Equities research analysts expect National Vision Holdings Inc (NASDAQ:EYE) to post $426.63 million in sales for the current quarter, according to Zacks. Three analysts have made estimates for National Vision’s earnings. The highest sales estimate is $427.80 million and the lowest is $424.90 million. National Vision reported sales of $387.43 million in the same quarter last year, which indicates a positive year-over-year growth rate of 10.1%. The company is expected to issue its next quarterly earnings results on Tuesday, November 12th.

On average, analysts expect that National Vision will report full-year sales of $1.70 billion for the current financial year, with estimates ranging from $1.70 billion to $1.71 billion. For the next year, analysts expect that the firm will report sales of $1.86 billion, with estimates ranging from $1.85 billion to $1.87 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for National Vision.

National Vision (NASDAQ:EYE) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.20 EPS for the quarter, missing the Zacks’ consensus estimate of $0.21 by ($0.01). National Vision had a return on equity of 6.30% and a net margin of 0.92%. The firm had revenue of $429.50 million for the quarter, compared to analyst estimates of $423.27 million. During the same period in the prior year, the firm posted $0.21 EPS. The business’s revenue was up 11.4% compared to the same quarter last year.

EYE has been the subject of a number of research reports. ValuEngine raised National Vision from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Loop Capital raised National Vision from a “hold” rating to a “buy” rating and boosted their price objective for the company from $30.00 to $37.00 in a report on Wednesday, August 7th. Berenberg Bank assumed coverage on National Vision in a report on Wednesday, May 29th. They issued a “buy” rating and a $38.00 price objective for the company. Zacks Investment Research raised National Vision from a “sell” rating to a “hold” rating and set a $31.00 price objective for the company in a report on Wednesday, May 29th. Finally, Goldman Sachs Group assumed coverage on National Vision in a report on Thursday, July 11th. They issued a “buy” rating and a $33.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $42.40.

In other National Vision news, CEO L Reade Fahs sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $27.34, for a total transaction of $273,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jeff Busbee sold 32,913 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $27.56, for a total value of $907,082.28. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 93,657 shares of company stock valued at $2,631,761. 2.60% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Strs Ohio acquired a new position in National Vision during the second quarter worth $46,000. Aperio Group LLC acquired a new position in National Vision during the second quarter worth $59,000. Oppenheimer Asset Management Inc. acquired a new position in National Vision during the first quarter worth $93,000. Pearl River Capital LLC lifted its stake in National Vision by 93.6% during the first quarter. Pearl River Capital LLC now owns 4,600 shares of the company’s stock worth $144,000 after purchasing an additional 2,224 shares in the last quarter. Finally, Hershey Trust Co. acquired a new position in National Vision during the first quarter worth $158,000.

EYE traded down $0.64 on Friday, reaching $30.06. 137,217 shares of the stock were exchanged, compared to its average volume of 968,175. The firm’s 50-day moving average is $30.97. National Vision has a fifty-two week low of $25.60 and a fifty-two week high of $46.63. The company has a quick ratio of 0.57, a current ratio of 0.94 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 66.84, a PEG ratio of 3.30 and a beta of 1.43.

National Vision Company Profile

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer primarily in the United States. The company operates in two segments, Owned & Host and Legacy. It offers eyeglasses and contact lenses, and optical accessory products, as well as eye exams through its America's Best, Eyeglass World, Vista Optical, and Vista Optical Military, as well as Vision Center brand stores; and provides health maintenance organization, vision care benefit plan, and optometric services.

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Earnings History and Estimates for National Vision (NASDAQ:EYE)

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