$0.34 EPS Expected for National Vision Holdings, Inc. (NASDAQ:EYE) This Quarter

Equities analysts forecast that National Vision Holdings, Inc. (NASDAQ:EYE) will announce earnings of $0.34 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for National Vision’s earnings. The lowest EPS estimate is $0.29 and the highest is $0.36. National Vision reported earnings of $0.28 per share in the same quarter last year, which indicates a positive year over year growth rate of 21.4%. The company is scheduled to report its next quarterly earnings report on Thursday, May 6th.

According to Zacks, analysts expect that National Vision will report full-year earnings of $0.90 per share for the current fiscal year, with EPS estimates ranging from $0.88 to $0.92. For the next year, analysts anticipate that the company will post earnings of $0.98 per share, with EPS estimates ranging from $0.95 to $1.05. 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 announced its quarterly earnings data on Tuesday, March 2nd. The company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.32. The business had revenue of $496.70 million during the quarter, compared to analyst estimates of $472.41 million. National Vision had a return on equity of 4.97% and a net margin of 0.32%. The company’s revenue was up 23.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.11 earnings per share.

Several brokerages have recently weighed in on EYE. Citigroup upped their price objective on National Vision from $57.00 to $52.00 in a report on Thursday, March 4th. Wells Fargo & Company upped their price objective on National Vision from $52.00 to $55.00 and gave the company an “overweight” rating in a report on Wednesday, March 3rd. Morgan Stanley boosted their target price on National Vision from $48.00 to $58.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 20th. Finally, Loop Capital lowered National Vision from a “buy” rating to a “hold” rating in a research report on Monday, January 11th. They noted that the move was a valuation call. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $47.63.

A number of large investors have recently bought and sold shares of EYE. First Trust Advisors LP acquired a new position in National Vision during the first quarter valued at $405,000. Aperio Group LLC acquired a new position in National Vision during the third quarter valued at $252,000. US Bancorp DE raised its position in National Vision by 27.3% during the third quarter. US Bancorp DE now owns 14,971 shares of the company’s stock valued at $572,000 after buying an additional 3,210 shares during the period. AlphaCrest Capital Management LLC acquired a new position in National Vision during the third quarter valued at $386,000. Finally, Handelsbanken Fonder AB acquired a new position in National Vision in the 3rd quarter worth about $528,000.

Shares of National Vision stock traded up $1.01 during trading on Friday, hitting $47.28. The stock had a trading volume of 18,081 shares, compared to its average volume of 757,913. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.56 and a quick ratio of 1.25. The firm has a market cap of $3.84 billion, a P/E ratio of 1,157.04, a PEG ratio of 20.67 and a beta of 1.77. The business has a fifty day moving average of $46.52 and a two-hundred day moving average of $45.12. National Vision has a fifty-two week low of $19.07 and a fifty-two week high of $52.61.

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; provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, and Vista Optical military, as well as Vision Center branded stores; and offers health maintenance organization, vision care benefit plan, and optometric services.

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Earnings History and Estimates for National Vision (NASDAQ:EYE)

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