National Vision Holdings, Inc. (NASDAQ:EYE - Get Free Report) was down 5.2% during trading on Monday . The stock traded as low as $9.97 and last traded at $10.02. Approximately 598,372 shares changed hands during trading, a decline of 58% from the average daily volume of 1,440,316 shares. The stock had previously closed at $10.57.
National Vision Stock Down 4.4 %
The stock has a market capitalization of $795.38 million, a price-to-earnings ratio of -50.50, a PEG ratio of 3.10 and a beta of 1.41. The firm has a 50-day moving average of $11.21 and a 200 day moving average of $11.45. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37.
National Vision (NASDAQ:EYE - Get Free Report) 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. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The business had revenue of $451.50 million during the quarter, compared to analysts' expectations of $451.13 million. During the same period last year, the business earned $0.09 earnings per share. The firm's revenue was down 15.2% on a year-over-year basis. As a group, sell-side analysts forecast that National Vision Holdings, Inc. will post 0.27 earnings per share for the current fiscal year.
Hedge Funds Weigh In On National Vision
A number of institutional investors have recently bought and sold shares of the business. Meeder Asset Management Inc. bought a new position in shares of National Vision in the second quarter valued at about $32,000. KBC Group NV grew its stake in National Vision by 64.6% in the 3rd quarter. KBC Group NV now owns 3,291 shares of the company's stock valued at $36,000 after buying an additional 1,292 shares during the last quarter. Quarry LP bought a new position in National Vision in the 3rd quarter valued at about $43,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in National Vision during the third quarter worth approximately $45,000. Finally, CWM LLC lifted its position in National Vision by 197.7% during the third quarter. CWM LLC now owns 8,089 shares of the company's stock worth $88,000 after acquiring an additional 5,372 shares during the last quarter.
About National Vision
(
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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.
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