Is National Vision Stock a Good Investment?
National Vision Investment Advice | EYE |
- Examine National Vision's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research National Vision's leadership team and their track record. Good management can help National Vision navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Other Specialty Retail space and any emerging trends that could impact National Vision's business and its evolving consumer preferences.
- Compare National Vision's performance and market position to its competitors. Analyze how National Vision is positioned in terms of product offerings, innovation, and market share.
- Check if National Vision pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about National Vision's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in National Vision Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if National Vision Holdings is a good investment.
Sell | Buy |
Strong Hold
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine National Vision Stock
Researching National Vision's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.16. Some equities with similar Price to Book (P/B) outperform the market in the long run. National Vision Holdings recorded a loss per share of 1.04. The entity had not issued any dividends in recent years.
To determine if National Vision is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding National Vision's research are outlined below:
| The company reported the last year's revenue of 2.13 B. Reported Net Loss for the year was (65.9 M) with profit before taxes, overhead, and interest of 1.08 B. | |
| National Vision has a frail financial position based on the latest SEC disclosures | |
| Over 98.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: Pinning Down National Vision Holdings, Inc.s PS Is Difficult Right Now |
National Vision Quarterly Good Will |
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National Vision uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in National Vision Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to National Vision's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact National Vision's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises National Vision's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-11-10 | 2022-09-30 | 0.13 | 0.15 | 0.02 | 15 | ||
2018-08-14 | 2018-06-30 | 0.19 | 0.21 | 0.02 | 10 | ||
2023-05-11 | 2023-03-31 | 0.28 | 0.31 | 0.03 | 10 | ||
2022-05-10 | 2022-03-31 | 0.3 | 0.33 | 0.03 | 10 | ||
2017-12-07 | 2017-09-30 | 0.07 | 0.1 | 0.03 | 42 | ||
2018-05-15 | 2018-03-31 | 0.39 | 0.35 | -0.04 | 10 | ||
2024-05-08 | 2024-03-31 | 0.27 | 0.32 | 0.05 | 18 | ||
2023-07-26 | 2023-06-30 | 0.12 | 0.17 | 0.05 | 41 |
National Vision Target Price Consensus
National target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. National Vision's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 11 | Buy |
Most National analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand National stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of National Vision Holdings, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNational Vision Target Price Projection
National Vision's current and average target prices are 12.10 and 22.00, respectively. The current price of National Vision is the price at which National Vision Holdings is currently trading. On the other hand, National Vision's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
National Vision Market Quote on 30th of November 2024
Target Price
Analyst Consensus On National Vision Target Price
National Vision Analyst Ratings
National Vision's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about National Vision stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of National Vision's financials, market performance, and future outlook by experienced professionals. National Vision's historical ratings below, therefore, can serve as a valuable tool for investors.Know National Vision's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as National Vision is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading National Vision Holdings backward and forwards among themselves. National Vision's institutional investor refers to the entity that pools money to purchase National Vision's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2024-09-30 | 1.4 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.3 M | Voloridge Investment Management, Llc | 2024-09-30 | 1.2 M | Engine Capital Management Lp | 2024-09-30 | 1.1 M | Wellington Management Company Llp | 2024-06-30 | 1.1 M | Emerald Advisers, Llc | 2024-09-30 | 805.1 K | Northern Trust Corp | 2024-09-30 | 772 K | Goldman Sachs Group Inc | 2024-06-30 | 769.3 K | Ameriprise Financial Inc | 2024-06-30 | 762.5 K | Blackrock Inc | 2024-06-30 | 13.9 M | Vanguard Group Inc | 2024-09-30 | 10.2 M |
National Vision's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 952.87 M.Market Cap |
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National Vision's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.05 | 0.04 |
Determining National Vision's profitability involves analyzing its financial statements and using various financial metrics to determine if National Vision is a good buy. For example, gross profit margin measures National Vision's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of National Vision's profitability and make more informed investment decisions.
Please note, the presentation of National Vision's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, National Vision's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of National Vision's management manipulating its earnings.
Evaluate National Vision's management efficiency
At present, National Vision's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. At present, National Vision's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 28.6 M, whereas Other Assets are projected to grow to (1.1 B). National Vision's management efficiency ratios could be used to measure how well National Vision manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 10.16 | 7.65 | |
| Tangible Book Value Per Share | (1.71) | (1.80) | |
| Enterprise Value Over EBITDA | 21.59 | 20.27 | |
| Price Book Value Ratio | 3.95 | 4.15 | |
| Enterprise Value Multiple | 21.59 | 20.27 | |
| Price Fair Value | 3.95 | 4.15 | |
| Enterprise Value | 3.2 B | 3 B |
The strategic vision of National Vision Holdings management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Beta 1.417 |
Basic technical analysis of National Stock
As of the 30th of November, National Vision secures the Downside Deviation of 2.08, mean deviation of 1.92, and Risk Adjusted Performance of 0.0833. National Vision Holdings technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify National Vision Holdings variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if National Vision Holdings is priced some-what accurately, providing market reflects its recent price of 12.1 per share. Given that National Vision Holdings has jensen alpha of 0.1628, we recommend you to check National Vision's last-minute market performance to make sure the company can sustain itself at a future point.National Vision's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific National Vision insiders, such as employees or executives, is commonly permitted as long as it does not rely on National Vision's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases National Vision insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
National Vision's Outstanding Corporate Bonds
National Vision issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. National Vision Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most National bonds can be classified according to their maturity, which is the date when National Vision Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US63845RAB33 Corp BondUS63845RAB33 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand National Vision's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing National Vision's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0833 | |||
| Market Risk Adjusted Performance | 0.4445 | |||
| Mean Deviation | 1.92 | |||
| Semi Deviation | 1.93 | |||
| Downside Deviation | 2.08 | |||
| Coefficient Of Variation | 999.22 | |||
| Standard Deviation | 2.4 | |||
| Variance | 5.77 | |||
| Information Ratio | 0.0428 | |||
| Jensen Alpha | 0.1628 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0494 | |||
| Treynor Ratio | 0.4345 | |||
| Maximum Drawdown | 10.35 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 4.82 | |||
| Downside Variance | 4.34 | |||
| Semi Variance | 3.71 | |||
| Expected Short fall | (2.22) | |||
| Skewness | 0.3945 | |||
| Kurtosis | (0.16) |
| Risk Adjusted Performance | 0.0833 | |||
| Market Risk Adjusted Performance | 0.4445 | |||
| Mean Deviation | 1.92 | |||
| Semi Deviation | 1.93 | |||
| Downside Deviation | 2.08 | |||
| Coefficient Of Variation | 999.22 | |||
| Standard Deviation | 2.4 | |||
| Variance | 5.77 | |||
| Information Ratio | 0.0428 | |||
| Jensen Alpha | 0.1628 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0494 | |||
| Treynor Ratio | 0.4345 | |||
| Maximum Drawdown | 10.35 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 4.82 | |||
| Downside Variance | 4.34 | |||
| Semi Variance | 3.71 | |||
| Expected Short fall | (2.22) | |||
| Skewness | 0.3945 | |||
| Kurtosis | (0.16) |
Consider National Vision's intraday indicators
National Vision intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of National Vision stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 37669.61 | |||
| Daily Balance Of Power | (0.65) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 12.31 | |||
| Day Typical Price | 12.24 | |||
| Price Action Indicator | (0.35) | |||
| Period Momentum Indicator | (0.28) | |||
| Relative Strength Index | 64.93 |
National Vision Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 31st of October 2024 Other Reports | ViewVerify | |
F4 | 8th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
National Stock media impact
Far too much social signal, news, headlines, and media speculation about National Vision that are available to investors today. That information is available publicly through National media outlets and privately through word of mouth or via National internal channels. However, regardless of the origin, that massive amount of National data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of National Vision news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of National Vision relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to National Vision's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive National Vision alpha.
National Vision Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards National Vision can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
National Vision Holdings Historical Investor Sentiment
Investor biases related to National Vision's public news can be used to forecast risks associated with an investment in National. The trend in average sentiment can be used to explain how an investor holding National can time the market purely based on public headlines and social activities around National Vision Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
National Vision's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for National Vision and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average National Vision news discussions. The higher the estimate score, the more favorable the investor's outlook on National Vision.
National Vision Corporate Management
| Alex Louw | VP Officer | Profile | |
| Bill Clark | Senior Officer | Profile | |
| Jacqueline Grove | Development, Talent | Profile | |
| Ravi Acharya | Chief VP | Profile | |
| Joe VanDette | Senior Officer | Profile | |
| David CFA | Senior Relations | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in National Vision Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Vision. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Vision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Earnings Share (1.04) | Revenue Per Share 27.744 | Quarterly Revenue Growth 0.029 | Return On Assets 0.0097 |
The market value of National Vision Holdings is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Vision's value that differs from its market value or its book value, called intrinsic value, which is National Vision's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Vision's market value can be influenced by many factors that don't directly affect National Vision's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between National Vision's value and its price, as these two are different measures arrived at by various means. Investors typically determine if National Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Vision's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.