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.
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.
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