National Vision (NASDAQ:EYE) Reaches New 12-Month Low at $10.18

Shares of National Vision Holdings, Inc. (NASDAQ:EYE) reached a new 52-week low on Wednesday . The stock traded as low as $10.18 and last traded at $10.31, with a volume of 1102257 shares. The stock had previously closed at $10.61.

Analyst Upgrades and Downgrades

EYE has been the subject of several recent analyst reports. The Goldman Sachs Group decreased their price target on National Vision from $20.00 to $13.00 and set a “neutral” rating for the company in a research note on Friday, August 9th. UBS Group reduced their price target on National Vision from $20.00 to $18.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Finally, Barclays dropped their price objective on National Vision from $16.00 to $11.00 and set an “equal weight” rating for the company in a research note on Thursday, August 8th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $15.25.

National Vision Price Performance

The company has a current ratio of 1.01, a quick ratio of 0.69 and a debt-to-equity ratio of 0.53. The stock has a market cap of $820.96 million, a price-to-earnings ratio of -11.53, a PEG ratio of 2.87 and a beta of 1.44. The stock has a 50-day moving average price of $13.08 and a two-hundred day moving average price of $17.17.

National Vision (NASDAQ:EYE) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.06. The company had revenue of $451.70 million during the quarter, compared to analysts’ expectations of $451.35 million. National Vision had a positive return on equity of 3.47% and a negative net margin of 3.44%. The firm’s revenue was down 14.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.11 EPS. As a group, equities research analysts forecast that National Vision Holdings, Inc. will post 0.34 EPS for the current year.

Institutional Investors Weigh In On National Vision

Institutional investors have recently bought and sold shares of the company. Handelsbanken Fonder AB lifted its holdings in National Vision by 4.0% in the fourth quarter. Handelsbanken Fonder AB now owns 15,600 shares of the company’s stock valued at $327,000 after acquiring an additional 600 shares during the last quarter. CWM LLC increased its holdings in National Vision by 44.8% in the second quarter. CWM LLC now owns 2,717 shares of the company’s stock valued at $36,000 after buying an additional 841 shares during the last quarter. ProShare Advisors LLC increased its holdings in National Vision by 7.4% in the first quarter. ProShare Advisors LLC now owns 15,674 shares of the company’s stock valued at $347,000 after buying an additional 1,076 shares during the last quarter. Texas Permanent School Fund Corp increased its holdings in National Vision by 1.7% in the first quarter. Texas Permanent School Fund Corp now owns 68,480 shares of the company’s stock valued at $1,518,000 after buying an additional 1,117 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in National Vision by 252.9% in the fourth quarter. Quadrant Capital Group LLC now owns 1,694 shares of the company’s stock valued at $35,000 after acquiring an additional 1,214 shares in 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.