Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $18.84 in the prior trading day, National Vision Holdings Inc (NASDAQ: EYE) closed at $17.73, down -5.89%. In other words, the price has decreased by -$5.89 from its previous closing price. On the day, 0.92 million shares were traded. EYE stock price reached its highest trading level at $18.79 during the session, while it also had its lowest trading level at $17.71.
Ratios:
Our goal is to gain a better understanding of EYE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.27. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 1.11 whereas as Long-Term Debt/Eq ratio is at 1.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on October 17, 2023, Downgraded its rating to Neutral and sets its target price to $16 from $25 previously.
On July 27, 2023, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $30 to $21.
Citigroup Downgraded its Buy to Neutral on July 27, 2023, whereas the target price for the stock was revised from $28 to $22.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 23 ’23 when PEELER D RANDOLPH bought 17,609 shares for $25.73 per share. The transaction valued at 453,080 led to the insider holds 148,880 shares of the business.
PEELER D RANDOLPH bought 22,861 shares of EYE for $585,013 on May 22 ’23. The Director now owns 131,271 shares after completing the transaction at $25.59 per share. On May 17 ’23, another insider, TAYLOR THOMAS V, who serves as the Director of the company, bought 2,079 shares for $24.04 each. As a result, the insider paid 49,979 and bolstered with 25,556 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EYE now has a Market Capitalization of 1476192640 and an Enterprise Value of 2156443648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 1.014 whereas that against EBITDA is 15.739.
Stock Price History:
Over the past 52 weeks, EYE has reached a high of $27.02, while it has fallen to a 52-week low of $13.71. The 50-Day Moving Average of the stock is -16.63%, while the 200-Day Moving Average is calculated to be -9.09%.
Shares Statistics:
The stock has traded on average 989.29K shares per day over the past 3-months and 872710 shares per day over the last 10 days, according to various share statistics. A total of 78.31M shares are outstanding, with a floating share count of 76.79M. Insiders hold about 1.94% of the company’s shares, while institutions hold 110.19% stake in the company. Shares short for EYE as of 1711584000 were 8760402 with a Short Ratio of 8.86, compared to 1709164800 on 9053412. Therefore, it implies a Short% of Shares Outstanding of 8760402 and a Short% of Float of 18.58.
