National Vision Holdings, Inc. (NASDAQ:EYE) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of National Vision Holdings, Inc. (NASDAQ:EYE) have received an average rating of “Moderate Buy” from the twelve analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $27.5833.

A number of research analysts have recently commented on the company. Citigroup increased their target price on National Vision from $29.00 to $35.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. National Bankshares set a $32.00 price objective on shares of National Vision in a research report on Tuesday. Guggenheim raised shares of National Vision to a “strong-buy” rating in a research note on Wednesday. Barclays upped their target price on shares of National Vision from $28.00 to $30.00 and gave the company an “overweight” rating in a research report on Tuesday, November 18th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of National Vision in a research report on Wednesday, October 8th.

National Vision Stock Down 1.4%

EYE opened at $28.83 on Friday. The company has a market capitalization of $2.29 billion, a PE ratio of -960.68, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. The firm has a 50-day simple moving average of $26.57 and a two-hundred day simple moving average of $24.87. The company has a quick ratio of 0.32, a current ratio of 0.53 and a debt-to-equity ratio of 0.28. National Vision has a 52 week low of $9.93 and a 52 week high of $29.87.

National Vision (NASDAQ:EYE) last posted its earnings results on Wednesday, November 5th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The company had revenue of $487.33 million for the quarter, compared to the consensus estimate of $472.98 million. National Vision had a positive return on equity of 3.58% and a negative net margin of 0.12%.The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.12 earnings per share. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. Analysts forecast that National Vision will post 0.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On National Vision

Large investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. purchased a new stake in shares of National Vision in the third quarter valued at $29,000. Elevation Point Wealth Partners LLC bought a new stake in shares of National Vision during the second quarter valued at approximately $35,000. Quarry LP lifted its holdings in shares of National Vision by 317.4% in the 3rd quarter. Quarry LP now owns 1,653 shares of the company’s stock worth $48,000 after buying an additional 1,257 shares during the period. Smartleaf Asset Management LLC grew its position in shares of National Vision by 69.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 3,004 shares of the company’s stock worth $39,000 after buying an additional 1,230 shares in the last quarter. Finally, LSV Asset Management purchased a new position in shares of National Vision during the third quarter valued at $93,000.

About National Vision

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.