National Vision (NASDAQ:EYE) Upgraded at Zacks Research

Zacks Research upgraded shares of National Vision (NASDAQ:EYE) from a hold rating to a strong-buy rating in a report issued on Tuesday,Zacks.com reports.

A number of other equities analysts also recently weighed in on EYE. Citigroup boosted their target price on National Vision from $29.00 to $35.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Guggenheim upgraded National Vision to a “strong-buy” rating in a report on Wednesday, December 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of National Vision in a research report on Wednesday, October 8th. UBS Group decreased their target price on National Vision from $41.00 to $39.00 and set a “buy” rating for the company in a research report on Tuesday, November 18th. Finally, National Bankshares set a $32.00 target price on National Vision in a research note on Tuesday, December 9th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.00.

National Vision Price Performance

EYE opened at $26.76 on Tuesday. National Vision has a 1 year low of $10.45 and a 1 year high of $30.02. 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 market capitalization of $2.12 billion, a price-to-earnings ratio of -891.70, a P/E/G ratio of 1.55 and a beta of 1.38. The firm’s fifty day moving average price is $27.53 and its two-hundred day moving average price is $25.95.

National Vision (NASDAQ:EYE) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. The company had revenue of $487.33 million for the quarter, compared to analyst estimates of $472.98 million. During the same period last year, the firm earned $0.12 earnings per share. The firm’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, analysts anticipate that National Vision will post 0.31 earnings per share for the current fiscal year.

Hedge Funds Weigh In On National Vision

Several large investors have recently modified their holdings of the business. Smartleaf Asset Management LLC lifted its stake in shares of National Vision by 14.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 3,431 shares of the company’s stock valued at $100,000 after buying an additional 440 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of National Vision by 0.9% during the second quarter. Lazard Asset Management LLC now owns 68,819 shares of the company’s stock worth $1,583,000 after acquiring an additional 637 shares in the last quarter. Amalgamated Bank boosted its holdings in shares of National Vision by 2.9% in the third quarter. Amalgamated Bank now owns 23,112 shares of the company’s stock worth $675,000 after acquiring an additional 650 shares during the period. CWM LLC grew its position in shares of National Vision by 7.4% in the second quarter. CWM LLC now owns 12,350 shares of the company’s stock valued at $284,000 after purchasing an additional 856 shares in the last quarter. Finally, Hollow Brook Wealth Management LLC raised its stake in shares of National Vision by 0.7% during the 3rd quarter. Hollow Brook Wealth Management LLC now owns 125,779 shares of the company’s stock valued at $3,672,000 after purchasing an additional 910 shares during the period.

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.