National Vision (NASDAQ:EYE) Trading Down 5.8% – Here’s What Happened

National Vision Holdings, Inc. (NASDAQ:EYE)’s share price dropped 5.8% during trading on Thursday . The stock traded as low as $15.86 and last traded at $15.7180. Approximately 1,172,263 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 1,629,134 shares. The stock had previously closed at $16.68.

Wall Street Analyst Weigh In

Several brokerages have issued reports on EYE. Guggenheim upped their price target on shares of National Vision from $32.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Zacks Research downgraded National Vision from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 12th. Wolfe Research set a $35.00 target price on National Vision in a research report on Wednesday, March 4th. Barclays lowered their price objective on shares of National Vision from $38.00 to $27.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Finally, Bank of America cut their target price on National Vision from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, National Vision currently has an average rating of “Moderate Buy” and an average price target of $30.08.

National Vision Stock Down 0.4%

The business’s 50-day moving average price is $21.61 and its 200-day moving average price is $25.42. The company has a quick ratio of 0.37, a current ratio of 0.62 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $1.24 billion, a PE ratio of 27.09, a price-to-earnings-growth ratio of 1.32 and a beta of 1.07.

National Vision (NASDAQ:EYE) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. National Vision had a return on equity of 6.41% and a net margin of 2.31%.The business had revenue of $543.88 million during the quarter, compared to analysts’ expectations of $545.09 million. During the same period in the previous year, the business posted $0.34 earnings per share. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. As a group, equities research analysts predict that National Vision Holdings, Inc. will post 0.59 EPS for the current fiscal year.

Institutional Trading of National Vision

A number of institutional investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in shares of National Vision by 6.8% in the 1st quarter. Bank of America Corp DE now owns 1,175,370 shares of the company’s stock valued at $30,442,000 after purchasing an additional 74,607 shares during the period. Amundi raised its holdings in National Vision by 28.6% in the first quarter. Amundi now owns 23,935 shares of the company’s stock worth $620,000 after purchasing an additional 5,325 shares during the period. EverSource Wealth Advisors LLC lifted its position in National Vision by 56.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,531 shares of the company’s stock valued at $66,000 after acquiring an additional 917 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of National Vision by 24.4% in the 1st quarter. California State Teachers Retirement System now owns 90,283 shares of the company’s stock valued at $2,338,000 after purchasing an additional 17,701 shares during the period. Finally, Empowered Funds LLC bought a new stake in shares of National Vision in the first quarter valued at about $247,000.

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.