National Vision (NASDAQ:EYE) Stock Price Down 6.2% – Here’s Why

National Vision Holdings, Inc. (NASDAQ:EYE)’s stock price dropped 6.2% during mid-day trading on Wednesday. The stock traded as low as $18.08 and last traded at $17.8260. 155,852 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 1,877,459 shares. The stock had previously closed at $19.01.

National Vision News Roundup

Here’s some of the latest news about EYE:

• Positive Sentiment: Third-quarter adjusted earnings were $0.30 per share, above the roughly $0.17 analyst consensus and up from $0.13 a year earlier. Profit growth and margin expansion helped offset revenue of $510.5 million, which narrowly missed estimates. Article: National Vision Holdings reports third-quarter 2026 results
• Positive Sentiment: National Vision plans to expand its store base, including approximately 30 new stores over the 52 weeks ending January 2, 2027, and 50–55 openings in 2027. Article: National Vision plans store openings and forecasts revenue
• Negative Sentiment: The company’s 2026 revenue outlook of $2.02 billion–$2.04 billion is below the roughly $2.1 billion analyst expectation, and it lowered its comparable-sales growth outlook. That softer outlook could temper optimism from the earnings beat. Article: National Vision reports higher earnings but lowers comparable-sales outlook

Wall Street Analysts Forecast Growth

EYE has been the topic of a number of recent research reports. UBS Group reduced their target price on shares of National Vision from $36.00 to $34.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. Citigroup lowered their price target on shares of National Vision from $39.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Guggenheim set a $27.00 price objective on shares of National Vision in a research note on Friday, September 11th. Roth Capital restated a “buy” rating and issued a $27.00 price objective on shares of National Vision in a report on Thursday, August 13th. Finally, Morgan Stanley decreased their target price on shares of National Vision from $22.00 to $21.00 and set an “equal weight” rating for the company in a research note on Thursday, August 13th. Seven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, National Vision currently has an average rating of “Moderate Buy” and a consensus price target of $29.82.

National Vision Price Performance

The firm has a market capitalization of $1.47 billion, a PE ratio of 25.12, a PEG ratio of 1.43 and a beta of 0.96. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.59 and a quick ratio of 0.27. The firm has a 50-day simple moving average of $17.10 and a 200-day simple moving average of $20.97.

National Vision (NASDAQ:EYE) last released its quarterly earnings results on Thursday, November 12th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.17 by $0.13. National Vision had a net margin of 2.47% and a return on equity of 6.78%. The firm had revenue of $510.53 million during the quarter, compared to analyst estimates of $512.53 million. During the same quarter in the prior year, the firm earned $0.13 EPS. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. National Vision has set its FY 2026 guidance at 0.950-1.030 EPS. As a group, equities analysts forecast that National Vision Holdings, Inc. will post 0.65 earnings per share for the current year.

National Vision announced that its Board of Directors has initiated a share repurchase plan on Thursday, November 12th that allows the company to repurchase $100 million in outstanding shares. This buyback authorization allows the company to reacquire up to 7% of its stock through open market purchases. Share buyback plans are usually an indication that the company’s management believes its stock is undervalued.

Hedge Funds Weigh In On National Vision

Several institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in National Vision in the second quarter worth about $230,295,000. William Blair Investment Management LLC purchased a new position in shares of National Vision during the 2nd quarter valued at about $90,248,000. Wellington Management Group LLP grew its stake in shares of National Vision by 39.6% during the 2nd quarter. Wellington Management Group LLP now owns 7,669,853 shares of the company’s stock valued at $145,804,000 after acquiring an additional 2,173,887 shares during the period. Bank of America Corp DE bought a new position in shares of National Vision during the 2nd quarter valued at approximately $16,174,000. Finally, Avalon Trust Co bought a new position in shares of National Vision during the 2nd quarter valued at approximately $14,481,000.

National Vision Company Profile

National Vision Holdings, Inc. is a U.S. optical retailer that provides eye care services and sells eyewear. Its offerings include eye exams, prescription eyeglasses, contact lenses, sunglasses and related accessories. The company operates stores under brands including America’s Best Contacts & Eyeglasses and Eyeglass World. It also operates Vista Optical locations, including stores in select host locations. Founded in 1990, National Vision serves customers across the United States through its retail locations and online channels.