National Vision Holdings/$EYE
1D1W1MYTD1Y5YMAX
Capital at risk
About National Vision Holdings
National Vision Holdings Inc. is an optical retailer in the United States. Its product portfolio includes eyeglasses, sunglasses, contact lenses, accessories, and other related products. The company operates through a single operating segment. The Owned and Host segment includes the 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. The Host segment consists of Military and Fred Meyer locations, where eye exams are provided by independent optometrists.
- Ticker
- $EYE
- Sector
- Consumer Discretionary
- Primary listing
- NASDAQ
- Employees
- 13,138
- Headquarters
- Duluth, United States
- Website
- www.nationalvision.com
EYE Metrics
BasicAdvanced
$1.3B
25.52
$0.62
1.01
-
Price and volume
Market cap
$1.3B
Beta
1.01
52-week high
$30.02
52-week low
$14.75
Average daily volume
2.3M
Financial strength
Current ratio
0.592
Quick ratio
0.185
Long term debt to equity
0.654
Total debt to equity
0.777
Interest coverage (TTM)
6.39%
Profitability
EBITDA (TTM)
185.035
Gross margin (TTM)
58.62%
Net profit margin (TTM)
2.47%
Operating margin (TTM)
4.57%
Effective tax rate (TTM)
26.30%
Revenue per employee (TTM)
$150,000
Management effectiveness
Return on assets (TTM)
2.94%
Return on equity (TTM)
5.75%
Valuation
Price to earnings (TTM)
25.519
Price to revenue (TTM)
0.619
Price to book
1.4
Price to tangible book (TTM)
-24.22
Price to free cash flow (TTM)
25.658
Free cash flow yield (TTM)
3.90%
Free cash flow per share (TTM)
0.618
Growth
Revenue change (TTM)
7.84%
Earnings per share change (TTM)
-435.00%
3-year revenue growth (CAGR)
2.93%
3-year earnings per share growth (CAGR)
31.89%
What the Analysts think about EYE
Analyst ratings (Buy, Hold, Sell) for National Vision Holdings stock.
Analyst projections of the future price of National Vision Holdings stock.
Bulls say / Bears say
Second-quarter adjusted operating income rose 32.7% and the margin widened to 6.3%. National Vision raised its 2026 adjusted operating income outlook to $119m-$139m, up from $107m-$133m, while lifting the bottom end of its adjusted EPS range. (National Vision Holdings, Vision Monday)
The shift towards managed-care customers, premium lenses and better-value transactions is lifting the average ticket, while store segmentation and the completed website replatform could improve conversion over time. National Vision is also seeing above-expectation adoption of Ray-Ban Meta and Oakley Meta smart glasses across more than 1,200 shops. (National Vision Holdings, Stock Analysis)
There is still substantial physical expansion potential: management says the group operates in 40 states and plans to reaccelerate new-store growth to more than 60 openings a year from 2028. It expects high-single-digit revenue growth over five years, giving the turnaround a longer-term growth runway beyond near-term like-for-like sales. (Stock Analysis)
Underlying demand remains fragile: second-quarter traffic fell 4.9% as lower-value, self-pay customers delayed purchases. Management responded by narrowing its 2026 adjusted comparable-sales outlook to 3%-5% from 3%-6%, showing that higher tickets are currently compensating for fewer transactions. (TradingKey, National Vision Holdings)
The higher-ticket strategy is diluting gross margin because customers are buying a different product mix, while costs applicable to revenue rose faster than sales in the second quarter. Some of the margin improvement also came from lower variable pay and delayed marketing, so stronger margins may be harder to repeat once second-half promotion spending returns. (National Vision Holdings, Exa)
The e-commerce migration created an estimated 150-basis-point comparable-sales headwind for about six weeks, mainly by disrupting new-customer acquisition. Execution risk remains as the company moves marketing spend into the second half, tracks towards the lower end of its store-opening plan and expects about 15 store closures. (Seeking Alpha, TradingKey)
Data summarised monthly by Lightyear AI. Last updated on 15 Sept 2026.
EYE Financial Performance
Revenues and expenses
EYE Earnings Performance
Company profitability
Upcoming events
No upcoming events
EYE News
AllArticlesVideos
Funds containing EYE
AllUSDGBPEUR
Fund name | Fund size | $EYE weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.08% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.08% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.05% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.03% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.03% |
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