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

National Vision Holdings, Inc. (NASDAQ:EYE - Get Free Report) has received an average rating of "Hold" from the five analysts that are covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $19.60.

Several research firms have recently issued reports on EYE. The Goldman Sachs Group upped their price target on National Vision from $18.00 to $20.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 28th. Barclays decreased their price target on National Vision from $19.00 to $16.00 and set an "equal weight" rating for the company in a research note on Friday, May 10th.

Insider Buying and Selling

In other National Vision news, Director D Randolph Peeler acquired 34,000 shares of the business's stock in a transaction that occurred on Friday, May 10th. The stock was acquired at an average price of $14.45 per share, with a total value of $491,300.00. Following the transaction, the director now owns 182,880 shares of the company's stock, valued at $2,642,616. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO L Reade Fahs purchased 20,000 shares of the business's stock in a transaction on Monday, May 13th. The stock was purchased at an average price of $14.96 per share, with a total value of $299,200.00. Following the acquisition, the chief executive officer now directly owns 633,097 shares in the company, valued at approximately $9,471,131.12. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director D Randolph Peeler purchased 34,000 shares of the business's stock in a transaction on Friday, May 10th. The stock was purchased at an average cost of $14.45 per share, with a total value of $491,300.00. Following the acquisition, the director now owns 182,880 shares in the company, valued at $2,642,616. The disclosure for this purchase can be found here. 2.10% of the stock is owned by insiders.

Hedge Funds Weigh In On National Vision

Large investors have recently added to or reduced their stakes in the company. William Blair Investment Management LLC raised its holdings in shares of National Vision by 13.9% in the 3rd quarter. William Blair Investment Management LLC now owns 10,066,548 shares of the company's stock worth $162,877,000 after buying an additional 1,228,933 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of National Vision by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 8,908,511 shares of the company's stock worth $197,413,000 after buying an additional 25,982 shares in the last quarter. Clearbridge Investments LLC raised its holdings in shares of National Vision by 4.2% in the 1st quarter. Clearbridge Investments LLC now owns 4,511,738 shares of the company's stock worth $99,980,000 after buying an additional 182,504 shares in the last quarter. Hawk Ridge Capital Management LP acquired a new position in shares of National Vision in the 4th quarter worth approximately $69,274,000. Finally, Dimensional Fund Advisors LP raised its holdings in shares of National Vision by 41.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,249,556 shares of the company's stock worth $47,085,000 after buying an additional 654,462 shares in the last quarter.

National Vision Stock Down 2.8 %

NASDAQ EYE traded down $0.44 on Wednesday, reaching $15.36. The stock had a trading volume of 799,183 shares, compared to its average volume of 1,047,116. The business has a 50 day moving average price of $19.18 and a 200 day moving average price of $19.78. The company has a current ratio of 1.01, a quick ratio of 0.69 and a debt-to-equity ratio of 0.53. National Vision has a 1 year low of $13.71 and a 1 year high of $27.02. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of -16.70, a P/E/G ratio of 3.49 and a beta of 1.47.

National Vision (NASDAQ:EYE - Get Free Report) last issued its earnings results on Tuesday, February 27th. The company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.09) by $0.07. The firm had revenue of $506.40 million for the quarter, compared to the consensus estimate of $499.49 million. National Vision had a positive return on equity of 3.47% and a negative net margin of 3.44%. The business's quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.11) earnings per share. On average, analysts forecast that National Vision will post 0.31 EPS for the current fiscal year.

National Vision Company Profile

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.