Jupiter Topco LLC Makes New Investment in National Vision Holdings, Inc. $EYE

Jupiter Topco LLC acquired a new position in shares of National Vision Holdings, Inc. (NASDAQ:EYE) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 34,493 shares of the company’s stock, valued at approximately $656,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new position in shares of National Vision in the 4th quarter worth about $28,000. Versant Capital Management Inc raised its holdings in National Vision by 96.2% in the second quarter. Versant Capital Management Inc now owns 1,789 shares of the company’s stock valued at $34,000 after buying an additional 877 shares during the period. EverSource Wealth Advisors LLC lifted its position in National Vision by 176.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,614 shares of the company’s stock valued at $42,000 after buying an additional 1,031 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in National Vision during the fourth quarter worth approximately $47,000. Finally, Quarry LP increased its position in shares of National Vision by 317.4% in the third quarter. Quarry LP now owns 1,653 shares of the company’s stock worth $48,000 after acquiring an additional 1,257 shares in the last quarter.

National Vision Stock Performance

Shares of National Vision stock opened at $16.74 on Monday. The firm has a market cap of $1.32 billion, a PE ratio of 27.44, a price-to-earnings-growth ratio of 1.32 and a beta of 0.98. The firm’s 50-day simple moving average is $19.76 and its 200-day simple moving average is $21.58. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.27 and a current ratio of 0.59. National Vision Holdings, Inc. has a 1 year low of $14.75 and a 1 year high of $30.02.

National Vision (NASDAQ:EYE) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. The business had revenue of $498.81 million during the quarter. National Vision had a return on equity of 6.78% and a net margin of 2.47%.The firm’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter last year, the business posted $0.18 earnings per share. Equities analysts forecast that National Vision Holdings, Inc. will post 0.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on EYE. Morgan Stanley reduced their target price on shares of National Vision from $22.00 to $21.00 and set an “equal weight” rating on the stock in a report on Thursday, August 13th. Bank of America cut their price objective on National Vision from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Citigroup decreased their target price on National Vision from $39.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, August 13th. Barclays dropped their target price on National Vision from $38.00 to $27.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Finally, Wells Fargo & Company reduced their price target on National Vision from $30.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 14th. Seven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, National Vision currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.36.

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.