ValuEngine lowered shares of National Vision (NASDAQ:EYE) from a strong-buy rating to a buy rating in a report released on Friday.

Several other equities research analysts also recently commented on EYE. Jefferies Financial Group set a $50.00 price objective on National Vision and gave the company a buy rating in a report on Tuesday, August 14th. Zacks Investment Research downgraded National Vision from a buy rating to a hold rating in a report on Thursday, November 15th. Bank of America increased their price objective on National Vision from $42.00 to $45.00 and gave the company a neutral rating in a report on Wednesday, August 15th. Citigroup increased their price objective on National Vision from $43.00 to $51.00 and gave the company a buy rating in a report on Thursday, August 16th. Finally, Barclays assumed coverage on National Vision in a report on Tuesday, October 2nd. They issued an equal weight rating and a $50.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of $48.13.

NASDAQ EYE opened at $32.36 on Friday. The company has a market capitalization of $2.50 billion, a PE ratio of 61.06, a P/E/G ratio of 3.63 and a beta of 1.53. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.07 and a quick ratio of 0.57. National Vision has a 12 month low of $29.55 and a 12 month high of $46.63.

National Vision (NASDAQ:EYE) last released its quarterly earnings data on Tuesday, November 13th. The company reported $0.12 EPS for the quarter, meeting the consensus estimate of $0.12. The company had revenue of $387.40 million during the quarter, compared to the consensus estimate of $374.81 million. National Vision had a return on equity of 7.18% and a net margin of 4.83%. The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.10 EPS. On average, sell-side analysts forecast that National Vision will post 0.53 earnings per share for the current year.

In other National Vision news, SVP John Vaught sold 26,477 shares of the stock in a transaction on Tuesday, September 25th. The stock was sold at an average price of $43.32, for a total transaction of $1,146,983.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Mitchell Goodman sold 94,576 shares of the stock in a transaction on Monday, November 19th. The stock was sold at an average price of $40.20, for a total value of $3,801,955.20. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,556,477 shares of company stock worth $504,879,484. 2.82% of the stock is owned by company insiders.

Hedge funds have recently bought and sold shares of the business. Prudential Financial Inc. bought a new position in National Vision during the 3rd quarter worth $204,000. Bank of Montreal Can increased its position in National Vision by 1,774.4% during the 3rd quarter. Bank of Montreal Can now owns 4,536 shares of the company’s stock worth $205,000 after buying an additional 4,294 shares during the period. GSA Capital Partners LLP bought a new position in National Vision during the 3rd quarter worth $235,000. PNC Financial Services Group Inc. increased its position in National Vision by 41.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 6,547 shares of the company’s stock worth $239,000 after buying an additional 1,931 shares during the period. Finally, Dorsey & Whitney Trust CO LLC bought a new position in National Vision during the 3rd quarter worth $247,000.

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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