National Vision (NASDAQ:EYE) Hits New 52-Week High – Here’s Why

National Vision Holdings, Inc. (NASDAQ:EYE)’s share price hit a new 52-week high on Thursday . The company traded as high as $29.95 and last traded at $29.5750, with a volume of 165281 shares traded. The stock had previously closed at $28.51.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Barclays lifted their target price on National Vision from $28.00 to $30.00 and gave the stock an “overweight” rating in a report on Tuesday, November 18th. Wall Street Zen lowered shares of National Vision from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Morgan Stanley upped their price objective on shares of National Vision from $26.00 to $30.00 and gave the company an “equal weight” rating in a report on Thursday. UBS Group reduced their target price on National Vision from $41.00 to $39.00 and set a “buy” rating for the company in a research note on Tuesday, November 18th. Finally, National Bankshares set a $32.00 target price on National Vision in a research report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $29.00.

National Vision Trading Up 4.5%

The company has a quick ratio of 0.32, a current ratio of 0.53 and a debt-to-equity ratio of 0.28. The firm has a 50 day moving average price of $27.09 and a 200 day moving average price of $25.80. The stock has a market capitalization of $2.36 billion, a PE ratio of -993.97, a P/E/G ratio of 1.70 and a beta of 1.38.

National Vision (NASDAQ:EYE) last posted its earnings results on Wednesday, November 5th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. National Vision had a negative net margin of 0.12% and a positive return on equity of 3.58%. The firm had revenue of $487.33 million for the quarter, compared to analysts’ expectations of $472.98 million. During the same quarter last year, the firm earned $0.12 EPS. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. National Vision has set its FY 2025 guidance at 0.620-0.700 EPS. Equities analysts expect that National Vision Holdings, Inc. will post 0.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Asset Management One Co. Ltd. purchased a new stake in shares of National Vision in the third quarter worth about $4,090,000. Thrivent Financial for Lutherans raised its position in shares of National Vision by 70.2% in the second quarter. Thrivent Financial for Lutherans now owns 98,442 shares of the company’s stock worth $2,265,000 after buying an additional 40,599 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in National Vision during the third quarter worth about $747,000. Strs Ohio bought a new position in National Vision in the 1st quarter worth about $272,000. Finally, Atika Capital Management LLC bought a new stake in shares of National Vision during the 2nd quarter valued at about $9,531,000.

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.