National Vision (NASDAQ:EYE) Sets New 1-Year Low at $12.62

National Vision Holdings, Inc. (NASDAQ:EYE)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $12.62 and last traded at $12.63, with a volume of 103476 shares traded. The stock had previously closed at $12.80.

Analysts Set New Price Targets

Separately, Barclays reduced their price objective on shares of National Vision from $19.00 to $16.00 and set an “equal weight” rating for the company in a report on Friday, May 10th. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $19.60.

National Vision Stock Up 0.6 %

The firm’s fifty day moving average is $15.34 and its 200-day moving average is $18.87. The company has a current ratio of 1.01, a quick ratio of 0.69 and a debt-to-equity ratio of 0.53.

National Vision (NASDAQ:EYE) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. National Vision had a negative net margin of 3.44% and a positive return on equity of 3.47%. The firm had revenue of $542.52 million during the quarter, compared to the consensus estimate of $557.47 million. On average, equities research analysts expect that National Vision Holdings, Inc. will post 0.34 EPS for the current fiscal year.

Insider Buying and Selling at National Vision

In related news, Director D Randolph Peeler acquired 34,000 shares of the stock in a transaction on Friday, May 10th. The stock was purchased at an average price of $14.45 per share, for a total transaction of $491,300.00. Following the transaction, the director now owns 182,880 shares of the company’s stock, valued at approximately $2,642,616. The acquisition was disclosed in a filing with the SEC, which is available through this link. In other National Vision news, Director D Randolph Peeler purchased 34,000 shares of the stock in a transaction dated Friday, May 10th. The stock was bought at an average price of $14.45 per share, for a total transaction of $491,300.00. Following the transaction, the director now directly owns 182,880 shares in the company, valued at $2,642,616. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO L Reade Fahs acquired 20,000 shares of National Vision stock in a transaction that occurred on Monday, May 13th. The shares were purchased at an average cost of $14.96 per share, for a total transaction of $299,200.00. Following the purchase, the chief executive officer now directly owns 633,097 shares in the company, valued at $9,471,131.12. The disclosure for this purchase can be found here. Corporate insiders own 2.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quadrant Capital Group LLC boosted its stake in National Vision by 252.9% during the 4th quarter. Quadrant Capital Group LLC now owns 1,694 shares of the company’s stock worth $35,000 after acquiring an additional 1,214 shares during the last quarter. TFO Wealth Partners LLC lifted its stake in National Vision by 165,300.0% in the fourth quarter. TFO Wealth Partners LLC now owns 4,962 shares of the company’s stock valued at $104,000 after buying an additional 4,959 shares in the last quarter. Headlands Technologies LLC bought a new position in National Vision in the fourth quarter valued at approximately $131,000. PNC Financial Services Group Inc. lifted its stake in National Vision by 56.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,669 shares of the company’s stock valued at $140,000 after buying an additional 2,400 shares in the last quarter. Finally, Olympiad Research LP bought a new position in National Vision in the fourth quarter valued at approximately $219,000.

About National Vision

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.