NATIONAL VISION HOLDINGS INC (EYE)
Consumer Discretionary · Specialty Retail (Optical) · NASDAQ
A leading value-focused optical retailer operating a national network of stores providing accessible eye care and eyewear.
What NATIONAL VISION HOLDINGS INC does
National Vision Holdings is a value-oriented optical retailer that provides eyeglasses, contact lenses, and eye examinations through a network of retail stores and e-commerce platforms. The company operates multiple brands, including America's Best Contacts & Eyeglasses and Eyeglass World, alongside partner-hosted optical centers. It utilizes an vertically integrated model, managing its own optical laboratories and supply chain to support its retail operations.
Themes: value retail, vision care, e-commerce, omni-channel retail, healthcare services
Fundamentals
- Price$17.72 as of 2026-10-21 close
- Market cap$1.4B as of 2026-07-31 (share count; price 2026-10-21)
- 1-year return-29.9% 2025-10-21 close $25.29 → 2026-10-21 close $17.72
- P/E28.58 as of 2026-10-21
- Net margin+1.5% FY2026, SEC XBRL
- ROE+3.4% FY2026, SEC XBRL
- ROIC+3.9% NOPAT / (debt + equity - cash), average capital — 10-K FY2026 (year ended 2026-01-03)
- Debt / equity0.26 borrowings, leases excluded / equity — 10-Q/10-K balance sheet 2026-07-04
- Revenue CAGR (3y)+4.8% SEC XBRL
- Beta1.12 as of 2026-09-03
- Last reported earnings2026-08-12 SEC EDGAR Form 8-K (Item 2.02)
Dividend: at least 1 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How EYE compares in its sector
- price-to-earnings ratiotop 25% 245 covered Consumer Discretionary peers, as of 2026-10-21
- net profit marginmiddle range 315 covered Consumer Discretionary peers, as of 2026-09-03
- operating marginmiddle range 282 covered Consumer Discretionary peers, as of 2026-09-03
- return on equitymiddle range 294 covered Consumer Discretionary peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 327 covered Consumer Discretionary peers
- free cash flow (absolute dollars, latest fiscal year)middle range 311 covered Consumer Discretionary peers, as of FY2026
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage
Not assessed — last reported dividend predates the accounts. The most recent fiscal year in which EYE reported a dividend payment is FY2017, while its reported financial statements run through FY2026. Coverage is therefore not assessed for the latest year — an FY2017 ratio would not describe EYE today.
Coverage is derived from reported SEC EDGAR XBRL figures, comparing dividends paid against net income and free cash flow for the SAME fiscal year. It is not shown here because the latest fiscal year with a reported dividend payment (FY2017) is older than the latest year of reported financial statements (FY2026), so any ratio would describe an out-of-date year. Informational only — not financial advice.
Quarterly results
| Quarter | Revenue | Operating income | Net income | Diluted EPS | Operating cash flow | Capex |
|---|---|---|---|---|---|---|
| Q2 FY2027 2026-07-04 | $499M | $21M | $12M | $0.15 | $8M† | $22M† |
| Q1 FY2027 2026-04-04 | $544M | $45M | $31M | $0.38 | $62M | $18M |
| Q3 FY2026 2025-09-27 | $487M | $10M | $3M | $0.04 | $47M† | $16M† |
| Q2 FY2026 2025-06-28 | $486M | $16M | $9M | $0.11 | $54M† | $12M† |
| Q1 FY2026 2025-03-29 | $510M | $26M | $14M | $0.18 | $32M | $20M |
| Q4 FY2024 2024-12-28 | $437M | -$26M | -$29M | -$0.36 | $30M† | $32M† |
| Q3 FY2024 2024-09-28 | $452M | -$9M | -$8M | -$0.11 | $28M† | $24M† |
| Q2 FY2024 2024-06-29 | $452M | $591000 | -$3M | -$0.04 | $51M† | $20M† |
† Not filed as a discrete quarter: derived from the company's own year-to-date figures (for example the fourth quarter as the fiscal year minus the first nine months). A derived per-share figure is approximate, because the share count moves within the year.
Balance sheet at 2026-07-04
- Cash and equivalents$36M
- Total debt$230M borrowings only; leases excluded
- Net debt$194M total debt − cash − short-term investments
From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.
How NATIONAL VISION HOLDINGS INC looks technically
NATIONAL VISION HOLDINGS INC (EYE) is trading 18.9% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 119 trading days ago — a "death cross", a bearish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 29, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 59, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 2 trading days ago. It is 41.0% below its highest point of the past year.
Trend
7
| Distance from the 200-day | it is trading 18.9% below its 200-day average, the long-term trend line — a long-term downtrend | -18.9% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $17.29 | $17.29 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $21.84 | $21.84 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 36 calendar days ago — the swings before that are what the structure reading is measured on | 36 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 119 trading days ago — a "death cross", a bearish long-term signal | 119 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 29, with buyers in control | 29.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 59, neither overbought (above 70) nor oversold (below 30) | 58.8 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($16.16 to $18.13) — its "stochastic" reading is 79 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 79.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 26 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $30.02 | $30.02 |
|---|---|---|
| From the 52-week high | it is 41.0% below its 52-week high (its highest price of the past year) | -41.0% |
| Above the 52-week low | it is 20.1% above its 52-week low (its lowest price of the past year) | +20.1% |
| Below the 52-week high | it is 41.0% below its highest point of the past year | 41.0% |
| Since a 20-day breakout | it made a new 20-day high about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day low about 27 trading days ago | 27 sessions |
| All-time high | its highest closing price on record is $65.92 (set on 2021-11-05) | $65.92 |
| Given back of the 52-week move | over the past year its closes ranged ($15.44 to $29.46), and it has recovered roughly a quarter of its fall from last year’s high — 16% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $24.10 to $24.55. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 16.3% |
| From the all-time high | it is 73.1% below its all-time high | -73.1% |
| Nearest price level | it is trading 7.8% below a resistance level at $19.10 — a price it turned at three times since 2026-06-15, most recently on 2026-07-23. Since 2024-10-21 it has 6 such levels below the current price and 9 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +7.8% |
| All-time low | its lowest closing price on record is $9.56 (set on 2024-10-22) | $9.56 |
| Above the all-time low | it is 85.4% above its all-time low | +85.4% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 81% of it) | 19th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.6362 between its high and its low — about 3.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.6362 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $15.84 and $17.91 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $15.84 – $16.88 – $17.91 |
| Typical daily range (% of price) | its price moves about 3.6% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.6% |
| Stretch from the 200-day average | it is trading 6.5 daily ranges below its 200-day average price (18.9% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 6.5 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.57× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
2
| Since a doji | 9 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 9 sessions ago |
|---|---|---|
| Since a bullish engulfing | 7 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 7 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-10-21 0.6% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | -0.6% |
|---|---|---|
| Gap filled | a 2.1% gap up opened on 2026-09-22 has been "filled" 21 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 21 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 7.8 percentage points (the stock gained 7.7% while the market lost 0.1%) | +7.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 13.9 percentage points (the stock lost 10.6% while the market gained 3.3%) | -13.9% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 39.3 percentage points (the stock lost 29.5% while the market gained 9.8%) | -39.3% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 45.1 percentage points (the stock lost 29.9% while the market gained 15.2%) | -45.1% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a fresh 20-day high, MACD momentum is positive, a strong uptrend, with buyers in control — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 1.6% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-15 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 10.5% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -1.6% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 14% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $20.65 — a volume-weighted average of daily closes over 199 sessions, not a true tick-by-tick VWAP. | -14.2% |
|---|---|---|
| Vs the average paid since it last reported | the price is 2% above the average price paid since it last reported on 2026-08-12 (its 8-K), so the typical buyer over that stretch is showing a gain. That average is $17.37 — a volume-weighted average of daily closes over 50 sessions, not a true tick-by-tick VWAP. | +2.0% |
Price levels it has turned at before
EYE last closed at $17.72 on 2026-10-21. Since 2024-10-21 it has turned at 6 prices below its last close and 9 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $19.10 | Resistance | 7.8% above the last close | turned there three times · 2026-06-15 to 2026-07-23 |
| $15.86 | Support | 10.5% below the last close | turned there twice · 2026-09-15 to 2026-09-28 |
| $14.84 | Support | 16.2% below the last close | turned there twice · 2026-05-13 to 2026-06-05 |
| $21.59 | Resistance | 21.8% above the last close | turned there three times · 2025-06-03 to 2026-07-17 |
| $13.78 | Support | 22.2% below the last close | turned there twice · 2025-02-26 to 2025-03-25 |
| $22.14 | Resistance | 24.9% above the last close | turned there three times · 2025-08-11 to 2026-04-02 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-10-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Trading above the 50-day moving average · Pulled back from the 12-month high · Broke out to a new 20-day high · in a strong, established uptrend (ADX) · lagging the market | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.64 mean, 1=Strong Buy…5=Strong Sell) — 10 analysts
- Mean price target$27.50 range $20.00 – $35.00; median $27.00
Analyst estimates, as of 2026-10-22. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for EYE
- Consensus EPS estimate$0.169 next reporting period, as of 2026-10-22
- Estimate change, 30 days-$0.00155 (-0.9%) from $0.1706, on 2026-09-17, 35-day window
- Readings revised upward0% of 9 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Dependence on recruiting and retaining vision care professionals and optometrists.","Reliance on third-party vision insurance providers and managed vision care companies for revenue.","Operational risks associated with supply chain, inventory management, and the performance of hosted retail partnerships."]
What changed in the latest 10-Q
AI-assisted comparison of EYE's 10-Q filed 2026-08-13 against the prior one filed 2026-05-14.
Management's Discussion & Analysis (MD&A)
- Notes:
- The newer filing text is truncated mid-sentence in the Trends section (ends at 'Subsequently, t' for the newer and 'Subsequ' for the older), but the visible portions of the two texts are otherwise identical except for the store count date references and store counts described below.
- Store count date changed from April 4, 2026 in the older filing to July 4, 2026 in the newer filing.
- Total retail stores changed from 1,274 in the older filing to 1,281 in the newer filing.
- America's Best retail stores changed from 1,062 in the older filing to 1,069 in the newer filing.
Risk Factors
- Added:
- Newer filing (2026-08-13) includes a share repurchase table under Item 2, reporting 1,163 shares repurchased in May 3, 2026 – June 6, 2026 at an average price of $17.21, with $29,977 approximate dollar value remaining under the plans or programs.
- Newer filing (2026-08-13) includes footnote (1) under Item 2 stating effective March 2, 2026, the Board authorized repurchase of up to $50 million of common stock, expiring December 28, 2030, with $30.0 million remaining available following second quarter fiscal year 2026 repurchases.
- Removed:
- Older filing (2026-05-14) Item 2 stated 'None' regarding unregistered sales of equity securities and use of proceeds, which was removed in the newer filing.
- Older filing (2026-05-14) Exhibit Index included exhibits 10.1 and 10.2 (Form of Performance Stock Unit Agreement adopted March 17, 2026 and Form of Restricted Stock Unit Agreement adopted February 28, 2026), which are absent from the newer filing's Exhibit Index.
- Older filing (2026-05-14) included the footnote '(†) Identifies exhibits that consist of a management contract or compensatory plan or arrangement', which is absent from the newer filing.
- Reworded:
- Item 5(c): Newer filing (2026-08-13) states 'During the three months ended July 4, 2026'; older filing (2026-05-14) states 'During the three months ended April 4, 2026'.
- Signature dates: Newer filing (2026-08-13) is dated August 13, 2026; older filing (2026-05-14) is dated May 14, 2026.
- Cover page reference in Exhibit 104: Newer filing (2026-08-13) refers to 'quarter ended July 4, 2026'; older filing (2026-05-14) refers to 'quarter ended April 4, 2026'.
- Notes:
- The provided texts are labeled 'Risk Factors' but actually contain multiple Items (1A and 2–6) of Part II of Form 10-Q rather than only the Risk Factors section.
- Item 1A Risk Factors text is identical between the two filings; all reported changes pertain to other Items in the excerpts supplied.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days, of which we have read Form 4 filings through 2026-10-17. The 5 days since 2026-10-17 have not been checked yet.
- Last 180 days · read to 2026-10-171 buy ($776000) · 0 sells — 1 buying insider
Most recent open-market transaction: 2026-06-05. Based on Form 4 filings read through 2026-10-17; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about EYE's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
6 institutional 13F filers reported holding EYE as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 6
- Reported shares held 21,543,346
- Reported value $409,539,004
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 5 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about EYE's institutional holders → See what each manager we track holds →
Short interest (FINRA)
EYE had 15,545,507 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).
EYE had 19.7% of its shares outstanding sold short as of the 2026-09-30 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 6.22 days to cover at the same settlement.
- Reported short interest (shares) 15,545,507
- Short interest (% of shares outstanding) 19.7%
- Prior settlement (shares) 15,673,277
- Reported change -0.82%
- Days to cover (reported) 6.22
Reported to FINRA as of the 2026-09-30 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Luxottica (Private)
- Warby Parker (WRBY)
- 1-800-Contacts (Private)
- Walmart (WMT)
- Costco (COST)
- Visionworks (VSP)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does NATIONAL VISION HOLDINGS INC (EYE) do?
National Vision Holdings is a value-oriented optical retailer that provides eyeglasses, contact lenses, and eye examinations through a network of retail stores and e-commerce platforms. The company operates multiple brands, including America's Best Contacts & Eyeglasses and Eyeglass World, alongside partner-hosted optical centers. It utilizes an vertically integrated model, managing its own optical laboratories and supply chain to support its retail operations.
What sector is NATIONAL VISION HOLDINGS INC (EYE) in?
NATIONAL VISION HOLDINGS INC (EYE) is classified in the Consumer Discretionary sector. Its industry is Specialty Retail (Optical). It trades on NASDAQ.
Who are NATIONAL VISION HOLDINGS INC's (EYE) competitors?
Notable peers of NATIONAL VISION HOLDINGS INC (EYE) include Luxottica (Private), Warby Parker, 1-800-Contacts (Private), Walmart and Costco. This peer set is informational only — not financial advice.
Is NATIONAL VISION HOLDINGS INC (EYE) overbought or oversold right now?
NATIONAL VISION HOLDINGS INC (EYE) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 59, in the neutral middle (as of 2026-10-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on EYE come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.