National Vision (EYE) Scheduled to Post Earnings on Tuesday

National Vision (NASDAQ:EYEGet Rating) is scheduled to be releasing its earnings data before the market opens on Tuesday, May 10th. Analysts expect National Vision to post earnings of $0.22 per share for the quarter. National Vision has set its FY 2022 guidance at $1.030-$1.100 EPS and its FY22 guidance at $1.03-1.10 EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

National Vision (NASDAQ:EYEGet Rating) last released its quarterly earnings results on Monday, February 28th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.18. The business had revenue of $477.90 million for the quarter, compared to analysts’ expectations of $457.47 million. National Vision had a net margin of 6.17% and a return on equity of 12.87%. The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 earnings per share. On average, analysts expect National Vision to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NASDAQ:EYE opened at $38.04 on Tuesday. The stock has a market cap of $3.10 billion, a P/E ratio of 26.79, a price-to-earnings-growth ratio of 1.99 and a beta of 1.78. The firm’s fifty day simple moving average is $41.42 and its 200 day simple moving average is $45.43. National Vision has a twelve month low of $34.70 and a twelve month high of $65.92. The company has a quick ratio of 1.14, a current ratio of 1.50 and a debt-to-equity ratio of 0.61.

Several equities analysts have commented on the company. Wells Fargo & Company lowered their price objective on National Vision from $65.00 to $60.00 in a research report on Wednesday, January 5th. Citigroup cut their price target on National Vision from $58.00 to $55.00 in a research note on Tuesday, March 1st. TheStreet downgraded National Vision from a “b-” rating to a “c+” rating in a research note on Wednesday, March 30th. Morgan Stanley cut their price objective on National Vision from $70.00 to $65.00 and set an “overweight” rating for the company in a research note on Tuesday, March 1st. Finally, The Goldman Sachs Group cut their price objective on National Vision from $48.00 to $41.00 and set a “neutral” rating for the company in a research note on Tuesday, March 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $56.60.

Several large investors have recently made changes to their positions in EYE. Deutsche Bank AG grew its holdings in National Vision by 31.7% during the fourth quarter. Deutsche Bank AG now owns 179,512 shares of the company’s stock worth $8,615,000 after acquiring an additional 43,234 shares during the period. Sei Investments Co. grew its holdings in shares of National Vision by 8.4% in the fourth quarter. Sei Investments Co. now owns 186,783 shares of the company’s stock valued at $8,944,000 after purchasing an additional 14,400 shares during the period. Squarepoint Ops LLC acquired a new position in National Vision in the fourth quarter valued at about $610,000. Comerica Bank lifted its position in National Vision by 1.6% in the fourth quarter. Comerica Bank now owns 204,751 shares of the company’s stock valued at $8,163,000 after buying an additional 3,282 shares during the last quarter. Finally, California State Teachers Retirement System lifted its position in shares of National Vision by 2.7% during the fourth quarter. California State Teachers Retirement System now owns 113,678 shares of the company’s stock worth $5,455,000 after purchasing an additional 3,013 shares in the last quarter.

National Vision Company Profile (Get Rating)

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.

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Earnings History for National Vision (NASDAQ:EYE)

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