National Vision (NASDAQ:EYE) Upgraded at Zacks Research

National Vision (NASDAQ:EYE) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

EYE has been the topic of several other research reports. Morgan Stanley upped their price target 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. Wall Street Zen cut shares of National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. UBS Group dropped their price objective on shares of National Vision from $41.00 to $39.00 and set a “buy” rating for the company in a research report on Tuesday, November 18th. Barclays increased their price objective on National Vision from $28.00 to $30.00 and gave the company an “overweight” rating in a research report on Tuesday, November 18th. Finally, National Bankshares set a $32.00 target price on National Vision in a research report on Tuesday, December 9th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $29.00.

National Vision Stock Performance

NASDAQ:EYE opened at $27.21 on Tuesday. The stock has a market capitalization of $2.16 billion, a P/E ratio of -906.70, a price-to-earnings-growth ratio of 1.55 and a beta of 1.38. National Vision has a 1 year low of $10.45 and a 1 year high of $30.02. The firm has a 50 day moving average of $27.47 and a 200-day moving average of $25.94. The company has a current ratio of 0.53, a quick ratio of 0.32 and a debt-to-equity ratio of 0.28.

National Vision (NASDAQ:EYE) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The firm had revenue of $487.33 million during the quarter, compared to the consensus estimate of $472.98 million. National Vision had a positive return on equity of 3.58% and a negative net margin of 0.12%.The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. As a group, sell-side analysts anticipate that National Vision will post 0.31 EPS for the current fiscal year.

Institutional Investors Weigh In On National Vision

Several large investors have recently bought and sold shares of the company. Wellington Management Group LLP boosted its position in shares of National Vision by 1,242.5% during the third quarter. Wellington Management Group LLP now owns 4,532,200 shares of the company’s stock worth $132,295,000 after purchasing an additional 4,194,614 shares in the last quarter. William Blair Investment Management LLC acquired a new stake in National Vision during the 2nd quarter worth $81,908,000. American Century Companies Inc. raised its stake in National Vision by 2,030.3% during the 2nd quarter. American Century Companies Inc. now owns 3,495,751 shares of the company’s stock worth $80,437,000 after buying an additional 3,331,657 shares during the period. Bank of America Corp DE lifted its holdings in National Vision by 127.9% during the second quarter. Bank of America Corp DE now owns 1,965,856 shares of the company’s stock worth $45,234,000 after acquiring an additional 1,103,213 shares in the last quarter. Finally, Fiera Capital Corp acquired a new position in National Vision in the second quarter valued at about $25,070,000.

National Vision Company Profile

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.