National Vision Sees Unusually Large Options Volume (NASDAQ:EYE)

National Vision Holdings, Inc. (NASDAQ:EYE) was the target of unusually large options trading on Wednesday. Stock investors acquired 10,025 call options on the company. This represents an increase of approximately 1,602% compared to the typical daily volume of 589 call options.

National Vision Trading Up 1.8%

NASDAQ EYE traded up $0.41 on Wednesday, reaching $23.53. The company had a trading volume of 287,795 shares, compared to its average volume of 1,756,127. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 41.28, a P/E/G ratio of 1.96 and a beta of 1.02. National Vision has a fifty-two week low of $14.75 and a fifty-two week high of $30.02. The business has a 50 day moving average of $18.83 and a two-hundred day moving average of $22.95. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.62 and a quick ratio of 0.37.

National Vision (NASDAQ:EYE) last announced its earnings results on Wednesday, May 13th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.43 by $0.02. The firm had revenue of $543.88 million for the quarter, compared to the consensus estimate of $545.09 million. National Vision had a return on equity of 6.41% and a net margin of 2.31%.The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.34 EPS. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. Analysts forecast that National Vision will post 0.58 EPS for the current year.

Wall Street Analyst Weigh In

EYE has been the subject of several research reports. Barclays dropped their target price on National Vision from $38.00 to $27.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. Weiss Ratings upgraded National Vision from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, May 14th. Wells Fargo & Company lowered their price objective on National Vision from $30.00 to $20.00 and set an “equal weight” rating for the company in a research note on Thursday, May 14th. Bank of America dropped their price objective on shares of National Vision from $35.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Finally, Citigroup cut their target price on shares of National Vision from $40.00 to $39.00 and set a “buy” rating on the stock in a research report on Friday, May 15th. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.08.

Hedge Funds Weigh In On National Vision

A number of hedge funds have recently made changes to their positions in EYE. Wedge Capital Management L L P NC boosted its holdings in National Vision by 25.0% in the second quarter. Wedge Capital Management L L P NC now owns 118,077 shares of the company’s stock valued at $2,245,000 after acquiring an additional 23,645 shares during the last quarter. Versant Capital Management Inc raised its holdings in National Vision by 96.2% during the 2nd quarter. Versant Capital Management Inc now owns 1,789 shares of the company’s stock worth $34,000 after purchasing an additional 877 shares during the last quarter. Empowered Funds LLC bought a new position in National Vision during the 1st quarter worth approximately $247,000. Bank of America Corp DE lifted its position 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 worth $30,442,000 after purchasing an additional 74,607 shares during the period. Finally, Amundi lifted its position in shares of National Vision by 28.6% in the 1st 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.

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.