National Vision (EYE) Scheduled to Post Earnings on Wednesday

National Vision (NASDAQ:EYE) is scheduled to release its earnings data 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.Investors interested in participating in the company’s conference call can do so using this link.

National Vision (NASDAQ:EYE) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.06. National Vision had a negative net margin of 4.00% and a positive return on equity of 3.53%. The company had revenue of $451.70 million for the quarter, compared to analysts’ expectations of $451.35 million. During the same period last year, the firm posted $0.11 earnings per share. The business’s quarterly revenue was down 14.0% compared to the same quarter last year. 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 Performance

Shares of National Vision stock opened at $11.63 on Tuesday. The stock’s fifty day simple moving average is $10.36 and its 200 day simple moving average is $12.71. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $914.58 million, a PE ratio of -11.29, a PEG ratio of 2.42 and a beta of 1.42. National Vision has a 12 month low of $9.56 and a 12 month high of $24.11.

Wall Street Analyst Weigh In

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

About National Vision

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.