National Vision (EYE)

• Market cap: $1.52B
• 1 day: 1.70%
• 5 days: 20.03%
• 1 month: 61.99%
• 3 months: 54.30%
• 6 months: 75.16%
• Year to date: 78.09%
• 1 year: 25.52%
• 5 years: -19.48%
• 10 years: -31.87%
• Sector: Consumer Discretionary
• Industry: Specialty Retail

About: National Vision Holdings Inc is an optical retailer in the U.S. Its product portfolio includes eyeglasses and sunglasses, contact lenses, accessories, and other products. The company has two operating segments; Owned and Host segment includes company-owned brands America's Best and Eyeglass World, In America's Best stores, vision care services are provided by optometrists or by independent professional corporations and Host operating consist of Military and Fred Meyer which provide eye exams by independent optometrists, and the Legacy segment manages the operations of, and supplies inventory and lab processing services to Legacy retail Vision Centers. It earns a majority of its revenue from the Owned and Host segment.

Employees: 13,411

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

96% more call options, than puts

Call options by funds: $176K | Put options by funds: $90K

47% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 57

2.71% more ownership

Funds ownership: 100.0% [Q3] → 102.71% (+2.71%) [Q4]

2% less capital invested

Capital invested by funds: $858M [Q3] → $843M (-$15M) [Q4]

5% less funds holding

Funds holding: 202 [Q3] → 191 (-11) [Q4]

27% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 37

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $15 22% downside
• Avg. target: $18.33 4% downside
• High target: $21 9% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Barclays Adrienne Yih 28% 1-year accuracy 19 / 69 met price target	11% downside $17	Equal-Weight Maintained	12 May 2025
Goldman Sachs Kate McShane 67% 1-year accuracy 2 / 3 met price target	11% downside $17	Neutral Maintained	9 May 2025
Citigroup Paul Lejuez 50% 1-year accuracy 25 / 50 met price target	9% upside $21	Buy Upgraded	9 May 2025
UBS Michael Lasser 68% 1-year accuracy 21 / 31 met price target	4% upside $20	Buy Maintained	8 May 2025
Loop Capital Anthony Chukumba 45% 1-year accuracy 10 / 22 met price target	4% upside $20	Buy Maintained	8 May 2025