Here is how National Vision (EYE) and Pilgrim's Pride (PPC) have performed compared to their sector so far this year.
The mean of analysts' price targets for National Vision (EYE) points to a 28.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Investors interested in stocks from the Consumer Products - Staples sector have probably already heard of National Vision (EYE) and Colgate-Palmolive (CL). But which of these two stocks offers value investors a better bang for their buck right now?
I maintain a hold rating for National Vision Holdings due to uncertainty about whether strategic initiatives will improve fundamentals. EYE's 4Q24 earnings showed 3.9% y/y growth, but profitability remains an issue, with a net loss of $29.4 million. Positive signs include a shift toward managed care customers and store optimizations, but CSSG and profitability need to improve.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
National Vision continues to draw investors' attention with its strategic transformation efforts, while positive industry trends should favor its growth.
National Vision (EYE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Investors are optimistic about EYE stock, courtesy of its share gain in the Owned and Host segments.
The strong execution of strategic initiatives and robust market expansion of the Owned and Host segment bode well for National Vision.
I downgrade National Vision Holdings to a hold rating due to lack of near-term stock price appreciation and the need for tangible growth evidence. 3Q24 earnings showed modest growth, with net revenue up 2.9% y/y, driven by higher tickets and slight same-store sales growth. Strategic initiatives like new product launches and store fleet optimization are positive but require time to show significant impact on growth and productivity.