National Vision Holdings, Inc. (NASDAQ:EYE) Receives $17.75 Average Target Price from Analysts

Shares of National Vision Holdings, Inc. (NASDAQ:EYE - Get Free Report) have been assigned a consensus recommendation of "Hold" from the nine research firms that are covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $17.75.

Several brokerages have recently issued reports on EYE. Wells Fargo & Company boosted their price target on shares of National Vision from $13.00 to $15.00 and gave the company an "equal weight" rating in a report on Thursday, May 8th. Bank of America raised shares of National Vision from an "underperform" rating to a "buy" rating in a report on Wednesday, May 7th. BMO Capital Markets set a $19.00 price target on shares of National Vision and gave the company a "market perform" rating in a report on Monday, May 19th. UBS Group boosted their price target on shares of National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Finally, Citigroup raised shares of National Vision from a "neutral" rating to a "buy" rating and boosted their price target for the company from $13.00 to $21.00 in a report on Friday, May 9th.

National Vision Trading Up 0.6%

Shares of National Vision stock traded up $0.11 on Wednesday, hitting $18.85. 1,518,696 shares of the company's stock traded hands, compared to its average volume of 1,813,467. The firm's 50-day moving average price is $13.94 and its two-hundred day moving average price is $12.35. The stock has a market capitalization of $1.49 billion, a PE ratio of -94.25, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. National Vision has a one year low of $9.56 and a one year high of $19.49. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37.

National Vision (NASDAQ:EYE - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.32 by $0.02. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The company had revenue of $510.32 million during the quarter, compared to analysts' expectations of $510.30 million. During the same quarter in the previous year, the company posted $0.32 EPS. The business's revenue for the quarter was up 5.7% compared to the same quarter last year. On average, research analysts expect that National Vision will post 0.31 EPS for the current fiscal year.

Insider Activity

In other news, SVP Ravi Acharya sold 12,000 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $18.75, for a total value of $225,000.00. Following the sale, the senior vice president now directly owns 11,700 shares in the company, valued at $219,375. The trade was a 50.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 2.70% of the company's stock.

Institutional Trading of National Vision

A number of institutional investors have recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of National Vision by 6.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 235,125 shares of the company's stock valued at $3,005,000 after purchasing an additional 13,384 shares in the last quarter. Woodline Partners LP increased its position in shares of National Vision by 172.7% in the first quarter. Woodline Partners LP now owns 415,730 shares of the company's stock valued at $5,313,000 after acquiring an additional 263,308 shares during the last quarter. Teza Capital Management LLC acquired a new stake in shares of National Vision in the first quarter valued at about $142,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of National Vision by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,257 shares of the company's stock valued at $591,000 after acquiring an additional 1,948 shares during the last quarter. Finally, Kettle Hill Capital Management LLC acquired a new stake in shares of National Vision in the first quarter valued at about $1,535,000.

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.