National Vision Holdings Inc (NASDAQ:EYE) finished Thursday with an addition of $0.05 to close at $15.81, an upside of 0.32 percent. An average of 1,706,820 shares of common stock have been traded in the last five days. There was a fall of -$0.54 in the past week, and it reached a new high 16 times over the past 12 months. The last 20 days have seen an average of 1,361,435 shares traded, while the 50-day average volume stands at 1,315,028.
EYE stock has decreased by -15.90% in the last month. The company shares reached their 1-month lowest point of $15.36 on 09/27/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $15.36 and a high of $43.82 in 52 weeks. It has reached a new high 6 times so far this year and lost -59.21% or -$22.95 in price. In spite of this, the price is down -63.92% from the 52-week high.
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Insider Transactions
EYE stock investors should be aware that National Vision Holdings Inc (EYE) stock had its last reported insider trading activity 268 days ago on May 23.
Valuation Metrics
National Vision Holdings Inc (EYE) has a trailing price-to-earnings (P/E) ratio of 67.85. The stock’s beta is 1.37. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.60, the price-to-book (PB) ratio at 1.36, and the price-to-cash flow ratio at 43.27.
Financial Health
The quick ratio of National Vision Holdings Inc for the three months ended June 29 was 1.03, and the current ratio was 1.36, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.03 and a total debt to equity ratio of 1.12 for the quarter ending June 29. National Vision Holdings Inc’s EBITDA margin for the year ending June 29 is 8.02%, while its operating margin for the same period stands at 2.10%. Its gross profit as reported stood at $1.08 billion compared to revenue of $2.01 billion.
Earnings Surprise
For the three-month period that ended June 29, National Vision Holdings Inc had $555.18 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $5.61 million in the quarter, while revenues of $18.27 million were shrunk -73.44%. The analyst consensus anticipated National Vision Holdings Inc’s latest quarter earnings to come in at $0.12 per share, but it turned out to be $0.17, a 41.70% surprise. For the quarter, EBITDA amounted to $33.66 million. Shareholders own equity worth $78.16 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at National Vision Holdings Inc (EYE) price momentum. RSI 9-day as of the close on 28 September was 30.94%, suggesting the stock is Neutral, with historical volatility in this time frame at 36.07%.
As of today, EYE’s price is $15.87 -3.30% or -$0.54 from its 5-day moving average. EYE is currently trading -15.72% lower than its 20-day SMA and -29.42% lower than its 100-day SMA. However, the stock’s current price level is -36.02% below the SMA50 and -58.67% below the SMA200.
The stochastic %K and %D were 16.94% and 17.42%, respectively, and the average true range (ATR) was 0.51. With the 14-day stochastic at 25.57% and the average true range at 0.53, the RSI (14) stands at 29.23%. The stock has reached -0.43 on the 9-day MACD Oscillator while the 14-day reading was at -0.67.
Analyst Ratings
Wells Fargo downgraded National Vision Holdings Inc (NASDAQ: EYE) to a an Equal weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for National Vision Holdings Inc (EYE) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell EYE, while 5 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 5 others rate it as a “buy”.
What is EYE’s price target for the next 12 months?
Analysts predict a range of price targets between $19.00 and $31.50, with a median target of $22.50. Taking a look at these predictions, the average price target given by analysts for National Vision Holdings Inc (EYE) stock is $23.65.
