National Vision (EYE) to Release Earnings on Wednesday

National Vision (NASDAQ:EYE - Get Free Report) is set to announce its earnings results before the market opens on Wednesday, November 6th. Analysts expect the company to announce 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.Individual that wish to register for the company's earnings conference call can do so using this link.

National Vision (NASDAQ:EYE - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.06. The business had revenue of $451.70 million for 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 business's quarterly revenue was down 14.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.11 EPS. 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 1.5 %

Shares of EYE traded up $0.15 during midday trading on Wednesday, reaching $10.18. 1,418,209 shares of the company were exchanged, compared to its average volume of 1,436,016. The company has a market cap of $799.75 million, a price-to-earnings ratio of -11.11, a P/E/G ratio of 2.12 and a beta of 1.41. The company has a current ratio of 0.55, a quick ratio of 0.41 and a debt-to-equity ratio of 0.17. National Vision has a 1-year low of $9.56 and a 1-year high of $24.11. The stock has a 50-day moving average price of $10.33 and a 200-day moving average price of $12.94.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. UBS Group lowered their price target on shares of National Vision from $20.00 to $18.00 and set a "buy" rating for the company in a report on Thursday, August 8th. The Goldman Sachs Group cut their price target 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. Finally, Barclays lowered their price objective on National Vision from $16.00 to $11.00 and set an "equal weight" rating for the company in a research note on Thursday, August 8th. Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, National Vision has a consensus rating of "Hold" and an average target price 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.