National Vision (NASDAQ:EYE) Shares Down 5.8% – Here’s Why

Shares of National Vision Holdings, Inc. (NASDAQ:EYE) traded down 5.8% during trading on Thursday . The stock traded as low as $15.86 and last traded at $15.7180. 1,172,263 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 1,629,134 shares. The stock had previously closed at $16.68.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Wolfe Research set a $35.00 price target on shares of National Vision in a report on Wednesday, March 4th. Wells Fargo & Company dropped their target price on shares of National Vision from $30.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 14th. Guggenheim boosted their target price on National Vision from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Weiss Ratings raised National Vision from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, May 14th. Finally, Barclays dropped their price target on National Vision from $38.00 to $27.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Seven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.08.

National Vision Stock Down 7.0%

The firm has a market capitalization of $1.24 billion, a PE ratio of 27.20, a P/E/G ratio of 1.39 and a beta of 1.07. The stock has a 50-day simple moving average of $22.11 and a 200-day simple moving average of $25.55. The company has a quick ratio of 0.37, a current ratio of 0.62 and a debt-to-equity ratio of 0.25.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.02. National Vision had a return on equity of 6.41% and a net margin of 2.31%.The company had revenue of $543.88 million during the quarter, compared to the consensus estimate of $545.09 million. During the same quarter in the prior year, the company earned $0.34 EPS. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. Analysts forecast that National Vision Holdings, Inc. will post 0.59 EPS for the current year.

Insider Buying and Selling at National Vision

In other news, Chairman L Reade Fahs sold 7,601 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $29.58, for a total value of $224,837.58. Following the sale, the chairman owned 694,880 shares of the company’s stock, valued at $20,554,550.40. The trade was a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 2.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE lifted its holdings in National Vision by 6.8% during the 1st quarter. Bank of America Corp DE now owns 1,175,370 shares of the company’s stock worth $30,442,000 after purchasing an additional 74,607 shares in the last quarter. Amundi grew its position in shares of National Vision by 28.6% during the 1st quarter. Amundi now owns 23,935 shares of the company’s stock valued at $620,000 after purchasing an additional 5,325 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of National Vision by 56.8% in the first quarter. EverSource Wealth Advisors LLC now owns 2,531 shares of the company’s stock worth $66,000 after purchasing an additional 917 shares during the period. California State Teachers Retirement System raised its position in shares of National Vision by 24.4% in the first quarter. California State Teachers Retirement System now owns 90,283 shares of the company’s stock worth $2,338,000 after buying an additional 17,701 shares in the last quarter. Finally, Empowered Funds LLC bought a new stake in National Vision during the first quarter valued at $247,000.

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.