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

Shares of National Vision Holdings, Inc. (NASDAQ:EYE) have received an average recommendation of “Hold” from the six research firms that are covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $14.00.

A number of research analysts have weighed in on EYE shares. Morgan Stanley lowered their price objective on shares of National Vision from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Citigroup boosted their price objective on shares of National Vision from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday. Wells Fargo & Company upped their price objective on shares of National Vision from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Thursday, February 27th. Finally, Barclays lifted their target price on National Vision from $12.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Monday.

Institutional Trading of National Vision

Large investors have recently made changes to their positions in the business. Polar Asset Management Partners Inc. acquired a new position in National Vision during the 4th quarter worth $2,264,000. Mackenzie Financial Corp raised its holdings in National Vision by 246.9% during the 4th quarter. Mackenzie Financial Corp now owns 98,215 shares of the company’s stock worth $1,023,000 after purchasing an additional 69,906 shares during the last quarter. Burgundy Asset Management Ltd. raised its holdings in National Vision by 138.6% during the 4th quarter. Burgundy Asset Management Ltd. now owns 4,675,539 shares of the company’s stock worth $48,719,000 after purchasing an additional 2,715,582 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in National Vision by 17.6% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 221,741 shares of the company’s stock valued at $2,311,000 after purchasing an additional 33,155 shares during the period. Finally, SG Capital Management LLC bought a new position in shares of National Vision in the 4th quarter valued at about $11,827,000.

National Vision Stock Up 3.8 %

NASDAQ:EYE traded up $0.44 during mid-day trading on Friday, reaching $12.16. The stock had a trading volume of 1,993,093 shares, compared to its average volume of 1,501,516. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37. The stock has a market cap of $958.00 million, a P/E ratio of -60.80, a PEG ratio of 3.27 and a beta of 1.44. National Vision has a fifty-two week low of $9.56 and a fifty-two week high of $24.11. The business’s 50 day moving average is $11.43 and its 200 day moving average is $11.04.

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.