National Vision (NASDAQ:EYE) released its quarterly earnings data on Thursday. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.10, Briefing.com reports. The business had revenue of $431.90 million during the quarter, compared to analyst estimates of $427.83 million. National Vision had a return on equity of 6.30% and a net margin of 0.92%. The company’s revenue was up 11.5% compared to the same quarter last year. During the same period last year, the company posted $0.12 EPS.

Shares of NASDAQ:EYE traded down $1.96 during midday trading on Friday, hitting $27.75. 1,040,100 shares of the stock were exchanged, compared to its average volume of 845,094. National Vision has a 52-week low of $22.02 and a 52-week high of $45.38. The company has a market capitalization of $1.97 billion, a PE ratio of 61.67, a P/E/G ratio of 2.67 and a beta of 1.43. The business’s fifty day simple moving average is $24.13 and its two-hundred day simple moving average is $27.86. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.57 and a current ratio of 0.94.

In related news, SVP John Vaught sold 48,611 shares of National Vision stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $30.11, for a total transaction of $1,463,677.21. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Vision Aggregator L.P. Kkr sold 9,149,908 shares of National Vision stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $30.52, for a total value of $279,255,192.16. The disclosure for this sale can be found here. 2.60% of the stock is owned by company insiders.

Several equities research analysts have recently weighed in on the company. UBS Group raised their price objective on National Vision from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday. Wells Fargo & Co decreased their target price on National Vision from $37.00 to $30.00 and set an “outperform” rating for the company in a research report on Monday, September 30th. Loop Capital raised National Vision from a “hold” rating to a “buy” rating and raised their target price for the stock from $30.00 to $37.00 in a research report on Wednesday, August 7th. Bank of America raised National Vision from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. Finally, ValuEngine raised National Vision from a “hold” rating to a “buy” rating in a research report on Friday. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $38.00.

National Vision Company Profile

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer primarily in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products, as well as eye exams through its America's Best, Eyeglass World, Vista Optical, and Vista Optical Military, as well as Vision Center brand stores; and provides health maintenance organization, vision care benefit plan, and optometric services.

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Earnings History for National Vision (NASDAQ:EYE)

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