146 and sold 16,578,950 shares valued at $634,393,127. 2.82% of the stock is owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc increased its stake in National Vision by 390.2% in the first quarter. Legal & General Group Plc now owns 22,249 shares of the company’s stock worth $719,000 after purchasing an additional 17,710 shares during the period. Amtrust Financial Services Inc. increased its stake in National Vision by 21.2% in the first quarter. Amtrust Financial Services Inc. now owns 50,000 shares of the company’s stock worth $1,616,000 after purchasing an additional 8,748 shares during the period. Teacher Retirement System of Texas purchased a new stake in National Vision in the second quarter worth $249,000. Stifel Financial Corp purchased a new stake in National Vision in the first quarter worth $2,084,000. Finally, Wells Fargo & Company MN increased its stake in National Vision by 24.5% in the second quarter. Wells Fargo & Company MN now owns 331,378 shares of the company’s stock worth $12,119,000 after purchasing an additional 65,252 shares during the period.

EYE stock traded down $0.34 during midday trading on Friday, hitting $43.21. The company’s stock had a trading volume of 2,630 shares, compared to its average volume of 486,254. National Vision has a 12 month low of $27.19 and a 12 month high of $46.63. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.05 and a quick ratio of 0.55. The company has a market capitalization of $3.37 billion and a price-to-earnings ratio of 81.89.

National Vision (NASDAQ:EYE) last posted its earnings results on Tuesday, August 14th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $385.53 million during the quarter, compared to the consensus estimate of $371.40 million. National Vision had a return on equity of 7.47% and a net margin of 4.68%. The company’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.12 EPS. sell-side analysts anticipate that National Vision will post 0.62 EPS for the current fiscal year.

National Vision Company Profile

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer primarily in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses under the America's Best, Eyeglass World, Walmart Vision Center, Vista Optical Fred Meyer, and Vista Optical Military brand stores, as well as provides optometric services.

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Analyst Recommendations for National Vision (NASDAQ:EYE)

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