Analysts forecast that National Vision Holdings Inc (NASDAQ:EYE) will report earnings of $0.19 per share for the current quarter, Zacks reports. Two analysts have made estimates for National Vision’s earnings. The lowest EPS estimate is $0.17 and the highest is $0.21. The firm is scheduled to announce its next earnings report before the market opens on Tuesday, August 14th.
On average, analysts expect that National Vision will report full-year earnings of $0.72 per share for the current fiscal year, with EPS estimates ranging from $0.70 to $0.73. For the next financial year, analysts forecast that the firm will post earnings of $0.86 per share, with EPS estimates ranging from $0.80 to $0.89. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that follow National Vision.
National Vision (NASDAQ:EYE) last issued its earnings results on Tuesday, May 15th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.04). The business had revenue of $408.00 million for the quarter, compared to analyst estimates of $405.97 million. The company’s revenue was up 10.3% on a year-over-year basis.
In related news, SVP Jeff Busbee sold 6,782 shares of the company’s stock in a transaction on Thursday, August 2nd. The shares were sold at an average price of $38.26, for a total value of $259,479.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director D Randolph Peeler sold 407,561 shares of the company’s stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of $38.26, for a total transaction of $15,593,283.86. The disclosure for this sale can be found here. Insiders have sold a total of 16,575,169 shares of company stock valued at $634,191,181 over the last 90 days. Company insiders own 2.82% of the company’s stock.
Large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp purchased a new stake in National Vision during the fourth quarter valued at about $2,476,000. BlackRock Inc. purchased a new stake in National Vision during the fourth quarter valued at about $42,439,000. Geode Capital Management LLC purchased a new stake in National Vision during the fourth quarter valued at about $7,637,000. Alliancebernstein L.P. purchased a new stake in National Vision during the fourth quarter valued at about $866,000. Finally, Deutsche Bank AG purchased a new stake in National Vision during the fourth quarter valued at about $1,657,000. Institutional investors own 98.44% of the company’s stock.
Shares of EYE stock opened at $44.79 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.56 and a debt-to-equity ratio of 0.79. National Vision has a 1 year low of $27.19 and a 1 year high of $44.80. The firm has a market cap of $3.22 billion and a price-to-earnings ratio of 84.51.
National Vision Company Profile
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 under the America's Best, Eyeglass World, Walmart Vision Center, Vista Optical Fred Meyer, and Vista Optical Military brand stores, as well as provides optometric services.
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