National Vision Holdings, Inc. (NASDAQ:EYE) Receives $19.60 Consensus Price Target from Brokerages

Shares of National Vision Holdings, Inc. (NASDAQ:EYEGet Free Report) have earned a consensus rating of “Hold” from the five analysts that are presently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold rating. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $19.60.

A number of equities research analysts have issued reports on the stock. Barclays cut their price target on shares of National Vision from $19.00 to $16.00 and set an “equal weight” rating on the stock in a report on Friday, May 10th. The Goldman Sachs Group raised their price target on shares of National Vision from $18.00 to $20.00 and gave the stock a “neutral” rating in a report on Wednesday, February 28th.

View Our Latest Analysis on EYE

National Vision Price Performance

EYE stock opened at $13.00 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.69 and a current ratio of 1.01. National Vision has a 52 week low of $12.80 and a 52 week high of $25.24. The firm’s fifty day moving average is $15.84 and its 200 day moving average is $19.05. The firm has a market cap of $1.02 billion, a P/E ratio of -14.13, a P/E/G ratio of 2.83 and a beta of 1.48.

National Vision (NASDAQ:EYEGet Free Report) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The business had revenue of $542.52 million for the quarter, compared to analyst estimates of $557.47 million. National Vision had a negative net margin of 3.44% and a positive return on equity of 3.47%. Research analysts predict that National Vision will post 0.34 earnings per share for the current year.

Insider Activity

In related news, Director D Randolph Peeler bought 34,000 shares of the business’s stock in a transaction dated Friday, May 10th. The shares were purchased at an average price of $14.45 per share, with a total value of $491,300.00. Following the purchase, the director now owns 182,880 shares of the company’s stock, valued at approximately $2,642,616. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. In other National Vision news, CEO L Reade Fahs purchased 20,000 shares of the stock in a transaction that occurred on Monday, May 13th. The stock was bought at an average cost of $14.96 per share, with a total value of $299,200.00. Following the transaction, the chief executive officer now directly owns 633,097 shares in the company, valued at approximately $9,471,131.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director D Randolph Peeler purchased 34,000 shares of the stock in a transaction that occurred on Friday, May 10th. The shares were acquired at an average cost of $14.45 per share, with a total value of $491,300.00. Following the completion of the transaction, the director now owns 182,880 shares in the company, valued at $2,642,616. The disclosure for this purchase can be found here. Insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of EYE. Victory Capital Management Inc. lifted its position in National Vision by 24.2% during the 3rd quarter. Victory Capital Management Inc. now owns 24,961 shares of the company’s stock valued at $404,000 after acquiring an additional 4,866 shares during the period. Charles Schwab Investment Management Inc. lifted its position in National Vision by 8.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 894,782 shares of the company’s stock valued at $14,478,000 after acquiring an additional 73,414 shares during the period. State of New Jersey Common Pension Fund D lifted its position in National Vision by 40.4% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 133,176 shares of the company’s stock valued at $2,155,000 after acquiring an additional 38,292 shares during the period. Rafferty Asset Management LLC lifted its position in National Vision by 25.5% during the 3rd quarter. Rafferty Asset Management LLC now owns 26,831 shares of the company’s stock valued at $434,000 after acquiring an additional 5,449 shares during the period. Finally, WINTON GROUP Ltd purchased a new position in National Vision in the third quarter worth about $206,000.

National Vision Company Profile

(Get Free Report

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.

Read More

Analyst Recommendations for National Vision (NASDAQ:EYE)

Receive News & Ratings for National Vision Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Vision and related companies with MarketBeat.com's FREE daily email newsletter.