National Vision Holdings Inc (NASDAQ:EYE) has earned a consensus rating of “Buy” from the ten research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $34.71.
Several research analysts have recently weighed in on the company. Barclays began coverage on National Vision in a research note on Tuesday, November 12th. They set an “overweight” rating and a $34.00 price target for the company. Wells Fargo & Co lowered their price objective on National Vision from $37.00 to $30.00 and set an “outperform” rating on the stock in a research note on Monday, September 30th. Bank of America raised shares of National Vision from a “neutral” rating to a “buy” rating in a report on Tuesday, October 1st. Finally, ValuEngine upgraded shares of National Vision from a “hold” rating to a “buy” rating in a research report on Friday, November 8th.
In related news, Director Thomas V. Taylor acquired 3,610 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were bought at an average cost of $27.59 per share, for a total transaction of $99,599.90. Insiders own 2.60% of the company’s stock.
Shares of NASDAQ EYE opened at $30.38 on Tuesday. The stock has a fifty day simple moving average of $27.15 and a two-hundred day simple moving average of $28.08. National Vision has a 1-year low of $22.02 and a 1-year high of $35.66. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 67.51, a price-to-earnings-growth ratio of 3.20 and a beta of 1.56. The company has a current ratio of 0.92, a quick ratio of 0.55 and a debt-to-equity ratio of 1.19.
National Vision (NASDAQ:EYE) last released its earnings results on Thursday, November 7th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.10. The business had revenue of $431.90 million during the quarter, compared to the consensus estimate of $427.83 million. National Vision had a return on equity of 6.01% and a net margin of 0.62%. The business’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period last year, the business posted $0.12 earnings per share. Analysts forecast that National Vision will post 0.54 EPS for the current year.
About National Vision
National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer primarily in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products, as well as eye exams through its America's Best, Eyeglass World, Vista Optical, and Vista Optical Military, as well as Vision Center brand stores; and provides health maintenance organization, vision care benefit plan, and optometric services.
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