Brokerages Set National Vision Holdings, Inc. (NASDAQ:EYE) Target Price at $29.00

National Vision Holdings, Inc. (NASDAQ:EYE) has received a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $29.00.

EYE has been the topic of several research reports. UBS Group cut their target price on National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a research report on Tuesday, November 18th. Morgan Stanley upped their price target on National Vision from $26.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. Wall Street Zen lowered National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Citigroup raised their price target on shares of National Vision from $29.00 to $35.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Finally, Zacks Research raised shares of National Vision from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th.

National Vision Stock Down 0.7%

Shares of NASDAQ:EYE opened at $26.35 on Monday. The stock’s 50-day moving average price is $27.72 and its two-hundred day moving average price is $26.02. The company has a current ratio of 0.53, a quick ratio of 0.32 and a debt-to-equity ratio of 0.28. National Vision has a 12-month low of $10.45 and a 12-month high of $30.02. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of -878.04, a PEG ratio of 1.51 and a beta of 1.38.

National Vision (NASDAQ:EYE) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The company had revenue of $487.33 million during the quarter, compared to the consensus estimate of $472.98 million. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.12 EPS. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. On average, research analysts forecast that National Vision will post 0.31 EPS for the current year.

Institutional Trading of National Vision

A number of institutional investors have recently added to or reduced their stakes in EYE. Geneos Wealth Management Inc. purchased a new position in National Vision in the third quarter valued at about $29,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of National Vision in the second quarter valued at about $35,000. Quarry LP raised its holdings in shares of National Vision by 317.4% during the 3rd quarter. Quarry LP now owns 1,653 shares of the company’s stock valued at $48,000 after buying an additional 1,257 shares during the period. IFP Advisors Inc purchased a new stake in shares of National Vision during the 2nd quarter valued at about $83,000. Finally, Canada Pension Plan Investment Board lifted its position in National Vision by 333.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 3,900 shares of the company’s stock worth $90,000 after acquiring an additional 3,000 shares in the last quarter.

National Vision Company Profile

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price?conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.