National Vision (NASDAQ:EYE) Trading Up 11.1% on Better-Than-Expected Earnings

National Vision Holdings, Inc. (NASDAQ:EYE) traded up 11.1% on Wednesday following a better than expected earnings announcement. The company traded as high as $29.58 and last traded at $29.58. 786,437 shares were traded during trading, a decline of 32% from the average session volume of 1,158,297 shares. The stock had previously closed at $26.63.

The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.10. The business had revenue of $503.41 million during the quarter, compared to the consensus estimate of $495.26 million. National Vision had a positive return on equity of 3.58% and a negative net margin of 0.12%.The business’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period last year, the company earned ($0.04) earnings per share. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS.

Analysts Set New Price Targets

Several research firms have commented on EYE. UBS Group reduced their price objective on National Vision from $41.00 to $39.00 and set a “buy” rating on the stock in a report on Tuesday, November 18th. Weiss Ratings restated a “sell (d-)” rating on shares of National Vision in a research note on Thursday, January 22nd. Barclays upped their price objective on shares of National Vision from $30.00 to $32.00 and gave the stock an “overweight” rating in a research note on Monday. National Bank Financial set a $32.00 target price on shares of National Vision in a report on Tuesday, December 9th. Finally, Zacks Research upgraded shares of National Vision from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.17.

Hedge Funds Weigh In On National Vision

Several hedge funds have recently modified their holdings of the stock. ProShare Advisors LLC raised its stake in National Vision by 3.0% in the 4th quarter. ProShare Advisors LLC now owns 15,145 shares of the company’s stock worth $391,000 after acquiring an additional 438 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of National Vision by 14.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 3,431 shares of the company’s stock valued at $100,000 after purchasing an additional 440 shares in the last quarter. CWM LLC boosted its stake in shares of National Vision by 3.4% during the 4th quarter. CWM LLC now owns 15,565 shares of the company’s stock worth $402,000 after acquiring an additional 507 shares in the last quarter. Lazard Asset Management LLC grew its position in shares of National Vision by 0.9% during the 2nd quarter. Lazard Asset Management LLC now owns 68,819 shares of the company’s stock valued at $1,583,000 after acquiring an additional 637 shares during the period. Finally, Amalgamated Bank increased its stake in shares of National Vision by 2.9% in the 3rd quarter. Amalgamated Bank now owns 23,112 shares of the company’s stock valued at $675,000 after purchasing an additional 650 shares in the last quarter.

National Vision Stock Up 11.9%

The company has a market cap of $2.36 billion, a price-to-earnings ratio of -993.00, a PEG ratio of 1.53 and a beta of 1.38. The business has a fifty day moving average of $27.19 and a two-hundred day moving average of $26.52. The company has a current ratio of 0.53, a quick ratio of 0.32 and a debt-to-equity ratio of 0.28.

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.