National Vision (NASDAQ:EYE) Price Target Raised to $13.00

National Vision (NASDAQ:EYE) had its price objective boosted by Citigroup from $12.00 to $13.00 in a research note published on Friday,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other equities analysts also recently commented on the company. Wells Fargo & Company increased their target price on National Vision from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Thursday, February 27th. Morgan Stanley cut their target price on shares of National Vision from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 21st. Finally, Barclays boosted their target price on shares of National Vision from $12.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, March 3rd. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $14.00.

National Vision Stock Performance

NASDAQ EYE opened at $12.16 on Friday. National Vision has a fifty-two week low of $9.56 and a fifty-two week high of $24.11. The stock has a market cap of $958.00 million, a PE ratio of -60.80, a PEG ratio of 3.27 and a beta of 1.51. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. The firm’s fifty day moving average price is $11.46 and its two-hundred day moving average price is $11.06.

Institutional Trading of National Vision

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

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.