National Vision Holdings Inc. [NASDAQ: EYE] traded at a high on 06/17/20, posting a 1.53 gain after which it closed the day’ session at $29.92. The results of the trading session contributed to over 1260390 shares changing hands. Over the past one week, the price volatility of National Vision Holdings Inc. stands at 6.81% while the volatility over the past one month is 6.51%.
The market cap for EYE stock reached $2.35 billion, with 80.13 million shares outstanding and 79.42 million shares in the current float. Compared to the average trading volume of 1.27M shares, EYE reached a trading volume of 1260390 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about National Vision Holdings Inc. [EYE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EYE shares is $33.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EYE stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for National Vision Holdings Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on February 04, 2020. The new note on the price target was released on February 03, 2020, representing the official price target for National Vision Holdings Inc. stock. Previously, the target price had yet another raise to $34, while Barclays analysts kept a Overweight rating on EYE stock.
The Average True Range (ATR) for National Vision Holdings Inc. is set at 2.06, with the Price to Sales ratio for EYE stock in the period of the last 12 months amounting to 1.36. The Price to Book ratio for the last quarter was 3.05, with the Price to Cash per share for the same quarter was set at 3.35. Price to Free Cash Flow for EYE in the course of the last twelve months was 29.49 with Quick ratio for the last quarter at 1.10.
How has EYE stock performed recently?
National Vision Holdings Inc. [EYE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.43. With this latest performance, EYE shares gained by 13.51% in over the last four-week period, additionally sinking by -5.29% over the last 6 months – not to mention a drop of -2.89% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EYE stock in for the last two-week period is set at 57.83, with the RSI for the last a single of trading hit 58.37, and the three-weeks RSI is set at 56.27 for National Vision Holdings Inc. [EYE]. The present Moving Average for the last 50 days of trading for this stock 26.19, while it was recorded at 28.63 for the last single week of trading, and 28.05 for the last 200 days.
National Vision Holdings Inc. [EYE]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and National Vision Holdings Inc. [EYE] shares currently have an operating margin of +4.99 and a Gross Margin at +48.17. National Vision Holdings Inc.’s Net Margin is presently recorded at +1.90.
Return on Total Capital for EYE is now 5.64, given the latest momentum, and Return on Invested Capital for the company is 2.20. Return on Equity for this stock inclined to 4.32, with Return on Assets sitting at 1.78. When it comes to the capital structure of this company, National Vision Holdings Inc. [EYE] has a Total Debt to Total Equity ratio set at 122.79. Additionally, EYE Total Debt to Total Capital is recorded at 55.11, with Total Debt to Total Assets ending up at 46.90. Long-Term Debt to Equity for the company is recorded at 114.33, with the Long-Term Debt to Total Capital now at 51.32.
Reflecting on the efficiency of the workforce at the company, National Vision Holdings Inc. [EYE] managed to generate an average of $2,784 per employee. Receivables Turnover for the company is 36.22 with a Total Asset Turnover recorded at a value of 0.93.National Vision Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.50.
Earnings analysis for National Vision Holdings Inc. [EYE]
With the latest financial reports released by the company, National Vision Holdings Inc. posted 0.2/share EPS, while the average EPS was predicted by analysts to be reported at 0.21/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -4.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EYE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for National Vision Holdings Inc. go to -5.60%.
Insider trade positions for National Vision Holdings Inc. [EYE]
There are presently around $2,572 million, in the hands of institutional investors. The top three institutional holders of EYE stocks are: ADAGE CAPITAL PARTNERS GP, L.L.C. with ownership of 7,794,969, which is approximately 1.474% of the company’s market cap and around 0.40% of the total institutional ownership; JPMORGAN CHASE & CO, holding 7,698,550 shares of the stock with an approximate value of $226.88 million in EYE stocks shares; and VANGUARD GROUP INC, currently with $216.21 million in EYE stock with ownership of nearly 2.347% of the company’s market capitalization.
Positions in National Vision Holdings Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 93 institutional holders increased their position in National Vision Holdings Inc. [NASDAQ:EYE] by around 7,936,410 shares. Additionally, 82 investors decreased positions by around 9,671,888 shares, while 13 investors held positions by with 69,659,483 shares. The mentioned changes placed institutional holdings at 87,267,781 shares, according to the latest SEC report filing. EYE stock had 28 new institutional investments in for a total of 3,228,115 shares, while 33 institutional investors sold positions of 1,767,373 shares during the same period.