Analysts Expect National Vision Holdings Inc (EYE) to Announce $0.33 EPS

Wall Street analysts forecast that National Vision Holdings Inc (NASDAQ:EYE) will announce $0.33 earnings per share for the current quarter, Zacks reports. Three analysts have issued estimates for National Vision’s earnings. The highest EPS estimate is $0.37 and the lowest is $0.31. National Vision reported earnings of $0.35 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 5.7%. The firm is expected to announce its next quarterly earnings report on Tuesday, May 21st.

On average, analysts expect that National Vision will report full year earnings of $0.68 per share for the current fiscal year, with EPS estimates ranging from $0.66 to $0.70. For the next fiscal year, analysts anticipate that the company will report earnings of $0.79 per share, with EPS estimates ranging from $0.74 to $0.82. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow National Vision.

National Vision (NASDAQ:EYE) last issued its earnings results on Wednesday, February 27th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.01. National Vision had a return on equity of 6.75% and a net margin of 1.66%. The firm had revenue of $355.92 million for the quarter, compared to analysts’ expectations of $350.14 million. During the same quarter last year, the business earned $0.39 earnings per share. The company’s revenue was up 10.6% compared to the same quarter last year.



Several analysts have weighed in on the company. Zacks Investment Research cut National Vision from a “hold” rating to a “sell” rating in a research report on Monday, March 4th. ValuEngine raised National Vision from a “hold” rating to a “buy” rating in a research report on Friday, January 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $48.13.

In other news, SVP John Vaught sold 42,743 shares of the company’s stock in a transaction on Friday, January 11th. The stock was sold at an average price of $30.43, for a total value of $1,300,669.49. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO L Reade Fahs sold 10,000 shares of the company’s stock in a transaction on Wednesday, January 2nd. The stock was sold at an average price of $27.79, for a total value of $277,900.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 147,743 shares of company stock valued at $4,532,519. 2.82% of the stock is owned by company insiders.

A number of institutional investors have recently modified their holdings of the stock. Pearl River Capital LLC bought a new position in shares of National Vision during the 4th quarter valued at about $67,000. First Hawaiian Bank raised its position in National Vision by 384.8% in the 4th quarter. First Hawaiian Bank now owns 2,390 shares of the company’s stock worth $67,000 after purchasing an additional 1,897 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in National Vision by 43.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,086 shares of the company’s stock worth $115,000 after purchasing an additional 1,241 shares during the period. Prudential Financial Inc. purchased a new stake in National Vision in the 3rd quarter worth about $204,000. Finally, GSA Capital Partners LLP purchased a new stake in National Vision in the 3rd quarter worth about $235,000.

EYE traded down $0.68 during midday trading on Friday, reaching $29.07. 458,081 shares of the company were exchanged, compared to its average volume of 743,842. The company has a current ratio of 1.01, a quick ratio of 0.47 and a debt-to-equity ratio of 0.77. National Vision has a one year low of $25.60 and a one year high of $46.63. The stock has a market cap of $2.27 billion, a P/E ratio of 64.60, a price-to-earnings-growth ratio of 2.80 and a beta of 1.87.

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 under the America's Best, Eyeglass World, Walmart Vision Center, Vista Optical Fred Meyer, and Vista Optical Military brand stores, as well as provides optometric services.

Recommended Story: Stop Order

Get a free copy of the Zacks research report on National Vision (EYE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for National Vision Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Vision and related companies with MarketBeat.com's FREE daily email newsletter.