National Vision Holdings, Inc. (EYE) – What Are Brokerages Thinking About This Stock?

National Vision Holdings, Inc. (NASDAQ:EYE) has been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $29.82.

Several research firms recently issued reports on EYE. Morgan Stanley decreased their target price on National Vision from $22.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 13th. Weiss Ratings downgraded National Vision from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 25th. Guggenheim set a $27.00 target price on National Vision in a research report on Friday, September 11th. Roth Capital reiterated a “buy” rating and set a $27.00 price target on shares of National Vision in a research note on Thursday, August 13th. Finally, UBS Group reduced their price target on shares of National Vision from $36.00 to $34.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th.

National Vision Price Performance

Shares of NASDAQ EYE opened at $16.20 on Wednesday. National Vision has a 52-week low of $14.75 and a 52-week high of $30.02. The business’s 50 day moving average is $17.19 and its two-hundred day moving average is $21.56.

National Vision (NASDAQ:EYE) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07. The firm had revenue of $498.81 million during the quarter. During the same period in the previous year, the firm earned $0.18 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis. Sell-side analysts expect that National Vision will post 0.65 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Quantinno Capital Management LP increased its stake in National Vision by 2.3% during the 1st quarter. Quantinno Capital Management LP now owns 26,323 shares of the company’s stock worth $682,000 after buying an additional 586 shares during the period. HB Wealth Management LLC lifted its holdings in National Vision by 2.4% during the 1st quarter. HB Wealth Management LLC now owns 33,451 shares of the company’s stock worth $866,000 after buying an additional 776 shares in the last quarter. Versant Capital Management Inc lifted its holdings in National Vision by 96.2% during the 2nd quarter. Versant Capital Management Inc now owns 1,789 shares of the company’s stock worth $34,000 after buying an additional 877 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in National Vision by 56.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,531 shares of the company’s stock valued at $66,000 after buying an additional 917 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in National Vision by 147.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,840 shares of the company’s stock valued at $30,000 after buying an additional 1,097 shares during the period.

National Vision Company Profile

National Vision Holdings, Inc is an optical retail company that provides prescription eyewear, contact lenses, eye examinations and related vision-care services. The company operates primarily in the United States through a network of retail optical locations and digital channels.

Its principal brands include America’s Best Contacts & Eyeglasses, which offers eye exams, prescription glasses and contact lenses at value-oriented prices, and Eyeglass World, which provides similar products and services.