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Brokerages have given National Vision Holdings, Inc. (NASDAQ:EYE) a consensus rating of “Buy.”

Brokerages have given National Vision Holdings, Inc. (NASDAQ:EYE) a consensus rating of “Buy.”

According to Bloomberg Ratings, the seven analysts currently covering National Vision Holdings, Inc. (NASDAQ: EYE) have given the company an average “buy” rating, indicating that investors should consider purchasing the company’s stock. This information indicates that investors should consider purchasing the company’s stock. In addition, five different research experts concluded that buying the stock would benefit the investor. The average price target for the stock that brokerage firms have established over the past year by analysts who have filed research on the stock is $44.17 for the next 12 months. This price target was established by analysts who have filed research on the stock.
Reports on EYE have been recently compiled and distributed by several distinct research organizations. Jefferies Financial Group reaffirmed their “buy” rating on shares of National Vision and set a price objective of $45.00 on the stock in a research note published on Monday, November 7. The note also included a price objective of $45.00. Barclays upgraded National Vision from an “underweight” rating to a “neutral” rating. They increased their target price for the stock from $39.00 to $43.00 in a research report published on Monday, November 14. In addition, the target price for the stock was increased. Goldman Sachs Group altered its recommendation for National Vision stock on November 14, changing it from “hold” to “buy,” and raised its price objective from $36.00 to $36.00. This information was included in a research report made available to the general public on November 14. Morgan Stanley increased the price objective they had previously set for National Vision from $40.00 to $43.00 in a research note published on Friday, November 11. In addition to that, they labeled the stock “overweight.” Finally, Citigroup increased their price target on National Vision from $41.00 to $48.00 and assigned the stock a “buy” rating in a research report released on Tuesday, November 15.
In addition, Ravi Acharya, Senior Vice President of National Vision, sold 1,394 National Vision stock on January 4. A total sale of shares worth $55,760.00 was achieved at an average price of $40 per share. As a direct result of the transaction, the senior vice president now owns 832 shares. Each share has a value of approximately $33,280, so the total value of the senior vice president’s holdings is approximately $33,280. On the Securities and Exchange Commission’s (SEC) website, you can access the information submitted to the SEC regarding the transaction, which is currently available. Corporate insiders are responsible for 1.70 percent of the total shares in circulation that the company holds.
Recent events have resulted in institutional investors adjusting the percentages of ownership they formerly held in the company. Point72 Hong Kong Ltd. invested approximately $74,000 during the third quarter to purchase a new holding in National Vision. The value of Quadrant Capital Group LLC’s holdings in National Vision increased by 420.9% during the third quarter compared to the previous quarter. Quadrant Capital Group LLC now has 2,563 shares of the company’s stock, valued at $84,000, after purchasing an additional 2,071 shares of the company’s stock during the most recent fiscal quarter. These shares were purchased for a total of $80,000. During the third quarter of 2018, the Public Employees Retirement System of Ohio raised the amount of National Vision stock that it owned to a percentage that was 12.1% higher than before. Following the acquisition of an additional 309 shares during the most recent quarter, the Public Employees Retirement System of Ohio now has 2,853 shares of the company’s stock, currently valued at $93,000. This brings the system’s overall holdings to 2,853 shares of the company’s stock. In addition, a donation of $93,000 was made to National Vision by Fred Alger Management LLC during the third quarter of the fiscal year. And finally, during the second quarter, Ensign Peak Advisors Inc. increased the proportion of its total assets invested in National Vision by 112%. After making an additional purchase of 3,410 shares during the most recent quarter, Ensign Peak Advisors Inc. now holds 6,450 shares of the company’s stock in its ownership. The value of these shares as of right now is $177,000.
On Friday morning, the price of a share of National Vision was $40.46 when trading got underway. The enterprise has a price-to-earnings ratio of 59.50, a beta value of 1.48, and a market capitalization of $3.19 billion. The stock’s simple moving average over the past fifty days is $39.02, and its simple moving average over the past 200 days is $34.84. Currently, the debt-to-equity ratio stands at 0.62, the current ratio stands at 1.42, and the quick ratio sits at 1.05. Over the previous twelve months, the price of National Vision ranged from a low of $22.59 to a high of $46.02 at various points.
In a report made available to the general public on November 10, National Vision (NASDAQ: EYE) discussed its performance. The company reported earnings per share (EPS) for the quarter at $0.12, $0.08 more than the average prediction of $0.04 per share. The analysts’ estimates for the company’s quarterly revenue were between $499.85 million and $499.21 million. The analysts provided this range of estimates. The return on equity for National Vision came in at 6.19%, and the company had a net margin of 2.86%. According to projections made by industry analysts, the current fiscal year is expected to result in earnings per share of $0.44 for National Vision.
One of the areas of business that National Vision Holdings, Inc.’s subsidiaries are responsible for managing in the United States is the retail optical sector. Owned & Hosted and Legacy are the two departments that, when combined, make up the entirety of the business, which are Legacy and Owned & Hosted. In addition to doing so at the Vision Center, the company also does so at its America’s Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military locations. In addition, it operates as a retailer of optical accessories and products, such as contact lenses and eyeglasses. Furthermore, it offers its services in optometry and health maintenance organizations.

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