Guggenheim analyst Robert Drbul reiterated a Buy rating on National Vision Holdings (EYE – Research Report) today and set a price target of $26.00. The company’s shares closed today at $19.79.
According to TipRanks, Drbul is a 5-star analyst with an average return of 6.2% and a 59.06% success rate. Drbul covers the Consumer Cyclical sector, focusing on stocks such as Nike, VF, and National Vision Holdings.
In addition to Guggenheim, National Vision Holdings also received a Buy from Loop Capital Markets’s Anthony Chukumba in a report issued on August 1. However, today, Wells Fargo maintained a Hold rating on National Vision Holdings (NASDAQ: EYE).
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Based on National Vision Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $562.37 million and a net profit of $18.27 million. In comparison, last year the company earned a revenue of $527.71 million and had a net profit of $30.15 million
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EYE in relation to earlier this year.
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National Vision Holdings, Inc. engages in optical retail. It operates through Owned and Host, and Legacy segment. The Owned and Host segment includes two brands, America’s Best and Eyeglass World, and Vista Optical locations in Fred Meyer stores. The Legacy segment involves in the operation of inventory and laboratory processing services to vision centers in Walmart retail locations. The company was founded in 1990 and is headquartered in Duluth, GA.
Read More on EYE:
- National Vision Holdings (EYE) Q2 Earnings Cheat Sheet
- National Vision downgraded to Neutral from Buy at Citi
- National Vision downgraded to Equal Weight from Overweight at Wells Fargo
- National Vision price target lowered to $20 from $23 at Barclays
- National Vision falls 9% at $22.62 after announcing end of pact with Walmart
