National Vision Holdings, Inc. (NASDAQ:EYE – Get Rating) – Jefferies Financial Group released its third quarter 2022 EPS estimates for National Vision stock in a research note to investors on Monday, November 7. Jefferies Financial Group analyst B. Tanquilut expects the company to earn $0.06 per share for the quarter. Jefferies Financial Group has a “Buy” rating and a price target of $45.00 on the stock. National Vision’s current annual earnings consensus estimate is $0.52 per share. Jefferies Financial Group also released estimates for National Vision’s fourth quarter 2022 earnings at ($0.02) EPS and full-year 2023 earnings at $0.63 EPS.
National Vision (NASDAQ:EYE – Get Rating) last released its quarterly earnings data on Thursday, August 11. The company reported earnings per share (EPS) of $0.16 for the quarter, beating the consensus estimate of $0.05 by $0.11. The company posted revenue of $509.60 million in the quarter, versus a consensus estimate of $500.67 million. National Vision achieved a net margin of 4.28% and a return on equity of 8.34%. National Vision’s quarterly revenue fell 7.3% from the same quarter last year. During the same period of the previous year, the company achieved EPS of $0.42.
Several other analysts have also recently published reports on EYE. Barclays raised its price target on National Vision shares from $28.00 to $39.00 and gave the stock an “overweight” rating in a Wednesday, August 17 report. Guggenheim raised its price target on National Vision shares to $38.00 in a Monday, August 15, report. One equity research analyst gave the stock a sell rating and five gave the company a buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $44.88.
National Vision Awards Performance
NASDAQ EYE opened at $37.39 on Wednesday. The company has a current ratio of 1.36, a quick ratio of 0.99 and a debt ratio of 0.63. The company has a fifty-day simple moving average of $34.54 and a 200-day simple moving average of $31.94. The company has a market capitalization of $2.95 billion, a P/E ratio of 38.15, a P/E/G ratio of 3.15 and a beta of 1.51. National Vision has a 1-year low of $22.59 and a 1-year high of $65.14.
National Vision Institutional Trading
Hedge funds have recently been buying and selling stocks. William Blair Investment Management LLC increased its equity stake in National Vision by 43.1% during the second quarter. William Blair Investment Management LLC now owns 7,764,258 shares of the company worth $213,517,000 after acquiring an additional 2,337,112 shares during the period. Wellington Management Group LLP increased its equity stake in National Vision by 43.2% during the 1st quarter. Wellington Management Group LLP now owns 3,551,095 shares of the company worth $154,721,000 after acquiring an additional 1,070,444 shares during the period. Durable Capital Partners LP increased its equity stake in National Vision by 17.8% in Q1. Durable Capital Partners LP now owns 3,411,469 shares of the company worth $148,638,000 after acquiring an additional 515,072 shares during the period. Wasatch Advisors Inc. increased its equity stake in National Vision by 9.5% in Q1. Wasatch Advisors Inc. now owns 2,994,355 shares of the company worth $130,464,000 after acquiring an additional 258,848 shares during the period. Finally, Macquarie Group Ltd. increased its stake in National Vision shares by 3.2% during the 2nd quarter. Macquarie Group Ltd. now owns 2,725,253 shares of the company worth $74,944,000 after acquiring an additional 83,267 shares during the period.
National Vision Company Profile
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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, as well as optical accessory products; offers eye exams through its military America’s Best, Eyeglass World, Vista Optical, Fred Meyer and Vista Optical, as well as Vision Center branded stores; and provides health maintenance organization and optometry services.
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