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.
The closing price of National Vision Holdings Inc (NASDAQ: EYE) was $14.90 for the day, down -16.62% from the previous closing price of $17.87. In other words, the price has decreased by -$16.62 from its previous closing price. On the day, 4.64 million shares were traded. EYE stock price reached its highest trading level at $17.25 during the session, while it also had its lowest trading level at $14.39.
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 7.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 93.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 0.99.
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 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 1170558848 and an Enterprise Value of 2167407616. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 1.019 whereas that against EBITDA is 15.819.
Stock Price History:
The Beta on a monthly basis for EYE is 1.52, which has changed by -0.21381432 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. 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 -28.22%, while the 200-Day Moving Average is calculated to be -22.32%.
Shares Statistics:
EYE traded an average of 1.02M shares per day over the past three months and 1030800 shares per day over the past ten days. A total of 78.31M shares are outstanding, with a floating share count of 77.03M. Insiders hold about 1.94% of the company’s shares, while institutions hold 109.36% stake in the company. Shares short for EYE as of 1713139200 were 7822281 with a Short Ratio of 7.64, compared to 1710460800 on 9051002. Therefore, it implies a Short% of Shares Outstanding of 7822281 and a Short% of Float of 17.23.
Earnings Estimates
The market rating of National Vision Holdings Inc (EYE) is currently shaped by the ongoing analysis conducted by 11.0 analysts closely monitoring its performance.On average, analysts expect EPS of $0.27 for the current quarter, with a high estimate of $0.33 and a low estimate of $0.16, while EPS last year was $0.31. The consensus estimate for the next quarter is $0.08, with high estimates of $0.18 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.65 and $0.41 for the fiscal current year, implying an average EPS of $0.57. EPS for the following year is $0.78, with 11.0 analysts recommending between $0.92 and $0.68.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $571.77M to a low estimate of $515M. As of the current estimate, National Vision Holdings Inc’s year-ago sales were $562.37MFor the next quarter, 10 analysts are estimating revenue of $513.65M. There is a high estimate of $522.94M for the next quarter, whereas the lowest estimate is $500M.
A total of 11 analysts have provided revenue estimates for EYE’s current fiscal year. The highest revenue estimate was $2.03B, while the lowest revenue estimate was $1.98B, resulting in an average revenue estimate of $1.99B. In the same quarter a year ago, actual revenue was $2.13BBased on 11 analysts’ estimates, the company’s revenue will be $1.99B in the next fiscal year. The high estimate is $2.09B and the low estimate is $1.94B.
