National Vision Holdings, Inc. (NASDAQ:EYE) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of National Vision Holdings, Inc. (NASDAQ:EYE) have been given a consensus recommendation of “Moderate Buy” by the twelve ratings firms that are currently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $30.0833.

A number of analysts have recently weighed in on EYE shares. Wolfe Research set a $35.00 target price on National Vision in a research note on Wednesday, March 4th. Wells Fargo & Company lowered their target price on National Vision from $30.00 to $20.00 and set an “equal weight” rating for the company in a research note on Thursday, May 14th. Citigroup lowered their target price on National Vision from $40.00 to $39.00 and set a “buy” rating for the company in a research note on Friday, May 15th. Wall Street Zen lowered National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Finally, Weiss Ratings upgraded National Vision from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, May 14th.

National Vision Stock Performance

Shares of NASDAQ:EYE opened at $15.50 on Friday. National Vision has a twelve month low of $14.75 and a twelve month high of $30.02. The firm has a market cap of $1.24 billion, a PE ratio of 27.19, a price-to-earnings-growth ratio of 1.42 and a beta of 1.07. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.37 and a current ratio of 0.62. The business has a fifty day moving average of $21.87 and a 200-day moving average of $25.49.

National Vision (NASDAQ:EYE) last announced its earnings results on Wednesday, May 13th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. National Vision had a return on equity of 6.41% and a net margin of 2.31%.The company had revenue of $543.88 million during the quarter, compared to analyst estimates of $545.09 million. During the same period last year, the company posted $0.34 earnings per share. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. On average, equities research analysts predict that National Vision will post 0.59 EPS for the current fiscal year.

Institutional Trading of National Vision

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in National Vision by 6.8% in the first quarter. Bank of America Corp DE now owns 1,175,370 shares of the company’s stock worth $30,442,000 after purchasing an additional 74,607 shares during the period. Amundi increased its position in National Vision by 28.6% in the first quarter. Amundi now owns 23,935 shares of the company’s stock worth $620,000 after purchasing an additional 5,325 shares during the period. EverSource Wealth Advisors LLC increased its position in National Vision by 56.8% in the first quarter. EverSource Wealth Advisors LLC now owns 2,531 shares of the company’s stock worth $66,000 after purchasing an additional 917 shares during the period. California State Teachers Retirement System increased its position in National Vision by 24.4% in the first quarter. California State Teachers Retirement System now owns 90,283 shares of the company’s stock worth $2,338,000 after purchasing an additional 17,701 shares during the period. Finally, Empowered Funds LLC acquired a new stake in National Vision in the first quarter worth about $247,000.

About National Vision

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price?conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.