National Vision Holdings, Inc. (NASDAQ:EYE) Given Average Rating of "Moderate Buy" by Analysts

National Vision Holdings, Inc. (NASDAQ:EYE - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eleven brokerages that are presently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $30.3636.

A number of equities analysts recently weighed in on the company. Morgan Stanley dropped their price target on National Vision from $22.00 to $21.00 and set an "equal weight" rating on the stock in a research note on Thursday, August 13th. UBS Group decreased their target price on shares of National Vision from $36.00 to $34.00 and set a "buy" rating for the company in a report on Thursday, August 13th. Bank of America dropped their target price on shares of National Vision from $35.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday, May 14th. 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, Weiss Ratings downgraded shares of National Vision from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, August 25th.

National Vision Stock Performance

National Vision stock opened at $16.74 on Tuesday. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of 27.44, a price-to-earnings-growth ratio of 1.32 and a beta of 0.98. National Vision has a 1 year low of $14.75 and a 1 year high of $30.02. The firm's 50 day moving average price is $19.72 and its two-hundred day moving average price is $21.51. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.27 and a current ratio of 0.59.

National Vision (NASDAQ:EYE - Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $0.25 earnings per share (EPS) for the quarter, topping 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 business had revenue of $498.81 million for the quarter. During the same quarter in the previous year, the firm earned $0.18 earnings per share. The business's revenue was up 2.6% compared to the same quarter last year. On average, research analysts predict that National Vision will post 0.65 EPS for the current fiscal year.

Institutional Investors Weigh In On National Vision

Hedge funds have recently bought and sold shares of the business. HighTower Advisors LLC boosted its position in National Vision by 3.8% during the 2nd quarter. HighTower Advisors LLC now owns 81,748 shares of the company's stock worth $1,554,000 after acquiring an additional 3,001 shares during the period. California State Teachers Retirement System lifted its position in shares of National Vision by 1,749.6% in the second 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 in the last quarter. Penn Capital Management Company LLC acquired a new stake in shares of National Vision during the second quarter worth approximately $2,780,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of 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 worth $5,050,000 after purchasing an additional 46,090 shares during the period. Finally, Wellington Management Group LLP grew its position 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 in the last quarter.

About National Vision

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.

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