National Vision (EYE) Scheduled to Post Earnings on Wednesday

National Vision (NASDAQ:EYE) is set to post its quarterly earnings results before the market opens on Wednesday, November 6th. Analysts expect National Vision to post earnings of $0.05 per share for the quarter. National Vision has set its FY24 guidance at $0.45-0.50 EPS and its FY 2024 guidance at 0.450-0.500 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

National Vision (NASDAQ:EYE) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.06. The company had revenue of $451.70 million during the quarter, compared to analyst estimates of $451.35 million. National Vision had a negative net margin of 4.00% and a positive return on equity of 3.53%. The company’s revenue was down 14.0% on a year-over-year basis. During the same quarter last year, the business posted $0.11 earnings per share. On average, analysts expect National Vision to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

National Vision Stock Up 5.6 %

Shares of EYE opened at $11.63 on Tuesday. The company has a market capitalization of $914.58 million, a P/E ratio of -11.29, a PEG ratio of 2.42 and a beta of 1.42. National Vision has a one year low of $9.56 and a one year high of $24.11. The business’s 50 day simple moving average is $10.36 and its 200-day simple moving average is $12.71. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.55 and a quick ratio of 0.41.

Wall Street Analyst Weigh In

EYE has been the topic of a number of recent analyst reports. The Goldman Sachs Group reduced their price objective on National Vision from $20.00 to $13.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. UBS Group reduced their target price on shares of National Vision from $20.00 to $18.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Finally, Barclays reduced their price objective on National Vision from $16.00 to $11.00 and set an “equal weight” rating on the stock in a report on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, National Vision has a consensus rating of “Hold” and an average price target of $15.25.

National Vision Company Profile

National Vision Holdings, Inc, through its subsidiaries, operates as an optical retailer 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 and optometric services.