National Vision Holdings, Inc. (NASDAQ:EYE) Receives $14.00 Consensus Target Price from Analysts

National Vision Holdings, Inc. (NASDAQ:EYE) has received an average recommendation of “Hold” from the six brokerages that are covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $14.00.

EYE has been the subject of several research analyst reports. Wells Fargo & Company boosted 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. 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. Barclays upped their price target on National Vision from $12.00 to $14.00 and gave the company an “equal weight” rating in a research note on Monday, March 3rd. Finally, Citigroup lifted their price objective on National Vision from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Friday, March 7th.

National Vision Trading Down 0.3 %

Shares of NASDAQ EYE opened at $11.31 on Tuesday. National Vision has a 1-year low of $9.56 and a 1-year high of $20.80. The company has a 50-day moving average of $12.13 and a two-hundred day moving average of $11.34. The company has a market cap of $891.04 million, a PE ratio of -56.55, a P/E/G ratio of 3.27 and a beta of 1.22. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in EYE. Burgundy Asset Management Ltd. increased its holdings 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 during the last quarter. Engine Capital Management LP grew its position 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 buying an additional 1,417,002 shares during the period. Boston Partners bought a new stake in shares of National Vision in the 4th quarter valued at about $12,594,000. SG Capital Management LLC acquired a new stake in shares of National Vision in the 4th quarter valued at approximately $11,827,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in National Vision by 81.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,308,375 shares of the company’s stock worth $24,053,000 after acquiring an additional 1,036,459 shares during the last quarter.

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.