Brokerages Set National Vision Holdings, Inc. (NASDAQ:EYE) PT at $14.00

National Vision Holdings, Inc. (NASDAQ:EYE) has received an average rating of “Hold” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $14.00.

Several research analysts have recently weighed in on the company. Morgan Stanley reduced their price objective on National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 21st. Wells Fargo & Company raised their price target on shares of National Vision from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 27th. Barclays lifted their price objective on shares of National Vision from $12.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, March 3rd. Finally, Citigroup increased their target price on shares of National Vision from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday, March 7th.

National Vision Price Performance

Shares of NASDAQ EYE opened at $12.35 on Friday. The company has a fifty day moving average price of $12.10 and a 200 day moving average price of $11.49. The firm has a market cap of $972.97 million, a PE ratio of -61.75, a PEG ratio of 3.27 and a beta of 1.22. The company has a current ratio of 0.57, a quick ratio of 0.37 and a debt-to-equity ratio of 0.30. National Vision has a 1-year low of $9.56 and a 1-year high of $18.68.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in National Vision by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 10,411,838 shares of the company’s stock valued at $108,491,000 after buying an additional 167,735 shares in the last quarter. Burgundy Asset Management Ltd. boosted its holdings in National Vision by 138.6% in the fourth quarter. Burgundy Asset Management Ltd. now owns 4,675,539 shares of the company’s stock worth $48,719,000 after acquiring an additional 2,715,582 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of National Vision by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,702,371 shares of the company’s stock worth $38,577,000 after purchasing an additional 30,235 shares in the last quarter. Engine Capital Management LP grew its holdings in shares of National Vision by 127.5% during the fourth quarter. Engine Capital Management LP now owns 2,528,053 shares of the company’s stock valued at $26,342,000 after buying an additional 1,417,002 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in National Vision by 81.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,308,375 shares of the company’s stock worth $24,053,000 after purchasing an additional 1,036,459 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.