The stock of National Vision Holdings Inc (EYE) has seen a -2.64% decrease in the past week, with a -7.78% drop in the past month, and a -32.12% decrease in the past quarter. The volatility ratio for the week is 2.98%, and the volatility levels for the past 30 days are at 3.17% for EYE. The simple moving average for the past 20 days is -4.08% for EYE’s stock, with a -37.39% simple moving average for the past 200 days.
Is It Worth Investing in National Vision Holdings Inc (NASDAQ: EYE) Right Now?
EYE has 36-month beta value of 1.42. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for EYE is 76.93M, and currently, short sellers hold a 7.72% ratio of that float. The average trading volume of EYE on October 24, 2024 was 1.90M shares.
EYE) stock’s latest price update
National Vision Holdings Inc (NASDAQ: EYE) has seen a decline in its stock price by -0.26 in relation to its previous close of 9.80. However, the company has experienced a -2.64% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-10-09 that DULUTH, Ga.–(BUSINESS WIRE)–National Vision, Inc., one of the nation’s largest optical retailers providing quality, affordable eye care and eyewear, announced today that its annual scholarship program is open for entries, offering eligible optometry students the opportunity to win up to $7,500. This year’s scholarship program challenges students to explore the topic of “AI and the Future of Eye Care.” Third- and fourth-year optometry students are invited to submit written or video essays disc.
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 -6.01% 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 -59.46% of loss for the given period.
Volatility was left at 3.17%, however, over the last 30 days, the volatility rate increased by 2.98%, as shares sank -9.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.41% lower at present.
During the last 5 trading sessions, EYE fell by -2.59%, which changed the moving average for the period of 200-days by -52.13% in comparison to the 20-day moving average, which settled at $10.19. In addition, National Vision Holdings Inc saw -53.30% 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 Moore Patrick R., who sale 17,661 shares at the price of $10.52 back on Aug 23 ’24. After this action, Moore Patrick R. now owns 66,881 shares of National Vision Holdings Inc, valued at $185,794 using the latest closing price.
Moore Patrick R., the Officer of National Vision Holdings Inc, proposed sale 17,661 shares at $10.52 during a trade that took place back on Aug 23 ’24, which means that Moore Patrick R. is holding shares at $185,798 based on the most recent closing price.
Stock Fundamentals for EYE
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.5 for the gross margin
The net margin for National Vision Holdings Inc stands at -0.04. The total capital return value is set at -0.04. Equity return is now at value -8.97, with -3.51 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 0.26. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is -3.79.
Currently, EBITDA for the company is 129.99 million with net debt to EBITDA at 3.79. When we switch over and look at the enterprise to sales, we see a ratio of 0.74. The receivables turnover for the company is 33.29for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.
Conclusion
To put it simply, National Vision Holdings Inc (EYE) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
