National Vision (NASDAQ:EYE) had its price target lifted by Citigroup from $43.00 to $51.00 in a research report issued on Thursday. The firm currently has a “buy” rating on the stock. Citigroup’s price target indicates a potential upside of 26.05% from the stock’s current price.

EYE has been the subject of several other reports. ValuEngine raised National Vision from a “hold” rating to a “buy” rating in a report on Monday, July 2nd. Bank of America boosted their price target on National Vision from $42.00 to $45.00 and gave the stock a “neutral” rating in a report on Wednesday. Zacks Investment Research cut National Vision from a “hold” rating to a “sell” rating in a report on Tuesday, May 22nd. Wells Fargo & Co began coverage on National Vision in a report on Monday, April 23rd. They set an “outperform” rating and a $40.00 price target for the company. Finally, Guggenheim reissued a “buy” rating and set a $46.00 price target on shares of National Vision in a report on Tuesday, May 15th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. National Vision currently has a consensus rating of “Buy” and a consensus target price of $43.67.

Shares of NASDAQ EYE opened at $40.46 on Thursday. The firm has a market capitalization of $3.38 billion and a price-to-earnings ratio of 76.32. The company has a quick ratio of 0.56, a current ratio of 0.99 and a debt-to-equity ratio of 0.79. National Vision has a fifty-two week low of $27.19 and a fifty-two week high of $46.00.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Tuesday, August 14th. The company reported $0.21 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.04. The company had revenue of $385.53 million during the quarter, compared to analyst estimates of $371.40 million. National Vision’s revenue was up 14.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 earnings per share. equities research analysts forecast that National Vision will post 0.64 EPS for the current fiscal year.

In other news, SVP Jeff Busbee sold 6,782 shares of the business’s stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of $38.26, for a total transaction of $259,479.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director D Randolph Peeler sold 407,561 shares of the business’s stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of $38.26, for a total value of $15,593,283.86. The disclosure for this sale can be found here. Insiders have sold a total of 16,575,169 shares of company stock valued at $634,191,181 in the last three months. 2.82% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of EYE. BlackRock Inc. grew its position in National Vision by 81.4% during the 1st quarter. BlackRock Inc. now owns 1,895,348 shares of the company’s stock worth $61,240,000 after acquiring an additional 850,315 shares during the last quarter. Eagle Asset Management Inc. grew its position in National Vision by 295.0% during the 1st quarter. Eagle Asset Management Inc. now owns 987,515 shares of the company’s stock worth $31,906,000 after acquiring an additional 737,515 shares during the last quarter. Citadel Advisors LLC grew its position in National Vision by 110.9% during the 1st quarter. Citadel Advisors LLC now owns 1,198,785 shares of the company’s stock worth $38,732,000 after acquiring an additional 630,425 shares during the last quarter. Carillon Tower Advisers Inc. grew its position in National Vision by 260.4% during the 1st quarter. Carillon Tower Advisers Inc. now owns 835,811 shares of the company’s stock worth $26,545,000 after acquiring an additional 603,867 shares during the last quarter. Finally, Wasatch Advisors Inc. grew its position in National Vision by 87.8% during the 1st quarter. Wasatch Advisors Inc. now owns 1,154,856 shares of the company’s stock worth $37,313,000 after acquiring an additional 540,041 shares during the last quarter. Institutional investors and hedge funds own 98.53% of the company’s stock.

About National Vision

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer primarily in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses under the America's Best, Eyeglass World, Walmart Vision Center, Vista Optical Fred Meyer, and Vista Optical Military brand stores, as well as provides optometric services.

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Analyst Recommendations for National Vision (NASDAQ:EYE)

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