National Vision (NASDAQ:EYE) Given a $19.00 Price Target at BMO Capital Markets

National Vision (NASDAQ:EYE) received a $19.00 target price from stock analysts at BMO Capital Markets in a research report issued on Monday, MarketBeat Ratings reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 1.39% from the stock’s previous close.

Other equities analysts have also issued reports about the company. The Goldman Sachs Group upped their target price on National Vision from $13.00 to $17.00 and gave the stock a “neutral” rating in a research report on Friday, May 9th. Loop Capital upped their target price on National Vision from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, May 8th. Wells Fargo & Company upped their target price on National Vision from $13.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 8th. Citigroup raised National Vision from a “neutral” rating to a “buy” rating and upped their target price for the stock from $13.00 to $21.00 in a research report on Friday, May 9th. Finally, Bank of America raised National Vision from an “underperform” rating to a “buy” rating in a research report on Wednesday, May 7th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, National Vision presently has a consensus rating of “Hold” and an average target price of $17.75.

National Vision Price Performance

Shares of EYE opened at $18.74 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. National Vision has a 52-week low of $9.56 and a 52-week high of $19.49. The business’s 50 day moving average price is $13.68 and its two-hundred day moving average price is $12.25. The firm has a market cap of $1.48 billion, a PE ratio of -93.70, a price-to-earnings-growth ratio of 3.27 and a beta of 1.02.

National Vision (NASDAQ:EYE) last issued 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 positive return on equity of 3.52% and a negative net margin of 0.81%. The company had revenue of $510.32 million for the quarter, compared to analyst estimates of $510.30 million. During the same period in the prior year, the firm earned $0.32 earnings per share. National Vision’s revenue for the quarter was up 5.7% on a year-over-year basis. On average, equities analysts anticipate that National Vision will post 0.31 EPS for the current year.

Insider Activity at National Vision

In other National Vision news, SVP Ravi Acharya sold 12,000 shares of the company’s stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $18.75, for a total value of $225,000.00. Following the completion of the transaction, the senior vice president now owns 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in National Vision by 6.0% in the 1st 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 during the period. Woodline Partners LP grew its stake in National Vision by 172.7% in the 1st 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 during the period. Teza Capital Management LLC bought a new position in National Vision in the 1st quarter valued at $142,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in National Vision by 4.4% in the 1st 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 during the period. Finally, Kettle Hill Capital Management LLC bought a new position in National Vision in the 1st quarter valued at $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.