National Vision (NASDAQ:EYE) Shares Down 4.4% – Should You Sell?

National Vision Holdings, Inc. (NASDAQ:EYE)’s stock price fell 4.4% during trading on Wednesday . The stock traded as low as $16.78 and last traded at $16.8010. 248,401 shares were traded during trading, a decline of 85% from the average session volume of 1,692,857 shares. The stock had previously closed at $17.57.

Analyst Ratings Changes

Several research firms have recently weighed in on EYE. Jefferies Financial Group restated a “buy” rating and set a $40.00 price objective on shares of National Vision in a research note on Thursday, March 5th. Wall Street Zen lowered shares of National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, March 28th. Morgan Stanley lowered their price objective on shares of National Vision from $30.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 14th. Roth Mkm set a $25.00 price objective on shares of National Vision in a research note on Thursday, May 14th. Finally, Weiss Ratings upgraded shares of National Vision from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, May 14th. Seven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $30.08.

National Vision Stock Performance

The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 29.44, a price-to-earnings-growth ratio of 1.53 and a beta of 1.08. The stock’s 50 day moving average is $20.58 and its 200 day moving average is $24.98. The company has a current ratio of 0.62, a quick ratio of 0.37 and a debt-to-equity ratio of 0.25.

National Vision (NASDAQ:EYE) last posted its quarterly earnings data 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. The firm had revenue of $543.88 million during the quarter, compared to the consensus estimate of $545.09 million. National Vision had a net margin of 2.31% and a return on equity of 6.41%. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.34 EPS. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. Analysts anticipate that National Vision Holdings, Inc. will post 0.59 earnings per share for the current year.

Hedge Funds Weigh In On National Vision

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted 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 valued at $132,295,000 after purchasing an additional 4,194,614 shares in the last quarter. William Blair Investment Management LLC lifted its position in shares of National Vision by 36.0% during the third quarter. William Blair Investment Management LLC now owns 4,840,473 shares of the company’s stock valued at $141,293,000 after purchasing an additional 1,280,783 shares in the last quarter. Bank of America Corp DE lifted its position in shares of 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 valued at $45,234,000 after purchasing an additional 1,103,213 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of National Vision by 1,252.0% during the third quarter. Alliancebernstein L.P. now owns 1,149,680 shares of the company’s stock valued at $33,559,000 after purchasing an additional 1,064,645 shares in the last quarter. Finally, Jupiter Asset Management Ltd. lifted its position in shares of National Vision by 4,726.8% during the third quarter. Jupiter Asset Management Ltd. now owns 977,525 shares of the company’s stock valued at $28,534,000 after purchasing an additional 957,273 shares in the last quarter.

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.