National Vision (NASDAQ:EYE) Stock Price Up 3.3% - Time to Buy?

National Vision Holdings, Inc. (NASDAQ:EYE - Get Free Report)'s share price shot up 3.3% during trading on Tuesday . The stock traded as high as $10.58 and last traded at $10.43. 396,260 shares were traded during trading, a decline of 72% from the average session volume of 1,440,593 shares. The stock had previously closed at $10.10.

National Vision Stock Up 3.2 %

The company has a debt-to-equity ratio of 0.30, a current ratio of 0.57 and a quick ratio of 0.37. The stock has a market capitalization of $820.58 million, a price-to-earnings ratio of -52.10, a PEG ratio of 3.10 and a beta of 1.41. The firm's fifty day moving average is $11.21 and its 200-day moving average is $11.45.

National Vision (NASDAQ:EYE - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.06 by $0.06. The business had revenue of $451.50 million for the quarter, compared to analysts' expectations of $451.13 million. National Vision had a negative net margin of 0.81% and a positive return on equity of 3.52%. The company's quarterly revenue was down 15.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.09 earnings per share. On average, sell-side analysts predict that National Vision Holdings, Inc. will post 0.27 earnings per share for the current year.

Institutional Investors Weigh In On National Vision

Institutional investors have recently modified their holdings of the business. Dimensional Fund Advisors LP lifted its position in National Vision by 28.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,975,854 shares of the company's stock valued at $38,952,000 after purchasing an additional 656,656 shares during the last quarter. D. E. Shaw & Co. Inc. raised its holdings in shares of National Vision by 115.7% during the second quarter. D. E. Shaw & Co. Inc. now owns 2,479,245 shares of the company's stock valued at $32,453,000 after buying an additional 1,330,023 shares during the last quarter. Geode Capital Management LLC grew its holdings in National Vision by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,900,371 shares of the company's stock worth $20,737,000 after buying an additional 45,754 shares in the last quarter. Marshall Wace LLP increased its position in National Vision by 85.6% in the 2nd quarter. Marshall Wace LLP now owns 1,761,767 shares of the company's stock valued at $23,062,000 after acquiring an additional 812,513 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in National Vision by 17.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,412,292 shares of the company's stock valued at $15,408,000 after acquiring an additional 208,684 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.