The stock of National Vision Holdings Inc (EYE) has gone down by -0.17% for the week, with a -15.43% drop in the past month and a -6.89% drop in the past quarter. The volatility ratio for the week is 4.40%, and the volatility levels for the past 30 days are 3.83% for EYE. The simple moving average for the past 20 days is -7.04% for EYE’s stock, with a -8.50% simple moving average for the past 200 days.
Is It Worth Investing in National Vision Holdings Inc (NASDAQ: EYE) Right Now?
The 36-month beta value for EYE is also noteworthy at 1.47. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 4 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for EYE is 77.03M, and at present, short sellers hold a 10.15% of that float. The average trading volume of EYE on May 02, 2024 was 996.08K shares.
EYE) stock’s latest price update
National Vision Holdings Inc (NASDAQ: EYE) has experienced a rise in its stock price by 1.61 compared to its previous closing price of 17.42. However, the company has seen a fall of -0.17% in its stock price over the last five trading days. InvestorPlace reported 2024-04-28 that The rapid ascent of e-commerce and shifting consumer shopping trends are fundamentally transforming the retail sector. As a result, brick-and-mortar stores are witnessing dwindling foot traffic, squeezed profits and fierce competition.
Analysts’ Opinion of EYE
Many brokerage firms have already submitted their reports for EYE stocks, with Goldman repeating the rating for EYE by listing it as a “Neutral.” The predicted price for EYE in the upcoming period, according to Goldman is $16 based on the research report published on October 17, 2023 of the previous year 2023.
Wells Fargo, on the other hand, stated in their research note that they expect to see EYE reach a price target of $21, previously predicting the price at $30. The rating they have provided for EYE stocks is “Equal Weight” according to the report published on July 27th, 2023.
Citigroup gave a rating of “Neutral” to EYE, setting the target price at $22 in the report published on July 27th of the previous year.
EYE Trading at -15.68% from the 50-Day Moving Average
After a stumble in the market that brought EYE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.49% of loss for the given period.
Volatility was left at 3.83%, however, over the last 30 days, the volatility rate increased by 4.40%, as shares sank -14.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.04% lower at present.
During the last 5 trading sessions, EYE fell by -0.17%, which changed the moving average for the period of 200-days by -26.56% in comparison to the 20-day moving average, which settled at $18.89. In addition, National Vision Holdings Inc saw -15.43% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EYE starting from PEELER D RANDOLPH, who purchase 17,609 shares at the price of $25.73 back on May 23 ’23. After this action, PEELER D RANDOLPH now owns 148,880 shares of National Vision Holdings Inc, valued at $453,080 using the latest closing price.
PEELER D RANDOLPH, the Director of National Vision Holdings Inc, purchase 22,861 shares at $25.59 during a trade that took place back on May 22 ’23, which means that PEELER D RANDOLPH is holding 131,271 shares at $585,013 based on the most recent closing price.
Stock Fundamentals for EYE
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.52 for the gross margin
The net margin for National Vision Holdings Inc stands at -0.03. The total capital return value is set at -0.02. Equity return is now at value -7.62, with -2.77 for asset returns.
Based on National Vision Holdings Inc (EYE), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is -3.19.
Currently, EBITDA for the company is 129.99 million with net debt to EBITDA at 3.6. When we switch over and look at the enterprise to sales, we see a ratio of 1.02. The receivables turnover for the company is 24.48for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.
Conclusion
In summary, National Vision Holdings Inc (EYE) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
