Zacks Research Upgrades National Vision (NASDAQ:EYE) to Strong-Buy

National Vision (NASDAQ:EYE) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other research firms also recently commented on EYE. Barclays boosted their price objective on National Vision from $28.00 to $30.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 18th. UBS Group cut their target price on National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a research report on Tuesday, November 18th. National Bankshares set a $32.00 target price on shares of National Vision in a research note on Tuesday, December 9th. Wall Street Zen lowered shares of National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Morgan Stanley lifted their price objective on National Vision from $26.00 to $30.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.00.

National Vision Stock Performance

Shares of EYE opened at $27.21 on Tuesday. National Vision has a 52-week low of $10.45 and a 52-week high of $30.02. The company has a quick ratio of 0.32, a current ratio of 0.53 and a debt-to-equity ratio of 0.28. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of -906.70, a PEG ratio of 1.55 and a beta of 1.38. The business’s 50 day moving average is $27.47 and its two-hundred day moving average is $25.94.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.01. The firm had revenue of $487.33 million for the quarter, compared to analysts’ expectations of $472.98 million. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.12 earnings per share. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. Analysts forecast that National Vision will post 0.31 EPS for the current fiscal year.

Institutional Investors Weigh In On National Vision

Several institutional investors and hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. bought a new stake in shares of National Vision in the 3rd quarter valued at approximately $29,000. Elevation Point Wealth Partners LLC bought a new stake in National Vision in the second quarter valued at $35,000. Quarry LP raised its stake in National Vision by 317.4% during the third quarter. Quarry LP now owns 1,653 shares of the company’s stock worth $48,000 after acquiring an additional 1,257 shares in the last quarter. IFP Advisors Inc bought a new position in shares of National Vision during the second quarter valued at $83,000. Finally, Canada Pension Plan Investment Board boosted its stake in shares of National Vision by 333.3% in the 2nd quarter. Canada Pension Plan Investment Board now owns 3,900 shares of the company’s stock valued at $90,000 after purchasing an additional 3,000 shares in the last quarter.

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.