Wells Fargo & Co Reiterates Buy Rating for National Vision (EYE)

Wells Fargo & Co reaffirmed their buy rating on shares of National Vision (NASDAQ:EYE) in a report issued on Thursday. Wells Fargo & Co currently has a $45.00 price objective on the stock, up from their previous price objective of $37.00.

A number of other research firms have also recently commented on EYE. Guggenheim initiated coverage on National Vision in a report on Tuesday, November 21st. They set a buy rating for the company. UBS Group initiated coverage on National Vision in a report on Monday, November 20th. They set a neutral rating and a $31.00 price target for the company. Goldman Sachs Group initiated coverage on National Vision in a report on Monday, November 20th. They set a neutral rating and a $30.00 price target for the company. Jefferies Group initiated coverage on National Vision in a report on Monday, November 20th. They set a buy rating and a $36.00 price target for the company. Finally, Bank of America initiated coverage on National Vision in a report on Monday, November 20th. They set a neutral rating for the company. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of Buy and an average target price of $35.50.

National Vision (NASDAQ EYE) traded up $1.12 during trading on Thursday, reaching $43.13. The company had a trading volume of 215,689 shares, compared to its average volume of 406,799. National Vision has a fifty-two week low of $27.19 and a fifty-two week high of $43.80. The company has a debt-to-equity ratio of 3.59, a current ratio of 0.82 and a quick ratio of 0.41. The company has a market capitalization of $3,310.00 and a PE ratio of -308.07.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Thursday, December 7th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.04. sell-side analysts anticipate that National Vision will post 0.61 earnings per share for the current year.

In other news, CFO Patrick R. Moore acquired 4,500 shares of National Vision stock in a transaction dated Monday, October 30th. The stock was bought at an average price of $22.00 per share, for a total transaction of $99,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Raymond J. Mcallister acquired 11,200 shares of National Vision stock in a transaction dated Monday, October 30th. The shares were purchased at an average price of $22.00 per share, with a total value of $246,400.00. The disclosure for this purchase can be found here.

A hedge fund recently bought a new stake in National Vision stock. Schwab Charles Investment Management Inc. acquired a new position in shares of National Vision Holdings Inc (NASDAQ:EYE) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 71,879 shares of the company’s stock, valued at approximately $2,920,000. Schwab Charles Investment Management Inc. owned 0.10% of National Vision as of its most recent SEC filing.

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About National Vision

National Vision Holdings, Inc is an optical retail company. The Company is focused on offering a variety of products and services for customers’ eye care needs. The Company’s segments include owned & host segment and legacy segment. The owned & host segment includes two owned brands, America’s Best and Eyeglass World, and Vista Optical locations in Fred Meyer stores.

Analyst Recommendations for National Vision (NASDAQ:EYE)

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