Brokerages expect that National Vision Holdings Inc (NASDAQ:EYE) will announce earnings of $0.21 per share for the current quarter, Zacks reports. Three analysts have made estimates for National Vision’s earnings, with the highest EPS estimate coming in at $0.23 and the lowest estimate coming in at $0.19. National Vision also reported earnings of $0.21 per share in the same quarter last year. The business is expected to report its next quarterly earnings results on Tuesday, August 13th.

On average, analysts expect that National Vision will report full year earnings of $0.68 per share for the current year, with EPS estimates ranging from $0.67 to $0.69. For the next year, analysts forecast that the business will post earnings of $0.79 per share, with EPS estimates ranging from $0.74 to $0.83. Zacks’ EPS averages are an average based on a survey of research analysts that cover National Vision.

National Vision (NASDAQ:EYE) last issued its earnings results on Thursday, May 9th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. The company had revenue of $461.22 million during the quarter, compared to the consensus estimate of $455.42 million. National Vision had a net margin of 1.12% and a return on equity of 6.29%. National Vision’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.35 EPS.

Several research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of National Vision from a “hold” rating to a “sell” rating in a report on Monday, March 4th. ValuEngine upgraded shares of National Vision from a “hold” rating to a “buy” rating in a research note on Friday, January 25th. Finally, Guggenheim reiterated a “buy” rating and issued a $40.00 price target on shares of National Vision in a research note on Thursday, May 9th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. National Vision has an average rating of “Buy” and an average price target of $45.25.

National Vision stock traded up $0.36 during mid-day trading on Thursday, hitting $27.56. The stock had a trading volume of 704,364 shares, compared to its average volume of 714,084. The company has a market capitalization of $2.16 billion, a P/E ratio of 61.24, a P/E/G ratio of 2.53 and a beta of 1.62. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.53 and a current ratio of 0.91. National Vision has a one year low of $25.60 and a one year high of $46.63.

In other National Vision news, SVP Chris Beasley sold 25,000 shares of the business’s stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $26.99, for a total value of $674,750.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO L Reade Fahs sold 10,000 shares of the business’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $26.60, for a total transaction of $266,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 105,000 shares of company stock worth $3,091,850. Corporate insiders own 2.60% of the company’s stock.

A number of hedge funds have recently made changes to their positions in EYE. Morgan Stanley raised its position in shares of National Vision by 48.2% during the 3rd quarter. Morgan Stanley now owns 151,925 shares of the company’s stock valued at $6,858,000 after buying an additional 49,389 shares in the last quarter. Pearl River Capital LLC raised its position in shares of National Vision by 93.6% during the 1st quarter. Pearl River Capital LLC now owns 4,600 shares of the company’s stock valued at $144,000 after buying an additional 2,224 shares in the last quarter. D. E. Shaw & Co. Inc. raised its position in shares of National Vision by 109.6% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 976,689 shares of the company’s stock valued at $27,513,000 after buying an additional 510,689 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of National Vision by 172.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 878,311 shares of the company’s stock valued at $39,647,000 after buying an additional 555,612 shares in the last quarter. Finally, AMI Asset Management Corp purchased a new stake in shares of National Vision during the 4th quarter valued at about $8,558,000.

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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