National Vision (NASDAQ:EYE) Sets New 12-Month High – Here’s Why

Shares of National Vision Holdings, Inc. (NASDAQ:EYE) reached a new 52-week high during trading on Thursday . The stock traded as high as $29.95 and last traded at $29.5750, with a volume of 165281 shares changing hands. The stock had previously closed at $28.51.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on EYE shares. Citigroup increased their price objective on National Vision from $29.00 to $35.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Guggenheim raised National Vision to a “strong-buy” rating in a research report on Wednesday, December 10th. Morgan Stanley raised their price target on National Vision from $26.00 to $30.00 and gave the stock an “equal weight” rating in a report on Thursday. Barclays increased their price target on shares of National Vision from $28.00 to $30.00 and gave the stock an “overweight” rating in a report on Tuesday, November 18th. Finally, National Bankshares set a $32.00 price target on shares of National Vision in a research note on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, National Vision presently has a consensus rating of “Moderate Buy” and an average price target of $29.00.

National Vision Trading Down 4.8%

The company has a current ratio of 0.53, a quick ratio of 0.32 and a debt-to-equity ratio of 0.28. The company has a market cap of $2.22 billion, a PE ratio of -933.36, a price-to-earnings-growth ratio of 1.76 and a beta of 1.38. The business has a 50 day simple moving average of $27.28 and a two-hundred day simple moving average of $25.86.

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

Hedge Funds Weigh In On National Vision

A number of hedge funds have recently bought and sold shares of the company. Linden Thomas Advisory Services LLC increased its holdings in shares of National Vision by 4.4% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 51,569 shares of the company’s stock valued at $1,332,000 after acquiring an additional 2,158 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of National Vision by 197.8% during the fourth quarter. SG Americas Securities LLC now owns 339,653 shares of the company’s stock worth $8,770,000 after purchasing an additional 225,584 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of National Vision by 13.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,624 shares of the company’s stock worth $261,000 after buying an additional 1,161 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of National Vision during the third quarter valued at approximately $243,000. Finally, Castleark Management LLC increased its position in National Vision by 37.9% in the third quarter. Castleark Management LLC now owns 352,276 shares of the company’s stock worth $10,283,000 after buying an additional 96,806 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.