In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $12.38 in the prior trading day, National Vision Holdings Inc (NASDAQ: EYE) closed at $12.10, down -2.26%. In other words, the price has decreased by -$2.26 from its previous closing price. On the day, 1.1 million shares were traded. EYE stock price reached its highest trading level at $12.52 during the session, while it also had its lowest trading level at $12.09.
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 11.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 0.57. In the meantime, Its Debt-to-Equity ratio is 0.99 whereas as Long-Term Debt/Eq ratio is at 0.76.
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 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 974922368 and an Enterprise Value of 1703160192. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 0.782 whereas that against EBITDA is 13.371.
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 $9.56. The 50-Day Moving Average of the stock is 12.07%, while the 200-Day Moving Average is calculated to be -16.86%.
Shares Statistics:
The stock has traded on average 1.46M shares per day over the past 3-months and 1363550 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 76.95M. Insiders hold about 2.28% of the company’s shares, while institutions hold 100.64% stake in the company. Shares short for EYE as of 1731628800 were 4527182 with a Short Ratio of 3.10, compared to 1728950400 on 6433508. Therefore, it implies a Short% of Shares Outstanding of 4527182 and a Short% of Float of 9.9300005.
Earnings Estimates
At present, 11.0 analysts are actively evaluating the performance of National Vision Holdings Inc (EYE) in the stock market.The consensus estimate for the next quarter is $0.33, with high estimates of $0.53 and low estimates of $0.26.
Analysts are recommending an EPS of between $0.54 and $0.47 for the fiscal current year, implying an average EPS of $0.49. EPS for the following year is $0.52, with 11.0 analysts recommending between $0.57 and $0.41.
Revenue Estimates
9 analysts predict $432.8M in revenue for the current quarter. It ranges from a high estimate of $439.9M to a low estimate of $413.39M. As of the current estimate, National Vision Holdings Inc’s year-ago sales were $506.4MFor the next quarter, 9 analysts are estimating revenue of $505.42M. There is a high estimate of $512.86M for the next quarter, whereas the lowest estimate is $499M.
A total of 10 analysts have provided revenue estimates for EYE’s current fiscal year. The highest revenue estimate was $1.88B, while the lowest revenue estimate was $1.81B, resulting in an average revenue estimate of $1.83B. In the same quarter a year ago, actual revenue was $2.13BBased on 10 analysts’ estimates, the company’s revenue will be $1.89B in the next fiscal year. The high estimate is $1.91B and the low estimate is $1.86B.
