National Vision (NASDAQ:EYE) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

National Vision (NASDAQ:EYE) had its price objective lifted by stock analysts at Wells Fargo & Company from $12.00 to $13.00 in a research note issued on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective points to a potential upside of 2.28% from the company’s current price.

Separately, Morgan Stanley decreased their target price on shares of National Vision from $14.00 to $13.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $13.60.

National Vision Price Performance

EYE stock opened at $12.71 on Thursday. The firm has a market cap of $1.00 billion, a P/E ratio of -63.55, a price-to-earnings-growth ratio of 3.27 and a beta of 1.44. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.37 and a current ratio of 0.57. National Vision has a 1 year low of $9.56 and a 1 year high of $24.11. The stock has a 50-day simple moving average of $11.30 and a 200-day simple moving average of $10.99.

Institutional Trading of National Vision

A number of hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in National Vision by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,900,371 shares of the company’s stock valued at $20,737,000 after acquiring an additional 45,754 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of National Vision by 17.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,412,292 shares of the company’s stock valued at $15,408,000 after purchasing an additional 208,684 shares in the last quarter. Stifel Financial Corp lifted its position in shares of National Vision by 38.8% during the third quarter. Stifel Financial Corp now owns 33,443 shares of the company’s stock worth $365,000 after purchasing an additional 9,342 shares during the last quarter. Centiva Capital LP acquired a new position in National Vision in the third quarter worth about $613,000. Finally, GAMMA Investing LLC increased its holdings in National Vision by 309.2% in the fourth quarter. GAMMA Investing LLC now owns 4,906 shares of the company’s stock valued at $51,000 after buying an additional 3,707 shares during the last quarter.

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.