Analysts Set National Vision Holdings, Inc. (NASDAQ:EYE) Target Price at $22.10

National Vision Holdings, Inc. (NASDAQ:EYE - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the nine analysts that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $22.10.

Several equities analysts recently commented on the stock. Bank of America upped their price target on shares of National Vision from $22.00 to $26.00 and gave the company a "buy" rating in a report on Wednesday, June 18th. 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. Citigroup upgraded shares of National Vision from a "neutral" rating to a "buy" rating and upped their price target for the company from $13.00 to $21.00 in a report on Friday, May 9th. National Bankshares set a $30.00 price target on shares of National Vision in a report on Tuesday, July 8th. Finally, The Goldman Sachs Group upped their price target on shares of National Vision from $13.00 to $17.00 and gave the company a "neutral" rating in a report on Friday, May 9th.

Insider Buying and Selling

In other National Vision news, SVP Ravi Acharya sold 12,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $18.75, for a total value of $225,000.00. Following the transaction, the senior vice president directly owned 11,700 shares in the company, valued at $219,375. This represents a 50.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On National Vision

A number of hedge funds have recently added to or reduced their stakes in EYE. Strs Ohio bought a new position in shares of National Vision during the first quarter valued at approximately $272,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of National Vision by 6.0% during 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 boosted its stake in shares of National Vision by 172.7% during the first quarter. Woodline Partners LP now owns 415,730 shares of the company's stock valued at $5,313,000 after purchasing an additional 263,308 shares in the last quarter. Teza Capital Management LLC bought a new position in shares of National Vision during the first quarter valued at approximately $142,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of National Vision by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,257 shares of the company's stock valued at $591,000 after purchasing an additional 1,948 shares in the last quarter.

National Vision Price Performance

Shares of National Vision stock traded down $0.08 during trading hours on Thursday, reaching $24.46. The company's stock had a trading volume of 1,368,747 shares, compared to its average volume of 1,908,980. The firm has a 50 day moving average price of $20.87 and a 200-day moving average price of $14.94. National Vision has a one year low of $9.56 and a one year high of $25.39. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.54 and a quick ratio of 0.35. The stock has a market cap of $1.93 billion, a P/E ratio of -74.12, a P/E/G ratio of 3.59 and a beta of 1.27.

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