Emerald Advisers LLC Has $46.09 Million Holdings in National Vision Holdings, Inc. $EYE

Emerald Advisers LLC decreased its holdings in shares of National Vision Holdings, Inc. (NASDAQ:EYE) by 2.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,578,960 shares of the company’s stock after selling 42,965 shares during the quarter. National Vision accounts for approximately 1.5% of Emerald Advisers LLC’s investment portfolio, making the stock its 14th largest position. Emerald Advisers LLC owned 1.99% of National Vision worth $46,090,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Geneos Wealth Management Inc. bought a new stake in shares of National Vision during the 3rd quarter valued at approximately $29,000. Elevation Point Wealth Partners LLC bought a new stake in shares of National Vision during the second quarter worth $35,000. IFP Advisors Inc bought a new stake in shares of National Vision during the second quarter worth $83,000. Canada Pension Plan Investment Board increased its holdings in shares of National Vision by 333.3% during the second quarter. Canada Pension Plan Investment Board now owns 3,900 shares of the company’s stock worth $90,000 after buying an additional 3,000 shares in the last quarter. Finally, USA Financial Formulas bought a new position in shares of National Vision in the 2nd quarter valued at $128,000.

Wall Street Analyst Weigh In

EYE has been the topic of a number of research reports. Wall Street Zen lowered National Vision from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings restated a “sell (d-)” rating on shares of National Vision in a report on Wednesday, October 8th. Citigroup upped their price objective on National Vision from $29.00 to $35.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Morgan Stanley lifted their target price on shares of National Vision from $26.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. Finally, UBS Group reduced their target price on shares of National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, National Vision currently has an average rating of “Moderate Buy” and an average target price of $29.00.

National Vision Trading Up 0.1%

NASDAQ:EYE opened at $27.21 on Thursday. National Vision Holdings, Inc. has a 52 week low of $10.45 and a 52 week high of $30.02. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.32 and a current ratio of 0.53. The firm’s fifty day moving average is $27.47 and its 200-day moving average is $25.94. The firm has a market cap of $2.16 billion, a P/E ratio of -906.70, a P/E/G ratio of 1.55 and a beta of 1.38.

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

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.