Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of National Vision Holdings Inc (NASDAQ: EYE) was $10.99 for the day, down -0.72% from the previous closing price of $11.07. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 1.63 million shares were traded. EYE stock price reached its highest trading level at $11.53 during the session, while it also had its lowest trading level at $10.93.
Ratios:
Our analysis of EYE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 0.62.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 23 ’24 when Moore Patrick R. sold 17,661 shares for $10.52 per share. The transaction valued at 185,794 led to the insider holds 66,881 shares of the business.
Moore Patrick R. bought 17,661 shares of EYE for $185,798 on Aug 23 ’24. On Aug 13 ’24, another insider, PEELER D RANDOLPH, who serves as the Director of the company, bought 25,000 shares for $10.57 each. As a result, the insider paid 264,200 and bolstered with 207,880 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 864204160 and an Enterprise Value of 1610446464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 0.744 whereas that against EBITDA is 12.456.
Stock Price History:
Over the past 52 weeks, EYE has reached a high of $24.11, while it has fallen to a 52-week low of $9.60. The 50-Day Moving Average of the stock is -6.38%, while the 200-Day Moving Average is calculated to be -34.99%.
Shares Statistics:
EYE traded an average of 2.18M shares per day over the past three months and 1650320 shares per day over the past ten days. A total of 78.31M shares are outstanding, with a floating share count of 76.93M. Insiders hold about 2.17% of the company’s shares, while institutions hold 105.13% stake in the company. Shares short for EYE as of 1724976000 were 4799728 with a Short Ratio of 2.20, compared to 1722384000 on 11587741. Therefore, it implies a Short% of Shares Outstanding of 4799728 and a Short% of Float of 10.560001.
