National Vision (NASDAQ:EYE) Sets New 1-Year High – What’s Next?

National Vision Holdings, Inc. (NASDAQ:EYE) shares reached a new 52-week high on Monday . The stock traded as high as $29.65 and last traded at $28.2850, with a volume of 147517 shares. The stock had previously closed at $29.28.

Wall Street Analyst Weigh In

EYE has been the topic of several research analyst reports. National Bankshares set a $32.00 price target on shares of National Vision in a research report on Tuesday. Guggenheim assumed coverage on National Vision in a report on Tuesday. They set a “buy” rating on the stock. Citigroup lifted their target price on National Vision from $29.00 to $35.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Wall Street Zen lowered National Vision from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, UBS Group reduced their price objective 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. Seven investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $27.18.

National Vision Price Performance

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 company has a fifty day moving average price of $26.56 and a 200 day moving average price of $24.70. The company has a market capitalization of $2.29 billion, a P/E ratio of -960.68, a price-to-earnings-growth ratio of 2.54 and a beta of 1.37.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EYE. Geneos Wealth Management Inc. acquired a new stake in shares of National Vision in the 3rd quarter worth approximately $29,000. Elevation Point Wealth Partners LLC bought a new stake in National Vision during the second quarter worth approximately $35,000. Quarry LP lifted its position in National Vision by 317.4% in the third quarter. Quarry LP now owns 1,653 shares of the company’s stock worth $48,000 after purchasing an additional 1,257 shares during the period. Smartleaf Asset Management LLC lifted its position in National Vision by 69.3% in the first quarter. Smartleaf Asset Management LLC now owns 3,004 shares of the company’s stock worth $39,000 after purchasing an additional 1,230 shares during the period. Finally, LSV Asset Management bought a new position in National Vision during the 3rd quarter valued at $93,000.

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.