National Vision (NASDAQ:EYE) Issues FY 2025 Earnings Guidance

National Vision (NASDAQ:EYE) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.620-0.700 for the period, compared to the consensus earnings per share estimate of 0.570. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EYE. UBS Group reiterated a “buy” rating and set a $30.00 target price on shares of National Vision in a report on Tuesday, July 8th. Weiss Ratings restated a “sell (d-)” rating on shares of National Vision in a report on Wednesday, October 8th. National Bankshares set a $30.00 target price on shares of National Vision in a research note on Tuesday, July 8th. Barclays decreased their target price on shares of National Vision from $30.00 to $28.00 and set an “overweight” rating for the company in a research note on Thursday, August 7th. Finally, Wells Fargo & Company set a $27.00 price objective on National Vision and gave the stock an “equal weight” rating in a research note on Thursday, August 7th. Six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, National Vision currently has an average rating of “Hold” and a consensus target price of $24.73.

National Vision Trading Down 3.0%

Shares of National Vision stock opened at $25.60 on Wednesday. The company has a market capitalization of $2.03 billion, a P/E ratio of -142.22, a P/E/G ratio of 2.92 and a beta of 1.33. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.31 and a current ratio of 0.52. The company has a fifty day moving average of $25.81 and a 200 day moving average of $22.77. National Vision has a fifty-two week low of $9.93 and a fifty-two week high of $29.59.

National Vision (NASDAQ:EYE) last issued its earnings results on Wednesday, August 6th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.06. The company had revenue of $486.42 million during the quarter, compared to the consensus estimate of $469.21 million. National Vision had a negative net margin of 0.75% and a positive return on equity of 3.56%. National Vision’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.15 EPS. On average, sell-side analysts anticipate that National Vision will post 0.31 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Chairman L Reade Fahs sold 137,400 shares of the company’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $24.33, for a total value of $3,342,942.00. Following the completion of the transaction, the chairman owned 544,795 shares of the company’s stock, valued at approximately $13,254,862.35. This represents a 20.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of EYE. Bank of America Corp DE boosted its holdings in shares of National Vision by 127.9% during the 2nd quarter. Bank of America Corp DE now owns 1,965,856 shares of the company’s stock valued at $45,234,000 after purchasing an additional 1,103,213 shares during the last quarter. Glenview Capital Management LLC bought a new position in shares of National Vision during the 2nd quarter valued at about $18,696,000. Public Sector Pension Investment Board boosted its holdings in shares of National Vision by 7.9% during the 2nd quarter. Public Sector Pension Investment Board now owns 269,548 shares of the company’s stock valued at $6,202,000 after purchasing an additional 19,833 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of National Vision by 6.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 235,125 shares of the company’s stock valued at $3,005,000 after purchasing an additional 13,384 shares during the last quarter. Finally, Brevan Howard Capital Management LP bought a new position in shares of National Vision in the 2nd quarter valued at about $3,663,000.

About National Vision

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