New York State Common Retirement Fund Boosts Stake in National Vision Holdings, Inc. $EYE

New York State Common Retirement Fund boosted its holdings in National Vision Holdings, Inc. (NASDAQ:EYE) by 1,140.8% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 303,192 shares of the company’s stock after acquiring an additional 278,756 shares during the quarter. New York State Common Retirement Fund owned 0.38% of National Vision worth $6,976,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Elevation Point Wealth Partners LLC purchased a new position in shares of National Vision during the second quarter worth about $35,000. Smartleaf Asset Management LLC grew its stake in National Vision by 69.3% in the 1st quarter. Smartleaf Asset Management LLC now owns 3,004 shares of the company’s stock worth $39,000 after buying an additional 1,230 shares in the last quarter. IFP Advisors Inc bought a new position in shares of National Vision in the 2nd quarter worth $83,000. USA Financial Formulas purchased a new stake in shares of National Vision during the 2nd quarter valued at $128,000. Finally, Teza Capital Management LLC bought a new stake in shares of National Vision during the 1st quarter worth $142,000.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on EYE shares. UBS Group reduced their target price on National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a research note on Tuesday, November 18th. Citigroup increased their price objective on National Vision from $29.00 to $35.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Barclays boosted their target price on National Vision from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of National Vision in a research report on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Six research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $27.00.

National Vision Trading Up 4.0%

Shares of EYE stock opened at $29.28 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.53 and a quick ratio of 0.32. The business has a 50-day moving average of $26.59 and a 200 day moving average of $24.48. The stock has a market capitalization of $2.32 billion, a PE ratio of -975.67, a P/E/G ratio of 2.53 and a beta of 1.37. National Vision Holdings, Inc. has a 1-year low of $9.93 and a 1-year high of $29.59.

National Vision (NASDAQ:EYE) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. National Vision had a positive return on equity of 3.58% and a negative net margin of 0.12%.The firm had revenue of $487.33 million during the quarter, compared to the consensus estimate of $472.98 million. During the same quarter in the previous year, the company posted $0.12 earnings per share. The business’s revenue was up 7.9% on a year-over-year basis. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. As a group, sell-side analysts anticipate that National Vision Holdings, Inc. will post 0.31 earnings per share for the current year.

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.