National Vision Holdings, Inc. (NASDAQ:EYE) Receives Consensus Rating of "Moderate Buy" from Brokerages

National Vision Holdings, Inc. (NASDAQ:EYE - Get Free Report) has been given an average rating of "Moderate Buy" by the ten research firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $24.2727.

EYE has been the subject of several analyst reports. Roth Capital initiated coverage on shares of National Vision in a report on Wednesday, July 30th. They issued a "buy" rating and a $36.00 price target for the company. Wells Fargo & Company increased their target price on shares of National Vision from $24.00 to $27.00 and gave the company an "equal weight" rating in a report on Thursday. Wall Street Zen lowered National Vision from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Barclays lowered their price target on National Vision from $30.00 to $28.00 and set an "overweight" rating for the company in a research report on Thursday. Finally, Loop Capital lifted their price target on National Vision from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Thursday, May 8th.

National Vision Stock Performance

NASDAQ:EYE traded up $0.03 during trading on Monday, reaching $23.91. The company's stock had a trading volume of 1,502,782 shares, compared to its average volume of 2,093,484. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of -72.53, a price-to-earnings-growth ratio of 3.17 and a beta of 1.27. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.35 and a current ratio of 0.54. National Vision has a 12 month low of $9.56 and a 12 month high of $25.67. The firm has a 50 day moving average of $23.38 and a 200-day moving average of $16.65.

National Vision (NASDAQ:EYE - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.02. National Vision had a positive return on equity of 3.44% and a negative net margin of 1.40%. The company had revenue of $510.32 million during the quarter, compared to analyst estimates of $510.30 million. During the same quarter last year, the firm posted $0.32 EPS. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. Research analysts expect that National Vision will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling at National Vision

In related news, SVP Ravi Acharya sold 12,000 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $18.75, for a total transaction of $225,000.00. Following the completion of the transaction, the senior vice president directly owned 11,700 shares of the company's stock, valued at approximately $219,375. This represents a 50.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.70% of the company's stock.

Institutional Trading of National Vision

Several hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of National Vision by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 10,568,579 shares of the company's stock worth $135,066,000 after purchasing an additional 156,741 shares during the period. Burgundy Asset Management Ltd. lifted its holdings in shares of National Vision by 6.9% in the 1st quarter. Burgundy Asset Management Ltd. now owns 4,996,104 shares of the company's stock worth $63,850,000 after acquiring an additional 320,565 shares during the last quarter. Engine Capital Management LP boosted its stake in shares of National Vision by 53.3% during the 1st quarter. Engine Capital Management LP now owns 3,875,701 shares of the company's stock worth $49,531,000 after purchasing an additional 1,347,648 shares during the period. Dimensional Fund Advisors LP grew its holdings in National Vision by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,702,371 shares of the company's stock valued at $38,577,000 after purchasing an additional 30,235 shares during the last quarter. Finally, William Blair Investment Management LLC purchased a new position in shares of National Vision during the second quarter valued at approximately $81,908,000.

About National Vision

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.