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

National Vision Holdings, Inc. (NASDAQ:EYE) has received a consensus rating of “Hold” from the five analysts that are presently covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $22.17.

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

National Vision Stock Up 1.9 %

Shares of NASDAQ:EYE opened at $17.90 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.70 and a debt-to-equity ratio of 0.54. National Vision has a twelve month low of $13.71 and a twelve month high of $27.02. The company has a market capitalization of $1.40 billion, a PE ratio of -21.06, a P/E/G ratio of 3.98 and a beta of 1.47. The firm has a 50 day simple moving average of $20.88 and a 200-day simple moving average of $19.72.

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. lifted its stake in National Vision by 56.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,669 shares of the company’s stock valued at $140,000 after buying an additional 2,400 shares in the last quarter. Vanguard Group Inc. boosted its stake in National Vision by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 8,882,529 shares of the company’s stock worth $185,911,000 after buying an additional 54,422 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in National Vision by 6.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 868,126 shares of the company’s stock valued at $18,170,000 after purchasing an additional 54,934 shares during the period. Prelude Capital Management LLC purchased a new stake in shares of National Vision during the 4th quarter valued at $3,273,000. Finally, Hawk Ridge Capital Management LP purchased a new stake in National Vision during the fourth quarter valued at about $69,274,000.

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.