As of Friday close, National Vision Holdings Inc.’s (NASDAQ:EYE) stock was down -$1.18, moving down -6.37 percent to $17.35. The average number of shares traded per day over the past five days has been 2,266,420 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.72 fall in that time frame. In the last twenty days, the average volume was 2,503,640, while in the previous 50 days, it was 1,299,732.
Since last month, EYE stock retreated -57.98%. Shares of the company fell to $17.27 on 03/17/23, the lowest level in the past month. A 52-week high of $45.86 was reached on 02/02/23 after having rallying from a 52-week low of $18.32. Since the beginning of this year, EYE’s stock price has dropped by -55.24% or -$21.41, and marked a new high 6 times. However, the stock has declined by -62.17% since its 52-week high.
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EYE stock investors should be aware that National Vision Holdings Inc. (EYE) stock had its last reported insider trading activity 73 days ago on Jan 04. Acharya Ravi, the SVP, Chief Technology Officer of the company, disposed of 1,394 shares for $40.00 on Jan 04. It resulted in a $55,760 divestment by the insider. Hepner Virginia A added 1,000 shares at an average price of $25.71 on May 13. The insider now owns 12,588 shares following the transaction. On May 12, SVP, GC and Secretary Brandman Jared bought 5,000 shares at $23.25 apiece. The transaction was valued at $116,225.
Right now, National Vision Holdings Inc. (EYE) has a P/E ratio of about 37.07. The stock’s beta is 1.54. Besides these, the trailing price-to-sales (P/S) ratio of 0.74, the price-to-book (PB) ratio of 1.54, and the price-to-cash flow ratio of 260.92 may also be considered.
In the three months ended December 30, National Vision Holdings Inc.’s quick ratio stood at 1.00, while its current ratio was 1.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.63, and the total debt-to-equity ratio was 0.63. On the profitability front, the trailing twelve-month gross margin is 53.80% percent. In the year ended December 30, operating margins totaled 3.10%. Based on annual data, EYE earned $1.08 billion in gross profit and brought in $2.01 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.90%. Return on equity (ROE) for the past 12 months was 4.60%.
In National Vision Holdings Inc.’s quarter-end financial report for December 30, it reported total debt of $563.39 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. EYE’s revenue fell -1.9% to $499.21 million during the quarter, while net income inched up to $468.93 million. While analysts expected National Vision Holdings Inc. to report -$0.02 quarterly earnings, the actual figure was -$0.08 per share. During the quarter, the company generated $15.78 million in EBITDA. The liabilities of National Vision Holdings Inc. were 1.39 billion at the end of its most recent quarter ended December 30, and its total debt was $1000.0 million. The value of shareholders’ equity is $79.0 million.
This quick technical analysis looks at National Vision Holdings Inc.’s (EYE) price momentum. With a historical volatility rate of 46.14%, the RSI 9-day stood at 7.78% on 17 March.
With respect to its five-day moving average, the current National Vision Holdings Inc. price is down by -13.55% percent or -$2.72. At present, EYE shares trade -57.53% below its 20-day simple moving average and -48.58% percent below its 100-day simple moving average. However, the stock is currently trading approximately -57.90% below its SMA50 and -38.34% below its SMA200.
Stochastic coefficient K was 1.19% and Stochastic coefficient D was 1.63%, while ATR was 1.49. Given the Stochastic reading of 0.38% for the 14-day period, the RSI (14) reading has been calculated as 11.80%. As of today, the MACD Oscillator reading stands at -1.84, while the 14-day reading stands at -3.80.
National Vision Holdings Inc. downgraded its rating on National Vision Holdings Inc. (NASDAQ: EYE) to an Equal-weight in a note to investors on January 17, 2023. The analysts firm previously had an Overweight rating on the stock.National Vision Holdings Inc. (EYE) has been rated Overweight by analysts. According to 0 brokerage firms, EYE is a sell, and 3 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate National Vision Holdings Inc. stock as buy, with 6 recommending it as overweight.
With a median target price of $26.50, the current consensus forecast for the stock is $20.00 – $38.00. Based on these forecasts, analysts predict National Vision Holdings Inc. (EYE) will achieve an average price target of $27.00.