Citigroup Issues Pessimistic Forecast for National Vision (NASDAQ:EYE) Stock Price

National Vision (NASDAQ:EYEGet Free Report) had its price target dropped by equities research analysts at Citigroup from $40.00 to $39.00 in a report released on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s price target would suggest a potential upside of 123.07% from the company’s current price.

Other analysts have also recently issued reports about the company. Wells Fargo & Company reduced their price target on National Vision from $30.00 to $20.00 and set an “equal weight” rating on the stock in a report on Thursday. Bank of America reduced their price target on National Vision from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday. Roth Mkm set a $25.00 price target on National Vision in a report on Thursday. Wolfe Research set a $35.00 target price on National Vision in a report on Wednesday, March 4th. Finally, Guggenheim upped their target price on National Vision from $32.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $29.23.

Read Our Latest Stock Report on National Vision

National Vision Trading Down 1.3%

Shares of NASDAQ:EYE traded down $0.24 during midday trading on Friday, hitting $17.48. 2,059,833 shares of the stock were exchanged, compared to its average volume of 1,534,752. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 30.65, a P/E/G ratio of 1.28 and a beta of 1.18. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.33 and a current ratio of 0.62. The business’s 50-day moving average price is $25.07 and its 200 day moving average price is $26.37. National Vision has a 12 month low of $14.75 and a 12 month high of $30.02.

National Vision (NASDAQ:EYEGet Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.02. The company had revenue of $543.88 million for the quarter, compared to analysts’ expectations of $545.09 million. National Vision had a return on equity of 6.41% and a net margin of 2.31%.The business’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.34 earnings per share. National Vision has set its FY 2026 guidance at 0.850-1.090 EPS. Analysts predict that National Vision will post 0.66 earnings per share for the current year.

Insider Buying and Selling

In related news, Chairman L Reade Fahs sold 4,071 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $29.57, for a total value of $120,379.47. Following the sale, the chairman directly owned 359,359 shares in the company, valued at $10,626,245.63. This represents a 1.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.40% of the stock is owned by insiders.

Institutional Trading of National Vision

Institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC bought a new stake in National Vision in the fourth quarter valued at approximately $28,000. EverSource Wealth Advisors LLC lifted its stake in National Vision by 176.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,614 shares of the company’s stock valued at $42,000 after buying an additional 1,031 shares during the period. Quarry LP lifted its stake in National Vision by 317.4% in the third quarter. Quarry LP now owns 1,653 shares of the company’s stock valued at $48,000 after buying an additional 1,257 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in National Vision in the fourth quarter valued at approximately $47,000. Finally, Rockefeller Capital Management L.P. lifted its stake in National Vision by 416.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,047 shares of the company’s stock valued at $53,000 after buying an additional 1,651 shares during the period.

National Vision News Roundup

Here are the key news stories impacting National Vision this week:

About National Vision

(Get Free Report)

National Vision Holdings, Inc is an American optical retailer specializing in accessible vision care and eyewear. The company operates under multiple retail banners, offering comprehensive eye health services and a wide range of optical products. Since its founding in the early 1990s, National Vision has focused on providing value-driven solutions, targeting underserved and price‐conscious consumer segments.

Through its primary retail brands—including America’s Best Contacts & Eyeglasses, Eyeglass World, Optical America and Vista Optical—National Vision delivers services such as comprehensive eye examinations, prescription eyewear, contact lenses, sunglasses and lens accessories.

Read More

Analyst Recommendations for National Vision (NASDAQ:EYE)

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.