National Vision (NASDAQ:EYE) posted its quarterly earnings data on Thursday. The company reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.10, Briefing.com reports. National Vision had a net margin of 0.92% and a return on equity of 6.30%. The business had revenue of $431.90 million for the quarter, compared to analysts’ expectations of $427.83 million. During the same quarter in the previous year, the business posted $0.12 earnings per share. The business’s revenue was up 11.5% compared to the same quarter last year.

Shares of NASDAQ EYE traded down $1.96 during mid-day trading on Friday, reaching $27.75. The company had a trading volume of 1,040,100 shares, compared to its average volume of 845,094. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 61.67, a price-to-earnings-growth ratio of 2.67 and a beta of 1.43. 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 business’s 50-day moving average is $24.13 and its 200-day moving average is $27.86. National Vision has a 52 week low of $22.02 and a 52 week high of $45.38.

EYE has been the topic of a number of analyst reports. Bank of America upgraded shares of National Vision from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 1st. ValuEngine upgraded shares of National Vision from a “hold” rating to a “buy” rating in a research report on Friday. Loop Capital upgraded shares of 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 research report on Wednesday, August 7th. Wells Fargo & Co cut their price target on shares of National Vision from $37.00 to $30.00 and set an “outperform” rating on the stock in a report on Monday, September 30th. Finally, UBS Group upped their price target on shares of National Vision from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Friday. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $38.00.

In related news, SVP John Vaught sold 48,611 shares of the stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $30.11, for a total value of $1,463,677.21. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Vision Aggregator L.P. Kkr sold 9,149,908 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $30.52, for a total transaction of $279,255,192.16. The disclosure for this sale can be found here. Company insiders own 2.60% of the company’s stock.

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 for National Vision (NASDAQ:EYE)

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