National Vision (NASDAQ:EYE) Stock Price Up 3.3% – Still a Buy?

National Vision Holdings, Inc. (NASDAQ:EYE)’s stock price rose 3.3% during trading on Tuesday . The company traded as high as $10.58 and last traded at $10.43. Approximately 396,260 shares were traded during trading, a decline of 72% from the average daily volume of 1,440,593 shares. The stock had previously closed at $10.10.

National Vision Stock Performance

The company has a quick ratio of 0.37, a current ratio of 0.57 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $826.09 million, a PE ratio of -52.45, a price-to-earnings-growth ratio of 3.10 and a beta of 1.41. The firm has a 50-day moving average price of $11.21 and a 200 day moving average price of $11.45.

National Vision (NASDAQ:EYE) last released its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.06. The company had revenue of $451.50 million during the quarter, compared to the consensus estimate of $451.13 million. National Vision had a positive return on equity of 3.52% and a negative net margin of 0.81%. National Vision’s revenue was down 15.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.09 EPS. Research analysts expect that National Vision Holdings, Inc. will post 0.27 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EYE. Versor Investments LP increased its position in shares of National Vision by 140.6% in the 2nd quarter. Versor Investments LP now owns 52,260 shares of the company’s stock valued at $684,000 after purchasing an additional 30,537 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of National Vision by 5.9% in the 2nd quarter. Victory Capital Management Inc. now owns 58,035 shares of the company’s stock valued at $760,000 after acquiring an additional 3,228 shares during the last quarter. Quest Partners LLC raised its position in shares of National Vision by 37.5% during the 2nd quarter. Quest Partners LLC now owns 13,571 shares of the company’s stock worth $178,000 after acquiring an additional 3,702 shares in the last quarter. Headlands Technologies LLC lifted its stake in National Vision by 688.3% during the second quarter. Headlands Technologies LLC now owns 8,750 shares of the company’s stock worth $115,000 after purchasing an additional 7,640 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in National Vision by 21.5% in the second quarter. American Century Companies Inc. now owns 110,628 shares of the company’s stock valued at $1,448,000 after purchasing an additional 19,563 shares in the last quarter.

National Vision Company Profile

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America’s Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization and optometric services.