Market Insight: National Vision Holdings Inc (EYE)’s Notable Drop, Closing at 9.87

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In the latest session, National Vision Holdings Inc (NASDAQ: EYE) closed at $9.87 down -1.69% from its previous closing price of $10.04. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 0.94 million shares were traded. EYE stock price reached its highest trading level at $9.99 during the session, while it also had its lowest trading level at $9.745.

Ratios:

For a deeper understanding of National Vision Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.83. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 789500352 and an Enterprise Value of 1522374656. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 0.703 whereas that against EBITDA is 11.775.

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 -7.18%, while the 200-Day Moving Average is calculated to be -38.48%.

Shares Statistics:

For the past three months, EYE has traded an average of 1.98M shares per day and 1067630 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 105.19% stake in the company. Shares short for EYE as of 1727654400 were 5936933 with a Short Ratio of 2.99, compared to 1724976000 on 4799728. Therefore, it implies a Short% of Shares Outstanding of 5936933 and a Short% of Float of 13.059999999999999.

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