Quarterly Snapshot: Quick and Current Ratios for National Vision Holdings Inc (EYE)

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The closing price of National Vision Holdings Inc (NASDAQ: EYE) was $14.54 for the day, down -0.48% from the previous closing price of $14.61. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 2.0 million shares were traded. EYE stock price reached its highest trading level at $14.64 during the session, while it also had its lowest trading level at $13.97.

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 7.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 90.80. 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 13 ’24 when FAHS L READE bought 20,000 shares for $14.96 per share. The transaction valued at 299,200 led to the insider holds 633,097 shares of the business.

PEELER D RANDOLPH bought 34,000 shares of EYE for $491,198 on May 10 ’24. The Director now owns 182,880 shares after completing the transaction at $14.45 per share.

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 1142276992 and an Enterprise Value of 1914353792. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 0.891 whereas that against EBITDA is 14.326.

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 -17.51%, while the 200-Day Moving Average is calculated to be -21.80%.

Shares Statistics:

EYE traded an average of 1.10M shares per day over the past three months and 1271360 shares per day over the past ten days. A total of 78.31M shares are outstanding, with a floating share count of 76.99M. Insiders hold about 2.00% of the company’s shares, while institutions hold 111.48% stake in the company. Shares short for EYE as of 1715731200 were 6785873 with a Short Ratio of 6.15, compared to 1713139200 on 7822281. Therefore, it implies a Short% of Shares Outstanding of 6785873 and a Short% of Float of 14.95.

Earnings Estimates

The market rating for National Vision Holdings Inc (EYE) is a result of the insights provided by 9.0 analysts actively involved in the assessment.On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.15 and a low estimate of -$0.01, while EPS last year was $0.17. The consensus estimate for the next quarter is $0.14, with high estimates of $0.2 and low estimates of $0.1.

Analysts are recommending an EPS of between $0.65 and $0.42 for the fiscal current year, implying an average EPS of $0.56. EPS for the following year is $0.77, with 10.0 analysts recommending between $0.84 and $0.58.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. It ranges from a high estimate of $522.79M to a low estimate of $420M. As of the current estimate, National Vision Holdings Inc’s year-ago sales were $525.34MFor the next quarter, 9 analysts are estimating revenue of $467.84M. There is a high estimate of $492M for the next quarter, whereas the lowest estimate is $457.07M.

A total of 10 analysts have provided revenue estimates for EYE’s current fiscal year. The highest revenue estimate was $2B, while the lowest revenue estimate was $1.83B, resulting in an average revenue estimate of $1.91B. In the same quarter a year ago, actual revenue was $2.13BBased on 10 analysts’ estimates, the company’s revenue will be $1.98B in the next fiscal year. The high estimate is $2.06B and the low estimate is $1.92B.

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