National Vision (EYE) Scheduled to Post Quarterly Earnings on Thursday

National Vision (NASDAQ:EYEGet Rating) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, August 11th. Analysts expect National Vision to post earnings of $0.08 per share for the quarter. National Vision has set its FY 2022 guidance at $0.65-$0.80 EPS and its FY22 guidance at $0.65-0.80 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

National Vision (NASDAQ:EYEGet Rating) last announced its earnings results on Tuesday, May 10th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.06. The company had revenue of $527.70 million during the quarter, compared to analyst estimates of $538.38 million. National Vision had a net margin of 5.55% and a return on equity of 10.96%. National Vision’s revenue was down 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.45 earnings per share. On average, analysts expect National Vision to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

National Vision Stock Up 1.7 %

Shares of NASDAQ:EYE opened at $30.85 on Thursday. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.59. National Vision has a fifty-two week low of $22.59 and a fifty-two week high of $65.92. The firm’s 50 day moving average price is $28.68 and its 200 day moving average price is $35.07. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 24.10, a price-to-earnings-growth ratio of 2.56 and a beta of 1.66.

Insider Buying and Selling at National Vision

In related news, SVP Jared Brandman acquired 5,000 shares of the stock in a transaction on Thursday, May 12th. The stock was purchased at an average price of $23.25 per share, for a total transaction of $116,250.00. Following the transaction, the senior vice president now owns 18,697 shares of the company’s stock, valued at approximately $434,705.25. The acquisition was disclosed in a filing with the SEC, which is available through this link. In other National Vision news, Director Virginia A. Hepner purchased 1,000 shares of the stock in a transaction dated Friday, May 13th. The stock was bought at an average price of $25.71 per share, for a total transaction of $25,710.00. Following the transaction, the director now directly owns 12,588 shares in the company, valued at $323,637.48. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jared Brandman purchased 5,000 shares of the stock in a transaction dated Thursday, May 12th. The shares were acquired at an average price of $23.25 per share, with a total value of $116,250.00. Following the transaction, the senior vice president now owns 18,697 shares in the company, valued at $434,705.25. The disclosure for this purchase can be found here. Corporate insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On National Vision

Several institutional investors have recently modified their holdings of the business. Virtu Financial LLC bought a new position in National Vision during the 1st quarter worth approximately $203,000. Engineers Gate Manager LP bought a new position in National Vision during the 1st quarter worth approximately $315,000. Hsbc Holdings PLC boosted its stake in National Vision by 43.3% during the 1st quarter. Hsbc Holdings PLC now owns 10,533 shares of the company’s stock worth $463,000 after acquiring an additional 3,182 shares during the last quarter. Jane Street Group LLC boosted its stake in National Vision by 198.2% during the 1st quarter. Jane Street Group LLC now owns 15,834 shares of the company’s stock worth $690,000 after acquiring an additional 10,525 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in National Vision by 4.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 16,514 shares of the company’s stock worth $719,000 after acquiring an additional 685 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have recently issued reports on EYE shares. The Goldman Sachs Group upgraded National Vision from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $31.00 to $32.00 in a report on Monday, June 27th. Morgan Stanley decreased their target price on shares of National Vision from $65.00 to $40.00 and set an “overweight” rating for the company in a research report on Thursday, June 16th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, National Vision presently has an average rating of “Moderate Buy” and a consensus price target of $51.67.

About National Vision

(Get Rating)

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.

See Also

Earnings History for National Vision (NASDAQ:EYE)

Receive News & Ratings for National Vision Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Vision and related companies with MarketBeat.com's FREE daily email newsletter.