National Vision (NASDAQ:EYE) to Repurchase $100 million in Shares

Key Points

• National Vision approved a $100 million share repurchase plan, authorizing open-market purchases of up to 7% of its outstanding shares.
• Q3 earnings were $0.30 per share, above the $0.17 consensus and up from $0.13 a year earlier. Revenue rose 4.8% to $510.5 million but slightly missed estimates.
• The company set FY2026 EPS guidance of $0.95–$1.03; analysts’ average rating is “Moderate Buy,” with an average price target of $29.82.

National Vision (NASDAQ:EYE - Get Free Report) declared that its Board of Directors has approved a share repurchase plan on Thursday, November 12th, RTT News reports. The company plans to buy back $100 million in outstanding shares. This repurchase authorization permits the company to purchase up to 7% of its shares through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Analysts Set New Price Targets

Several research analysts have recently commented on EYE shares. Weiss Ratings lowered shares of National Vision from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday, August 25th. UBS Group cut their price target on shares of National Vision from $36.00 to $34.00 and set a "buy" rating on the stock in a report on Thursday, August 13th. Guggenheim set a $27.00 price objective on shares of National Vision in a research note on Friday, September 11th. Morgan Stanley decreased their price objective on shares of National Vision from $22.00 to $21.00 and set an "equal weight" rating for the company in a report on Thursday, August 13th. Finally, Citigroup decreased their price objective on shares of National Vision from $39.00 to $35.00 and set a "buy" rating for the company in a report on Thursday, August 13th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $29.82.

National Vision Stock Performance

Shares of NASDAQ:EYE traded up $0.48 on Thursday, hitting $18.57. 6,462,736 shares of the company were exchanged, compared to its average volume of 2,007,412. The company's 50 day moving average price is $17.10 and its two-hundred day moving average price is $20.97. National Vision has a one year low of $14.75 and a one year high of $30.02. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.27 and a current ratio of 0.59. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 1.43 and a beta of 0.96.

National Vision (NASDAQ:EYE - Get Free Report) last announced its quarterly earnings data on Thursday, November 12th. The company reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.13. National Vision had a return on equity of 6.78% and a net margin of 2.47%. The company had revenue of $510.53 million during the quarter, compared to the consensus estimate of $512.53 million. During the same quarter last year, the company earned $0.13 EPS. The company's quarterly revenue was up 4.8% on a year-over-year basis. National Vision has set its FY 2026 guidance at 0.950-1.030 EPS. Research analysts expect that National Vision will post 0.65 earnings per share for the current year.

Trending Headlines about National Vision

Here are a few of the latest headlines about EYE:

• Positive Sentiment: Q3 EPS was $0.30, above analysts’ roughly $0.17 estimate and up from $0.13 a year earlier. Profit increased to $19.2 million, with margin expansion contributing to the improvement. National Vision Q3 Profit Surges
• Positive Sentiment: The company set FY2026 EPS guidance of $0.95–$1.03, slightly above the roughly $0.94 consensus cited in the report. National Vision FY2026 outlook
• Negative Sentiment: Quarterly revenue of $510.5 million rose 4.8% year over year but narrowly missed the $512.5 million estimate. FY2026 revenue guidance of about $2.0 billion is below the $2.1 billion consensus, and the company lowered its comparable-sales growth outlook—risks that temper the earnings beat. National Vision earnings beat offset by revenue miss and weak outlook

About National Vision

National Vision Holdings, Inc. is a U.S. optical retailer that provides eye care services and sells eyewear. Its offerings include eye exams, prescription eyeglasses, contact lenses, sunglasses and related accessories. The company operates stores under brands including America's Best Contacts & Eyeglasses and Eyeglass World. It also operates Vista Optical locations, including stores in select host locations. Founded in 1990, National Vision serves customers across the United States through its retail locations and online channels.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.