National Vision (NASDAQ:EYE - Get Free Report) had its price target hoisted by stock analysts at Barclays from $14.00 to $17.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has an "equal weight" rating on the stock. Barclays's price target points to a potential downside of 6.91% from the stock's current price.
Other equities research analysts also recently issued reports about the company. Citigroup raised National Vision from a "neutral" rating to a "buy" rating and raised their price target for the stock from $13.00 to $21.00 in a research note on Friday. The Goldman Sachs Group increased their price target on National Vision from $13.00 to $17.00 and gave the company a "neutral" rating in a report on Friday. Wells Fargo & Company boosted their price objective on shares of National Vision from $13.00 to $15.00 and gave the stock an "equal weight" rating in a research note on Thursday. Morgan Stanley dropped their target price on shares of National Vision from $14.00 to $13.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 21st. Finally, UBS Group raised 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. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $17.57.
View Our Latest Stock Analysis on EYE
National Vision Stock Up 6.4%
Shares of EYE traded up $1.09 during mid-day trading on Monday, reaching $18.26. The company's stock had a trading volume of 1,355,606 shares, compared to its average volume of 1,742,147. The company has a market cap of $1.44 billion, a price-to-earnings ratio of -91.15, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02. The business has a fifty day moving average of $12.42 and a 200 day moving average of $11.74. The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. National Vision has a 1 year low of $9.56 and a 1 year high of $18.85.
National Vision (NASDAQ:EYE - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.02. The firm had revenue of $510.32 million during the quarter, compared to analyst estimates of $510.30 million. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. The business's quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the company posted $0.32 EPS. As a group, analysts forecast that National Vision will post 0.31 earnings per share for the current fiscal year.
Hedge Funds Weigh In On National Vision
Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of National Vision by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company's stock worth $108,491,000 after purchasing an additional 167,735 shares in the last quarter. Victory Capital Management Inc. boosted its stake in National Vision by 13.1% during the fourth quarter. Victory Capital Management Inc. now owns 78,244 shares of the company's stock worth $815,000 after buying an additional 9,038 shares in the last quarter. GAMMA Investing LLC boosted its stake in National Vision by 309.2% during the fourth quarter. GAMMA Investing LLC now owns 4,906 shares of the company's stock worth $51,000 after buying an additional 3,707 shares in the last quarter. Principal Financial Group Inc. increased its holdings in National Vision by 3.0% in the 4th quarter. Principal Financial Group Inc. now owns 382,016 shares of the company's stock valued at $3,981,000 after buying an additional 11,281 shares during the period. Finally, Ieq Capital LLC acquired a new position in shares of National Vision in the 4th quarter valued at $247,000.
About National Vision
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider National Vision, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and National Vision wasn't on the list.
While National Vision currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
