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

National Vision Holdings, Inc. (NASDAQ:EYE) has earned a consensus rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $14.00.

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

Institutional Investors Weigh In On National Vision

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in shares of National Vision by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company’s stock valued at $108,491,000 after acquiring an additional 167,735 shares during the last quarter. Burgundy Asset Management Ltd. grew its stake in National Vision by 138.6% in the fourth quarter. Burgundy Asset Management Ltd. now owns 4,675,539 shares of the company’s stock valued at $48,719,000 after purchasing an additional 2,715,582 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of National Vision by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,702,371 shares of the company’s stock worth $38,577,000 after purchasing an additional 30,235 shares during the last quarter. Engine Capital Management LP raised its stake in shares of National Vision by 127.5% during the 4th quarter. Engine Capital Management LP now owns 2,528,053 shares of the company’s stock worth $26,342,000 after purchasing an additional 1,417,002 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of National Vision by 81.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,308,375 shares of the company’s stock valued at $24,053,000 after buying an additional 1,036,459 shares during the last quarter.

National Vision Trading Up 3.8 %

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

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.