Wall Street brokerages predict that National Vision Holdings Inc (NASDAQ:EYE) will post $0.12 earnings per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for National Vision’s earnings, with the lowest EPS estimate coming in at $0.10 and the highest estimate coming in at $0.13. National Vision also posted earnings of $0.12 per share during the same quarter last year. The business is scheduled to issue its next earnings report on Tuesday, November 12th.

According to Zacks, analysts expect that National Vision will report full-year earnings of $0.68 per share for the current financial year, with EPS estimates ranging from $0.66 to $0.69. For the next year, analysts forecast that the firm will post earnings of $0.77 per share, with EPS estimates ranging from $0.71 to $0.81. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that follow National Vision.

National Vision (NASDAQ:EYE) last released its quarterly earnings results on Tuesday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 analysts’ expectations of $423.27 million. During the same period last year, the firm earned $0.21 EPS. The business’s quarterly revenue was up 11.4% on a year-over-year basis.

Several research analysts have recently commented on the stock. Guggenheim reaffirmed a “buy” rating and issued a $40.00 price target on shares of National Vision in a report on Thursday, May 9th. Goldman Sachs Group began coverage on shares of National Vision in a research note on Thursday, July 11th. They issued a “buy” rating and a $33.00 price target for the company. Berenberg Bank began coverage on shares of National Vision in a report on Wednesday, May 29th. They issued a “buy” rating and a $38.00 target price on the stock. ValuEngine upgraded shares of National Vision from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Finally, Loop Capital upgraded shares of National Vision from a “hold” rating to a “buy” rating and boosted their price target for the company from $30.00 to $37.00 in a report on Wednesday, August 7th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $42.40.

Shares of EYE traded up $0.01 during midday trading on Thursday, hitting $28.78. The company had a trading volume of 1,229,806 shares, compared to its average volume of 791,466. National Vision has a 52 week low of $25.60 and a 52 week high of $46.63. The firm has a 50 day moving average price of $30.91. The company has a current ratio of 0.94, a quick ratio of 0.57 and a debt-to-equity ratio of 1.16. The stock has a market cap of $2.41 billion, a PE ratio of 63.96, a price-to-earnings-growth ratio of 3.24 and a beta of 1.43.

In other National Vision news, major shareholder Vision Aggregator L.P. Kkr sold 9,149,908 shares of the stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $30.52, for a total transaction of $279,255,192.16. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Jeff Busbee sold 50,744 shares of the stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $28.60, for a total transaction of $1,451,278.40. The disclosure for this sale can be found here. Insiders have sold a total of 9,292,176 shares of company stock valued at $283,350,630 in the last quarter. 2.60% of the stock is currently owned by corporate insiders.

Large investors have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its stake in shares of National Vision by 78.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 319,311 shares of the company’s stock valued at $8,997,000 after purchasing an additional 140,578 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of National Vision by 107.6% in the 4th quarter. Principal Financial Group Inc. now owns 38,648 shares of the company’s stock valued at $1,089,000 after acquiring an additional 20,034 shares during the period. Bank of America Corp DE raised its position in shares of National Vision by 20.8% in the 4th quarter. Bank of America Corp DE now owns 185,886 shares of the company’s stock valued at $5,237,000 after acquiring an additional 32,021 shares during the period. Legal & General Group Plc raised its position in shares of National Vision by 39.2% in the 4th quarter. Legal & General Group Plc now owns 24,668 shares of the company’s stock valued at $695,000 after acquiring an additional 6,942 shares during the period. Finally, Millennium Management LLC acquired a new stake in shares of National Vision in the 4th quarter valued at approximately $336,000.

About National Vision

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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