National Vision (NASDAQ:EYE) Trading Down 8.7% – What’s Next?

National Vision Holdings, Inc. (NASDAQ:EYE) shares dropped 8.7% during trading on Wednesday . The company traded as low as $20.06 and last traded at $20.1380. 640,671 shares traded hands during trading, a decline of 64% from the average daily volume of 1,769,737 shares. The stock had previously closed at $22.06.

Key Headlines Impacting National Vision

Here are the key news stories impacting National Vision this week:

• Positive Sentiment: National Vision reported second-quarter adjusted earnings of $0.25 per share, ahead of estimates ranging from $0.17 to $0.18, while revenue reached $498.81 million, up 2.6% year over year. The company also expanded its operating margin and raised its 2026 profit outlook. National Vision surpasses second-quarter earnings and revenue estimates
• Positive Sentiment: Management projected 2026 adjusted operating income of $119 million to $139 million, offering investors evidence of improving profitability despite ongoing cost and margin pressures. National Vision 2026 operating income outlook
• Positive Sentiment: Citigroup lowered its price target from $39 to $35 but maintained a Buy rating. The revised target still indicates substantial potential upside based on the cited current share price. Citigroup price target update
• Neutral Sentiment: The earnings release showed year-over-year EPS growth from $0.18 to $0.25 and modest revenue growth, but the company’s low net margin of 2.31% and 6.41% return on equity highlight limited profitability. National Vision second-quarter financial results
• Negative Sentiment: Investors remain concerned that National Vision is losing higher-paying self-pay customers. Gross-margin pressure and a narrowed comparable-sales outlook of 3% to 5% temper the positive earnings and guidance news. National Vision customer mix concerns

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Barclays lowered their price objective on National Vision from $38.00 to $27.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Bank of America cut their target price on National Vision from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, May 14th. UBS Group decreased their price target on National Vision from $36.00 to $34.00 and set a “buy” rating on the stock in a research note on Thursday. Citigroup lowered their price target on National Vision from $39.00 to $35.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Roth Capital reiterated a “buy” rating and set a $27.00 price objective on shares of National Vision in a research note on Thursday. Seven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, National Vision presently has an average rating of “Moderate Buy” and a consensus target price of $30.36.

National Vision Stock Performance

The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 31.23, a price-to-earnings-growth ratio of 1.70 and a beta of 1.02. The company has a quick ratio of 0.37, a current ratio of 0.62 and a debt-to-equity ratio of 0.25. The stock’s 50-day simple moving average is $19.55 and its 200 day simple moving average is $22.65.

National Vision (NASDAQ:EYE) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.07. National Vision had a net margin of 2.47% and a return on equity of 6.82%. The company had revenue of $498.81 million during the quarter. During the same period in the previous year, the business posted $0.18 EPS. The business’s quarterly revenue was up 2.6% on a year-over-year basis. Analysts expect that National Vision Holdings, Inc. will post 0.58 earnings per share for the current fiscal year.

Hedge Funds Weigh In On National Vision

Several institutional investors have recently bought and sold shares of EYE. Asset Management One Co. Ltd. lifted its position in National Vision by 80.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 252,697 shares of the company’s stock worth $6,699,000 after buying an additional 112,606 shares in the last quarter. Hussman Strategic Advisors Inc. acquired a new stake in National Vision in the 4th quarter valued at about $2,711,000. Pier Capital LLC increased its position in National Vision by 111.1% in the 4th quarter. Pier Capital LLC now owns 313,565 shares of the company’s stock valued at $8,096,000 after acquiring an additional 165,049 shares in the last quarter. Intech Investment Management LLC raised its stake in shares of National Vision by 33.9% in the fourth quarter. Intech Investment Management LLC now owns 152,401 shares of the company’s stock worth $3,935,000 after acquiring an additional 38,585 shares during the last quarter. Finally, Jupiter Asset Management Ltd. raised its stake in shares of National Vision by 23.2% in the fourth quarter. Jupiter Asset Management Ltd. now owns 1,204,444 shares of the company’s stock worth $31,099,000 after acquiring an additional 226,919 shares during 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.