National Vision Holdings, Inc. (NASDAQ:EYE) Receives Consensus Rating of “Hold” from Brokerages

Shares of National Vision Holdings, Inc. (NASDAQ:EYE) have been given a consensus recommendation of “Hold” by the five analysts that are currently covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold rating. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $23.86.

Separately, The Goldman Sachs Group lifted their price objective on shares of National Vision from $18.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 28th.

National Vision Trading Up 0.1 %

EYE stock opened at $17.88 on Friday. The firm has a fifty day moving average price of $21.15 and a 200 day moving average price of $19.61. National Vision has a fifty-two week low of $13.71 and a fifty-two week high of $27.02. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.70 and a current ratio of 1.00. The firm has a market cap of $1.40 billion, a PE ratio of -21.04, a price-to-earnings-growth ratio of 3.99 and a beta of 1.39.

National Vision (NASDAQ:EYE) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.07. The company had revenue of $506.40 million during the quarter, compared to analyst estimates of $499.49 million. National Vision had a negative net margin of 3.10% and a positive return on equity of 3.69%. National Vision’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.11) earnings per share. Sell-side analysts anticipate that National Vision will post 0.31 earnings per share for the current fiscal year.

Institutional Trading of National Vision

A number of large investors have recently made changes to their positions in the stock. Landscape Capital Management L.L.C. bought a new stake in shares of National Vision in the third quarter valued at about $1,103,000. GSA Capital Partners LLP raised its holdings in shares of National Vision by 64.0% in the third quarter. GSA Capital Partners LLP now owns 136,763 shares of the company’s stock valued at $2,213,000 after acquiring an additional 53,394 shares in the last quarter. Trexquant Investment LP raised its holdings in shares of National Vision by 20.5% in the third quarter. Trexquant Investment LP now owns 184,765 shares of the company’s stock valued at $2,989,000 after acquiring an additional 31,473 shares in the last quarter. State of New Jersey Common Pension Fund D raised its holdings in shares of National Vision by 40.4% in the third quarter. State of New Jersey Common Pension Fund D now owns 133,176 shares of the company’s stock valued at $2,155,000 after acquiring an additional 38,292 shares in the last quarter. Finally, William Blair Investment Management LLC raised its holdings in shares of National Vision by 13.9% in the third quarter. William Blair Investment Management LLC now owns 10,066,548 shares of the company’s stock valued at $162,877,000 after acquiring an additional 1,228,933 shares in the last quarter.

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.